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Investing In Gold And Silver
First, it’s necessary to decide how you want to deal with these precious metals. (I’m adding silver into the discussion, though other metals, like platinum and copper, are also significant.) People have been using them for coinage and ornamental purposes... (Continue reading)
Harder for Gen Y First-Time Home Buyers to Get Into Market?
Andrew MacLeod is part of demographic that apparently is being priced out of Canada’s housing market, but that didn’t prevent the 34-year-old from finding a way to buy his first home. MacLeod and his wife, 33, overcame current economic hurdles... (Continue reading)
Level of Credit Protection Unclear in Wake of Major Loss
In the wake of a class action lawsuit, the federal government now says it will provide a “credit flag” service for nearly 600,000 Canadians whose data was lost in November. But it is not the same level of credit protection... (Continue reading)
How to Make the Most of Your Tax-Free Account
Almost half of all Canadians have opened a tax-free savings account, according to a survey released last week by CIBC. That’s a remarkable take-up considering that TFSAs haven’t even been around for four years. That’s the good news. The bad... (Continue reading)
Want to Retire Early? Start Saving Now
If you’re dreaming of an early retirement, you need to start saving at an early age, too. That can be difficult if you’re just stepping into your first full-time job, or if you’re also saving for a house or paying... (Continue reading)
Banks Lose Trust As Service Charges Rise
Canada’s banks are solid, but their service seems to be slipping. After keeping fees stable for awhile, banks are raising charges on a variety of services. Interest rates on lines of credit are being adjusted. At the same time, banks... (Continue reading)
How We Tamed Our Debit Card Urge
At a time when we were really watching our pennies, my husband and I decided to use an old-school trick for budgeting to stop us from frittering our money away. I wasn’t sure exactly how much money we actually spent... (Continue reading)
Buying Your First Home is Now More Difficult
Buying a first home or taking out a loan against an existing residence will be more difficult for Canadians under new rules announced Thursday, but Finance Minister Jim Flaherty says it’s for their own good. For the fourth time in... (Continue reading)
Fed-up Clients Ditch Banks for ‘Transfer Day’
The social media-organized protest against big banks crescendoed Saturday, with hundreds of thousands of fed-up customers yanking their money from large corporate institutions to dump it into credit unions. Smaller community banks across the United States were recording an uptick... (Continue reading)
Occupy Toronto Takes to the Streets Again
As Occupy Canada protesters across the country spent a second day in tents set up in urban parks on Sunday, protesters in Toronto launched another march in the city’s downtown core and gathered at a central shopping area. Members of... (Continue reading)
