How much do children cost? The 'mommy tax' for women lasts at least 5 years, Royal Bank says + MORE Apr 1st

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Why are stock markets rising? Apr 8th

It’s hard to believe that the first quarter of the year is already finished, but it’s even harder to fathom just how far away the last three months of 2018 now seem. You may have already forgotten, but between October 3 and December 24, global stock markets plummeted, with the S&P 500 fallin.... More »

The ins and outs of tax and estate planning for a RRIF Apr 3rd

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B.C.'s real estate professionals on what they need to stop money laundering in housing - CBC.ca Apr 16th

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Feds pledge $15.3M for opioid research, harm reduction - CTV News Apr 25th

Feds pledge $15.3M for opioid research, harm reduction  CTV NewsThe federal government announced an investment Wednesday of more than $15 million earmarked for opioid research and harm reduction initiatives..... More »
Having children comes at a “significant” cost for a woman’s career, according to a recent report from the Royal Bank of Canada, which says women lose earnings for up to five years after giving birth.

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Like many investors, Norman Levine was sure that interest rates were going to rise. He was so sure that he bought a number of rate-reset preferred shares, which are shares that reset their dividend every five years. If rates rise, those payouts climb. If not, they fall. Unfortunately, for Levine – and the many other investors who adjusted their portfolios thinking that rates were on a steady climb higher – long-term interest rates have fallen, while short-term rates may not be moving much this year either. “Our preferreds got clobbered,” says Levine, a managing director at Toronto’s Portfolio Management Corporation. 
Over the last year or so, portfolio managers, economists and journalists like me, have been talking about how interest rates are going to rise and the destruction that would cause in rate sensitive sectors, such as utilities, real estate investment trusts and telecoms. While we were right at first – between January 2 and October 1, 2018, the 10-year U.S. Treasury yield climbed by 33%, while the S&P/TSX Capped Utilities Index fell by 11…

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