Industry

Back to school financial tips for students

Students are set to head off to college and university with many valuables, but are they prepared for the financial risks? Read: Teens need money smarts Breaking and entering, as well as theft of valuables up to $5,000, accounted for 60% of police-reported property crime in 2011, finds Statistics Canada. The most common stolen items […]

By Suzanne Sharma |September 4, 2012

2 min read

Investors bet against RIM

RIM’s short interest has hit a record high, increasing to 4.2% of shares outstanding on August 24, finds research firm Markit. This is a sign investors are anticipating disappointing earnings as they continue to wait for a new lineup of BlackBerry smartphones, says Hugo Miller of Bloomberg Businessweek. Read: RIM chair defends leadership Investors taking […]

By Staff |September 4, 2012

1 min read

Want to beat the OAS clawback? Move south

Do you have a Canadian client who is planning to move south of the border? Then here’s some good news. He can apply for OAS in the U.S. and won’t be subject to the standard clawback thanks to the Canada-U.S. Treaty. “Sometimes people don’t apply for [OAS] after they move to the U.S. because they […]

By Suzanne Sharma |September 1, 2012

2 min read

Canada’s Big Five deliver $7.8 billion in Q3

Canada's biggest banks delivered $7.8 billion of cumulative profit in Q3 2012. The performance of the banks left analysts' restrained predictions in the dust, marking an increase of 45% from net income of $5.38 billion a year ago.

By Staff |August 31, 2012

2 min read