When Lunchtime Comes, do you Buy or Bag?
Take a walk on any downtown Toronto street at just after noon on any given weekday and you’re likely to see one thing: the lunch crowd. People rushing to get to the nearest restaurant or cafe, businessmen and women scuttling by with their coffee cups tightly gripped (and maybe even a sandwich stuffed in between…
Read moreWill Canadians Feel Pinch of Rising Food Costs
The past month of July was one of the hottest on record (since 1999) in Ottawa, and it broke the record for also being the driest month on record – ever. Ottawa saw just over half an inch of rain in a total of 31 days. That little rain that did come was dispersed over…
Read moreWill New Products Save RIM?
Being a global company who’s name is recognized just about anywhere in the world, and with headquarters right here in Ontario, Canadians are always very interested to know what RIM (Research in Motion) is doing. Especially ever since they’ve run into trouble competing with the big U.S. counterparts, namely Apple, in the world of smartphones….
Read moreGoing Grocery Shopping? Don’t Forget to Look for Local!
Buying local has become a slogan of choice for many consumers today. But when it comes to the food you consume, it becomes an even bigger matter. Buying local meat, produce, and vegetables isn’t just about supporting farmers (although that’s a nice derived benefit,) and it’s certainly not about convenience (American apples are right beside…
Read moreKeep Counting Pennies until 2013!
When the federal government announced that it cost more to make a penny than to keep a penny, they said that the penny would no longer be in circulation come this fall. But now after an outcry from retailers, that date has been pushed back to February 4, 2013. When Finance Minister Jim Flaherty took…
Read moreAre Canadians Prepared for Higher Interest Rates?
Just like the question we answered earlier this morning, here’s another that has been asked for years: are Canadians prepared for higher interest rates? According to the federal government, no we’re not. And while that might be true, it might not have as much to do with the home equity loans and HELOCs they’ve been…
Read moreRate of Debt Growth is Slowing
The newest stats that are coming out concerning the amount of debt Canadians carrying are somewhat confusing, but they do all point to good news in the end. During the first quarter of this year we managed to hit a new record high for the amount of debt we have, with a debt-to-income ratio of…
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