4 steps to getting investment income without paying the CRA more taxes

Here’s how to balance dividends with a lower tax bill The Canada Revenue Agency headquarters in Ottawa. Photo by Sean Kilpatrick/The Canadian Press files Most investors like a high-income yield, but are you one of them? Do you need monthly income to pay your bills? Is this income earned in a taxable account? If you… Continue reading 4 steps to getting investment income without paying the CRA more taxes

Markets may be bouncing back, but managing risk is as important as ever

Martin Pelletier: Take a step back and try not to let previous results influence your risk behaviour Traders work on the floor of the New York Stock Exchange. Photo by Michael M. Santiago/Getty Images files Romance is in the air as markets appear to have found their footing after one of the strongest starts to… Continue reading Markets may be bouncing back, but managing risk is as important as ever

Half of Ontario insolvencies filed by millennials

Insolvencies are up 15% from last year and a younger generation is leading the way Total Ontario insolvencies rose by 15 per cent in 2022 year over year while Canadian filings rose by 11 per cent. Photo by Getty Images/iStockphoto After the pace of insolvency filings fell during the pandemic, it is now back on… Continue reading Half of Ontario insolvencies filed by millennials

Millennials driving an uptick in Ontario insolvency filings

Insolvencies are up 15% from last year and a younger generation is leading the way Total Ontario insolvencies rose by 15 per cent in 2022 year over year while Canadian filings rose by 11 per cent. Photo by Getty Images/iStockphoto After the pace of insolvency filings fell during the pandemic, it is now back on… Continue reading Millennials driving an uptick in Ontario insolvency filings

Signs are mounting that households and businesses are struggling to manage the rising cost of debt

Bankruptcies, proposals to renegotiate loan terms expected to rise in first quarter Canadian business insolvency filings grew 37.2 per cent in 2022. Photo by Brent Lewin/Bloomberg files Signs are mounting that households and businesses are struggling to manage the rising cost of debt with bankruptcies and proposals to renegotiate terms of loans expected to rise,… Continue reading Signs are mounting that households and businesses are struggling to manage the rising cost of debt

Bankruptcies, proposals to renegotiate loan terms expected to rise in Q1

Bankruptcies, proposals to renegotiate loan terms expected to rise in first quarter Canadian business insolvency filings grew 37.2 per cent in 2022. Photo by Brent Lewin/Bloomberg files Signs are mounting that households and businesses are struggling to manage the rising cost of debt with bankruptcies and proposals to renegotiate terms of loans expected to rise,… Continue reading Bankruptcies, proposals to renegotiate loan terms expected to rise in Q1

New Flyer, the Canadian Tesla of public transit, looks to turn bus around

Bus manufacturing giant NFI is teetering on the brink of a financial disaster. Can it get the bus rolling again? Published Feb 09, 2023  •  Last updated 2 days ago  •  10 minute read 11 Comments Work in progress at the headquarters of public transit bus maker New Flyer in Manitoba. Photo by KEVIN KING/Winnipeg Sun/National… Continue reading New Flyer, the Canadian Tesla of public transit, looks to turn bus around

Bank of Canada considered holding interest rate steady in January, minutes reveal

Policy makers also concerned that hit to housing market could be larger than expected Author of the article: Bloomberg News Randy Thanthong-Knight and Erik Hertzberg Published Feb 08, 2023  •  Last updated 3 days ago  •  3 minute read Join the conversation Bank of Canada governor Tiff Macklem and four other policy makers debated holding rates… Continue reading Bank of Canada considered holding interest rate steady in January, minutes reveal