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Our 20s are when we really start to think about our financial footing. You may have opened a savings account when you got your first part-time job in high school, but the first few years after college...
Why do people purchase pre-construction? That's a lot of money to put down on a plan and a promise that it will be built in a few years.
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Sustainable investments now dominate the stock market.
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The lessons from the Chrétien Liberals can be applied today, particularly in response to Trump's tax plan. Prudent spending, debt reduction and tax rate cuts would make Canada a more competitive location for investment and skilled labour, and help foster the prosperity Canadians enjoyed following the Chrétien reforms.
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Ontario has over 18,000 children living in care, the highest number of any province in Canada. These kids have experienced abuse, neglect and abandonment and are trying to overcome past trauma in order to heal, thrive and go on to lead happy and healthy lives.
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More recently than outrageous prices paid by royalty for pineapples in the days of Columbus ($5000 in current dollars), research by Stanford Professor Baba Shiv illustrates that the brain actually res...
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The clean money revolution has been quietly unfolding since the 60s and is now showing signs of explosive demand. What's different today? The largest generational transfer of wealth in our history is underway. This estimated $50 trillion dollars of inherited capital can remake the world, even a world dominated by Trump.
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If you understand that every dollar you spend or invest is a vote for the companies and their ethical and sustainability practices, then your voting selection just got a whole lot greener. Here are some ways for you to discover how to invest your money in a portfolio that reflects your environmental values.
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CETA, the EU-Canada Comprehensive Economic and Trade Agreement, has everyone talking about Canada in Brussels, the EU capital, ahead of February 15's vote - and it's not always good. So, here is a tip for Prime Minister Justin Trudeau ahead of his Thursday speech at the European Parliament.
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With search terms such as "How to move to Canada" and "How to become a Canadian citizen" skyrocketing on Google during and after the election, Canada is on Americans' radar now more than ever. Now might be a good time to buy investment real estate.
There's less than one week to go until the federal government tables its national housing strategy report on November 22, following months of consultations with the provinces and territories, industry experts and everyday Canadians. What will, or should, our national housing strategy look like?
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Written by Wayne Karl Spend a few minutes watching W Network's reality series Hockey Wives, and you quickly realize two things. One - it's not at all like any of those Real Housewives shows riddled wi...
It's reasonable to pay fees to have your money managed, but there are a lot of unreasonable costs that have somehow made a home in the financial world and really only benefit a small group of middlemen who distribute investment products to advisors (and maybe the golf courses they belong to). Before identifying some key costs, let's look at what 1% savings can do on a portfolio. These are two identical portfolios invested for 30 years and growing at 6%. One has a 1% additional fee paid each year.
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Want to know how long it takes to double your investments? Look no further than the old "Rule of 72." While no one has a crystal ball, this metric helps to figure out the length of time required to...
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The Client Relationship Model - Phase 2 (CRM2) is a new set of industry regulations meant to provide Canadian investors with more details on their investment costs and performance. It was developed by the Canadian Securities Administrators, an organization representing Canada's investment industry regulators.
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Shots fired! While our media has been pointing out how Chinese buyers are driving up real estate prices, the Chinese media has been dissecting our economy and government, and warning Chinese buyers of the dangers of owning Canadian real estate.
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Now that B.C. has introduced a 15-per-cent foreign buyers' tax intended to calm real estate purchases by non-Canadian residents, speculation is rampant that similar legislation is on its to Ontario -- or more specifically, Toronto. Like their counterparts in Vancouver, realtors in Toronto want nothing to do with such action.
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A second home purchase is a big deal. A furnished, comfy, home away from home in the likes of Lake Tahoe or Daytona Beach comes with spectacular scenery, an even better climate and a price tag. But vacation homes don't have to exist only in your dreams.
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Each of us has our own unique preferences and matters of importance in working with financial professionals. Have you taken the time to consider what is most important to you? The CFA Institute, a gl...
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Real estate agents can talk about the upside of buying right now, but they don't explain the downside of carrying massive debt. Yes, you may build some equity if you purchase a home, but if you've mortgaged 90 per cent of it, very little of your payments in your first five to 10 years will go towards repaying principal.
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Politics aside, the concept behind infrastructure spending in theory makes sense: with interest rates near all-time lows and little expectation of them going up in the short term, now is probably as a good a time as any to borrow money and put it to work.
Wastefully exploiting and burning fossil fuels is outdated. There's no reason to put money into industries that destroy the natural systems that make human life possible. But there are many reasons to stop giving them money.
Home buying season is officially here and when it comes to your finances there are dos and don'ts that come along with the often-overwhelming responsibility of taking on a new or higher mortgage. Here is a list of the top dos and don'ts to keep in mind when you're shopping for a home.
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University and college enrolment is booming across Canada, and post-secondary institutions are scrambling to keep up by expanding existing buildings and opening new satellite campuses. The challenge is that the scholastic expansion doesn't necessarily extend to student residences, which creates a need in the rental market -- and thus an opportunity for investors.
Much like last year's Canada Mortgage and Housing Corp.'s condo survey, which showed that investment condos owned by locals in Toronto and Vancouver are a long-term commitment with the objective of generating rental income, this year condominium investors display stable characteristics over time.
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As debate about federal support for the biggest player in Canada's aerospace industry, Bombardier, has heated up over the last few months, critics have come forward to say that investing in Bombardier would be a mistake, and that the company should be left to sink or swim on its own. They couldn't be more wrong.
With economic conditions remaining challenging in Canada, we have seen several corporations looking at different ways to manage their profitability. From Bombardier, to Canada's Finning International Inc., the world's largest dealer of Caterpillar Inc. equipment, to several Canadian banks, reports of job layoffs is daily news. In January 2016 alone, Canada suffered 5,700 job losses, pushing the national unemployment rate to a two-year high of 7.2 per cent.
In a 2015 global study by Morningstar, Canada's investment environment was rated the worst in the developed world when it came to Fees and Expenses. Don't worry, though, there's good news; our D- score is up from the F earned in 2014. The real question is the implication of our less-than-impressive grade.
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The problem with using stock graphs to decide whether or not it is time to sell a company's shares has to do with the importance that people place on observations. Simply put, the most recent past is frequently seen as more diagnostic than the distant past, and so lines on a graph can be misleading.
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In 2015, total Valentine's Day spending in the U.S. was expected to reach a staggering $18.9 billion. The holiday is an institution unto itself, with gifts often being purchased not just for romantic partners, but family members, friends, and co-workers. While the pressure to show your love can be overwhelming, Valentine's Day spending within your budget is possible.
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Every day I hear about a real estate bubble on the edge of bursting, with home sale prices exponentially rising well above assessment values. I don't think it's a surprise to anyone that foreign investment from Chinese investors over the past few years, and even decades, has been a major contributor to our real estate boom.
The average Canadian life span is steadily increasing and is currently in the mid-80s for both men and women. Plan to keep working as long as you can to build a portfolio that will support you well into your 90s. Start saving early even if it is a small amount of money today. It's the little drops of water that make the mighty ocean!