Implementing guaranteed basic income could cut poverty rates up to 40%, PBO says
The government’s fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.
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The government’s fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.
An advocacy group is calling on Canada’s public pension managers to use their financial heft to more publicly work to reduce climate change as political efforts become less reliable.
Once a year the managers of the Hennessy Cornerstone Mid Cap 30 Fund rebalance their portfolio. They use a formula to select 30 stocks, equal-weighting each at 3.3 per cent of the fund. Then they let the stocks run until the next rebalance, a year later.
For shoppers wanting to reap big savings, experts suggest developing a shopping calendar to catch off-season prices.
A tax increase that’s unlikely to ever become law has nonetheless earned the Canadian government billions of dollars in additional tax revenue after some people and businesses rushed asset sales to get ahead of it.
If you typically file your taxes using software, there’s a chance that you could be leaving money on the table. Personal finance contributor Christopher Liew shares some of the CRA’s best tax credits to help you save even more this tax season.
The First Home Savings Account (FHSA) is a new tool to help first-time prospective home buyers save for a down payment on their first home. Personal finance contributor Christopher Liew explains how the FHSA works, including its tax advantages, contribution limits, and eligibility criteria.
Your money mindset shapes whether you face your finances and make gains, or spin your wheels in avoidance and shame.
Some of the world’s most sought-after hedge funds are handing back billions of dollars to clients — presenting opportunities for smaller peers to seize the flow and grow.
The Bank of Canada’s sixth straight interest rate cut will provide relief to Canadians' finances in various ways, particularly for certain loans, according to financial experts.
BMO, Porter Airlines and Mastercard are launching a new credit card option for travellers looking to earn points for the airline’s reward program VIPorter.
LVMH’s sales of fashion and leather goods continued to decline in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury demand.
The increase to Canada’s capital gains inclusion rate is facing legal challenges after leading politicians pledged not to implement the hike if elected.
This is what is actually going on when Mercedes charges $200,000 for a sedan.
Half of Canadians are $200 or less away from being unable to cover their monthly bills and debt payments, according to MNP Ltd.‘s quarterly report on consumer debt.
Robyn Johnson, a retired teacher, fled the deadly Los Angeles fires on foot.