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StatCan latest wealth survey shows stark disparity between homeowners, renters - CTV News Oct 29th
StatCan latest wealth survey shows stark disparity between homeowners, renters CTV NewsView Full Coverage on Google News.... More »
A guide to getting value from your advisor, and shifting to lower-cost investments May 19th
A MoneySense reader writes:
I have investments with a financial planner and my fees are 2% or more per year, for a total of close to $6,000 per year in fees. I’ve been looking at moving my investments to a robo-advisor, but I’m concerned about the capital gains and subsequent taxes from moving m.... More »
TD, RBC second-quarter profit bump helped by rising rates, macro environment May 24th
Two of Canada's biggest banks reported second-quarter earnings Thursday that benefited from bigger profit margins on the back of rising interest rates, though the bump could be less pronounced in coming quarters as pressure mounts for banks to raise the interest rates they pay on dep.... More »
How AI is changing online fraud May 13th
Just as we learned to ignore random dubious email requests from a self-described “Prince in a faraway land” seeking help recovering their lost fortune, those scams began to disappear. The same might soon happen to the latest generation of emails and text ruses, with its tell-tale conspicuous mis.... More »
The smart way to pay for “experiences” and other money tips Oct 1st
Who is Doretta Thompson? She is a chartered professional accountant (CPA) and the director of corporate citizenship at CPA Canada, where she leads its impressive and award-winning financial literacy initiatives. She also sits on the board of AFOA Canada (formerly the Aboriginal Finance Officers Ass.... More »
GE stock drops as profit misses, CEO cuts forecast
– theglobeandmail.com
Increase in revenue helped by the acquisition of oilfield services provider Baker Hughes
Canadian university education costs in six charts
– moneysense.ca
Students living at home spend $9,300 per year on average, For those who move away, it’s closer to $20,000. We asked 23,384 students how they pay for school and where they spend their money. Here’s what they told us.ON MACLEAN’S: Create a university ranking based on what’s most important to you
1. The total average cost of a post-secondary education
2. Where does the money come from to pay for school?
First, the good news: only half of students are in debt. Now the bad: parents are picking up the slack—and not in a very efficient way. Nearly two-thirds of students say they don’t have an RESP.
3. The cost of books by program
Course materials account for a fraction of the total cost of university, but they still add up. Here’s how the least and most expensive programs compare on the cost of books.
4. Debt by year of study
The average level of debt by each year of study, based on responses from more than 11,000 indebted students.
5. Spending on food on campus in a typical week
6…
