Finance

More than half of Canadians surveyed who don’t invest say it’s because they lack knowledge and confidence

pexels-photo-874242

Canadians who do not currently invest say their lack of knowledge and confidence are preventing them from getting financial information and advice, according to national survey results from the Investment Industry Regulatory Organization of Canada (IIROC). IIROC, with The Strategic Counsel, surveyed 2,000 Canadians, 500 of whom were “aspiring investors” (those who are interested in […]

Continue Reading…

Holidays cancelled? Canadians would use the money to save, invest and pay off debt

myo

Canadians across the country think that there are better ways to spend their money than on the holidays, according to the Holiday Spending in Canada, 2019 report by Mylo, the popular Canadian saving and investing app. The report, which surveyed over 3,000 Canadians, found that 60 percent believed that the amount the average Canadian will spend on the holidays […]

Continue Reading…

Budgeting Made Easy with New Interactive Budget Planner

budgetplanner

The Financial Consumer Agency of Canada (FCAC) launched its new Budget Planner tool, which will help Canadians manage their financial goals. This evidence-based tool uses behavioural insights, enabling users to tailor their budget to their needs. FCAC’s Budget Planner offers instant personalized feedback, customizable budget templates, guidelines and reward badges to help Canadians easily prioritize their spending […]

Continue Reading…

Have you heard about the CDIC?

cdic-logo

Have you ever heard of the CDIC? Have you seen this logo? CDIC stands for Canada Deposit Insurance Corporation. CDIC is a federal Crown corporation that contributes to the stability of the Canadian financial system by providing deposit insurance against the loss of eligible deposits at member institutions in the event of failure. Their vision […]

Continue Reading…

1 2 3 6