Budget

Governments fare poorly on ‘Pinocchio Index’

Canada's senior governments have regularly missed budget spending and revenue targets during the last decade, according to a report released today by the C.D. Howe Institute.

By Staff |February 21, 2013

2 min read

Industry

Mint charts history of the penny

The penny may now be history, but it won’t yet be forgotten.

By Staff |February 15, 2013

1 min read

Industry

OAS change won’t disrupt retirement plans

Many Canadians aged 45 to 54, the first age group to be affected by the OAS age increase proposed by the government, were already planning on working past age 65, according to CIBC polls conducted by Harris/Decima.

February 4, 2013

3 min read

Economic Indicators

Board of Trade releases pre-budget proposal

The Board of Trade of Metropolitan Montreal is first to present recommendations for the upcoming budget.

By Staff |January 30, 2013

1 min read

U.S. fiscal war could prove self-defeating

Signs are emerging that the ongoing budgetary tug of war between Obama and the Republicans will be protracted, the economic cost of which could be punishing in proportion. Last month’s fiscal cliff deal caused a budgetary contraction of about 1.5% of U.S. gross domestic product, most of which was due to the decision to let […]

By Staff |January 28, 2013

1 min read

7 steps to smarter holiday spending

You don’t have to be a Scrooge to take control of your spending. Read: Do the holidays make people cheap? Still, considering that in 2012, average household debt in Canada reached a staggering 163% of annual income—for every $1 we make, we spend $1.63—most of us can’t afford that $400 Louis Vuitton wallet for Aunt […]

By Staff |December 11, 2012

2 min read

Canadians budget holiday spending

Two thirds (66%) of Canadians plan to set a budget for holiday spending, and 96% say they’ll only purchase items on sale, finds Interac Association. They plan to save by shopping early (79%); shopping online (62%); shopping less using credit cards (60%); and making homemade gifts (38%). Read: Do the holidays make people cheap? But […]

By Staff |December 4, 2012

1 min read

Do the holidays make people cheap?

Black Friday blitz, Boxing Day bonanza, tempting bargains and deep discounts, shops will need to try every way to wheedle money out of Canadians this festive season. A recent survey by TD Canada Trust says the majority of Canadians plan to spend very little and only what they need (37%) or that they would budget […]

By Staff |November 21, 2012

2 min read

Budget

Governments fare poorly on ‘Pinocchio Index’

Mint charts history of the penny

OAS change won’t disrupt retirement plans

Board of Trade releases pre-budget proposal

U.S. fiscal war could prove self-defeating

Can Canada balance its budget?

Short-term goals increase planning success

7 steps to smarter holiday spending

Canadians budget holiday spending

Do the holidays make people cheap?