Alberta power going solar
The Alberta government is granting a 20-year contract to supply about half of its electric power needs to a partnership that plans to build three new solar power plants for more than $100 million. Environment and Parks Minister Shannon Phillips says the contract to supply about 55 per cent of the government’s annual power consumption […]
Canada’s main stock index reaches highest level since Oct. 5
Stock markets responded positively to optimism about possible U.S.-China trade deal Canada’s main stock index posted a triple-digit gain Friday after oil hit a three-month high to extend the market’s winning streak to six weeks. The S&P/TSX composite index closed up 142.26 points to 15,838.24, after hitting a peak during the day of 15,866.60. That’s the […]
Hard vs. Soft Credit Inquiries: What’s the Difference?
There’s a common misconception that any credit check lowers your credit score and hurts your ability to get approved for loans and new lines of credit, but this is only sometimes true. There are actually two different types of credit checks — hard and soft inquiries, and they depend on what the information is being […]
Quantifying Immigration’s Impact on Social Security
Few, if any, social programs pack a punch for the American public quite like Social Security. This is a program that provides a benefit check to nearly 63 million people each month, 7 out of 10 of whom are retired workers. Of these retirees, 62% lean on their monthly payout to account for at least […]
Are Target-Date Funds a Good Investment?
If you find retirement planning daunting, a target-date fund purports to offer relief. They’re designed to provide a “set it and forget it” investment solution for individuals with a long-term savings goal, like retirement. While target-date funds have certain benefits, their cookie-cutter approach also has its drawbacks. You may already have a target-date fund in […]
How to Make Your Retirement Savings Last Forever
With life expectancy and inflation rates rising, Americans are increasingly delaying retirement as they fear their nest egg running out. How should one combat this? Well, you could always plan for a shorter retirement, simply because it would be easier to manage costs over a shorter time frame. You could also take up a part-time […]