What to do if your personal information is compromised

Published by Thomas B. Russell B.Sc., MBA, CFP, CLU, CH.F.C. on Nov 13, 2018

The Financial Consumer Agency of Canada (FCAC) issued a consumer alert May 29 to encourage consumers to take certain measures in the event that their personal information is breached. The alert follows... Continue reading

Most Canadians are unclear on the cost of owning a vehicle

Published by Thomas B. Russell B.Sc., MBA, CFP, CLU, CH.F.C. on Oct 20, 2018

Sixty-seven per cent of Canadians don't know the cost of owning and operating a vehicle for a year, according to a Canadian Automobile Association (CAA) survey. On average, the cost of owning and operating... Continue reading

OSC warns investors about unregistered firms

Published by Thomas B. Russell B.Sc., MBA, CFP, CLU, CH.F.C. on Jun 08, 2018

The Ontario Securities Commission (OSC) issued a warning to investors on May 18 regarding BTCReal, BitSerial, Hypercube Ventures LP, CabinCoin OÜ, and BaapPay Inc. The OSC says these firms appear to be... Continue reading

Half of Canadians have experienced a mental health issue, says Sun Life survey

Published by Thomas B. Russell B.Sc., MBA, CFP, CLU, CH.F.C. on Jun 08, 2018

Mental illness has affected the lives of half of all Canadians, according to the results of Sun Life Financial's recent national survey that asked Canadians about their experiences with mental health.... Continue reading

Many Canadians concerned about their retirement income

Published by Thomas B. Russell B.Sc., MBA, CFP, CLU, CH.F.C. on Jun 08, 2018

Less than half (45 per cent) of Canadians are highly confident they will be able to maintain their standard of living in retirement, says Greenwald and Associates and CANNEX’s 2018 Canadian Guaranteed... Continue reading

Gen X falling short on retirement savings goals

Published by Thomas B. Russell B.Sc., MBA, CFP, CLU, CH.F.C. on Jun 05, 2018

Generation X is struggling to save for retirement, says Franklin Templeton Investments Canada’s 2018 Retirement Income Strategies and Expectations survey released May 10. The survey found that 28 per ... Continue reading

Most millennials are not on track to achieve home ownership dream

Published by Thomas B. Russell B.Sc., MBA, CFP, CLU, CH.F.C. on Jun 05, 2018

While most millennials who rent or live with family say they dream of owning a home one day, few are adequately planning for it, according to a CIBC poll released last week. Forty-six per cent of Canadians... Continue reading

Fewer Canadians have disability coverage through the workplace

Published by Thomas B. Russell B.Sc., MBA, CFP, CLU, CH.F.C. on Jun 05, 2018

The number of Canadians with disability coverage through workplace benefits has declined significantly since 2015, according to the findings of a recent RBC Insurance survey announced April 24. The survey... Continue reading

Most working Canadians can't afford to invest in themselves, says survey

Published by Thomas B. Russell B.Sc., MBA, CFP, CLU, CH.F.C. on Jun 05, 2018

Eighty-two per cent of working Canadians say they would invest more in themselves if they had the financial resources to do so, according to the results of a TD survey announced April 19. Investing in... Continue reading

OSC issues warning about BitConnect

Published by Thomas B. Russell B.Sc., MBA, CFP, CLU, CH.F.C. on Apr 19, 2018

The Ontario Securities Commission (OSC) has issued a warning to investors about BitConnect, which manages the websites bitconnect.co and bitconnectcoin.co, “where it claims to operate an online exchange... Continue reading