Oil prices jump on attacks
Long-suffering Canadian energy company stocks were on track to post their best day in nearly three years after an attack on Saudi Arabian oil facilities on the weekend sent oil prices soaring. The index that tracks energy company share prices on the Toronto Stock Exchange was up as much as 11 per cent just before […]
U.S. strike against GM could lead to Canadian layoffs
St. Catharines, Ont., plant could face layoffs within days, union president says As 49,000 United Auto Workers in the U.S. strike against General Motors, there’s a risk the walkout could shut down GM Canada’s plants and auto-parts makers in Ontario. And that means layoffs of some of GM’s 5,700 Canadian workers and others throughout the […]
This Is How Much Workers in Each Generation Think They Should Save for Retirement
Your golden years may be some of the best years of your life, but they can also be some of the most expensive. Multiple factors contribute to the rising costs of retirement. Healthcare expenses, for example, continue to increase, and the average American in their 40s now can expect to spend roughly $335,000 on healthcare […]
3 numbers will tell if you can retire early, says a man who quit his law job at 49
There are only three numbers that factor into your ability to retire early, and none of them is your salary. That’s according to Rob Berger, a deputy editor at Forbes and the author of the new book “Retire Before Mom and Dad.” He says income has a minimal influence on how quickly we’re able to […]
Want to know how prepared you are for retirement? There’s a score for that
You know you need to put money away for retirement. But how much do you really need to save? It’s a question that confounds many individuals. And not knowing can contribute to one big fear: that they will run out of money in their later years. A new tool aims to help you understand just […]