Standard & Poor’s upheld the government of Canada’s Triple-A rating and praised Canada for its strong economy. While some countries are seeing high unemployment and low stock values, Canada is holding tough. According to the Department of Finance, Minister of Finance, The Honourable Jim Flaherty, issued a statement in response to Standard & Poor’s ratings report:
A recent report revealed that Canadians’ personal debts have reached a new record high, according to the Toronto Star. The average total debt, excluding mortgages, rose to $26,768. This is an increase of 2.1% from the previous quarter and a 4.6% increase from the third quarter of 2011. These numbers represent the fastest growth rate in 2 years. It is the fastest growing and also…
Canadians are considered to be more knowledgeable this year than last year about financial terms and personal finance, according to the BMO Financial Literacy Report Card and the Canadian HR Reporter. Most Canadians would give themselves a passing grade on their personal finance knowledge. Three-quarters give themselves a B or C, with only 10% awarding themselves an A grading. Three percent of Canadians thought they…
The Lower Ossington Theatre presents a production of Lord of the Flies from December 1-9, 2012 based on the novel by Nobel Prize-winning author William Golding. Not familiar with the story of the Lord of the Flies? The following is a quick synopsis: A plane crashes on a lonely, uninhabited island, and the only survivors are a group of schoolboys. There are no houses or…
The City of Toronto Museums presents the Holiday Baking Bonanza on December 1 and 2, 2012. Children are welcome to join in the fun at the Scarborough Museum from 1 p.m. – 4 p.m. on both days! Bake holiday treats using traditional methods in the woodstove and at the hearth. Kids take home a recipe booklet and selection of goodies to share with the family!…
Five million Canadians have already figured out how to save money on airfare – cross the border. Every year, millions plan to cross the border into the United States for cheaper flights. Because of the issues surrounding the Canadian airline industry, people are gravitating to the United States for flights. 1 million more travelers used U.S. airlines in 2011 than in 2010, according to the…
In a previous post, we talked about some great tips for saving money on your tax return. Now that you have saved all that money, you might want to consider a few things before you spend it. It makes more sense to make a plan for your money so that it doesn’t go to waste.
A well-loved Toronto tradition for 45 spectacular years, the Cavalcade of Lights celebration kicks off the holiday season in the city. Every year, audiences gather for the first lighting of the decorated Christmas Tree. The event is located in Nathan Phillips Square showcasing thousands LED lights in colours of red, white and silver.
Chocolate lovers, the weekend of your dreams as arrived – The Toronto Chocolate Festival is back. Throughout October you will find special deals at chocolatiers and pastry shops throughout the city. Here are some events you should definitely check out!
Toronto citizens should prepare themselves for a demographic shift with an influx of seniors. Many preparations will be made to maintain safety and accessibility for everyone, especially senior citizens. Councillor Josh Matlow recommended that Council and city staff create a plan to carry out this change. They developed a workbook to take residents through their comprehensive plan. The workbook features how they will build on…