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Justin Bieber Might Just Make Tim Hortons Relevant Again Nov 19th
After 57 years in business, Tim Hortons is giving people what they never knew they wanted: Timbiebs. Starting on November 29, coffee lovers across Canada and the U.S. can order three flavours of Justin Bieber-designed Timbits: chocolate white fudge, sour cream chocolate chip and birthday cake waffle.... More »
Federal Reserve cuts US growth forecast as Trump tariff fears increase - BBC.com + MORE Mar 20th
Federal Reserve cuts US growth forecast as Trump tariff fears increase BBC.comFed holds interest rates steady, still sees two cuts coming this year CNBCFederal Reserve cuts US economic growth outlook amid Trump tariffs The GuardianMarket Factors: Why the Federal Rese.... More »
Making sense of the markets this week: September 28 Sep 27th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Is beating the market a thing of the past?
There are many reasons why it gets harder and harder to beat the market. Even for the likes of Berkshire Hathaway’s Warren Buffett.... More »
Divorce and life insurance: How to make sure your family stays protected + MORE Feb 7th
Jay and Susan (not their real names) spent 15 years building a life together. They bought a house, adopted a dog and started a family—their two kids are the light of their lives. But due to a variety of reasons, they decided that they’d be better people, and better parents, separately rather tha.... More »
Are Vanguard Canada ETFs and other funds always a good investment? Sep 6th
Ask MoneySense
I’ve heard good things about Vanguard investment accounts in the U.S., owing to the low cost of the investment. Is there a Canadian equivalent and is it as beneficial?—Kate
Vanguard ETFs in Canada: What to know
The Vanguard Group, Inc. is one of the largest global investme.... More »
Prime 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 BlinchJohn 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…
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.
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…
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…
Fed chair nominee Powell pledges to ‘respond decisively’ to economic threats
– theglobeandmail.com
At his confirmation hearing before the banking panel, Powell endorse core ideas that have define U.S. central banking since financial crisis
Rising interest rates amid high household debt biggest risk to Canadian economy: BoC – Financial Post
– news.google.ca
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 »
