CRA back online after ‘technical issues’ shut down website
As Canadians attempt to complete tax forms, online services crashed The Canada Revenue Agency (CRA) says its online systems have been restored after being down for most of the day. “The computer hardware issue has been fixed and our online services are up and running. Thanks for your patience,” the CRA said in a tweet […]
Lavalin backtracks on jobs
SNC-Lavalin Group Inc. is walking back a statement by its CEO, who said last week he never cited the protection of 9,000 Canadian jobs as a reason the construction giant should be granted a remediation agreement. Neil Bruce told The Canadian Press last Wednesday that if SNC-Lavalin is convicted of criminal charges and barred from […]
How One Couple Made the Switch to an Online Savings Account
If you’ve been considering making the jump to an online bank, here’s a reason to do it now: A recent Federal Reserve rate increase may prod banks to give their customers higher interest rates on their savings in 2019. Here, one man walks us through why he and his wife decided to take the plunge […]
How your company may be hurting your retirement savings
Auto-enrollment introduces millions of Americans to the concept of saving for retirement — but it’s not enough of a good thing. More companies are implementing automatic enrollment, in which new employees are signed up for a retirement plan, such as a 401(k) or 403(b), when they start their jobs. The money comes out of the […]
A long-term fund with $370 billion under management shares some investing ‘themes’
Canada’s national pension fund invests for the long-term, its CEO told CNBC on Sunday, and he named trends that are helping to guide its decision-making. “We’re trying to go deep on certain areas where we see long-term trends and try to identify the best parts of those themes to invest in, companies to invest in, […]
More older women are returning to work, rebuilding savings and a professional identity
Erica Hernandez was a stay-at-home mom through two recessions that depleted her family’s retirement savings, forcing them into a frugal lifestyle that left little money for frills like dining out. So in 2017, with her two children gearing up for college, she returned to the workforce after a 19-year hiatus — not as the public […]