Bank of Canada raises concerns about mortgages, even those with larger down payments + MORE Nov 28th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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GameStop stock sees price drops after restrictions put on trades - CBC News: The National Jan 29th

GameStop stock sees price drops after restrictions put on trades  CBC News: The NationalRobinhood Users Suing Over Trade Limits Face High Legal Bar  Yahoo Canada FinanceGameStop frenzy is stock market gambling, WallStreetBets founder says  Global NewsThe surge in GameSt.... More »
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So, you want to be rich? Here’s how to get started Jan 6th

These are the four most common wealth-building strategies for people who don’t have gobs of money to begin with.... More »

Russia 'directly involved in downing of MH17': Julie Bishop - The Australian Financial Review + MORE May 25th

The Australian Financial ReviewRussia 'directly involved in downing of MH17': Julie BishopThe Australian Financial ReviewForeign Minister Julie Bishop says Russia was "directly involved" in the downing of MH17. Alex Ellinghausen. Share on Facebook · Share on twitter &middo.... More »
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How to Shop for Title Loans Online: The Complete Guide + MORE Jul 23rd

Car title loans have recently become a popular option for people who need a quick source of cash. Title loans are particularly useful for individuals with a negative credit history who need access to a loan. What is a car title loan? A car title loan is a type of short-term loan. It is quite similar.... More »

Visa agrees to buy financial technology startup Plaid for US$5.3 billion - Global News + MORE Jan 14th

Visa agrees to buy financial technology startup Plaid for US$5.3 billion  Global NewsVisa is acquiring Plaid for $5.3 billion, 2x its final private valuation  TechCrunchVisa to Buy Plaid for $5.3 Billion in Bid to Reach Startups  Yahoo Canada FinanceVisa acquires fintec.... More »
Trudeau’s LGBTQ apology is a good start, but it’s not enoughPrime Minister Justin Trudeau waves a flag as he takes part in the annual Pride Parade in Toronto on Sunday, July 3, 2016. THE CANADIAN PRESS/Mark Blinch
John Paul Catungal is an instructor of critical race and ethnic studies at the Social Justice Institute and a faculty associate of geography and Asian Canadian and Asian migration studies at the University of British Columbia. This piece first appeared at The Conversation.
On Tuesday, Prime Minister Justin Trudeau plans to make a formal apology on behalf of all Canadians to lesbian, gay, bisexual, transgender and queer (LGBTQ) people who have been imprisoned, fired from their jobs or otherwise persecuted in the past because of their sexuality. Some of those who lost their jobs as part of the so-called “gay purge” are seeking financial redress through an active class-action lawsuit against the Canadian government.
Tuesday’s apology will be an important, albeit long overdue, step forward to say sorry for the history of state-sanctioned discrimination against LGBTQ people in Canada…

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Almost half of new, young homeowners put down less than 20 per cent down on their homes, something that could make them vulnerable to economic shocks down the line, according to Bank of Canada’s Financial System Review laying out the biggest risks facing the economy.

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Q. I have been registered with an insurance company through my employer since 2001. At the present time, I have about $50,000 in my plan. I pay 3% and my employer matches 3%. My concern is that I’ve noticed that the insurance company is charging me a high amount in management expenses.
Every month I put in about $100 and my employer matches it. However, the insurance company charges me between $75 to $80 a month in expenses. Is this an appropriate amount or am I being overcharged? I’m in a defined contribution plan in a target-date mutual fund.   — Renee
Investment fee disclosure has always been terrible in Canada, Renee. And not surprisingly, poor disclosure and high fees are positively correlated. The less consumers know, the more the financial industry can gouge them.
Recent changes—so-called CRM2—have provided a modest improvement for many retail investment accounts. I still think the disclosure is deceptive and favours the financial industry over the consumer.
Assuming the $75 to $80 per month in expenses is a true representation of the all-in expenses for your investments, this would equate to about 1…

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At his confirmation hearing before the banking panel, Powell endorse core ideas that have define U.S. central banking since financial crisis

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Financial PostRising interest rates amid high household debt biggest risk to Canadian economy: BoCFinancial PostElevated housing prices and household debts remain the single-biggest vulnerability in the Canadian economy, according to the latest Bank of Canada report, despite signs that financial risks are beginning to ease. “Our financial system continues to be …Almost half of new, young homeowners have down payments of less than 20%CBC.caNew mortgage stress tests could disqualify 10% of buyers: Bank of CanadaThe Globe and MailBank of Canada governor muddles the debt messageToronto StarHuffington Post Canada -CTV News -Globalnews.ca -Bloombergall 29 news articles »

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