RDSP Providers : TD Investments Continues to Annoy
In terms of the best RDSP Providers the TD Investment account is currently the best in terms of flexibility of investments, however the interface is bad.
Thanksgiving, Knuckleheads, Debt & the Buddha & #Moneytalk
This weekend we celebrate the harvest in Canada, with our version of Thanksgiving. At this time, we need to remember the turkey, and the contribution it makes to our festive tables. Traditionally for Canadians this weekend is a time for families and friends to get together (nothing compared to our raucous neighbours Thanksgiving in November, however) and remember that charity at this time of plenty is important as well.
The ugly side of sports showed itself as a Blue Jay fan chucked a beer can (and almost hit) an unsuspecting Orioles player. As a lifetime Expos fan, I am unimpressed, and if I saw anyone do that at a ball game, I’d point them out to the authorities. Come on Torontonians figure out who the culprit is and do the right thing. The only Knucklehead at the Jays game should be R.A. Dickey!
It is also Oktoberfest in my old stomping grounds of Kitchener/Waterloo (and Germany) (a good use of beer, as well). This wonderful fall tradition starts (officially) on Thanksgiving weekend. Allegedly, the PM himself will be tapping the first keg.
The big financial news for the week was Minister Morneau Announces Preventative Measures for a Healthy, Competitive and Stable Housing Market, which we shall see how it impacts the bubbling house markets in some cities in Canada.
Stuff I wrote this week
I had grandiose plans of writing a bunch of stuff this week, but life does sometimes get in the way of my best laid plans. It’s not quite what I had in mind (Financially) outlines how some folks settle for bad service, with their money, and they should not. You worked hard to make that money, fight to make it do the most for you.
I keep asking the same question on Social Media, but I never get an answer, RDSP: Question for Canadian Big Banks, asks why is the RDSP such a piss poor program at most banks? I have yet to have anyone from a bank respond to it.
Deep Financial Tweets
“It’s not quite what I had in mind” (Financially)
We can sometimes be a little too polite especially when it comes to our finances, so answering “It’s not quite what I had in mind” is not the best answer.
Bye Bye CSBs, 36 Million Strong and #Moneytalk
The government is investigating whether they should abandon the Canada Savings Bonds program, and when I heard that, I thought, What will all the Grandmas invest in now? There are about $500M worth of unclaimed CSBs out there, too. Remember the good old days when CSBs paid out
| 1980 Nov S35 11.50% | 1981 Nov S36 19.50% |
| 1982 Nov S37 12.00% | 1983 Nov S38 9.25% |
| 1984 Nov S39 11.25% | 1985 Nov S40 8.50% |
| 1986 Nov S41 7.75% | 1987 Nov S42 9.00% |
| 1988 Nov S43 9.50% | 1989 Nov S44 10.50% |
| 1990 Nov S45 10.75% |
Yes, remember those heady days when CSBs paid 19.50%. I do! I also remember 15% mortgage rates. However, for all those lovers of CSBs, don’t lament. You can still buy them this year and set up a payroll savings program too! The population of Canada is now over 36 million, according to Stats Canada. We added 139,645 from April to July of this year! Now that is an immigration boom (or one hell of a baby boom!). Funny, it doesn’t feel that crowded, but I don’t live in Toronto either.
In Ottawa, the Glebe has decided that the stores in that area can open on Thanksgiving (and on five other holidays). Do we need that many days to shop? I remember not shopping on Sundays.
The only comment I can make about the American election is, what I have said previously, Overt Zealotry of any kind (religious, political, or any other) worries me a great deal. How is everyone so darn sure they are right?
Stuff I wrote this week
It was another somewhat lazy week for me. However, I have many more ideas percolating in my brain (including one where I am asking MPs questions). Still, this week, I wrote about the Shocking Electricity Price in August (CPI Canada). Ontario is leading the way with ludicrous electricity price increases.
I continue to get comments and questions from my article CRA Child Disability Benefit (How To). Hopefully, folks are being helped by it (it is one of my favourite articles).
Read More »Bye Bye CSBs, 36 Million Strong and #MoneytalkShocking Electricity Price in August 2016 (CPI Canada)
Electricity prices in August 2016 were a major contributor to Inflation.
