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What is renters insurance and how does it work? We make it make sense + MORE Jun 8th
While many people are under the assumption that their landlord’s insurance will protect them, there are actually big differences to be aware of, said money expert Jessica Moorhouse..... More »
The best credit cards in Canada for 2024 Aug 8th
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The best credit cards in Canada for 2024
Whether you’re looking for rewards, low fees or valuable perks like travel insurance or airport lounge access, we can help.
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By Keph Sen.... More »
How much life insurance do I need? + MORE Mar 12th
Life insurance can be a tough task to face, but it’s pretty essential to ensure that your loved ones are looked after you die. Grief is difficult enough without having to deal with the stress of not being able to keep up with mortgage or car payments. But how much life insurance do you need? Here,.... More »
TFSA contribution room calculator + MORE Aug 28th
TFSA contribution room calculator
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator. Note that in the second box below, you should not “double count” contributions that you have withdrawn and then legitimately re-contributed in the following.... More »
CPP payment dates in 2025, and more to know about the Canada Pension Plan + MORE Jan 3rd
In Canada, no retirement plan is complete without considering the CPP. Whether you’re approaching retirement or still several years away from it, the Canada Pension Plan will likely play a role in your retirement income. How big a role depends on several factors. You may have other questions, too..... More »
The problem with involving the PBO in elections
– macleans.ca
Parliamentary Budget Officer Jean-Denis Frechette waits to appear before the Commons infrastructure committee, Tuesday, February 21, 2017 in Ottawa. (Adrian Wyld/CP)Yesterday, the Government of Canada tabled legislation to implement Budget 2017. These Budget Implementation Acts (often 2 are needed for each federal budget) are omnibus bills that get fast-tracked through Parliament. There are many, many things worth paying attention to in the government’s legislation: employment insurance special benefits and parental leave; tax changes; user fees. But so far, I think, The Economist Party has been really interested in the changes coming to the Parliamentary Budget Officer (PBO).
The PBO was mentioned once in the 2017 Budget, but only to remind us that planned changes had been announced in the Fall Economic Statement. That fall statement promised to give the PBO better resources, a renewed mandate and better access to government-held information. It also promised that, “[f]inally, as exists in other jurisdictions, the Parliamentary Budget Officer’s mandate will include costing of platform proposals at the request of political parties to ensure Canadians have a credible non-partisan way to assess a party’s fiscal plans…
