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HISAs vs. bonds and GICs: Where should Canadians hold their cash? + MORE Dec 18th
“Bonds are back,” you may have read on a financial news site or heard a financial advisor say recently. True enough, money is flowing into these fixed-income investments at the highest rate in years, and for good reasons.
In fact, Canadian savers have an abundance of good choices right now f.... More »
Dating dilemma: When to talk about finances + MORE Mar 15th
When it comes to popular first-date conversation topics, credit scores and debt levels aren’t at the top of the list. Even committed couples may find it hard to broach financial topics like retirement planning or estate planning. But as the cost of living goes up and people try to plan for the fut.... More »
Getting back into the saddle after a big loss + MORE Nov 18th
There comes a day in every trader’s career when it all seems to go wrong. A big financial loss can happen in many ways and for many different reasons. It can be sudden or sustained – one bad moment or a run of bad days. Maybe you took your eye off the ball or got overconfident, resulting in a lo.... More »
A quick guide to how income distributions on ETFs and mutual funds work Apr 12th
Q. I’m wondering if the reinvested income in mutual funds and ETFs paid only to existing investors who hold the units at the time of the distribution. If I sold my holding just before the distribution, am I out of luck? Or would the income still accrue to me, since I held the shares when that inco.... More »
Are you receiving the child benefits you’re entitled to? + MORE Jun 13th
No surprise, but raising kids is expensive. Statistics Canada calculates that each child costs a two-parent household an average of $17,235 a year.
To help parents make ends meet, the federal government offers the Canada Child Benefit (CCB). If you have children under 18 and file a tax return, yo.... More »
Toronto home prices rebound sharply after short slump, sales drop
– theglobeandmail.com
Toronto Real Estate Board said the average GTA home sold for $775,546 in September, up 5.9 per cent from August’s average of $732,292
Minister of Finance Bill Morneau speaks during a press conference before tabling the Fall Economic Statement, on Parliament Hill, Tuesday, Nov. 1, 2016 in Ottawa. THE CANADIAN PRESS/Justin TangOTTAWA – Finance Minister Bill Morneau says changes will be necessary to the Trudeau government’s contentious proposals to reform parts of the tax system.
Morneau said Tuesday that the government will review the feedback it received on its three-part tax plan during a 75-day consultation period that ended Monday.
The government will respond with changes to its tax plan so that it meets its goal of making sure the system is fair and encourages investment, he said shortly after an appearance before the Senate.
MORE: Liberals hear fresh warnings on tax reform as consultations end
“Changes are going to be required – as we move forward we will have more information on timing,” Morneau said in a brief interview after facing a barrage of pointed questions from senators over the tax proposals…
GTA sees 35 per cent drop in home sales from year ago – CTV News
– news.google.ca
CTV NewsGTA sees 35 per cent drop in home sales from year agoCTV NewsTORONTO — Home sales in the Greater Toronto Area fell 35 per cent in September compared with the same month last year, although the average selling price rose. The Toronto Real Estate Board said Wednesday sales of all major types of residential …Sales down but condo prices still on the rise in GTA, September real estate figures showCBC.caToronto housing prices drop for fourth monthToronto StarToronto home prices rebound sharply, but sales still slumpFinancial PostBNN -Digital Journal -Reuters -GlobeNewswire (press release)all 10 news articles »
