Kim Moody: Canada needs to take a hard look at lowering personal tax rates and ensure people keep at least half of all gains Published Oct 04, 2023 • 4 minute read Ontario, Quebec, British Columbia and the Maritime provinces have personal tax rates of more than 50 per cent. Photo by Getty Images/iStockphoto Before… Continue reading Canada’s top-end personal tax rates need to come down
Why defined-benefit pension plans may be about to make a comeback
Higher interest rates and a shift in power toward employees helping fuel a DB renaissance Published Oct 04, 2023 • Last updated 1 day ago • 5 minute read Unifor national president Lana Payne. Ford Motor recently Ford agreed to transfer some Unifor union members currently enrolled in the company’s defined-contribution pension plan to a defined-benefit… Continue reading Why defined-benefit pension plans may be about to make a comeback
Couple’s quickie ‘fraud’ divorce complicates attempt to split for real
Adam Black: Trying to circumvent the legal requirements for obtaining a divorce has lasting consequences Published Oct 04, 2023 • 4 minute read Couples who may attempt to circumvent the legal requirements for obtaining a divorce in Canada will face enduring consequences. Photo by Getty Images/iStockphoto In Canada, a divorce can be granted pursuant to… Continue reading Couple’s quickie ‘fraud’ divorce complicates attempt to split for real
Retirement doesn’t have to be an all-or-nothing proposition if you start planning earlier
People are increasingly taking a phased-in or gradual approach to retirement Published Oct 03, 2023 • Last updated 1 day ago • 5 minute read Your definition of retirement is only constrained by the picture you establish. Photo by Ryan Remiorz/THE CANADIAN PRESS files By Andrea Drolet My oldest son is now 14 and, shockingly, I… Continue reading Retirement doesn’t have to be an all-or-nothing proposition if you start planning earlier
Don’t Buy the Birkenstock IPO, Expert Urges
Birkenstock Holding is among the more recognizable initial public offerings (IPOs) of the fall, but retail investors who have long loved the company’s clunky sandals would do well to steer clear of buying its stock, skeptics say. Shares in the German premium footwear brand are expected to start trading October 11 on the New York… Continue reading Don’t Buy the Birkenstock IPO, Expert Urges
Stock Market Today: Nasdaq Soars as Bond Yields Retreat
Stocks opened higher Wednesday as bad-news-is-good-news jobs data lowered expectations for another rate hike at the next Fed meeting. Sentiment also got a lift as Treasury yields retreated, though one benchmark notably lagged behind its peers as oil prices plummeted. ADP this morning said that the U.S. added 89,000 private payrolls in September, the… Continue reading Stock Market Today: Nasdaq Soars as Bond Yields Retreat
Stock market ‘beatings shall continue’ before investors see relief on bond yields as the Fed won’t come to the rescue
Bond yields are unlikely to retreat until stocks drop further, Barclays said. The Fed won’t to help calm the bond market, and will instead stay on its tightening course. “The only way the Fed could help longer yields is by hiking so aggressively that markets are convinced a recession is imminent and rush to buy… Continue reading Stock market ‘beatings shall continue’ before investors see relief on bond yields as the Fed won’t come to the rescue
America’s biggest cities have 5.5 million empty homes
There are 5.5 million empty homes across the 50 biggest US metros, LendingTree reported. The study showed the US’s 50 largest metro areas have a vacancy rate of 7.22%. New Orleans had the highest vacancy rate at 13.88%, followed by Miami, and Tampa, Florida. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading America’s biggest cities have 5.5 million empty homes
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