Workers can save more in retirement accounts next year
You’ll be able to contribute slightly more to your retirement savings in 2019. The contribution limit for a 401(k), 403(b), 457 plan or the federal government’s Thrift Savings Plan rises from $18,500 to $19,000 in 2019. You can continue to contribute an extra $6,000 if you’re 50 or older. IRA contribution limits (whether for traditional […]
Traveling a Lot in Retirement? Plan for This Extra Expense
Many seniors travel extensively once they retire. And it makes sense — when you’re working and only have a limited amount of vacation time, trotting across the globe is easier said than done. But when you don’t have a job to report to, you’re free to jet off for weeks or even months at a […]
Oilpatch stays home from B.C. conference after Whistler mayor calls for climate-change compensation
CIBC tells clients it is considering the location of its conference held annually in Whistler Oilpatch pushback to a letter written by the mayor of Whistler, B.C., has led to the cancellation of the energy-related portion of a high-profile investment conference held in the mountain community. In a recent letter, Whistler Mayor Jack Crompton asked […]
Blaming the media
Seven years after it was created, Quebec’s anti-corruption unit is having difficulty recruiting members and filling a number of positions. Frederick Gaudreau, the interim head of the agency known by its French acronym, UPAC, admits unflattering coverage in the media hasn’t helped. “Yes, it’s a reason, I don’t want to deny it,” Gaudreau said at […]
Largest diamond ever
A Canadian mining firm says it has unearthed the largest diamond ever found in North America. Dominion Diamond Mines says the 552-carat yellow diamond was found at its Diavik mine in the Northwest Territories in October. It says the stone “far surpasses” the previous record-holder, known as the Diavik Foxfire, which was found at the […]
The unintended consequences of Alberta’s mandatory oil production cut
Suncor pushes back against the government’s decision to restrict oil output One of Canada’s largest oil companies is listing a series of potential pitfalls from the Alberta government’s decision to impose a mandatory cut to oil production in the province. On Friday, as part of its announcement to investors of 2019 capital spending, Suncor outlined […]