Millions of Americans are just one paycheck away from ‘financial disaster’
Missing more than one paycheck is a one-way ticket to financial hardship for nearly half of the country’s workforce. A new study from NORC at the University of Chicago, an independent social research institution, found that 51% of working adults in the United States would need to access savings to cover necessities if they missed […]
6 pieces of common financial advice you shouldn’t follow
There is no shortage of personal finance advice. It seems like for every American living paycheck to paycheck, there is a blog post, book, video, or online course that purports to have the secret to freedom from financial worries. There are even whole movements dedicated to personal finance. (The FIRE movement, which stands for “financial independence, […]
Unions at odds on Phoenix
The federal team charged with finding a replacement for the government’s troubled Phoenix pay system will present the Liberals with options within weeks that are expected to include “multiple pilot projects,” government officials say. The plan could pit at least two of the three potential bidders on the projects against each other in a competition […]
Carbon tax desk-thumping
Alberta Premier Jason Kenney’s government heads to the legislature this week to make noise with an ambitious legislative agenda while trying to keep a hush on daily affairs. Kenney has promised what he calls a “spring of renewal” in the first sitting since his United Conservatives beat Rachel Notley’s NDP in the April 16 election. […]
Money laundering wake-up
The authors of a report that found $47 billion was laundered across Canada last year debated whether to include a graph that indicated Alberta, Ontario and the Prairies were hotspots for dirty money. Maureen Maloney said her expert panel used the best mathematical model available to reach the estimates, but it’s more reliable at a […]
Retaliatory tariffs lifted
Canada collected more than $1.27 billion from the retaliatory tariffs on U.S. products over the last year and all of it will go to the Canadian steel and aluminum industry even though the steel trade war with the United States is over. Canada and the United States reached an agreement Friday to see the U.S. […]