Go to Main Content

Advertisement

By MoneySense Staff on July 30, 2013
Estimated reading time: 1 minute

How not to fund retirement

By MoneySense Staff on July 30, 2013
Estimated reading time: 1 minute

Woman, 78, defrauds the feds of $151K in pension money, why introverts make better investors, Zara Home coming to Canada and more.

Advertisement

A Windsor, Ont. woman has pleaded guilty to defrauding the federal government of more than $151,000 in CPP and OAS payments over 14 years. The unnamed woman must repay the money obtained with forged documents. She also received a 12-month conditional sentence and 12 months of probation.
In its first-ever Canadian Investor Survey, released Tuesday, BlackRock Canada warned retirement savers their nest eggs may have to last 25 years or more.
Introverts tend to be better investors than extroverts because they are less likely to be impulsive, a new study by academics at the Kellogg School of Management suggests.
Cheap and chic home decor appears to be a growing retail trend in Canada, first with the arrival of Target and now Zara Home coming to Ontario later this summer. The Yorkdale Shopping Center location will stock bedding, table and bath linens, furniture, tablewear, cutlery as well as home designs for children. A second location will also open in Laval Quebec.

Comments Cancel reply

Advertisement

Related Articles

Prominent business building Brookfield place in Toronto, symbolizing a look at Canada's economy.

Canada’s economy news: Are we growing enough?

Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates.

Canada’s economy news: Are we growing enough?

A letter issued by Equifax to individuals whose data was affected by a computer hack is seen in Toronto.

Newcomers to Canada

New to Canada? A new way to transfer your credit score

Equifax launches foreign credit score sourcing program for newcomers, building on a similar service offered by Nova Credit.

New to Canada? A new way to transfer your credit score

Photo by emojiisland

Making sense of the Bank of Canada interest rate decision on October 23, 2024

Making sense of the Bank of Canada interest rate decision on October 23, 2024

Bank of Canada delivers half percentage point rate cut

The central bank lowers its key interest rate to 3.75% and says it now must keep inflation at 2%....

Bank of Canada delivers half percentage point rate cut

From Pokemon cards to music royalties: Do alternative investments work?

Alternative investments may bring to mind hedge funds or real estate. But niche collectibles are increasingly a part of...

From Pokemon cards to music royalties: Do alternative investments work?

The Netflix button on a television remote control was juxtaposed with a Netflix web page, in this photo in New York, Feb. 2, 2023.

How many subscribers does Netflix have?

The streaming giant’s subscriber growth slows as gains from password-sharing crackdown subside.

How many subscribers does Netflix have?

A hand holds a credit card in a leather cardholder

Canadians will see savings from reduced credit card processing fees

Shoppers across Canada could see slight savings at small and medium-sized businesses soon, as two major credit card companies...

Canadians will see savings from reduced credit card processing fees

Why are mortgages so expensive in Canada?

Why are mortgages so expensive in Canada?

25 personal finance highlights from the last 25 years

From legislative changes to economic trends and consumer behaviours, here are 25 financial highlights that defined the last two...

25 personal finance highlights from the last 25 years

Couple in their 30s smile while reviewing a financial statement.

The Fourth Estate

What does high inflation mean for your retirement savings?

How high inflation affects investments, and what you can do to minimize the impact on your retirement savings.

What does high inflation mean for your retirement savings?