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Financial Post - Money
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Last feed update: Wednesday June 19th, 2013 06:29:26 PM
What the new IRS rules mean for U.S. citizens living in Canada
Friday June 29th, 2012 07:34:00 PM
U.S. citizens living in Canada now have an extra reason to celebrate this Canada Day, following the IRS announcement that it will offer tax reprieve to help Americans living abroad
Half of Canadians expect to be debt-free by 2017
Wednesday June 6th, 2012 12:22:17 PM
Is it a dream or reality? Half of Canadians now in hock expect to be debt-free by 2017 and that includes their mortgage, a new Bank of Montreal study says
Canada pension plans pummeled in May
Tuesday June 5th, 2012 06:42:21 PM
Human resources consultant Mercer says the solvency ratio of a typical Canadian pension plan fell by 7% last month
Quit saving and start spending
Friday June 1st, 2012 07:01:26 PM
Some savers need to lighten up and let a few dollars escape their wallet. Here's how to do it
It pays to be a little paranoid with your retirement plan
Monday June 4th, 2012 03:55:52 PM
Goof proof your retirement, as your future plan is only as good as the assumptions you make
Early retirement could mean decades of boredom
Friday June 1st, 2012 07:29:14 PM
Family Finance: Robert and Greta will be beneficiaries of a hefty government pension, but also potential victims of it if they quit work permanently when Robert is just 54
Do you have debt phobia?
Friday June 1st, 2012 03:19:43 PM
A poll commissioned for the Financial Post found that 55% of Canadians do not believe personal debt can be used to build wealth — are they wrong?
Manulife's critical illness insurance rates to rise up to 30%
Thursday May 31st, 2012 04:28:32 PM
Insurance broker Mark Halpern, who runs illnessprotection.com, says you have until June 15 to get your application in and your rates will be grandfathered
Why do we even want to retire?
Wednesday May 30th, 2012 03:14:27 PM
Woody Allen is still going strong at 76. If we could gain some control over our working lives, would we WANT to work longer? asks Fred Vettese
Comment: Seniors should stay longer in the workforce
Tuesday May 29th, 2012 06:07:25 PM
Seniors working longer is a win-win situation for Canadians, says actuary Fred Vettese. They will need the money and Canada will need the workers
Got a penny? Buy a timeshare
Monday May 28th, 2012 06:25:35 PM
Some U.S. timeshare owners selling their well-loved vacation spots for $1. That is, of course, if you will pick up the annual maintenance fees
This nest is feathered with cash
Sunday May 27th, 2012 08:29:18 PM
Family dynamics, coupled with a tough economy means more modern twenty-somethings are flying back to the financal security of mom and dad
Personal Finance this weekend
Friday May 25th, 2012 09:32:51 PM
Did you miss anything in this weekend’s Personal Finance section of the Financial Post? Here’s a round-up of our coverage, just in case
So much 'money down the drain'
Friday May 25th, 2012 03:29:51 PM
Devastated by bad investments, an Ontario couple struggles to make ends meet on $10,000 a month
Why you should study personal finance, not Shakespeare
Friday May 25th, 2012 05:49:00 PM
Can you name 3 of Shakespeare’s plays? What if you were asked how your mortgage payments would change with a 1.5% increase in interest rates?
Free rent if you live here
Thursday May 24th, 2012 03:52:04 PM
As more historic U.S. buildings fall into disrepair, locales are considering curatorship programs where residents get to live for little or nothing in turn for renovations
Are employee benefits the next thing to go?
Thursday May 24th, 2012 02:06:43 PM
Your umbrella of benefits may be a thing of the past as employers turn instead to a defined contribution plan where we choose from a menu of options -- and pay accordingly
13% of Canadian youth unemployed: StatsCan
Thursday May 24th, 2012 04:33:28 PM
Canada’s youth are more likely to be working or seeking an education than many of their counterparts in other G7 nations, the country’s leading statistical agency suggests
Is there ever a bad time to invest in a rental property?
