Highlights / financial

Economy

Canadian cheese company Saputo closing two facilities

Saputo Inc, the Canadian dairy and cheese company, announced that it is closing down two facilities in order to increase “operational efficiency.”  The facility in Trenton, Ontario will be closing in Sept. 2020, and the one in Saint John, New »

Economy, Internet, Science & Technology, Politics, Society

Statistics Canada pauses data collection on citizens finances over privacy concerns

Statistics Canada is the federal agency responsible for collecting statistics on all aspects of Canadian life. When it was learned the agency was beginning to collect personal banking information on 500,000 citizens, there was an outcry over invasion of privacy. »

Economy, Society

Young Canadians, not really planning for the future

The age group is called “the millenials”, the age group born in the decade or so before the turn of the new century.  As they are now adults aged roughly between 25-35, it seems many are not prepared for the »

Health, Society

Jurors who face gruesome, long trials may need help

A Canadian government committee is examining the impact of jury duty on those who are called to serve.  Jurors may suffer psychological effects and financial losses, particularly in cases where the evidence or testimony is particularly horrific and the trial »

Economy, Society

More Canadians living paycheque to paycheque

A new survey suggests about half of Canadians spend all or more of their net pay and one quarter would be hard pressed to come up with $2,000 in the event of an emergency. In Canada, 93 per cent of »

Economy, International, Politics

Canada quietly sells its gold

Throughout history, gold has always fascinated mankind. Lately it seems some of that attraction is starting to wear off, at least for governments. In recent weeks Canada has been selling off its gold reserves, in fact, almost half of the »

Economy, Society

Students don’t learn how to manage their finances

Many Canadian students graduate unprepared for the financial issues they must face because they are not taught the basics at home or at school, says Kyle Prevost, a teacher and author. Prevost is one of a small group of teachers »

Indigenous, Politics, Society

Study: Questions raised about Aboriginal groups funding/spending

A new study highlights issues about income and expenses on aboriginal reserves in Canada. The study performed by the non-profit public policy research group, C.D.Howe Institute suggests aboriginal bands may want to look more deeply into how their money is »