Roots reports $9.7M loss
Roots Corp. lost nearly $9.7 million in its latest quarter, the clothing retailer said Wednesday as it missed expectations and said it will fall short of its financial guidance for the year. The company said its second-quarter loss amounted to 23 cents per share for the 13-week period ended Aug. 3 compared with a loss […]
Bridge bidder pulls out
The B.C. government has revised the list of pre-qualified bidding teams that have been invited to participate in the request-for-proposals to design, build and finance the Pattullo Bridge Replacement project. The shortlists were revised after controversial firm SNC-Lavalin withdrew from the procurement process due to a “shift in its global corporate strategy to not participate […]
How to save money as a teenager so you can get yourself a car, pay for college, or take a trip
There are plenty of reasons to save money as a teenager. Whether you’re looking to save for your first car, college, or a gap-year trip around the world, the most important part of saving as a teen is getting started. Saving for life goals and big purchases is a great way to start to understand […]
How To Save For Your Kid’s College Education
Saving for your kid’s college education isn’t easy, but you can probably save a lot more than you think. Here are six important things to know to start squirreling away and investing money in a smart way, including how to save in a 529 investment plan. 1. Save as much as you can for college; […]
How Americans are saving for retirement and how much they have stashed away
More Americans have retirement accounts today when compared with past decades – but that doesn’t necessarily mean everyone is saving enough to live comfortably throughout their later years. According to a new study from the Government Accountability Office (GAO), the percentage of households with retirement accounts – including defined contribution (DC) plans and IRAs – […]
How to make your retirement savings last forever
Do you expect to spend the same amount in each and every year in retirement? Of course not. Yet many financial plans nevertheless assume that you will. The famous 4% rule, for example, grew out of research about what steady withdrawal rate you could maintain throughout retirement and never run out of money—even if the […]