Personal Finance

To fee or not to fee? That is the question

After the financial crisis of 2008-09, governments around the world started looking at ways to make the investment business more ethical and transparent to consumers. Some countries are changing the compensation system for financial intermediaries. Instead of allowing product providers to pay commissions to product sellers, they want consumers to pay sellers directly for their […]

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Public gets a view into MP expenses

Canadians paid out $5,230 for Stephen Harper’s phone bill last year and $2,295 in postage for Michael Ignatieff. Those are some of the smaller expenses Canadians can browse online now that MPs expenses are posted in full. In total, the prime minister’s expenses came to $281,255.67, compared to Ignatieff’s $570,984.10. The expenses released are what […]

Featured Videos

The Crisis of Credit Visualized

[youtube iYhDkZjKBEw] The great financial crisis of 2008 left many asking what exactly happened.   Here is a video that helps explain it in easy to understand terms.  The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated.

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Feds warn travellers to be careful in Europe

Foreign Affairs is warning Canadians to be careful while travelling in Europe amid new terrorist fears there. The department stopped short of issuing a bona fide travel advisory Sunday but did say Canadians should “be aware” of their surroundings, and the department is “closely monitoring” the situation. “Canadians should be aware of their surroundings at […]

News

Feds spend $90M over 5 years to protect cyberspace

The federal government has launched its cyber-security strategy, which will cost $90 million over five years. Public Safety Minister Vic Toews and Natural Resources Minister Christian Paradis announced the launch Sunday at Ottawa Hydro as part of October’s Cyber Security Awareness Month. “The Internet has become an invaluable tool for Canadian families, businesses and governments,” […]