The Liberals have announced their new budget, including a $6-billion contingency fund that’s drawing criticism from economists and some Conservatives. Why has such a large fund been set aside – and what will it be used for? Read on for Sean’s breakdown.
New consumer-friendly changes were announced today for the Credit Card Code of Conduct, focusing on reduced fees and greater transparency. How will consumers benefit? Read on for the full story.
In a leaked confidential letter, Finance Minister Joe Oliver has indicated TFSA doubling is likely. Here’s what consumers should know.
Jim Flaherty has announced there will be a balanced federal budget by 2015 and a hefty surplus to boot – but are too many public services and jobs being sacrificed through balancing spending cuts?
Canada Budget 2013 brings a new focus to creating skilled employment and stimulating the economy. Let’s take a look at how Finance Minister Jim Flaherty plans to spend tax dollars over the next year.
Finance Minister Jim Flaherty announced this morning new mortgage rules for Canadians. The maximum amortization period for government backed mortgages has decreased from 30 to 25 years. And the amount that Canadians can borrow against their home equity has been reduced from 85 per cent to 80 per cent.
It’s been called a growing mob, a bunch of troublemakers and a collection of unemployed lazy people with nothing to do. But one thing the Occupy Wall Street Movement can’t be called — is unpopular. In fact it’s gained so much notoriety, that the movement to protest corruption in banks is coming to Canada. The group says they represent the bottom 99% of America. They claim to be the ones most affected in the recent economic downturn by no fault of their own. They lay the blame squarely at the bankers and financial institutions of the world for driving a deep divide between America’s rich and poor. But is that the case in Canada?
If you’ve just returned from holiday in the Caymans, and didn’t have your BlackBerry with you on the beach, you may not have yet heard that Finance Minister Jim Flaherty announced 3 main mortgage rule changes that will go into effect on April 19, 2010. If you were here, then you know this has been …
The mortgage market is changing. After much talk since mid-December about possible mortgage rule changes, the Finance Minister finally announced the changes at a press conference. He re-iterated that the housing market is healthy and stable with 2/3 of Canadians owning their own home. The housing market has been performing very well providing Canada with …