Insurance policy getting you down? There are always sound insurance alternatives.
Latest News
The best travel insurance credit cards in Canada for 2024 + MORE May 19th
Spend
The best travel insurance credit cards in Canada for 2024
Searching for the perfect card? Compare your options with our interactive tool, and filter results based on rewards value, annual fees, income requirements, and more.
Compare now .... More »
How does earthquake insurance work? May 3rd
Earthquake insurance may not be on the minds of many Canadians. And earthquakes may not top the list of likely natural disasters in Canada, but your home could be at risk. According to a study commissioned by the Insurance Bureau of Canada, a major earthquake could devastate communities across the c.... More »
What is pet insurance—and do you need it? + MORE Sep 25th
Did you know that 60% of Canadians have a pet, but only around 4% of these furry friends are covered by pet insurance? If you’ve put off purchasing pet insurance because you’re unsure what it is or whether you even need it, we’re here to help.
As pet insurance becomes more common and availa.... More »
How to negotiate a job offer to get better benefits Jun 5th
Not all workplace benefits plans are created equal. Experts say it’s important to understand what’s in the plan before signing a contract at a new job, and whether there’s room to negotiate some extra perks better tailored to your life.
“Sometimes, benefits programs can seem really bright.... More »
What is short-term disability insurance? + MORE Apr 1st
Short-term disability (STD) insurance is a term you may have encountered while filling out employee paperwork when you start a job. But what exactly does it do? It provides income for someone over a short period of time if they can’t work because they’re ill or injured, have been in an accident,.... More »
What’s in Store for Global Bond Yields?
– ratesupermarket.ca
Bond yields continue to suffer as interest rates around the world remain at near-record lows. According to a recent report by credit rating agency Fitch – which rates bonds and other credit held by government and corporations – “steep declines in global sovereign bond yields over the past few years have drastically reduced investors’ ability to generate interest income from new securities purchases.”
The ratings – which are used as a guide to price these debt instruments in the open market – are currently leading to big losses for corporations invested in sovereign bonds, including insurance companies and pension funds. But these declines are also bad news for individual bond investors, who have seen income from these investments decline over the last several years. These income-dependent institutions are likely to face increasing credit risk as yields on high-grade bonds diminish.
Putting These Losses into Perspective
According to Fitch analysts, compared to yields available in 2011, global investors are missing out on $500-billion in annual income on $38-trillion in currently outstanding bonds…
