Millions in pot sent back
CannTrust Holdings Inc. says its products being returned by Alberta government’s cannabis wholesaler and online retailer total about $1.3 million. The Alberta Gaming, Liquor and Cannabis agency announced the move on Wednesday after Health Canada suspended CannTrust’s licences to produce and sell pot. The company says that under the terms of its agreement, the goods […]
Mitsubishi picks Quebec
The Mitsubishi Aircraft Corp. is putting down roots in Quebec, unveiling plans for a Montreal-area product development centre after reaching a deal in June to buy Bombardier Inc.’s regional jet program. The office will be part of the company’s push to get a single-aisle airliner off the ground in 2020 as it doubles down on […]
Americans aren’t saving enough for emergencies. Here’s a plan to help
According to a recent survey by Bankrate, over half of U.S. adults don’t have enough money in the bank to tide them over for three months. And 28% say they have no emergency savings at all. Brigitte Madrian, the Dean of Brigham Young University’s Marriott School of Business, joined Yahoo Finance’s “YFi PM” to discuss […]
Your Savings Might Suffer If You Don’t Do These 3 Things
We all need money in savings, and if you don’t make an effort to accumulate some cash reserves, you’ll be in real trouble when emergencies arise. And although you may have every intention of saving money, your chances of success are limited if you fail to do these important things. 1. Follow a budget The […]
The Average Member of Gen Z Already Carries a Staggering Amount of Personal Debt, New Study Find
Young Americans stressed about their financial health might take solace in one thing: they’re not alone. According to new data released by Northwestern Mutual on Tuesday, a significant percentage of millennials and other young Americans are carrying large amounts of personal debt—and feel guilty about it. Millennials on average carry $27,800 in personal debt, most […]
Millennials have an average of $28,000 in debt—and the biggest source isn’t student loans
It may seem like student loans and millennials are inextricably linked. But a new survey shows that education bills are not the leading source of debt among this generation. Millennials (defined here as ages 23 to 38) have racked up an average of $27,900 in personal debt, excluding mortgages, according to Northwestern Mutual’s 2019 Planning […]