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How to protect yourself from identity fraud in Canada + MORE May 26th
In 2024, Canadians lost a jaw-dropping $638 million to fraud, according to the Canadian Anti-Fraud Centre (CAFC). That’s already a hefty $60 million more than losses reported the previous year, but the true total is likely much, much higher—experts at the CAFC say that less than 5% of scams are .... More »
“Everything companies”: How Amazon’s playbook is reshaping competition in Canada + MORE Oct 28th
Canadian companies are nowhere near the size and scale of Amazon, but some of our most beloved brands now see themselves less as industry leaders and more as collections of varied financial assets. Consumers think of companies as offering goods and services, but this is not necessarily how companies.... More »
Is AI coming for my job? + MORE May 8th
Nearly two years after ChatGPT asked “Hello! How can I assist you today?”, a majority of Canadians worry the latest wave of artificial intelligence (AI) will replace jobs done by human workers. In a February survey by Leger, 75% of respondents held this view. The overwhelming consensus is that A.... More »
Moving money from RRSPs, RRIFs and TFSAs in retirement Jan 13th
Ask MoneySense
My husband and I are retired with $200,000 in our TFSAs, $230,000 in our RRSPs and RRIFs, and we have an emergency fund. Our household income is $85,000 a year.
My husband may need nursing home care at some point, so I have been moving assets from the RRSPs to our TFSAs for flexibi.... More »
OAS payment dates in 2025, and more to know about Old Age Security + MORE Apr 2nd
If you’re approaching or planning for retirement, you may have questions about Old Age Security (OAS) benefits, like: Do I need to apply for OAS? How much will I receive in OAS? When do OAS payments go out? We cover these questions and more below. But first, here’s a quick overview of how OAS wo.... More »
Wall St slips with inflation data on deck – Reuters
– news.google.ca
Wall St slips with inflation data on deck ReutersStock market today: US stocks slip in cautious countdown to PCE print as bitcoin soars past $60,000 Yahoo FinanceStock Market Today: Dow Jones Falls On Surprise GDP Data; Cathie Wood Sells More Nvidia Stock Investor’s Business DailyUS consumers fight back by shifting from name brands to store-brand items The Associated PressStock market today: Wall Street drifts as bitcoin bounces again Ottawa.CityNews.ca
