It turns out job losses in the United States were far worse than initially reported by the Bureau of Labor Statistics (BLS). On Friday, the government agency disclosed that its count of job losses from April, 2008 through to December, 2009 was being revised upward by 38%, from 6.0 million to ...

True or false: when you contribute to an RRSP, you have to claim the tax deduction for the same year. Answer: False. You can make a contribution in one year and claim the tax deduction in another.

To follow up on my previous post, another reason for accumulating retirement savings outside of a business is to help protect owners and their dependents from business creditors. For this purpose, an individual pension plan (IPP) may be a better option than a registered retirement savings plan (RRSP), says tax ...

Many business owners think they can sell their business and live off the proceeds during their retirement years. However, this is a risky strategy because they have all their eggs in one basket. What if they cannot sell at the expected price or need to exit the business prematurely?

I’ve been reading Professor Moshe Milevsky’s work lately and was pleasantly surprised to discover this morning that he is writing a monthly column for Researchmag.ca, called Annuity Analytics. I’ll be adding it to my reading list.

In this post, I review the new book The Mindful Investor: How a Calm Mind Can Bring You Inner Peace and Financial Security (December 2009).

The dividend approach to investing has its appeal. But a well-researched critique at the Independent Investor website challenges that view.

Yesterday, Corporate Knights announced its sixth annual Global 100 list of the most sustainable large corporations. The list was culled from 3,000 listed companies around the world, which were ranked by 10 criteria including environmental indicators such as progress toward sustainable use of energy and social indicators such as diversity of ...

In 1998, I put $2,500 into a segregated fund. I did it mostly as a favour to a relative who was working as a financial planner. 

It’s time to start raising interest rates, writes breakingviews.com columnist Edward Hadas this week. The signs of financial excess are already evident in escalating prices for Chinese real estate and commodities. These nascent bubbles should be nipped in the bud before they burst and trigger another bout of financial and ...