Your Money

Don’t Fear the Digital Future of the Mortgage Industry

There’s no denying the mortgage industry—like many others—is in the midst of a digital transformation. Depending on your perspective, that’s something that can either be feared, or embraced as a new opportunity. The fear, of course, is that as the industry moves towards greater automation of ...

The American Retirement Nightmare

Megan Leonhardt of CNBC reports that according to one economist, the system is ‘flawed’ when most Americans have little or no retirement savings:It’s no secret that Americans are falling short when it comes to saving enough for retirement. But as a new report shows, many are disastrously unpr ...

Cher Bill

The ink was barely dry on young Scheer’s take-this-job-&-shove-it letter when news on what the T2 Libs have in store for this confused and snowy land emerged. Finance guy Bill Morneau’s ‘mandate letter’ was released Friday – essentially the instructions given to the main economic ministe ...

US Open – Brexit is Coming, Trade Progress, Dollar tumbles, Oil rises, Gold’s resilience

Last night was a historic night for Boris Johnson as his Conservative Party delivered a crushing election victory over Labour.  Johnson’s party tore down the “Red Wall”, just like Viserion the Ice Dragon did at the end of season 7 in Game of Thrones.  A ton of uncertainty has been lifted f ...

Europe open – Boris, UK stocks, trade, gold, oil

Don Trumps His Pal, Boris It’s been quite a 24 hours for the leaders of the US and UK and investors are certainly getting excited about what’s to come next. Source – Thomson Reuters Eikon Boris Johnson’s knockout performance in the UK election on Thursday has paved the way for the UK to ...

Asia Midday Update. A Crushing Win UK Conservatives

UK Election Labour’s Corbyn concedes, Liberal’s Swinson loses her seat, SNP massive gains North of the border. Tories on track for a crushing win in today’s election with 200 of 650 seats left to declare. GBP rallied two per cent overnight but is unchanged in Asia at 1.3470, next resistance ...

On AIMCo's Independence, OMERS' New CEO

Kevin Uebelein, the chief executive officer of the Alberta Investment Management Corporation (AIMCo), wrote an op-ed in the Edmonton Journal on why investment independence is essential to AIMCo's mandate:I feel that it is very important to personally address the questions and accusations that have ...

Copper’s seasonal rally underway

Copper has a tendency to make a major seasonal bottom in November/December and then a tendency to post major seasonal peaks in April or May. This pattern could be due to the buildup of inventories by miners and manufacturers as the construction season begins in late-winter to early-spring. Auto mak ...

“We had our kids late—will we ever be able to retire?”

Natasha Hall was 40 years old when she became a parent. The broadcaster and radio host, who had been in a long-term, committed relationship, figured it was now or never. “I always knew I wanted to be a mom but I couldn’t quite get my act together to settle down properly, and my guy was kind of ...

The hanger-on

First today a question from blog dog Bob. “My brother has a First World problem,” he says. Indeed he does. “During the nasty recession in 81 he left Canuckistan for a job in the USA.  He had a job with an engineering firm in Vancouver and when they downsized they sent him to their SanFran ...