Do You Look Like the Typical Bankrupt Canadian?
Of course no one can tell just by looking at you if you’re going to go bankrupt at some point in your life. But bankruptcy trustees Hoyes, Michalos & Associates just searched through hundreds of bankruptcy filings from 2011 and 2012 to try and determine what the typical bankrupt Canadian looks like, and what groups…
Read moreThe Cash Store Taken to Court by Ontario Government
It’s not the first time a provider of payday loans has been taken to court, and we have a feeling it won’t be the last. This time it’s The Cash Store that’s under fire, and the way they are distributing their payday loans. The application for legal action to begin was made on June 7…
Read moreNewfoundland and Labrador to Outperform other Provinces for Next 2 Years
Newfoundland and Labrador are the places to be right now, as they’re expected to lead in economic growth for 2013 and 2014! During our mini-series on provincial debt, we saw that Newfoundland and Labrador was in trouble. Seeing a huge decline in one of their main resources – fishing – in the early part of…
Read moreThe Hottest Canadian Condo Market for Investors
Yesterday we talked about how, despite the risky markets in Toronto and Vancouver, there are still some great markets around the country for the investor. Yesterday we looked at the condo market in Montreal, the second-hottest market overall. But where’s the absolute best place for investors to put their money right now? Those looking to…
Read moreThe Second-Hottest Canadian Condo Market
You can’t go anywhere these days without hearing of the overheated condo market in Toronto. And the numbers in the future forecast don’t look much better. So where’s the good news for investors? Are condos completely out now as an investment altogether? It’s important to remember that while areas like Toronto and Vancouver were once…
Read moreMoney Talks: Volume 29
Personal Finance This week Gail Vaz Oxlade wants to remind you about the saving marathon. Lots of families are a two-income household. But is that really better? Everyday Money takes a look. It’s Father’s Day this weekend! How much are you spending on dad, and how does it compare with RateSupermarket’s national average? Canadian Finance…
Read moreHow do IBM Layoffs Signal a Technology Boom in Ottawa?
More and more companies seem to be taking part in massive, across-the-board layoffs lately. We first saw it when RIM laid off thousands, and then when HP laid off tens of thousands of people from their company. Now there’s another company within the technology sector that’s also planning massive layoffs – IBM Corp., who are…
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