Report: Canada, Hong Kong and China most at risk of new financial crisis + MORE Mar 12th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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A shack in Vancouver is selling for $7 million. Here’s what you could buy elsewhere. Mar 21st

In 2015 a shack in Vancouver’s West End made headlines when it sold for nearly $3 million. Just 27 months later, the rundown pile is back on the market and making headlines again, with an asking price of close to $7 million. Barclay Street home in Vancouver’s West End for sale for almos.... More »
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When to watch out for OAS clawbacks Mar 14th

Beware of the clawback!(Shutterstock) Q: I have been trying to find out how much extra income a person can earn without having to report the income while drawing OAS and CPP. I have tried looking this up online, but every site I have been to wants to charge me just to get the answer or does not answ.... More »

CIBC: The BIS is wrong, Canada not at risk of financial crisis + MORE Mar 19th

A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web. .... More »

Stock markets brace for collateral damage as first shots fired in Trump's trade war + MORE Mar 23rd

Fears of a trade war are roiling financial markets Friday, with stocks under pressure around the world and the dollar in retreat..... More »

Can Brenda and hubby retire at 60 with $45,000 in income? + MORE Mar 19th

Q. If my spouse and I retire at age 60 in about three years—and want to have $45,000 net annually to spend—how much money will we need to have saved? We have no company pensions—only full CPP and OAS. We expect to live to age 85. – Brenda B. Brenda, there are several ways you can set up you.... More »
TORONTO _ Canadians’ collective household debt has climbed to $1.8 trillion as an international financial group sounds an early warning that the country’s banking system is at risk from rising debt levels.
Equifax Canada says consumers now owe $1.821 trillion including mortgages as of the fourth-quarter of 2017, marking a six per cent increase from a year earlier.
Although nearly half of Canadians reduced their personal liabilities, roughly 37 per cent added to their debt to push the average amount up 3.3 per cent to $22,837 per person, not including mortgages.
The fresh numbers come as an international financial group owned by the world’s central banks says Canada’s credit-to-gross-domestic-product and debt-service ratios show early warning signs of potential risk to the banking system in the coming years.
The latest report by the Bank of International Settlements says Canada’s credit-to-GDP gap and debt-service ratios have surpassed critical thresholds and are signalling red, pointing to vulnerabilities…

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Joseph Papa and chief financial officer Paul Herendeen, who both received large upfront equity awards when they were hired in 2016, will instead get smaller annual grants

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A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web

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