Retirement

Trans-Canada Capital Ready For Take Off?

Sarah Rundell of top1000funds reports that Air Canada’s TCC prepares for take off:Air Canada, the pension fund for Canada’s flagship carrier, is preparing to manage external assets in a bid to let other pension funds and institutions tap into its top decile performance and 65-strong expert int ...

How to recover financially from divorce

Right off the top, it’s important to acknowledge that there are no secret strategies for magically avoiding the financial impact of divorce. Divorce is difficult. You may lose half of your assets—or more—during the process of equalization. You may have ongoing spousal support or child support ...

Ron Mock Reflects on OTPP's Success

Liam Kennedy of IPE reports that as he ends a six-year stint at the helm of Ontario Teachers’ and prepares for retirement, outgoing CEO Ron Mock reflects on the alignment of interests between the organization and its stakeholders:Lots of pension fund executives would like to be in the shoes of Ro ...

Top Funds' Activity in Q3 2019

Wayne Duggan of Benzinga reports on the Q3 13F roundup looking into how Buffett, Einhorn, Ackman and others adjusted their portfolios: The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have b ...

How to keep your holiday spending in check

According to Equifax Canada data, there was a 1.9% rise in total debt per consumer at the end of the second quarter in 2019. Unsurprisingly, a recent survey commissioned by Equifax also found that 55% of Canadians say they’ll be spending less on holiday gifts this year. Hmm, I wonder why tha ...

OPTrust Bolsters Senior Leadership Team

Earlier today, I spoke with Peter Lindley, President and CEO of OPTrust, and I discussed some restructuring taking place at the organization's leadership team: Audrey Forbes is promoted to Senior Vice President, Member Experience and will report to Peter, and will become a member of the executive ...

Maxed out your RRSP & TFSA? Here’s how to keep growing your money

So, you’ve maxed out your registered retirement savings plan (RRSP) and tax-free savings account (TFSA). Maybe you’re a diligent saver. Or you’ve just sold a home or a business. Maybe you’ve inherited wealth. Whatever the reason, you’ve got additional money to invest. How can you keep do ...

Saving vs. investing: which is right for me

When should you save, and when should you invest? The answer depends on what you have planned for the future—and what you want to do with your money.  First, let’s look at the most important differences between saving and investing. Then, we’ll help you figure out which is right for you. In ...

November 18, 2019

Here’s one reason preferreds have been doing so badly: The household savings rate – the percentage of disposable income left after spending – most recently clocked in at 1.7 per cent, near its lowest point in six decades, according to Statistics Canada. In dollar terms, the plunge is substant ...

10 things you can do to save money and eliminate debt

1. Set a goal If you’re serious about saving you need to set a goal so you know what you’re saving for. Whether it’s a trip to Japan you hope to take in a few months or saving for retirement, having a very specific goal will help you stay motivated and on track. 2. Track your dollars The bes ...