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Canada Money

What Will Your Legacy Be?

Jane Blaufus | Posted 05.20.2013 | Canada Living
Jane Blaufus

Recently a 97-year-old New York man left his $40 million fortune to....no one. People need to encourage their friends and family to start sharing their wishes and their wants...to make it an acceptable discussion topic.

Five Reasons To Start Your Own Business Right Now

AskMen | Posted 05.16.2013 | Canada Business
AskMen

Just about everyone I know has designs on or at least daydreams of starting a business, which I think is normal. And yet, while no one ever says, "I want to be a cog in a giant, multinational machine when I grow up," that's usually what happens. I can't give you advice on how to create a successful business, but I can hopefully give you the nudge you need to at least try.

How Many Degrees of Separation Are Between You and Your Money?

Tim Paziuk | Posted 05.16.2013 | Canada Business
Tim Paziuk

Have you ever considered how many degrees of separation exist between you and your money? What I do know is that the more degrees of separation that exists between you and your money, the more it's going to cost you and the less you're going to get.

How To Make A Major Career Change

AskMen | Posted 05.02.2013 | Canada Business
AskMen

Many of us have experienced that moment when we question our career choice and start considering alternatives. It's natural, and our intuition is often right. When it's time to make a career change, a lot of us will hesitate and muddle ahead doing something we don't enjoy. Why don't we make the jump? Because fear gets in the way.

Does Signing a "No-Nuptial" Stifle Commitment?

Delaine Moore | Posted 05.01.2013 | Canada Living
Delaine Moore

In response to my boyfriend's question about "no-nuptials" I said I'd definitely be "open" to the idea. My friend Tara said: "The biggest problem I see with no-nupts is that they draw an invisible emotional boundary between the two of you. And when it comes to creating a serious future with someone, you have to be ALL in, or redefine what you are."

The Top 10 Lies Parents Tell Their Kids

Samantha Kemp-Jackson | Posted 03.26.2013 | Canada Living
Samantha Kemp-Jackson

The reality of being called "mom" or "dad" means that you're gonna have to bend the truth somewhat. The lies parents tell their kids range from the ridiculous to the sublime. These lies can range from a simple white lie to a real doozy. It's all just a matter of scale. Whatever it takes, right?

How a $100 Pair of Shoes Really Costs You $1,376.46

Tim Paziuk | Posted 05.18.2013 | Canada Business
Tim Paziuk

When I'm lecturing to students I like to ask them how much a $100 pair of shoes costs. The most common answer is $100 plus tax. Would you believe me if told you it could be as much as $1,376.46? As a 20-year-old, if you convinced yourself not to buy the shoes, and invested it instead -- with an assumed rate of return of 6 per cent -- you'd have $1,376.46 by the time you were 65 years old.

The Cost of Borrowing From a Bank

Steven Uster | Posted 04.27.2013 | Canada
Steven Uster

The competition continues to intensify between Canadian bank and non-bank lenders to carve out their share of the $18.4-billion market for small-business loans of up to $250,000. But as entrepreneurs assess their options, here are 10 points to consider that, in addition to the headline interest rate, impact the total cost of borrowing.

RRSP Season: Are you a Today Guy or a Tomorrow Guy?

Sheldon Dyck | Posted 04.24.2013 | Canada Alberta
Sheldon Dyck

Seinfeld fans revere the TV sitcom's fifth season. The Puffy Shirt, the Lip Reader, the Marine Biologist; they're classics. The season also gave us one of Jerry's great show-opening monologues, about his constant internal battle between Night Guy and Morning Guy.

You Can't Buy Your Way Out of Emotional Debt

Deborah Nixon | Posted 02.13.2013 | Canada Business
Deborah Nixon

It's a Wednesday afternoon, two weeks before Christmas. Sarah decides to pop into the mall. She wasn't enjoying this. This is what obligation shopping looks like but it's also what emotional debt shopping looks like. This time of year is ensnares us in an emotional trap. Remind yourself that stuff doesn't heal anything. If you manage your emotions, you manage your money.

The First Step to Talking Money With Women

Deborah Nixon | Posted 01.05.2013 | Canada Business
Deborah Nixon

Women relate to each other though stories, and through this process they learn and grow. Money is one of the last taboos and is something many of us are uncomfortable discussing. Creating safe and open spaces for women to talk about money is one of the missing gaps in financial and investor education.

Easy and Fun Ways to Teach Your Kids About Money

Jeffrey Schwartz | Posted 11.28.2012 | Canada Business
Jeffrey Schwartz

The average Canadian owes $1.54 for every dollar earned. Being debt-free or eliminating debt is more than merely a financial battle; for many, it's emotional, psychological and habitual. That's why learning smart spending habits is crucial from a young age. Getting your kids involved in financial planning and shopping gives them impactful, hands-on experience in budgeting. Here are some great tips to teach your younger and university-aged children to budget and save.

