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Latest News
“Why do I need a financial plan?” + MORE Oct 6th
I am in my early 50s, have a steady job, I’m not a big spender, and I make RRSP contributions. Why would I need a financial plan? I don’t see how it could help me.—Tom
What is financial planning?
To answer your question—and it’s a good one!—let’s think about why people get a fina.... More »
Get Started: Slow hiring pace to remain at smaller companies + MORE Oct 10th
STEADY BUT CAUTIOUS APPROACH
The slow pace of hiring at small and mid-sized businesses is expected to extend into 2017, according to a survey of company owners released by PNC Financial Services Group.
Twenty-two per cent of the owners surveyed said they expect to hire new full-time employees, down .... More »
What newcomers need to know about investing in Canada Nov 15th
Canada is a beautiful, diverse country—maybe that’s why you immigrated here. But as a newcomer, you also need to know about the rising cost of living and the high income tax rate (up to a 54% marginal tax rate for high income earners). Today’s inflationary environment—with steep increases in.... More »
What’s my RRSP contribution limit? + MORE Jan 31st
Find out your current registered retirement savings plan (RRSP) contribution limit by using this calculator.
RRSP contribution rules highlights
Your RRSP contribution limit is based on the maximum annual RRSP contribution room set by the Canadian government, the earned income you had du.... More »
Nicholas Hui, P.Eng, Certified Financial Planner + MORE Mar 21st
Who is Nicholas Hui?
Nicholas Hui was an automotive engineer for 20 years before becoming a Certified Financial Planner. He brings the same systematic approach from his engineering background to his practise now as an advice-only planner. Nicholas specializes in helping young families and profess.... More »
Yahoo CEO could reap $44 million if she leaves after sale
– canadianbusiness.com
SAN FRANCISCO – Yahoo CEO Marissa Mayer stands to collect a $44 million severance package if she leaves after Verizon completes its purchase of the once-mighty internet company.
Mayer hasn’t announced plans to leave, but industry observers say she’s unlikely to stay after the $4.8 billion sale closes early next year.
The 41-year-old executive stands to collect $3 million in cash and almost $41 million worth of stock options and awards under a “golden parachute” agreement described in a regulatory filing Friday. In a filing last spring, Yahoo said Mayer could walk away with $55 million in compensation, but the estimates can vary with the value of Yahoo’s stock and the date she leaves.
Mayer has been CEO for four years but failed to reverse a long-standing slide in Yahoo’s advertising business. After an unsuccessful effort to spin off its investment in the Chinese internet giant Alibaba, Yahoo Inc. began entertaining offers for its core business earlier this year…
Mayer hasn’t announced plans to leave, but industry observers say she’s unlikely to stay after the $4.8 billion sale closes early next year.
The 41-year-old executive stands to collect $3 million in cash and almost $41 million worth of stock options and awards under a “golden parachute” agreement described in a regulatory filing Friday. In a filing last spring, Yahoo said Mayer could walk away with $55 million in compensation, but the estimates can vary with the value of Yahoo’s stock and the date she leaves.
Mayer has been CEO for four years but failed to reverse a long-standing slide in Yahoo’s advertising business. After an unsuccessful effort to spin off its investment in the Chinese internet giant Alibaba, Yahoo Inc. began entertaining offers for its core business earlier this year…
