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No criminal charges filed in Revenue Québec data leak

No criminal charges will be filed in the investigation into how personal information pertaining to more than 23,000 Revenu Québec employees was transferred out of the provincial government agency’s data banks last year. Last summer, a 39-year-old Revenu Québec employee...

$1.3B in extreme-weather damage claims filed in 2019, Insurance Bureau of Canada says

Extreme weather events cost Canada $1.3 billion in insured damages, the Insurance Bureau of Canada (IBC)announced on Tuesday. Last year was the seventh most costly for insured losses ever registered in Canada, the worst year being 2016, which saw Alberta...

Tax revolt? Unpaid taxes from energy companies to Alberta towns more than double

Alberta’s rural municipalities say the amount of unpaid property taxes they’re owed by oil and gas companies has more than doubled over the past year. The association says they are owed a total of $173 million — a 114 per...

Being Grateful, Re-balancing your Portfolio, Recession is Coming

I hope you all had a great Thanksgiving long weekend!  If you take a moment to reflect, there are so many reasons to be grateful.  For me, the top of the list is my family.  Having a loving and...

3 misconceptions about retirement in Canada

A new report found that the reality of retirement in Canada isn't quite what people expect it to be. The online poll of 1,800 people conducted by Ipsos on behalf of RBC revealed notable misconceptions surrounding retirement. They include the timing of that...

Embrace Aging and Plan for a Happy Retirement

How We Age is Changing As youngsters, we can’t wait to get older.  Sometime later, we become less enthusiastic about our next birthday.  We come to realize our mortality with the tick-tock of age.  It’s a matter of perspective. Age has...

Global Financial Crisis & Canadian Dividend Growth Stocks

57%* of dividend-paying firms across the world either cut (43%*) or eliminated their dividend (14%*) during the financial crisis of 2008-2009 and “the year after 2008’s global market decline, aggregate dividends fell by 20%.”* Pretty scary stuff if you plan...

US housing construction jumps 16.9% in December

WASHINGTON — Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labour market helped lift the prospects of the housing industry. The Commerce Department...

Oil and gas industry applauds Supreme Court’s dismissal of B.C. TMX case

OTTAWA — The Canadian Association of Petroleum Producers says it is pleased, but not surprised, by the Supreme Court ruling that shut down British Columbia’s attempt to regulate what can flow through an expanded Trans Mountain pipeline. Tim McMillan, CEO and president of Canada’s largest...

Bombardier shares drop after it says revenue will fall short

Shares in Bombardier Inc. plunged more than 30 per cent after it said it expects its financial results for 2019 will fall short of its earlier guidance. The company says the miss is mainly due to actions taken to resolve...
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The Best Investments in Canada

You want to protect your money’s future purchasing power, and the best way to do this is to invest....
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Canada’s economy was slowing even before COVID-19 hit, January GDP numbers show

Canada's economy expanded by 0.1 per cent in January as manufacturing and the financial sector grew while transportation, mining, oil and gas and the...

Where to find and apply for COVID-19 financial relief

Alberta and Saskatchewan offer payments for anyone who is unable to receive federal aid. Quebec has a province-run temporary aid program for those who are...

Did coronavirus cancel your travel plans? Here’s how to get your money back 

Whether it’s a trip you booked months ago, or a last-minute deal you snagged when news coverage of the coronavirus was still just a...

Oil price falls below $20 US a barrel, its lowest since 2002

The benchmark price for a barrel of North American oil dipped below $20 US on Monday morning, the first time that's happened in 18...