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The best high-interest savings accounts in Canada for 2023 Jun 14th
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The best high-interest savings accounts in Canada for 2023
Here are the accounts offering the highest interest rates and lowest fees.
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Will Archbishop of Canterbury's residential school apology include any of Church of England's $13B in assets? - CBC.ca May 2nd
Will Archbishop of Canterbury's residential school apology include any of Church of England's $13B in assets? CBC.caResidential school survivor says weight "lifted" after Anglican church apology Global NewsArchbishop of Canterbury addresses reconciliation during service in Sask.... More »
In Humboldt, sorrow, love and loss take the ice on game night Apr 9th
Al and Jean Gaetz were in their arena seats in Row 8, in Section U near the blue line on Sunday, just as they were planning to do if their beloved Humboldt Broncos had reached Game 6.
They’ve held Broncos season tickets since 1973; they billeted young players for decades. Al, still selling real es.... More »
What is growth investing? Nov 3rd
If you’re the type of investor who is attracted to stocks that have the potential for outsized returns, then growth investing—whether through individual stocks, ETFs or a combination—might be the right fit for you. Growth investors look for companies with above-average growth prospects in thei.... More »
The crypto markets’ response to the U.S. election results + MORE Nov 6th
The price of bitcoin hit a new high Wednesday as investors bet that former President Donald Trump’s victory in the U.S. presidential election will be a boon for cryptocurrencies.
How did bitcoin investors respond to the presidential election?
Bitcoin jumped nearly 8% in early trading, cl.... More »
The Financial Post’s Jonathan Ratner looks at some of the day’s top business and financial stories.
Temple Street Productions lands Fairfax as new owner
– theglobeandmail.com
Toronto-based insurance and investment firm will take majority stake in the company, but will leave strategic, day-to-day decisions to co-presidents David Fortier and Ivan Schneeberg
(THE CANADIAN PRESS/Fred Chartrand)OTTAWA – The imminent federal election campaign will see more money splashed around than ever before in Canada and the deep-pocketed Conservatives can claim a decided advantage — an edge that increases exponentially if Prime Minister Stephen Harper opts for a longer campaign than usual, new number-crunching shows.
While much as been made of the ruling party’s fundraising prowess at the national level, the biggest impact of an extended campaign will be felt by candidates in local riding contests.
An in-depth analysis by The Canadian Press of financing at the grassroots level shows that Conservative candidates’ riding-based war chests are flush with cash, dramatically outpacing their political rivals in efforts to raise and stash away money.
A review of the most recent financial statements filed by riding associations to Elections Canada this month show candidates for the NDP, Liberals, Greens, Bloc Quebecois and other smaller parties simply don’t have the money to compete on a level playing field with Conservative contenders, whose local war chests are overflowing…
Picking priorities: Debt repayment vs. saving
– moneysense.ca
Canadians are more likely to prioritize debt repayment over saving for long-term goals, a new Edward Jones commissioned survey has found.
When receiving money in a lump sum like a tax return, poll results show that nearly one-in-three Canadians planned to use this to pay down debt, while fewer than one-in-10 planned to use that money to save for retirement.
Prudent rationale, right? Not necessarily. Believe it or not, there are times when it actually makes sense to put off debt in favour of saving. This chart can help you decide whether to pay down debt or invest for the future. As always, be sure to check with a financial planner to make sure you’re following the path that’s best for you.
When receiving money in a lump sum like a tax return, poll results show that nearly one-in-three Canadians planned to use this to pay down debt, while fewer than one-in-10 planned to use that money to save for retirement.
Prudent rationale, right? Not necessarily. Believe it or not, there are times when it actually makes sense to put off debt in favour of saving. This chart can help you decide whether to pay down debt or invest for the future. As always, be sure to check with a financial planner to make sure you’re following the path that’s best for you.
Scenario
Pay down debt
Save for the future
You graduated with student debt less than 6 months ago
✓ Although interest does accumulate during this period, you don’t have to make payments on your debt for the first 6 months after graduation…
What’s ailing China’s economy? Here are four stress points
– theglobeandmail.com
The latest sign of China’s problems came in the form of an 8.5-per-cent slide in the Shanghai Stock Exchange Composite Index on Monday, amounting to a paper loss of about $800-billion (U.S.). It was the second-worst day in the benchmark’s history and its most severe beating since 2007.
