Source: Hannah Jackson, globalnews.ca, August 18, 2020 Morneau had served as Canada’s finance minister under Trudeau since 2015. Bill Morneau is stepping down from his post as Canada’s finance minister and as Member of Parliament for Toronto Centre. Morneau made the announcement during a press conference on Parliament Hill Monday evening. Read the full article… Continue reading Morneau Resigns as Canada’s Finance Minister
Tag: finance
Boost Your Financial Skills for the New Normal
Embracing a new normal can prompt us to review and adapt our day-to-day habits and routines. While many people are taking time to try new things or expand their knowledge, an important area to focus on now more than ever is our financial skills. For some of us, leveling up our investing knowledge may be… Continue reading Boost Your Financial Skills for the New Normal
Despite Looming $2.4B Deficit, Sask. Not Scaling Back on Spending
Source: Mickey Djuric, globalnews.ca, June 16, 2020 Saskatchewan’s government faces a $2.4-billion deficit for 2020-21 as a result of COVID-19 and the oil crash. Despite an estimated $2.4-billion budget deficit for the fiscal year, the Saskatchewan Party government plans to pass a budget that avoids slashing funds for education, health care and infrastructure. On Monday,… Continue reading Despite Looming $2.4B Deficit, Sask. Not Scaling Back on Spending
Three steps to managing your money in a cashless society
Canada is leading the world in financial technology, with cashless transactions using credit cards, contactless payments, e-transfers and phone apps now the social norm. But for those of us still heavily relying on cash or not making use of the latest technology, making the transition to an increasingly cashless world can be a struggle. Fortunately,… Continue reading Three steps to managing your money in a cashless society
Fears of a COVID-19 Second Wave Hold Loonie in Place
Source: MarketsFarm, Producer.com, May 13, 2020 Thanks to the production cuts announced by Saudi Arabia on Monday, benchmark crude oil prices were steady to higher on Tuesday. WINNIPEG, (MarketsFarm) – The Canadian dollar steady on Tuesday, bolstered by moderate gains in North American crude oil prices. However, fears of a second wave of cases in… Continue reading Fears of a COVID-19 Second Wave Hold Loonie in Place
Increase Your Home’s Value by Investing in Your Basement
When it comes to return on investment, a basement reno is one of the smartest home improvements you can make. Whether you’re planning on selling or want to enjoy the space with your family, here are some tips to take your basement from lacklustre to lavish. Upgrade your flooring. Is your basement always cold? Do… Continue reading Increase Your Home’s Value by Investing in Your Basement
Why Having a Budget and Sticking to It Really Does Matter
A budget is the foundation of financial well-being. And with good reason. It’s a simple but highly effective way to make sure you live within your means, and it allows you to have control over your finances. Research backs this up. The Financial Consumer Agency of Canada has found that when people start using a… Continue reading Why Having a Budget and Sticking to It Really Does Matter
Understanding how financial stress impacts your well-being
Canadians consistently rank money as their biggest source of stress – higher than health, work or family obligations. This is not surprising when you consider that more than half of us do not regularly save money to cover unexpected expenses, according to the first national survey of financial well-being conducted by the Financial Consumer Agency… Continue reading Understanding how financial stress impacts your well-being
5 hidden costs to include in your monthly budget
(NC) Creating a monthly budget allows you to anticipate and track your spending so that your credit card bill isn’t a surprise. While things like rent, groceries and transit may be top of mind, there are few costs that may slip through the cracks. For example, automated payments are easily forgotten and can add up… Continue reading 5 hidden costs to include in your monthly budget