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Don’t inherit a crisis: How to manage a parent’s debt before they pass + MORE Mar 13th
For many families, the grief of losing a parent is compounded by a harsh and unexpected reality: a messy financial aftermath. Amidst mourning, loved ones may suddenly find themselves facing a daunting array of bills, taxes, and legal duties they are unprepared to handle. The topic of inherited debt.... More »
Despite tariff pause, uncertainty hangs over Canadian economy - CTV News Feb 4th
Despite tariff pause, uncertainty hangs over Canadian economy CTV NewsThe trade war is off — but for how long? CBC.caTrump Tariffs Delay Lets Stock Markets Breathe. Why China Could Change That and 4 Other Things to Know Today. Barron'sBell: Trudeau no hero — Dani.... More »
U of W says student, faculty info stolen in cyberattack - Winnipeg Free Press Apr 4th
U of W says student, faculty info stolen in cyberattack Winnipeg Free PressUniversity of Winnipeg cyber attack affecting employees, students | CTV News CTV News WinnipegUniversity of Winnipeg says cyberattack stole employee, student financial info Global NewsPersonal.... More »
How to have the most tax-efficient retirement income plan Mar 22nd
Ask MoneySense
I am 59 years old, semi-retired and live in Ontario. I have $302,000 in my non-registered investment account (mostly Canadian equities), $133,000 in my TFSA (in equities), and $287,000 in my RRSP (in equities). I have three non-registered GICs, in 1-, 2- and 3-year terms, all earning .... More »
7 ways to protect yourself from ID theft + MORE Jan 7th
Avoiding identity theft is becoming ever more challenging in Canada. The Canadian Anti-Fraud Centre (CAFC) received more than 11,000 identity theft and fraud reports in 2023, and both government and financial institutions report an increase in cases.
According to the CAFC, these are some of the m.... More »
Activist investor Litt faces uphill battle in Hudson's Bay shakeup
– theglobeandmail.com
Litt is pressuring the retailer to make better use of its vast real estate assets
While Vancouver and Toronto chill out, Montreal home sales post best July in 8 years
– canadianbusiness.com
Forget Vancouver and Toronto _ Canada’s hottest housing market these days may be Montreal.
The Greater Montreal Real Estate Board says 3,075 homes were sold in July, climbing 16 per cent compared to a year ago and the most for the month in eight years.
That contrasts with Toronto, where sales last month plunged 40.4 per cent while in Vancouver they dropped 8.7 per cent.
The price of homes in Montreal was also higher, albeit still well short of levels seen in Vancouver and Toronto.
The median price of a single-family home in Montreal rose to $323,000 in July, up eight per cent from a year ago.
The median condominium price edged up two per cent to $256,000.
The post While Vancouver and Toronto chill out, Montreal home sales post best July in 8 years appeared first on Canadian Business – Your Source For Business News.
The Greater Montreal Real Estate Board says 3,075 homes were sold in July, climbing 16 per cent compared to a year ago and the most for the month in eight years.
That contrasts with Toronto, where sales last month plunged 40.4 per cent while in Vancouver they dropped 8.7 per cent.
The price of homes in Montreal was also higher, albeit still well short of levels seen in Vancouver and Toronto.
The median price of a single-family home in Montreal rose to $323,000 in July, up eight per cent from a year ago.
The median condominium price edged up two per cent to $256,000.
The post While Vancouver and Toronto chill out, Montreal home sales post best July in 8 years appeared first on Canadian Business – Your Source For Business News.
Co-CIOs leaving Sprott after management buyout
– theglobeandmail.com
Departure comes alongside co-chief investment officer Scott Colbourne
Economy adds jobs for eighth month in a row, though pace of growth slows
– canadianbusiness.com
The economy extended its winning streak in July, posting its eighth consecutive month of job growth while the unemployment rate dropped to its lowest point since the start of the financial crisis nearly nine years ago.
The unemployment rate fell 0.2 percentage points to 6.3 per cent, a level not seen since October 2008, as the number of people looking for work declined, Statistics Canada reported Friday.
The decrease came as the economy pumped out 10,900 net new jobs for the month. That followed staggering employment growth of 45,300 in June and 54,500 in May.
“We can forgive the economy for taking a bit of a breather on job gains in July, given how torrid the pace has been in the prior two months,” Avery Shenfeld, chief economist of CIBC Capital Markets, said in a note to clients.
The July data was fuelled by the addition of 35,100 full-time jobs, offset by the loss of 24,300 part-time positions.
Compared with a year ago, the number of jobs has increased by 388,0000, driven by a surge in 354,000 full-time positions…
The unemployment rate fell 0.2 percentage points to 6.3 per cent, a level not seen since October 2008, as the number of people looking for work declined, Statistics Canada reported Friday.
The decrease came as the economy pumped out 10,900 net new jobs for the month. That followed staggering employment growth of 45,300 in June and 54,500 in May.
“We can forgive the economy for taking a bit of a breather on job gains in July, given how torrid the pace has been in the prior two months,” Avery Shenfeld, chief economist of CIBC Capital Markets, said in a note to clients.
The July data was fuelled by the addition of 35,100 full-time jobs, offset by the loss of 24,300 part-time positions.
Compared with a year ago, the number of jobs has increased by 388,0000, driven by a surge in 354,000 full-time positions…
