Topic: Financial Planning

A recent poll done by CIBC and Harris/Decima has found that 59% of Canadian retirees are still in debt. Worse yet, the poll finds that 55% of people that carry debt into retirement have seen their debt levels either increase or remain unchanged over the past year. As you can imagine, it only becomes more …

For more than 400 years Manhattan has been the site of big trades, big gains and big losses. The island was originally purchased in 1626 from the Lenape Native Americans for a sum of 60 Dutch guilders, the equivalent of roughly $24, by the Walloon director-general Peter Minuit. At this time the city was hailed …

Perhaps jumping into the stock market has turned out to be more of a chore than you and your child anticipated. If savings bonds and GICs are not offering the rates of return you and your child would like to see their savings yielding, mutual funds are a promising alternative. At current Canadians have well …

How to Pick your Stocks Now that your child is proficiently handling their chequing account, making debits and deposits responsibly, and has assessed their risk tolerance, it is time to locate an investment vehicle that will see their savings dollars grow. While an allowance and monetary birthday/holiday gifts might line the accounts, authoress Katherine R. …

Local Businesses see Up-Surge of Corporate Spending Is it the enchantment cast by the recent visit of the Duke and Duchess, which sadly ends today, or an indication that the City of Calgary is enjoying better economic times? According to yesterday’s Calgary Herald, the answer lies in the latter. The Herald highlights the fact that …

Credit score is one of the major players in determining the amount of financing and interest rate you are eligible to receive. Credit history proves to lenders how reliable you are when granted funds. Leading up to your mortgage application, there are six, quite simple steps you can take to help improve your credit rating. …