Articles

Many Canadians are concerned about their finances. This applies to people of all ages. A survey titled The Financial Comfort Zone Study was conducted by Credo Consulting Inc. It appears 6,000 Canadians have been surveyed already and that number will double during the next six months. The biggest worry Canadians have about their future is … Survey shows more younger Canadians worry about money

Warren Buffett provided some words of wisdom in his recently released annual letters to the shareholders of Berkshire Hathaway. Buffett’s comments touched on the four disciplines leading to success in the insurance business and could be applied equally as well to investments. Our observation is with most endeavors there is a formula for success. Certain … Buffett’s words of wisdom

Money can bring out the worst in people. This shouldn’t be a surprise because it has been happening for centuries. The most recent example is the Catholic Church’s allegedly reneging on an obligation to pay $25 million toward healing and reconciliation programs for the survivors of Indian residential schools. Apparently, a federal lawyer in the … Obligation to Native residential schools should be honoured

Good news is coming… we hope. Beneficial changes could be introduced that will provide a much fairer environment for individual investors. Nothing has happened yet however the winds of change are blowing in the right direction. Ontario took one small step forward in the slow journey to increase investor protection. The idea is to implement … The rights of investors should be improved

New evidence of tax evasion is exposing the rich and famous from Canada and around the world. The Panama Papers scandal has more intrigue than a Grisham novel. A computer hacker downloaded 11.5 million confidential files from a Panama law firm that specializes in setting up tax havens for wealthy global clients. Among those named … The Panama Papers scandal more intriguing than a Grisham novel

Alleged bad advice from a financial planner at a Canadian bank may have cost a retired couple almost $50,000. The alleged facts were recently reported in the national news and the story offers two lessons. One for the bank and one for the investor. A couple reportedly wanted to move approximately $200,000 from an American … Alleged bad advice costs couple close to $50K