Articles

Your house could be worth 30 per cent less than you think. That was Canada’s central bank warning. Stephen Poloz, the Governor of the Bank of Canada, released the latest research in early December warning Canadians that their homes are overvalued by 10 to 30 per cent. We have had similar warnings before from the … Bank of Canada warns your house may be overvalued

The rise and fall of the human race is an alarm given by the world’s most famous physicist. The same warnings can also be tied to our ability to earn an income. Stephen Hawking said in an interview with the British Broadcasting Corporation “I think the development of artificial intelligence could spell the end of … Advances in technology are a threat to earning an income

Our changing attitudes towards personal debt are potentially more financially destructive than the debt itself. New research could mean Canadians are more destined to fail financially. Manulife released information last week that should be a cause for concern. People who owe money often do not think they are in debt. If the brain does not … Study shows Canadians are living with debt denial

The number one fear for those who are retired or planning for retirement is running out of money. Will there be enough funds to support your desired lifestyle? As with the desire for stability with investment returns, individuals also want a stable cash flow to last during their retirement lifetime. Determining how much we can … Running out of money is the biggest fear of retirement

Personal finances are the greatest cause of stress to Canadians. This information was released last week by the Financial Planning Standards Council in conjunction with the sixth annual Financial Planning Week. Affecting 42 per cent of us, money is the largest single cause of stress. Work- related matters were the second largest stressor at 23 … Financial Stress is keeping Canadians awake at night

It is unethical for financial sales representatives to mislead clients with the irrelevant past performance returns on mutual funds. Last week the Supreme Court of Canada made a landmark decision against the unethical manipulation of information. This is still unethical but now it is also illegal. Here is one example of how a salesperson may … Landmark decision against misleading manipulation of information