CMHC to pay $4B special dividend to federal government + MORE Jun 29th

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Canadians are losing sleep over COVID-19 financial stress. A financial therapist gives us tips on how to be at ‘peace with money’ in a pandemic Jul 29th

“We live in a world where we've got propaganda that tells us that more is better all the time, we never actually cultivate that real trust and peace with money,” says Brenda St. Louis, a Vancouver-based money coach.... More »
 financial

How prorogation will impact capital gains tax changes in Canada + MORE Jan 6th

Justin Trudeau’s decision to step down and prorogue parliament will keep his government from implementing its proposed changes to capital gains for now, but Canadians might not be off the hook with tax collectors just yet. The changes would raise the portion of capital gains on which companies .... More »

After major issues with tenants, these Ontario landlords blame their real estate agents - CBC Jul 15th

After major issues with tenants, these Ontario landlords blame their real estate agents  CBC.... More »
investment

Canada begins Storm Fiona cleanup as scale of devastation becomes clear - The Guardian + MORE Sep 28th

Canada begins Storm Fiona cleanup as scale of devastation becomes clear  The GuardianN.S. premier blasts telecom companies in wake of Fiona, calls on Ottawa to step in with regulation  CBC.caPrime Minister tours storm-hit Newfoundland, pledges $10-million in relief  The.... More »
Long before Mike Drak and I penned a book on semi-retirement, I reviewed a book called Retirement Rocks!, by a couple who retired early in their 50s. Heather Compton was a financial advisor who was able to retire by 50 by taking her own advice, while husband Dennis Blas had retired from the IT Business in his mid 50s.
This was back in 2004. I lost touch with the authors until a few weeks ago, when I discovered they had updated the book, cleverly retitled Retirement STILL Rocks! When the review copy arrived, I quickly read it, curious to see what the couple had experienced and learned in their first 13 years of retirement. (Although it might be more accurate to describe it as semi-retirement or an encore career of writing, speaking and seminar-giving.)
I recall Heather describing her new identity as a “lady who lunches,” although in the revised edition she concedes that perhaps age 50 was a tad too early to embark on full retirement. But the book – subtitled Canadian Boomers Invest in Life – nicely covers the triad of lifestyle, relationships and finances, and in that order…

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Canada Mortgage and Housing Corp. said Thursday it will pay a $4-billion special dividend to the federal government in instalments within the next two years.

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Why Canadian scientists aren’t happyKirsty Duncan, Minister of Science, makes an announcement during a press conference in Ottawa on Thursday, Dec 15, 2016. Canada’s science minister says universities aren’t doing the heavy lifting to appoint more female research chairs, so she wants to force their hands. THE CANADIAN PRESS/Sean Kilpatrick

Much hubbub this morning over two interviews Kirsty Duncan, the science minister, has given the papers. The subject is Canada’s Fundamental Science Review, commonly called the Naylor Report after David Naylor, the former University of Toronto president who was its main author.

Other authors include BlackBerry founder Mike Lazaridis, who has bankrolled much of the Waterloo renaissance, and Canadian Nobel physicist Arthur McDonald. It’s as blue-chip as a blue-chip panel could be.

Duncan appointed the panel a year ago. It’s her panel, delivered by her experts. Why does it not seem to be… getting anywhere? Why does it seem to have no champion in government? Therein lies a tale…

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A salute to a few financial gems, from TFSAs to the humble loonie

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During the company's annual meeting, executives discussed plans for dealing with the next meltdown in residential real estate

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