Don’t Let These 3 Terrible Excuses Stop You From Saving for Retirement
Your retirement savings have to last you about 20 to 30 years. That’s a long time. And saving enough to cover these expenses takes just as long, if not longer. But a surprising amount of Americans have no retirement savings at all. One in 3 Americans has less than $5,000 saved for retirement, according to […]
Student loan scams are on the rise. Don’t fall for them
First, you receive a call about your student loans. The person on the other end offers to lower your monthly payments or make your debt disappear altogether, potentially for a fee. Sounds great, right? You go through the steps, sharing your federal student loan ID and other sensitive information along the way. No worrisome notices […]
Alberta Energy Regulator paying a 3rd executive to commute from B.C.
Previously, the AER board was unaware it was paying some executives to travel from B.C. The president of an oilpatch industry group is calling for significant changes at the Alberta Energy Regulator (AER) after learning that an another executive at the regulator is living outside the province and billing for travel. CBC News has learned […]
‘It’s a problem for society’: Climate change is making some homes uninsurable
Climate change is ‘existential,’ says insurance CEO It’s easy to see the flood risk of homes perched along the shores of the Ottawa River or the Red River. Everyone remembers the flooded-out Stampede Grounds in Calgary or the devastating images out of Quebec in 1996. It’s harder to imagine an urban, north Toronto neighbourhood 27 kilometres from Lake […]
More mortgage brokers allegedly involved with shadow lender, says provincial regulator
Registrar of Mortgage Brokers of B.C. says unregistered broker used altered financial documents B.C.’s registrar of mortgage brokers has named more people allegedly involved in questionable borrowing to purchase homes, which contravenes the province’s Mortgage Brokers Act. On Thursday, the Financial Institutions Commission of B.C. [FICOM], the head organization of the registrar, made public the notice of hearings […]
B.C. First Nation ‘dismayed’ by lack of consultation on Canfor forest tenure transfer
Band was looking into acquiring timber rights, Simpcw chief says The chief of the Simpcw First Nation in the North Thompson Valley is unhappy with the recent announcement that the Canfor sawmill in Vavenby would be closing and says local First Nations were not part of the decision making process. Canfor announced in early June that it is shutting […]