Unemployment Continues to Rise
In 2016 unemployment continued to be an issue, where full employment was possible, but not just then.
Bank Rate Stays Put, Spring Forward and #MoneyStories
The Bank rate note changing isn’t really news and neither is Daylight Savings Time, but there are a lot of great financial stories here.
Debt Cash Grabs and Your Bank
Gail Vaz-Oxlade warned about banks’ rights to seize money from customers to repay their debts, a practice known as a debt cash grab. This action, made legitimate through banking agreements, occurs frequently when customers amass significant or delinquent debts. Big Cajun Man advises considering diversification of assets and debts, and caution against consolidating all banking with one institution for enticing deals.
Is Your Toilet Flushing Hot Water?
Is your toilet flushing hot water ? You might want to check, connections get confused, and it can end up costing you a great deal like bank fees do.
Welcome Americans and #MoneyStories
Another historical piece, when President Trump as elected SO many Americans said they were going to move to Canada, never really happened, that I saw.
Welcome our American cousins, and all those who are claiming that if Donald Trump (or Hillary Clinton) gets elected they will move out of the United States of America. We Canadians welcome you with arms wide open, however, please leave your arms down there (thank you). It is always interesting to hear folks down south claiming they would move up north, a few good examples were:
- If Obamacare passes! So you are running away from socialized medicine to move into a country with socialized medicine?
- If gun control laws are passed? Canada you want to move to? The big one up north?
- If marijuana is legalized?
- I am not even going to mention abortions
Should be an interesting choice down south, guess I should look into Wall futures? Remember that Toronto in the 60’s was a haven for Draft Evaders from the Viet Nam war, and that time was viewed as a Golden Age for Toronto, so who knows, maybe this is a good thing for Canada?
For any folks thinking of moving here, the topic for March is either, the Weather or Taxes! Luckily we have plenty to complain about on the tax side of things, with the Ontario Government slapping new taxes on many things, and the newly crowned Liberal Federal Government (or am I supposed to call them The Trudeau Government) talking of more taxes needed as well, the cold might not seem so bad. You see what I did there, I did the old switcheroo where it sounded like I was going to complain about how cold it was, and instead, I zinged in with a Tax Complaint (that is a very Canadian thing too).
My Writings for Week Ending March 4th
We leaped out of February into a short beginning of March, with RRSP season leaving us, but Tax Season is now in full bloom.
With this being a leap year did we have an extra day for RRSP contributions? Maybe, a few folks said it didn’t matter, but if you only worry about your RRSP at the end of February, you may have a financial planning problem, as I pointed out in Leap into Your RRSPs and Financial Planning
As I have mentioned many times I have a massive backlog of unfinished ideas, and I found one and added a bit of polish and a lot of sarcasm poking fun at Financial Services Web Pages
A Friday Thought
Read More »Welcome Americans and #MoneyStoriesThe hardest times to say the word no, are usually the most important times to say it.
