What Happens to Your Debt When You Die?

Knowing what happens to your debt when you die likely won’t be a top dinner table conversation tonight. After all, death and money are taboo subjects on their own, let alone together. That’s the takeaway from a U.K.-based study which concludes the absence of a candid talk about a breadwinner’s death leads directly to financial problems after he […]

Here’s how to unlock that all important college financial aid

Today’s reality: Before you decide on which college to attend, you have to come up with a way to pay for it. To that end, families are relying on financial aid more than ever before to help cover the skyrocketing cost of tuition. More than 8 in 10 families tap scholarships and grants — money […]

Forever 21 files for bankruptcy in U.S., to cease operations in Canada

Retailer has 44 stores in Canada which will remain open during liquidation process Fashion retailer Forever 21 Inc said on Sunday it has filed for Chapter 11 bankruptcy protection in the U.S. to restructure its business, joining a growing list of brick-and-mortar players who have taken a hit from fierce e-commerce competition . The company […]

Liberals would run deficits

Justin Trudeau tried to make virtue out of red ink Sunday as he released a Liberal platform that promises to impose new taxes on wealthy individuals, large international corporations, foreign housing speculators and tech giants to help cover the cost of billions in new spending and tax breaks for the middle class. Even with the […]

Posties rack up parking fines

Canada Post is racking up close to $1 million annually in parking tickets as drivers struggle to navigate increasingly congested city streets, data show. The information, obtained by The Canadian Press through freedom of information requests, indicates the bulk of the citations are in and around Toronto. “To meet the needs of Canadians, our employees […]

The fall real-estate update: Economists predict gradual rebound

It is rare to see a V-shaped recovery, writes personal finance columnist Mark Ting Spring is usually the hottest season for real estate but that wasn’t the case in 2019. We saw inventories build and prices trend downwards. However, things appear to have changed since then. According to the Canadian Real Estate Association, national home prices […]

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