IMF urges governments to rein in spending or risk investors’ mistrust

Rise in global borrowing costs and high inflation trigger shift in fund’s earlier calls for expansionary fiscal policy Author of the article: Financial Times Chris Giles and Colby Smith in Washington The International Monetary Fund headquarters in Washington, DC. Photo by STEFANI REYNOLDS/AFP via Getty Images files Governments must place greater weight on keeping their… Continue reading IMF urges governments to rein in spending or risk investors’ mistrust

B.C. couple who used home as ATM in a cash crunch amid housing downturn

Rising interest rates have dealt them a double whammy as they try to sell their current home and buy a new one Publishing date: Oct 08, 2022  •  1 week ago  •  5 minute read  •  22 Comments Rising interest rates have driven down the price of this couple’s present home and raised the monthly mortgage… Continue reading B.C. couple who used home as ATM in a cash crunch amid housing downturn

FP Answers: What should I do with a $275,000 payout from my critical illness insurance policy?

Justine wonders whether she should add money to her TFSAs, RRSPs or RESPs, or is it best to pay down her mortgage? Justine may want to reassess her investment strategy at this time, planner says. Photo by Brent Lewin/Bloomberg By Julie Cazzin and Brenda Hiscock Advertisement 2 This advertisement has not loaded yet, but your… Continue reading FP Answers: What should I do with a $275,000 payout from my critical illness insurance policy?

TFSA rules land two more taxpayers in hot water with the CRA

Jamie Golombek: The cases involved an overcontribution and the constitutionality of the TFSA’s 100-per-cent advantage tax Publishing date: Oct 07, 2022  •  October 7, 2022  •  5 minute read  •  8 Comments If you accidentally overcontribute to your TFSA beyond your maximum, you can get hit with an overcontribution penalty tax. Photo by Getty Images/iStockphoto… Continue reading TFSA rules land two more taxpayers in hot water with the CRA

There’s only five paycheques to Christmas so start budgeting now

Just like Santa, it’s all about your list Shoppers hit the Eaton Centre in Toronto in the lead up to Christmas. To avoid shredding your budget during the holidays, start putting some money aside now so you don’t regret that seasonal generosity in January, recommends credit counsellor Sandra Fry. Photo by Jack Boland /Toronto Sun/Postmedia… Continue reading There’s only five paycheques to Christmas so start budgeting now

Splunk Stock’s a Buy, Says Analyst. Here’s Why.

Splunk (SPLK (opens in new tab), $68.01) recently got a Buy rating from CFRA Research analyst John Freeman, who initiated coverage of the large-cap enterprise software stock. “SPLK continues to hold strong, tough-to-replicate advantages in data processing and analysis of real-time streaming data, the volume and value of which will only continue to expand at… Continue reading Splunk Stock’s a Buy, Says Analyst. Here’s Why.