All about Retirement Planning in Canada. Learn the ins and outs and get the latest news.
Latest News
Common risks to retirement, investing and financial freedom Oct 11th
No matter what stage of financial planning you are in, it is important to be aware of and understand the common risks to your retirement plan and financial stability. The Toronto Star published the following chart showing reasons why Canadians delay their retirement:
While enthusiasm may be nece.... More »
Develop your own plan + MORE Dec 23rd
Steward Kinmond, 70, and Barbara Sibbald, 58, in front of their mortgage-free new-build, close to Parliament Hill. (Photography by Jessica Deeks)
Every morning, Barbara Sibbald and her husband Stewart Kinmond gaze out across their big backyard and watch the sunrise. Directly behind them is part of t.... More »
Maximizing spousal RRSP contributions in your 70s + MORE Mar 23rd
Q. My wife will turn 71 in 2022. She has three spousal RRSPs that we will arrange to mature on the same day: Feb. 8, 2022. On that day, we will convert all the RRSPs into a RRIF.
Between now and then, I wish to take full advantage of my ability to continue making contributions to spousal RRSPs. I am.... More »
Canadian VCs bolstered by Wellington’s new fund + MORE Oct 1st
Wellington’s new $300-million fund is backed by pension plans and offers debt financing to its portfolio companies, unlike many other VC funds, which look for equity
.... More »
Is the 4% rule out of date? + MORE Aug 14th
Getty Images
If there’s one topic guaranteed to get the attention of retirees and would-be retirees, it’s the 4% “safe” annual withdrawal guideline popularized by the American financial planner, William Bengen. I alluded to this last week when I wrote about Wes Moss’s “The 1,000-Bucks-a-.... More »
Most actively traded companies on the TSX, TSX Venture Exchange markets
– canadianbusiness.com
TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (13,988.20 up 36.43 points):
Bombardier Inc. (TSX:BBD.B). Transportation. Down four cents, or 1.01 per cent, to $3.91 on 20.3 million shares.
Torex Gold Resources Inc. (TSX:TXG). Miner. Down 22.5 cents, or 16.48 per cent, to $1.14 on 11.5 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Up 39 cents, or 1.09 per cent, to $36.14 on 10.5 million shares.
BlackBerry Ltd. (TSX:BB). Wireless communications. Up $1.08, or 9.93 per cent, to $11.96 on 9.4 million shares.
Air Canada (TSX:AC.B). Airline. Up 72 cents, or 8.04 per cent, to $9.67 on 8.3 million shares. The airline says preliminary estimates show its domestic pension plans had a small surplus as of Jan. 1, contrasting with a $3.7-billion solvency deficit a year earlier.
Penn West Petroleum Ltd. (TSX:PWT). Oil and gas. Down 81 cents, or 8.97 per cent, to $8.22 on 6.1 million shares…
Toronto Stock Exchange (13,988.20 up 36.43 points):
Bombardier Inc. (TSX:BBD.B). Transportation. Down four cents, or 1.01 per cent, to $3.91 on 20.3 million shares.
Torex Gold Resources Inc. (TSX:TXG). Miner. Down 22.5 cents, or 16.48 per cent, to $1.14 on 11.5 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Up 39 cents, or 1.09 per cent, to $36.14 on 10.5 million shares.
BlackBerry Ltd. (TSX:BB). Wireless communications. Up $1.08, or 9.93 per cent, to $11.96 on 9.4 million shares.
Air Canada (TSX:AC.B). Airline. Up 72 cents, or 8.04 per cent, to $9.67 on 8.3 million shares. The airline says preliminary estimates show its domestic pension plans had a small surplus as of Jan. 1, contrasting with a $3.7-billion solvency deficit a year earlier.
Penn West Petroleum Ltd. (TSX:PWT). Oil and gas. Down 81 cents, or 8.97 per cent, to $8.22 on 6.1 million shares…
Why bother with an RRSP?
– moneysense.ca
The post Why bother with an RRSP? appeared first on MoneySense.
Air Canada eliminates $3.7-billion pension deficit, reports small surplus at start of 2014
– canada.com
Air Canada said Wednesday it had finally got a hold on its massive pension obligations, and that at the start of 2014 it estimated its employee’s plan was actually in a small surplus position for the first time in years
What is an RRSP?
– moneysense.ca
What is an RRSP?
The post What is an RRSP? appeared first on MoneySense.
The post What is an RRSP? appeared first on MoneySense.
