The average kid’s allowance rose faster than American workers’ salaries in 2018
Your child may be expecting a raise soon. Children between the ages of 4 and 14 years old got an average of $471 a year or $9.06 per week in allowance in 2018, up 3.7% on the year before, according to a sampling of more than 30,000 kids by chore-tracking app RoosterMoney. (That’s higher than roughly […]
3 Things About Taxes Americans Are Getting Wrong
Though many of us aren’t tax-focused this early on in the year, it never hurts to get educated about all things filing-related. Unfortunately, a large number of Americans are failing in that regard, or so found a recent GOBankingRates survey. Here are three specific tax facts filers need to wise up on. 1. The standard deduction […]
TransCanada changes name
TransCanada Corp. is changing its name to TC Energy. The pipeline and utilities company says the change better reflects the scope of its operations across North America. TransCanada chief executive Russ Girling says TC Energy “clearly articulates” the company’s business which includes pipelines, power generation and energy storage operations in Canada, the United States and […]
Rethink child care policy
Prime Minister Justin Trudeau’s efforts to run a feminist government should take an extra step to create a universal daycare system, and prevent the funding from being lost in electoral politics, says a leading expert. The federal treasury is set to spend $7.5 billion over a decade to help fund child-care spaces across the country. […]
Sluggish internet slows growth, frustrates businesses in small-town Alberta
Few communities outside Edmonton and Calgary meet target internet speeds set by the CRTC To run her small-town business, animal trainer Colleen McCarvill needs a reliable internet connection. But for two-and-a-half weeks, starting just before Christmas, she had no wireless connectivity on her acreage outside Onoway, Alta. It taxed her patience, and cost her money. […]
Hike, cut or stand pat? Bank of Canada decides on interest rates today
No rate increase expected, but decision will offer glimpse of bank’s thinking The Bank of Canada isn’t expected to change its benchmark interest rate when it reveals its latest decision Wednesday, but that doesn’t mean the bank’s policy-makers think nothing has changed in the country’s economy. The bank’s rate, known as the target for the […]