The story of the Canadian dollar
Over the years, the Canadian dollar has seen some considerable ebbs and flows. In 1864, the greenback traded at $2.78, an all-time low for the US currency. In 2002, by contrast, the "Loonie" traded as low as 62 cents.
What's recently happened to the Canada dollar is a once-in-a-decade event. Much of the impact of foreign investments has been muted to the extraordinary increases in the Canadian...It's your home, stop raiding the piggy bank
Most Canadians dream of owning their homes free and clear someday, which will become part of their retirement nest egg. Yet, for many, this dream gets farther and farther from reality as they break into their home equity piggy banks.
A recent trend we are seeing is that many homeowners, who have excellent credit, are starting to take equity out of their homes over the last few years via cash-...
Long term insurance: preserve your assets
You have spent your life working to acquire the better things in life such as:
a home
a prosperous retirement
an estate to pass to your heirs
But have you planned for the possibility of needing long-term care? Thanks to our healthier lifestyles and medical innovations, we can look forward to enjoying longer lives. Today, most Canadians can expect to celebrate their 80th and maybe even th...
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