Last year I spoke with representatives from the insurance industry to learn about how life insurance works from a client’s point of view. There seems to be 2 difference kinds of insurance plans: term, and permanent. Term life insurance will insure someone for a specified length of time like 5, 10, or 20 years. A premium is paid… Read More »
An online study by Ipsos Reid for Sun Life Financial interviewed 1,239 Canadians last month about their financial situation this year. The survey found that overall 57% of Canadians felt they were not any better off than they were a year ago. A disproportionate amount of women and those aged 55 and older (61%) felt this way. Only… Read More »
StatsCan says 18.7% of Canada’s assets were controlled by foreign enterprises in 2011. Not surprisingly about half of these entities are based in the US 🙂 The UK and Dutch-controlled enterprises held the second and third highest spots respectively. No other country had more than 5% of foreign-controlled assets. The shares of foreign-controlled assets and revenues declined from 2010, while the… Read More »
In 2003 oil was $30/barrel but today in 2013, it’s about $95/barrel. There are many factors that determine the price of oil like inflation, supply bottle necks, conflicts in the middle east, global economic growth, etc. Some people complain about the high price of oil today because it has tripled over the last decade. I guess it all… Read More »
Some say Canadians are being charged too much for our cell phone plans 😯 I used to think the same 5 years ago, when Bell, Telus, and Rogers were the only options for most people. But not anymore 😉 Because today there are so many less expensive alternatives out there to choose from. To compare, let’s look at… Read More »
The US government is partially shut down. About 800,000 U.S. government workers have been off the job for almost a week now because Congress failed to pass a key funding bill. This has happened 17 times in the past before, the last time was in 1995 when the government shutdown lasted for 3 weeks. 800K is less than… Read More »