Featured

Canada Imposes Additional Libyan Sanctions

Canada has decided to go beyond the sanctions announced Saturday by the United Nations Security Council against Libya’s Moammar Gadhafi, his five children and top associates, Prime Minister Stephen Harper said Sunday. The security council unanimously voted to freeze the assets of Gadhafi and to impose a travel ban on the Libyan dictator, his children […]

Personal Finance

Family Debt-to-Income Ratio Hits Record

The average family debt-to-income ratio in Canada has now hit a record 150 per cent, the Vanier Institute of the Family said Thursday. That means for every $1,000 in after-tax income, Canadian families owe $1,500, the institute said, while releasing its 12th annual assessment of Canadian family finances. It found the average family borrowing — […]

News

Flight Fee For U.S. Bound Canadians?

Prime Minister Stephen Harper says there are better ways for Americans to raise money than to charge Canadians to get into their country. U.S. President Barack Obama wants to charge Canadians entering the U.S. by air or sea a $5.50 inspection fee, although private vehicles would be exempt. “They’re running deficits down there well over […]

Featured

How to Cope with Unemployment

Monday is the day of love, but if you are one of 1.4 million unemployed Canadians, chocolates and flowers may be the last thing on your mind. Two weeks ago, Finance Minister Jim Flaherty spoke pessimistically in the House of Commons about employment prospects in 2011. He said the best we could hope for was […]