America’s retirement accounts are growing, but not fast enough
America’s retirement accounts are growing, but not fast enough. Vanguard has released its annual How America Saves 2019 report. It’s a snapshot of the state of retirement in America that focuses on defined benefit accounts, which are mostly in the form of 401(k)s. Here’s the good news: 1. Despite the market downturn in 2018 (the S&P […]
Women can — and should — take charge of their personal finances
On the face of it, the landscape of personal finance is a man’s world. Men’s faces dominate our currency. Men largely control Wall Street and the firms that hold and invest our money. And when you see a commercial about financial advising, it’s almost always a man giving the advice. But James Brown was right […]
Pharmacare system close?
An expert panel tasked with developing advice on the implementation of a national pharmacare plan is set to present its final report today to the federal government. Eric Hoskins, Ontario’s former health minister chairing the advisory council, has said the panel will offer a “detailed blueprint” for a national drug plan. The panel recommended in […]
Roots posts deeper Q1 loss
The Roots clothing company’s first quarter loss was 75 per cent bigger than last year as inventory costs associated with a new distribution centre offset gains from higher sales. The company’s direct-to-consumer gross margin fell to 54.7 per cent in its first quarter, compared with 59.1 per cent in the same quarter of its 2018 […]
Guilty plea over oil leak
Husky Energy has pleaded guilty in a pipeline leak that sent oil spilling into a major river and fouled the source of drinking water for thousands of people. The spill into the North Saskatchewan River in July 2016 forced the cities of North Battleford, Prince Albert and Melfort to shut off their water intakes for […]
Rogers to offer unlimited cellphone data plans — but there’s a catch
No overage fees for downloading more than 10 GB a month, but customers will see a speed cap after that Rogers is introducing unlimited data plans with no overage charges, a major shift in its wireless service offerings. Canada’s three national carriers have been slower to adopt unlimited data plans than U.S. wireless networks. But […]