TSX getting you down? There are always sound investment alternatives.
Latest News
Inflation a scourge for retirees? Ottawa’s silver lining(s) + MORE Dec 20th
While inflation and taxes are both major scourges for retirees, there’s a silver lining in how the two interact. That’s because the federal government builds in a degree of inflation-indexing to tax brackets, retirement vehicle contribution room and major retirement programs like the Canada Pens.... More »
Red Hat stock up 47% after $34B US takeover by IBM Oct 29th
Shares of Red Hat skyrocketed 47 per cent at the opening of trading in New York Monday after IBM, in the biggest acquisition of its 100-year history, acquired the software company..... More »
Single, no pension? Here’s how to plan for retirement in Canada Jul 3rd
Being single in retirement has some financial obstacles. Some people are single as they enter retirement. Others become single due to divorce or death prior to or after retiring. Here are some considerations for planning your retirement as a singleton, especially if you have no defined benefit (DB) .... More »
Debunking the myths you think you know about baby boomers + MORE Feb 14th
Boomerpreneurs: Forty per cent workers over 65 are self-employed, according to the latest figures from Industry Canada. (Thomas Barwick/Getty Images)
This post is sponsored by TD
Baby Boomers have had a bad rap. Popular wisdom has it that the “Me Generation” grabbed all the attention when they w.... More »
The best GIC rates in Canada for 2025 + MORE Aug 11th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
‘Star Wars: The Force Awakens’ becomes fastest movie to $1 billion
– canadianbusiness.com
LOS ANGELES, Calif. – “Star Wars: The Force Awakens” has reached $1 billion at the box office, reaching the milestone with record-setting hyper speed.
The Walt Disney Co. said “The Force Awakens” crossed the billion-dollar mark Sunday, accomplishing the feat in just 12 days. The previous movie to reach $1 billion the fastest was Universal’s “Jurassic World,” which did it in 13 days in June. “Jurassic World” also had the benefit of record grosses in China. “The Force Awakens” doesn’t open in the world’s second-largest movie market until Jan. 9.
J.J. Abrams’ installment of “Star Wars” also posted the biggest Christmas Day box office in history with $49.3 million and the best second-weekend earnings with $153.5 million.
“The Force Awakens” has been setting records since its debut Dec. 17. It brought in a galactic $238 million in North America over its opening weekend, besting previous record-setter “Jurassic World,” and set international opening-weekend records in Australia, New Zealand and throughout Europe…
The Walt Disney Co. said “The Force Awakens” crossed the billion-dollar mark Sunday, accomplishing the feat in just 12 days. The previous movie to reach $1 billion the fastest was Universal’s “Jurassic World,” which did it in 13 days in June. “Jurassic World” also had the benefit of record grosses in China. “The Force Awakens” doesn’t open in the world’s second-largest movie market until Jan. 9.
J.J. Abrams’ installment of “Star Wars” also posted the biggest Christmas Day box office in history with $49.3 million and the best second-weekend earnings with $153.5 million.
“The Force Awakens” has been setting records since its debut Dec. 17. It brought in a galactic $238 million in North America over its opening weekend, besting previous record-setter “Jurassic World,” and set international opening-weekend records in Australia, New Zealand and throughout Europe…
Jacques Boissinot/CPMONTREAL — The Quebec government is considering a bill that could see members of the legislature get a substantial increase in their base salary and make them the country’s best-paid provincial politicians.
The proposal is essentially the result of recommendations in a report from retired Supreme Court justice Claire L’Heureux-Dube on how to improve their pay conditions.
Under the plan, the base salary would climb to $140,000 from $90,000, although the hike would kick in at the earliest in 2018 and only if the bill passes unanimously in the national assembly.
Liberal house leader Jean-Marc Fournier argues the eye-popping salary numbers wouldn’t mean an additional burden on taxpayers because politicians will assume responsibility for funding a greater share of their pension plan.
“There are savings of $400,000 yearly — some $4 million over 10 years,” Fournier said.
Fournier says eliminating $16,000 in tax-exempt earnings, boosting the share of politicians’ pension contributions to 41 per cent from 21 per cent, cutting certain allowances and making changes to collective insurance would offset any such pay hike…
