Canadians pay among the highest amount in the world for wireless service. For example, for a basic plan that includes texting, data and talking minutes the average in other industrialized countries is $22 per month; whereas in Canada we pay $37.29 a month. The story is similar for cable and internet. As a consumer you can only be taken advantage of by a corporation for so long -- there comes a point where you can't take it anywhere. We've reached that point.
Ashley Redmond is the associate editor at Morningstar Canada. Her roles include writing feature articles on personal finance, video reports and commentary. A former reporter and editor at a radio station in Toronto, she is a journalism graduate of Humber College. Follow her on twitter @RedmondTO.
Since I've moved to Vancouver in February of last year I've become accustomed to daily news updates on the real estate market. There are other towns like Squamish that are on the winning end of the housing crisis in Vancouver -- these towns are getting young families that will one day help their town prosper.
01/26/2016 04:40 EST
This Netflix cleanse was obviously not on purpose and I don't advocate it for everyone. But by forcing myself to be alone and engage in activities that I like such as organizing and chatting on the phone I was allowing myself to be with my thoughts and be present in the moment. It was kind of awesome.
07/27/2015 05:03 EDT
Millennials are reaching the age when they should be achieving financial autonomy and independence, but unfortunately many aren't. Why are millennials having so much difficulty landing a job and living independently? According to a survey, this generation says its biggest obstacle to financial success is the lack of earning power and unemployment, followed by a lack of budgeting, planning and saving.
12/03/2014 12:47 EST
It's time for students to take control of their finances, and the first step in doing that is becoming more knowledgeable. Melissa Jarman, director of student banking at RBC, says there's a lot of work that needs to be done to improve financial knowledge.
10/30/2014 12:54 EDT
Marriage is on the decline in Canada and that cohabitation is on the rise. In 1961, less than 1 per cent of families lived in a cohabitation structure; now almost 20 per cent of families are spearheaded by common-law couples. Here are three things to consider before you shack up.
10/15/2014 05:19 EDT
A gap year is when high school graduates take time off to work, travel or volunteer before they go to college or university. Gap years are common in other parts of the world like the U.K. or Australia, where they are treated like a rite of passage. They've only recently picked up steam in Canada.
10/08/2014 12:35 EDT
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