Warning of empty shelves
Industry warns of empty shelves in CN rail blockade Sectors from retail to oil and gas are calling on governments to resolve a dispute with anti-pipeline protesters as a rail blockade enters its ninth day, extending railway shutdowns and threatening shortages of groceries, propane, drinking water and other goods. Demonstrators set up a blockade near […]
Eastern blockade remains
Eastern Ontario rail blockade still in place Members of the Mohawk First Nation say they are to meet Saturday with Federal Indigenous Services Minister Marc Miller at a CN rail crossing in Ontario. “The CN Rail stoppage is in its 9th day since Mohawks demanded that no trains cross their Territory at Tyendinaga until the […]
The Odds Are Heavily in Your Favor If You Claim Social Security at This Age
You may not realize it, but there’s a very good chance that you’ll be reliant on Social Security, to some degree, to make ends meet during retirement. According to Gallup’s April 2019 surveys, a record-tying 90% of current retirees lean on Social Security as a necessary part of their monthly income, while a near-record 83% […]
Bloomberg unveils plans for Americans’ Social Security, retirement savings
Mike Bloomberg released plans to shore up Americans’ retirement on Sunday, promising to increase Social Security retirement benefits and create a government-backed savings plan for workers at all income levels. “Americans who have worked for decades deserve the opportunity to retire without facing constant financial pressure, and, as president, I will strengthen Social Security to […]
Is It Possible to Retire by Age 50?
When you retire early, you’ll need a heftier nest egg to last the rest of your life. You’ll likely need to save hundreds of thousands of dollars more if you retire at age 50, than if you wait until your 60s or 70s to retire, assuming you live an average lifespan. To figure out exactly […]
This trendy tax play is making its way to financial advisors
A hot tax-advantaged opportunity is making the rounds among financial advisors. Just make sure you don’t overlook the risks. The Tax Cuts and Jobs Act, which went into effect in 2018, established so-called qualified opportunity zones — economically disadvantaged areas across the country. Funds specializing in qualified opportunity zones allow people to invest in these […]