Monthly Archives: July 2013

Ballin Boomers

Canadians have been told by pension experts that we are not saving enough for our retirement. Since we’re all living longer, we’ll also need more money than our parents did by the time we’re ready to quit our jobs. But one silver lining that people often overlook is that we’ll also be getting more inheritance than in any previous… Read More »

We’re Becoming Wealthier

Recently read in the news that the average Canadian household now has a net worth of $400,151 CAD, a record high. Yay, time to partay\(~o~)/ This is great news because more money translates into better purchasing power so buying goods and services become more affordable, relatively speaking. I didn’t know exactly why my net worth has been going up… Read More »

Loblaw and Shoppers: Retail Giants

Earlier today Loblaw Co., Canada’s largest grocery chain announced they will buy Shoppers Drug Mart, Canada’s largest pharmacy chain. The executive chairman of Loblaw (L:TSE,) Galen Weston, said this would create opportunities for brands from the two chains to appear in each other’s stores, and that the merger would give Loblaw greater buying power for health and wellness products.… Read More »

$3000 for Rent

New York City is known for its expensive housing. There is even a political party called the “Rent is Too Damn High Party,” which received tens of thousands of votes in the 2010 election. Well the average monthly apartment rent in NYC has finally broken $3000 for the first time. Some neighborhoods, especially in the Manhattan area, homes… Read More »