The Perks of Being a Public Servant

Peter Worthington | Posted 10.23.2012 | Canada Politics
Peter Worthington

Whatever happened to the old fashioned idea that one's salary was sufficient to guarantee the recipient fulfilling the job he was hired for? It staggers the imagination how so many of the Toronto Community Housing Commission got six-figure salaries, and bonuses that reached 20 per cent of their salaries. One has to give new CEO Gene Jones a chance, but a recent interview was somewhat disquieting when he was quoted saying he had no problem defending a 20 per cent salary bonus after his first year if he meets certain standards.

Apologetic Carney Says Future Bills Will Be More Diverse

CP | The Canadian Press | Posted 10.22.2012 | Canada Business

TORONTO - The governor of the Bank of Canada personally apologized for the way the image of an Asian woman was erased from the initial design of new $...

Mark Carney Apologizes For $100 Bill Race Gaffe

CP | Dean Beeby, The Canadian Press | Posted 10.20.2012 | Canada Business

OTTAWA - Bank of Canada governor Mark Carney apologized Monday for the way the image of an Asian woman was removed from the initial design for new $10...

Multicultural Or Offensive?

CP | Dean Beeby, The Canadian Press | Posted 10.16.2012 | Canada Business

OTTAWA - The Bank of Canada purged the image of an Asian-looking woman from its new $100 banknotes after focus groups raised questions about her ethni...

It's Time for Canadian Hockey Fans to Side With the Players

Kolby Solinsky | Posted 10.15.2012 | Canada
Kolby Solinsky

For whatever, reason, Canadians and hockey fans have tended to direct their glare at the players. They misguidedly view their occasional idiocy and always-present lack of financial knowledge with blame. With all due respect to Canadians, our values of socialism and unity are flawed. At least, in this case.

How Do Governments "Create" Money?

Michel Kelly-Gagnon | Posted 10.07.2012 | Canada Business
Michel Kelly-Gagnon

How do governments "create" money? That is the very relevant question a Sun reader asked me after reading one of my columns. Well, physical cash is only a tiny portion of existing money. Most of it nowadays simply exists as digits in computers. Granted, monetary economics is one of the most boring and technical topics in the field of economics. But given what is at stake in this risky experiment, we all have an interest in better understanding what is going on.

Kevin O'Leary Has Us Under (Remote) Control

Gerald McEachern | Posted 08.15.2012 | Canada Business
Gerald McEachern

Kevin O'Leary is no rebel or outsider operating at the edges of society. He, in fact, operates at the top, much as a parasite does on its host. Does that make O'Leary a bad man? Not if we see him as merely a symptom of who we are -- a nation entranced by reality TV. The problem is, with a daily media diet of this kind of tripe, we and our society overlook the real issues.

Big Oil's Plan to Crush Green Energy

Adam Scott | Posted 07.11.2012 | Canada
Adam Scott

A confidential memo proposing a massive fossil-fuel corporation funded campaign to build opposition against wind power was uncovered this week. As our transition to using windmills, solar panels and electric vehicles gains momentum, it's easy to see how peddlers of oil and coal might be freaked out. What if we don't want to buy what they are selling anymore?

Ten Things To Know About Non-Profits

Josh Bowman | Posted 04.03.2012 | Canada Business
Josh Bowman

A non-profit executive's salary should be at least somewhat commensurate to a similar position in the private sector, all things being equal, in order to attract talent and ultimately benefit the organization. At the same time, there are also reasonable limits, beyond which a salary becomes outrageous given the organization's need.

To Tip Or Not To Tip?

The Huffington Post Canada | Karolina Weglarz | Posted 01.17.2012 | Canada Style

We've all experienced this quandary: we swipe our credit card after stepping out of that salon chair and debate whether to leave a tip... or not. And ...

Hey, Big Spender: Get Your Finances On Track In 2012

The Huffington Post Canada | Arti Patel | Posted 01.02.2012 | Canada Living

Quick Study [kwik stuhd-ee]: The Huffington Post Canada's tips to make your life a little sweeter, five minutes at a time. Think of it as a cheatsheet...

Canadians Leading The Way In Online, Mobile Banking

CP | Michael Oliveira, The Canadian Press | Posted 02.13.2012 | Canada Business

TORONTO - Most Canadians still aren't pulling out their phones to check their bank account balances and pay bills but experts and users alike expect a...

Gross National... Happiness?

Andrew Cooper | Posted 12.03.2011 | Canada
Andrew Cooper

As a big idea, happiness needs to be taken seriously. As many civil society groups recognize, privileging happiness helps fill a missing "human" gap between the organizational objectives they are advocating and the needs of people on the ground.