One of the great advantages of living in Canada is the generous government benefits system. Had a baby? Take some tax-free child benefits. Lost your job? Apply for employment insurance benefits (EI.) Making low income? There are multiple assistance program for you. 🙂 But one dilemma facing the financial independence/early retire community is whether or not we should… Read More »
What a Liberal Government Means for Canadian Investors ? Last week the charismatic Justin Trudeau lead the Liberals to win the 2015 federal election. I’m sure his good looks has nothing to do his popularity and success. 😛 Justin pledged to make meaningful policy changes to the country that could benefit millions. But will his commitments help you? The… Read More »
Earlier this year a Vancouver house with a $5 million assessed value was put on the market for $6 million. Guess how much it ended up selling for? Hint, it’s in the upscale Shaughnessy neighbourhood. 🙂 After 12 days and multiple bids from 10 prospective buyers the 78 year old home was sold for $8 million, lol. Welcome to Vancouver.… Read More »
The government of B.C. just tabled another balanced budget. Finance Minister Mike de Jong’s latest budget projects a surplus of $284 million for 2015-2016. 🙂 This means B.C.’s $63 billion public debt is slowly being paid down. B.C. may be the only province in Canada to avoid falling into deficit amid plunging oil prices. But there’s something else that the… 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 »