Whoa, economist dude. Twelve figures starts at $100,000,000,000 – a hundred billion. Yikes. We haven’t seen red ink like that from the federal government since way back during the pandemic – when the ...
Down she goes. Both fixed-rate fivers and VRMs are in the 4.5% range. The Bank of Canada delivered its second jumbo rate cut ...
Personal loan and mortgage costs, LOCs, business borrowings, home equity loans and VRMs will all get cheaper. So will ...
No shock in the major cities. House prices are stable or creeping higher. Condos are sinking. Detacheds rising. Sales volumes ...
Last November the feds said they’d spend $40 billion more than they collected running the place. That would be added to the debt. In a best-case scenario, our non-financial Finance Minister added, ...
If for some reason you’d been given the highly specific advice five years ago to ‘buy French luxury goods’ you might have bought Hermes International stock and done extremely well (+229%), or you ...
What if there were a way to take a few investments you possess, flip them into a special account, write that whole amount off your taxable income, make the investment grow without incurring any tax, ...
My colleague’s blog yesterday drew a red line under a sobering fact. Most people are pooched. Bad habits. Lousy finances. Poor prospects. They’ll run out of money far before they run out of life. The ...
The bad news? A recession looms, for sure. The good news? It’ll be short. Shallow. Real estate will suffer. Financial portfolios will not. Inflation will continue unabated. But interest rates are near ...
Yeah, it’s not Bitcoin. But a balanced, low-vol, diversified, 60/40 portfolio has handed investors close to 10% this year. And it was 8.5% last year. The even better news is that there’s more of the ...