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 toContinue Reading

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.Continue Reading

Sales of trucks and passenger cars were both down as the number of new motor vehicles sold dropped 4.8 per cent in August. That’s 128,764 new vehicles. Statistics Canada reports preliminary industry data indicate new vehicle sales increased four per cent in September. Sales of trucks (which include minivans, sport-utilityContinue Reading

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 beContinue Reading

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 forContinue Reading