Should our Financial Infrastructure be Changed?
A recent study done by C.D. Howe Institute was released yesterday and it holds some pretty interesting ideas on how our financial and political infrastructure should look, and what’s wrong with the way it looks now. Before we delve deeper into the changes the report claims are necessary for Canada’s infrastructures, let’s review what those…
Read moreING will Only Offer Collateral Mortgages; what are they?
“Following a move that TD Canada Trust made this past October, ING, the bank known for helping you “save your money” will now also only be offering collateral mortgages to their customers. The move has many consumers outraged, while it has others asking, “Just what is a collateral mortgage?” A collateral mortgage is one that…
Read moreToo Much Debt? We’re Listening!
A study conducted by CIBC last month showed that Canadians are drowing in debt – and that we’re somewhat delusional about when we’re going to pay it off. But, even though we might have higher aspirations for our future debt than what’s realistic, there’s now a new report to show that we understand the debt that we have now; and more importantly, that we’re willing to do something about it.
Read moreThe Power of Home Equity
In today’s financial climate it is becoming more and more important to expand and diversify financially. Many people have left the “security” of their full time, salaried jobs for the uncertainty of self employment. The reason being that there is no security in today’s corporate atmosphere. Restructuring and cut backs have been the norm for the…
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