I pay scant attention to announcements from my credit card company. Mostly they’re telling me about higher fees, restrictions in benefits or otherwise trying to sell me something. But recently CIBC announced a change to authorized user rules for its … Continue Reading
Marbles aren’t exactly a common possession these days. But let’s say you have a retro friend who happens to have one clasped in each hand. One is red, the other black. You are required to enter the game she proposes … Continue Reading
I’m not an employment expert but I’m becoming one, especially for young workers. As my daughter attempts to find full-time work after graduating with a two-year culinary degree from George Brown College in Toronto, I am seeing first hand the … Continue Reading
A reader who owned 200 Kraft Foods shares received a nasty surprise when a T5 slip arrived showing nearly $3,000 in U.S. dividend income. Kraft Foods Group split into Kraft Foods and Mondelez International in October, 2012. Every 100 shares … Continue Reading
Millions of Canadians are caregivers but are confused about whether they can claim caregiver tax credits for the elderly. This Metro reader is one of them: “My mother is 80 and lives with me. Her income from OAS and GIS … Continue Reading
It’s May, so is it time to sell and go away until St. Leger Day? That’s the old stock market saying. St. Leger Day, by the way, was the last British horse racing event of the season in mid-September. Presumably, … Continue Reading
The recent tragedies in Boston and in West, Texas, are reminders that disaster can hit with the speed and force of a tornado. Similar, if somewhat less dramatic, events happen daily and range from death, divorce and illness to unemployment … Continue Reading
“I am 44, a single parent with two kids and a total idiot about money,” writes Lori P. from Winnipeg. “There’s so much talk about financial literacy these days. How am I supposed to get smart?” Good point. I feel … Continue Reading
Take an innovative restaurant in Toronto called The Depanneur, add in a guest program for young chefs-in-the-making, stir, season and serve up a dish that helps solve youth unemployment. OK, maybe I’m stretching it a bit, but owner Len Senater … Continue Reading
Income tax is complex and, I suspect, deliberately confusing. After all, filing returns employs an entire profession. Not surprising then that Canadians have many wrong ideas about their taxes. These five myths, culled from H&R Block’s free online question and … Continue Reading
