Transat adding hotel arm
Rising fuel costs and fluctuating exchange rates buffeted Transat A.T.’s profit margins last quarter, prompting a 54 per cent plunge in adjusted operating income to $35.9 million. Chief executive Jean-Marc Eustache said on a conference call with investors Thursday that earnings were “not as satisfying” as in the fourth quarter last year, “reflecting the price […]
TO, Van most ‘vulnerable’
Canadians living in two of the country’s largest cities may find themselves more “vulnerable” to interest rate increases as personal debt levels in Toronto and Vancouver continue to hit record-levels, warns a report by Canada Mortgage Housing Corp. The housing agency says the debt-to-income (DTI) ratio for those living in Vancouver climbed to 242 per […]
These Are Americans’ Top 3 Homebuying Regrets
Homeownership is a goal many folks strive for, and while it can be a smart financial decision, a large number of buyers inevitably wind up making some mistakes along the way. This especially holds true when you’re buying your first home and are fairly new to the process. Here are Americans’ top three regrets in […]
5 Ideas for Setting Clear and Effective Personal Finance Habits in 2019
IT’S NEARING THE END OF the year, and for many of Americans, that means it’s time to start putting together New Year’s resolutions. As many of us know from experience, resolutions often don’t last, and the reason for that is that resolutions are often just poorly stated goals. A 2007 study from Dominican University of […]
The Critical Move 24% of Americans Plan to Make in 2019
The start of a new year is a good time to buckle down and pledge to be more fiscally responsible during the months that follow. And thankfully, 24% of Americans have plans to make one key move that could save them from financial ruin down the line: build an emergency fund. That resolution, in fact, […]
3 Smart Reasons to Take Social Security at Full Retirement Age
If there was ever any question about the value of Social Security income to seniors, a recent analysis from the Center on Budget and Policy Priorities (CBPP) hits home on the program’s importance. The CBPP found that the elderly poverty rate would be more than four times higher than it is now without the guaranteed […]