Tuesday May 22nd, 2012 02:51:26 PM
Fabio Campanella: Direct investment in real estate requires a time commitment, experience, and patience but the long-term results can be superb when done properly
Senators have status update for Saverin: Pay your taxes
Tuesday May 22nd, 2012 02:32:47 PM
Two U.S. senators, angered by what they said was Facebook co-founder Eduardo Saverin’s deliberate tax avoidance, want legislation to stop him and other exiles from re-entering the country
Couples who bank together stay together
Thursday May 17th, 2012 09:27:49 PM
The least romantic topic on any couple's list is the one that should be at the very top of it: Money
Personal Finance this weekend
Friday May 18th, 2012 06:30:57 PM
Did you miss anything in this weekend’s Personal Finance section of the Financial Post? Here’s a round-up of our coverage, just in case
Retirement abroad has its costs
Friday May 18th, 2012 04:26:48 PM
Family Finance: Moving back to Toronto from Guatemala for retirement might mean a reduced standard of living, but then again, they might just live longer
Half of Canadians plan to retire with mortgage: survey
Wednesday May 16th, 2012 11:10:21 PM
The one thing Canadians won’t be retiring anytime soon is their mortgage debt, according to a new BMO survey, which shows 51% of Canadian homeowners plan to carry their mortgage into their retirement years
Beware of debt settlement scams
Tuesday May 15th, 2012 10:12:28 PM
In debt-settlement programs, the client is often left holding the bag for a debt far greater than the original amount, and out of pocket thousands of dollars in fees, writes Brenda Shanahan
Scrooge’s slant on smartphone payments
Tuesday May 15th, 2012 02:35:44 PM
Jason Heath: 'It might just be that online banking, automatic debits and mobile payments have detached us from our money and turned us into zombies who give it away too easily'
The psychology of debt
Friday May 11th, 2012 09:20:55 PM
The decision to spend or save, splurge or hoard money really comes down to a consumer's confidence about the future or their fear of it
Gifts from mom and dad help this couple stay afloat
Friday May 11th, 2012 06:05:04 PM
Family Finance: A new car and thousands of dollars a year from their parents help this family afford to keep mom at home with the kids
Not all dividends are taxed the same
Friday May 11th, 2012 07:53:06 PM
Dividends from non-Canadian companies are treated as foreign income and are taxed at full marginal rates
Student debt: U.S. students finding leniency
Wednesday May 9th, 2012 08:27:10 PM
American educators and policymakers are looking for new solutions to a mountain of student debt that has reached the $1 trillion mark. Some are getting payment holidays, others have their debt forgiven
Got a house? You need a will
Tuesday May 8th, 2012 10:09:39 PM
Garry Marr: While a new survey suggests 58% of Canadians don't have a signed will, there are signs that the housing boom and the wealth it has generated has encouraged more people to put their plans in writing
Teachers' Pension Plan CEO offers ‘dose of reality’
Monday May 7th, 2012 08:49:12 PM
Comment: Ontario taxpayers received a painful dose of honesty from the Ontario Teachers’ Pension Plan President and CEO who admitted the funding formula is broken and that revolutionary changes are needed
New grads face high levels of debt, continue to rely on parents
Monday May 7th, 2012 01:27:28 PM
North American students graduating in 2012 face debt loads significantly higher than their parents did and are more likely than ever to rely on their parents’ financial support
Want to buy a cottage? Weigh the costs versus the rewards
Friday May 4th, 2012 03:47:23 PM
If you’re thinking about buying a cottage or U.S. recreational property, think through all the financial and lifestyle issues before taking the leap
Making your tax refund count
Friday May 4th, 2012 05:52:31 PM
It may seem like getting a tax refund is like winning a lottery but it really is just your own money that has been loaned to the government, writes Garry Marr
Financial mismatch could make for cushy retirement
Friday May 4th, 2012 03:40:04 PM
A couple due to be married soon are also preparing to retire. With her large income and his small one, doubts arise over their ability to maintain a high standard of living in retirement
Fee-based financial planning isn't for everyone
Thursday May 3rd, 2012 02:16:58 PM
Fabio Campanella: While I do believe the fee-based method can lead to a more objective relationship between the advisor and the client there are still several drawbacks to the fee-based approach
Don’t fall for these scams
Wednesday May 2nd, 2012 02:56:17 PM
Yes, you've heard it before but if a deal sounds too good to be true.... it probably is. Ted Rechtshaffen looks at some common shortcuts to losing your money
Should you pay off your mortgage before you retire?
Wednesday May 2nd, 2012 09:16:33 PM
Linda Stern: Pay off the house before you retire. That's the conventional wisdom. But is it right? Maybe not. It may even make more sense to keep that mortgage as long as you possibly can
Parents struggle with the 'money talk'
Tuesday May 1st, 2012 02:03:53 PM
Parents have just as tough a time talking money with their kids as they do teaching them about sex, to the point where they lie about or avoid money topics on a regular basis, a new study finds
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