Mounting forestry concern
Rail strike, trucking shortage stoke forest industry fears The Forest Products Association of Canada says a chronic shortage of truck drivers is compounding concerns about the impact of a strike at Canadian National Railway Co. CEO Derek Nighbor says the strike could have a “devastating economic impact” on his industry, which is already reeling from […]
Olive branch for west?
Liberals open to changing federal laws at heart of western anger The federal government’s new western outreach ambassador says there might be room to look at changing legislation at the heart of anger towards the Liberal government in Canada’s West. Manitoba MP Jim Carr is no longer in cabinet, but he has a new role […]
Here’s Why You Shouldn’t Let Your Savings Account Balance Get Too High
There comes a point when socking away more money in the bank doesn’t make sense. We all need money on hand for unforeseen expenses — things like automobile malfunctions, home repairs, or unexpected medical bills. In fact, your primary financial goal should be to build an emergency fund with enough cash to cover three to […]
Young people are saving more for retirement than Boomers and Generation X — and this is why
Young people are saving more than previous generations, according to a study, flipping the historical trend that saw older savers put the most money aside towards retirement. This was the stunning finding of a global survey of more than 25,000 investors across 32 countries, by asset manager Schroders. The study revealed those aged between 18 […]
This bill to improve your retirement is stuck in Congress
Despite the partisan noise swirling around the impeachment hearings in Washington, D.C., supporters of at least one bill remain hopeful that the divide won’t derail its passage. The Secure Act, as the measure is called, aims to increase the ranks of retirement savers and the amount they put away. While it cleared the House in […]
Personal loans are ‘growing like a weed,’ a potential warning sign for the US economy
Americans are hungry for personal loans that they can use as quick cash to pay for anything from vacations to credit card debt, a potential red flag for the economy. Personal loans are up more than 10 percent from a year ago, according to data from Equifax, a rapid pace of growth that has not […]