How to go about securing the best return for your investment in Canada.
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Exclusive: Nvidia to make Arm-based PC chips in major new challenge to Intel - Reuters Oct 23rd
Exclusive: Nvidia to make Arm-based PC chips in major new challenge to Intel ReutersNVIDIA and AMD reportedly working on ARM-based processors for PCs VideoCardz.comIntel stock drops on report Nvidia is working on an Arm-based PC chip CNBCBernstein's Stacy Rasgon reac.... More »
Immigrants face financial, emotional ruin as plans to resettle in Canada are clipped by COVID-19 - CBC.ca Dec 20th
Immigrants face financial, emotional ruin as plans to resettle in Canada are clipped by COVID-19 CBC.ca.... More »
A parents’ guide to home down payment gifts and loans + MORE Aug 20th
It used to be that parents budgeted for post-secondary education or contributing to the costs of a child’s wedding. But now, I am increasingly finding parents planning for home down payment gifts.
The statistics support this and show an increase in down payment help in recent years. A CIBC stud.... More »
Do inflation-linked bonds make sense in an era of rising interest rates? + MORE Feb 24th
For a long time, inflation-linked bonds like TIPs (Treasury Inflation-Protected Securities) in the U.S. or Government of Canada Real Return Bonds (RRBs) seemed like valid alternatives to nominal bonds for inflationary environments. If inflation ticks above certain levels, such bonds—or exchange-tr.... More »
The best TFSAs in Canada for 2021 Sep 20th
As the name suggests, tax-free savings accounts (TFSAs) offer a tax break on contributions—meaning that, unlike with a regular savings account or non-registered investment account, what you earn inside your TFSA isn’t taxed, even when you make a withdrawal. TFSAs are flexible, too, allowing you .... More »
Where to find and apply for COVID-19 financial relief
– moneysense.ca
The COVID-19 outbreak has dealt a shock to our economy, shuttering entire industries and leaving many more businesses in limbo, forcing layoffs and loss of income on many people. Fortunately, the Canadian government and several other institutions are offering financial relief for Canadians during the COVID-19 pandemic. If you have lost your job, have decreased income, need to stay home to take care of someone else, need to isolate or are sick yourself, the following emergency measures can help cushion the blow, including the latest news on the federal government’s plan for relief when the Canada Emergency Response Benefit (CERB) ends.
Canada Emergency Response Benefit (CERB)
This is a COVID-19 emergency aid measure set up by the federal government to help get financial relief to Canadians quickly and efficiently. It is a taxable benefit that pays $2,000 per month for up to four months (16 weeks), retroactive to March 15.
Who qualifies for CERB?
Canada Emergency Response Benefit (CERB)
This is a COVID-19 emergency aid measure set up by the federal government to help get financial relief to Canadians quickly and efficiently. It is a taxable benefit that pays $2,000 per month for up to four months (16 weeks), retroactive to March 15.
Who qualifies for CERB?
Workers who have lost their jobs or cannot work because of the COVID-19 outbreak
UPDATED: Workers whose income has fallen to $1,000 per month or less, including self-employed and gig-economy workers
Workers who are sick, quarantined, or caring for someone else who is sick
Working parents who can’t work because schools and daycares are closed
Workers who still have jobs but, due to required workplace shutdowns and layoffs, are not working right now
Independent contractors and self-employed workers who don’t usually qualify for Employment Insurance (EI)
How is CERB different from EI?
The CERB is specifically designed to fill in the gaps that surround the current EI system…
