CRTC wants to tax Internet users to subsidize content creators

What does and doesn’t stream over the Internet is none of the CRTC’s business

CRTC wants to tax Internet users to subsidize content creatorsSometime in the not too distant future, everyone who subscribes to the Internet should have to pay more to ensure more secure jobs and incomes for Canadian content creators whose lives have been disrupted by the Internet. That’s the pitch being made by Canada’s telecom and broadcast regulator to the federal government as it looks…

A will gives you control of your affairs after your death

Sandy Lyons of Grant Thornton Ltd. explains that, when you die without a will, any prior verbal wishes to family and next of kin can be set aside

A will gives you control of your affairs after your deathSandy Lyons is a licensed insolvency trustee with Grant Thornton Ltd.’s consumer insolvency team in Calgary. Why do so many people not have a will? Lyons: It can be a matter of cost, not wanting to look at and plan for end of life, a lack of understanding and knowledge of what steps must be completed…

Lack of financial literacy skills hurting Canadians

MNP survey says without necessary skills, Canadians are easily lured into debt

Lack of financial literacy skills hurting CanadiansA lack of skills and education are contributing to surging consumer debt in Canada, says a new survey by MNP Ltd. Survey results, which were released on Tuesday, said 85 per cent of Canadians agree that financial literacy in Canada is lacking, and this lack of knowledge is contributing to Canada’s consumer debt problem (87…

Calgary summit to focus on aligning wealth with social change

Nov. 16 event to bring together leading experts on a variety of issues around impact investing

Calgary summit to focus on aligning wealth with social changeThe time is ripe for aligning wealth with social change, according to the upcoming fourth annual Capital for Cause Impact Investing summit in Calgary on Nov. 16. Organizers of the event say the summit brings together leading experts on a variety of issues around impact investing. The purpose is to provide relevant and accurate information…

Canadians worried about rising interest rates

MNP report says millennials have never experienced a time when credit wasn’t cheap and easily accessible

Canadians worried about rising interest ratesCanadians are increasingly fearful of interest rate hikes, according to the latest MNP Consumer Debt Index, which was released on Tuesday. MNP said the fear of a rate increase has intensified over the past few months. One-third of Canadians express concern that rising rates could move them towards bankruptcy. That’s a six-point increase since June.…

Millennials giving up on ever owning a home in a Canadian city

It now takes 53.5 per cent of your income to service the costs of buying a single-family home

Millennials giving up on ever owning a home in a Canadian cityThe proportion of household income needed to service the costs of a single-family home grew to 53.5 per cent in the first quarter of 2018, according to a report released Wednesday. And that is one reason Canadians, especially millennials, are abandoning their dream of ever owning housing in the city and and are now looking to…

Locnest helps put a roof over renters’ heads

Sébastien Barrillier of Locnest talks about how their model offers a simple solution to the security deposit problem

Locnest helps put a roof over renters’ headsSebastien Barrillier is president of Locnest. What is Locnest and how does it work? Barrillier: Locnest provides lease guarantee services to Canadian landlords and tenants. Our lease guarantee can replace security deposits in jurisdictions where they’re permitted and act as a guarantor or co-signer in jurisdictions where they’re not, providing landlords with a secure and…

Millennials face challenges dealing with inheritance

Shawnette Fraser of TD Canada Trust says its important to remember that there are emotions at play

Millennials face challenges dealing with inheritanceShawnette Fraser is district vice-president of Calgary North for TD Canada Trust. How big of a market is the millennial generation these days for Canadian financial institutions? Fraser: Millennials make up a large portion of our population, and as customer service-based business we need to be looking to how we can best support them in their…

Canadians expect to spend more this Christmas shopping season

Many shifting back to in-store shopping, says new report from PwC Canada

Canadians expect to spend more this Christmas shopping seasonChristmas will soon be here and in many ways the shopping season has already begun. A new report says Canadians will spend an average of $1,563 this Christmas shopping season, a 3.7 per cent hike over the previous year. According to PwC Canada's 2018 Holiday Outlook report, eight out of 10 Canadians plan to spend…

Canadian Tire loyalty program adding Husky gas stations

Triangle Rewards is a no-fee loyalty program associated with Canadian Tire, Sport Chek, Mark's and Atmosphere

Canadian Tire loyalty program adding Husky gas stationsCanadian Tire is expanding its Triangle Rewards loyalty program to include Husky gas stations in the country. The company announced on Wednesday that this will give Canadians the ability to earn more electronic Canadian Tire Money (CTM). “We're thrilled to partner with Husky and expand the reach of our loyalty program, adding more than 400…