Money News

Money News – November 2021

Personal Finance in the News – November 2021: Welcome to Money News – November 2021! This month we look at rising inflation, its impact on taxes, and further extensions to Canada’s Covid benefits. Read and Watch: Inflation continues to run hot in the US and Canada, where the rates of inflation have hit 6.2% and 4.7% respectively. This is the…

Continue Reading

Money News

Money News – October 2021

Personal Finance in the News – October 2021: Welcome to Money News – October 2021, and Happy Halloween! This month we look at the end of the Canada Recovery Benefit, the state of Canada’s housing market, and shifting mortgage market dynamics. This update also covers North America’s ongoing labour shortage, and if it pays to be in a relationship. Read…

Continue Reading

Money News

Money News – January 2021

Personal Finance in the News – January 2021: Welcome to Money News – January 2021! I have four noteworthy news topics for you this month. Read: For those of you interested in stocks, this month has been bonkers, with the market ripping higher. Most noteworthily, an online community of individual investors (often called retail investors) has taken aim at institutional…

Continue Reading

Money News

Money News – December 2020

Personal Finance in the News – December 2020: Welcome to Money News – December 2020! I have four noteworthy topics for you this month. Read: The era of low interest rates and high real estate prices continues. This month, HSBC offered a mortgage rate below 1%. This is a first in Canada, and a record low. Though rates could still…

Continue Reading

Money News

Money News – November 2020

Personal Finance in the News – November 2020: Welcome to Money News – November 2020! I have five noteworthy topics for you this month. Read & Watch: Not all is doom and gloom out there in this Coronavirus pandemic. Canadians are sitting on a record $90 billion in cash according to this BNN-Bloomberg article. The Household Savings Rate has also…

Continue Reading

Money News

Money News – October 2020

Personal Finance in the News – October 2020: Read: The Bank of Canada has ended a pandemic program that helped real estate prices surge. This largely unknown but wide-reaching policy saw the Bank of Canada buy nearly $10 billions in mortgage bonds. This artificially lowered borrowing costs and helped send home prices through the roof. What happens now is anyone’s…

Continue Reading