On June 29, 2009, Bernard Lawrence ‘Bernie’ Madoff was sentenced to 150 years in prison for perpetrating what has been called ‘the largest investment fraud in Wall Street history.’ Actual losses have been …
On May 25, 2009 Finance Canada announced some proposed changes to how Canada Pension Plan will work. If approved, the changes will take effect over a period of time from 2011 to …
Ralph and Louise have seen the TV commercials featuring Gordon Pape, the financial author, as the spokesman for Canadian Home Income Plan Corp. (CHIP) reverse mortgages. They were wondering if it would be …
The newspaper headlines read: ‘Roller coaster stock markets have investors feeling queasy’ (The Globe and Mail; ‘The stock market crash: History repeating itself?’ (The Calgary Herald); ‘Uncertainty continues to pummel stock markets’ (Sudbury …
It’s been a long and volatile quarter in the financial world. Markets are taking most investors on a wild and sometimes frightening ride, the news about corporate failures and bailouts is confusing and …
The Tax-Free Savings Account (TFSA) was introduced in the February 2008 Federal Budget and will be available January 1, 2009. It is touted by the Government of Canada as ‘the single most important …
