Tax Breaks
From GFB: Tax Specialist, John Waters says Canadians are not taking advantage of tax breaks and don't consider tax implications when they invest… read more The post Tax Breaks appeared first on Zoomer...
View ArticleMOST CANADIANS DON’T BUY TRAVEL INSURANCE
Zoomers love to travel. But a new survey suggests only 50 percent of Canadians know they are mainly responsible for any medical costs when outside the country. A BMO insurance survey also found some...
View ArticleBMO CUTS RATE – SAYS FLAHERTY’S OBJECTIVES WILL BE MET
As the Bank of Canada and the federal finance minister raise continued concerns about high debt levels, analysts say interest rates in Canada are going nowhere -except perhaps down. Bank of Montreal...
View ArticleCANADIANS NOT SAVING ENOUGH FOR EMERGENCIES
A new report says a majority of Canadians feel ready to deal with a financial emergency, but in reality, only half have what financial experts say is the minimum recommended amount set aside....
View ArticleMORTGAGE RATE CHANGE GOOD FOR EMPTY NESTERS – MAYBE
The verdict is out on whether this news will make your empty nest more attractive to potential buyers. One expert says the Royal Bank’s decision to slightly decrease its fixed mortgage rates may lead...
View ArticleSOME OF CANADA’S BIG BANKS DOWNGRADED
Barclays has downgraded the stocks of four of Canada’s banks. The British multinational bank says there’s some concern about economic growth in this country, so, downgraded to “underwight” from “equal...
View ArticleREPORT: ZOOMERS WILLING TO POSTPONE RETIREMENT TO HELP THEIR CHILDREN
Half of Canadian Zoomer parents say they’d put off retirement because of concerns about the financial future of their children. According to a new report from BMO Wealth Management, parents with...
View ArticleB-M-O CUTS OVER 1800 JOBS
Just hours after announcing it had earned $973-million dollars in three months – the Bank of Montreal is slashing 18-hundred and 46 jobs. The bank says it is cutting its workforce because consumers are...
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