How to go about securing the best return for your investment in Canada.
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Innovative Devices are Transforming a Regular Day’s Work in the Financial Services Industry Dec 23rd
When COVID-19 hit, the pace of digital adoption within the financial services industry was accelerated practically overnight. Employees needed a way to stay connected and productive away from the office and turned to the latest digital tools and technologies to make this a reality. Now, there’s no.... More »
Getting the Most Out of Your Biweekly Paycheck Aug 9th
No matter what kind of work we do, we all look forward to the next paycheck. For many of us, the anticipation unfortunately stems from the fact that we get paid bi-weekly, or twice a month, even though our bills come monthly.
Over 36 percent of U.S. private businesses pay their employees every two w.... More »
How to Choose the Broker for Forex Trading + MORE Dec 5th
When you decide to start trading within the forex market, naturally, there are many important factors to consider. These are likely to include setting your trade budget, and figuring out exactly what markets you wish to trade in when you are getting started. The very first port of call however, shou.... More »
Canadians are losing sleep over COVID-19 financial stress. A financial therapist gives us tips on how to be at ‘peace with money’ in a pandemic Jul 29th
“We live in a world where we've got propaganda that tells us that more is better all the time, we never actually cultivate that real trust and peace with money,” says Brenda St. Louis, a Vancouver-based money coach.... More »
Are stock markets loaded for bear? + MORE Feb 8th
As 2018 progresses, business leaders and market participants should – and undoubtedly will – bear in mind that we are moving ever closer to the date when payment for today’s recovery will fall due
.... More »
Why everyone feels like they’re in the middle class
– moneysense.ca
Most Canadians think of themselves as middle class. In fact, the term is so elastic that politicians know they have just about everybody’s ear when they talk about “middle class” goals and aspirations. We think they are talking to us, whether it’s about wage increases, debt, taxes, or savings vehicles to help us save for our kids’ post-secondary education.How do we define the middle class? Depends on who you talk to. Bank of Canada governor Stephen Poloz last year said the term applies to those people who hold most of their wealth in the equity of their homes. Meanwhile, Prime Minister Justin Trudeau described the typical middle-class Canadian family as one with $90,000 in household income.
According to Nora Spinks, chief executive officer of The Vanier Institute of the Family in Ottawa, it’s misleading to simply look at the middle class as an income bracket. “Whether you think you’re middle class really depends on where you come from and what you aspire to be.”
So who are these middle-class Canadians and what defines them, besides income level? Is it the fact that they have children? A good education? A good job? Or something else? For many it is all about total wealth, not just income…
Major shareholder in The Bay pushes company to sell off real estate, consider going private
– cbc.ca
A minority shareholder in Hudson’s Bay Company says the company should consider selling its real estate holdings or consider a privatization by management.
