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Latest News
Manulife becomes 1st insurer to offer life policies to people who are HIV-positive + MORE Apr 24th
Manulife has become the first Canadian insurance company to offer life insurance to people who are HIV-positive..... More »
Harvesting Crop Insurance Profits Dec 25th
A simple fix could save taxpayers $40 billion without damaging
the U.S. food supply..... More »
Ontario Car Insurance Rates Drop Slightly + MORE Jan 22nd
Here at RateSupermaket.ca, we keep you in the loop of different ways to save, whether it be on your mortgage, through investments, or on your car insurance. The Financial Services Commission of Ontario (FSCO) has reported that Ontario car insurance rates have dropped by 0.14 per cent on average.
Ca.... More »
Alternative strategies flourish amid proposed tax changes + MORE Sep 4th
Experts are fielding a growing number of calls from small-business owners about setting up vehicles such as Individual Pension Plans and corporate-owned life-insurance policies
.... More »
Readers puzzled by postal codes and car insurance: Mayers Aug 22nd
A couple moved from uptown to downtown. His car insurance went up, while hers went down..... More »
The U.S. debate that Canada should be having
– macleans.ca
(Shutterstock)If Americans were shocked when House Majority Leader Eric Cantor lost his seat earlier this month in a Tea Party upset, the debate that’s ensued over whether to scrap the U.S. Export-Import Bank caught corporate America completely off guard. Ex-Im, as it’s more widely known, is a state-owned agency that provides financing and insurance at below-market rates to assist foreign companies in buying American exports. By the end of September, Congress must vote on whether to reauthorize Ex-Im and renew its lending powers.
But a rift has emerged in the Republican party over Ex-Im’s benefits and evils. While Cantor supported the bank, Kevin McCarthy, the new House Leader, opposes Ex-Im on the grounds that government should get out of the banking business. Many other Republicans agree. Rep. Jeb Hensarling, who chairs the House Financial Services Committee, says Ex-Im is engaged in “crony capitalism” and wants it scrapped. The debate is even drawing defenders for Ex-Im from the ranks of Democrats—not the types to typically favour handouts to big biz…
The U.S. Supreme Court on Monday ruled that business owners can object on religious grounds to a provision of President Barack Obama’s health care law that requires closely held companies to provide health insurance that covers birth control.
Finance minister Charles Sousa says Ontario is on track to meet two-year promise to push auto insurance rates down by 15 per cent.

