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Are women getting the right advice about RESPs? Apr 30th
When my first child was born in early 2011, I wanted to set up a registered education savings plan (RESP) as soon as possible. My husband didn’t have any student debt of his own, but I’d left university with over $40,000 owing on a line of credit—a huge number that I carried into our marriage .... More »
The best high-interest savings accounts in Canada for 2026 + MORE May 11th
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China Evergrande ordered to liquidate in landmark moment for crisis-hit sector - Reuters Jan 29th
China Evergrande ordered to liquidate in landmark moment for crisis-hit sector ReutersHong Kong court orders Chinese property developer Evergrande to liquidate CBC NewsLive news: Evergrande ordered to liquidate as China property crisis continues Financial PostChina E.... More »
How much credit card debt does the average Canadian have? Sep 22nd
As the country re-opens after COVID-related restrictions, Canadians are faced with a worrying financial picture. Many have moved, others are looking to travel, and the cost of living is ballooning with unusual rates of inflation. Meanwhile, the Bank of Canada (BoC) rate hikes designed to curb these .... More »
The life and times of an original “bankster” Feb 8th
Growing up in Guelph, Ont., in the 1870s, Arthur Cutten was a whiz with numbers and a shark at marbles, routinely capturing the most coveted orbs (“glassies,” if you’re curious) from his less-skilled classmates. That competitive spirit served him well years later, when 19-year-old Cutten—eag.... More »
How a Government Worker Extorted Millions From Canadian Businesses
– canadianbusiness.com
On a Friday night in August 2020, Arthur Keech was working late from his home office in Vancouver. Keech is an IT manager for Amacon, a large real estate developer. He had only been in the role for about seven months when he received a curious note from one of his colleagues: They had tried to open a network file but couldn’t. Keech figured it was an error—someone had screwed up a file name. But when he went to log into the company’s operating system, he couldn’t. “That’s weird,” he thought. He used a different login and managed to gain access, but he only needed to take one look to realize he had a big problem.
Keech immediately noticed that all of the file extensions had been changed from the standard .doc to “random garbage.” And when he tried to access any of the Windows files, a note popped up: “Hi! Your files are encrypted,” it began. Keech’s heart was pounding. He knew exactly what was happening: It was a ransomware attack. Someone, or some group of people, had exploited a technical vulnerability or used social engineering—like phishing—to hack into his company’s system…
