Retirement Made Easy Canada's Retirement Planning Blog
https://www.cicnews.com/2022/10/breaking-canada-to-allow-international-students-to-work-off-campus-over-20-hours-per-week-1031301.html Can anyone give some insight on the impact of this? There are around 600K international students in Canada. How will this affect wages? Part time job availability, business costs etc? How many of...
Rewards earn rate: 3 points per $1 on purchases in a foreign currency; 1.5 points per $1 on your everyday purchases Welcome offer: No annual fee for the first year Interest rates: purchases 19.50%,...
Bad news is good news for Canadian investors Possible central bank moves continued to dominate the investment news cycle this week. In the (weird) market universe investors created for themselves, bad economic news is...
Canada’s economy gained 21,000 jobs even as the labour force shrank by the same amount, Statistics Canada reported Friday. The jobless rate moved down two-tenths of a percentage point to 5.2 per cent, the...
As company after company has cancelled sponsorships with Hockey Canada over its mishandling of gang–rape allegations and millions in payouts to complainants with sexual misconduct claims, communications experts are not sure the organization can...
Credit fix: Simmons recommends getting a credit card with a low maximum balance of $500 or $1,000 and using it to automate payment of a cell phone bill or Netflix subscription. 4. You’ve made...
Most RRSP and RRIF account holders appoint their spouse as their beneficiary. If an RRSP or RRIF is left to a spouse on death, the account transfers to the surviving spouse on a tax-deferred...
As the title said I’m wondering how many people will continue to use credit cards as a main method of payment even with the fee of up to 2.4%. Personally I will be going...
With record-high inflation, Canadian shoppers are well aware that the cost of just about everything is going up. But they can soon expect to see a new demand for their dollars when they shop,...
6. Pay less tax Slash your taxes by making sure you use TFSAs and RRSPs properly. Hint: Generally speaking, if you make less than $50,000 annually, TFSAs work best. If you make more than...