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Monthly Archives: April 2012
Pension troubles
Last week, the Canadian government announced a reduction in eligibility for the Old Age Security Benefit from age 65 to 67 starting in 2023. This means all Canadians age 54 and younger today will receive less retirement income from the … Continue reading
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“Stock Act” a start; more needed to be done
“President Barack Obama Wednesday signed the Stop Trading on Congressional Knowledge (STOCK) Act nearly five months after CBS’s 60 Minutes report on how some members of Congress had been profiting from financial trades based upon undisclosed Congressional knowledge, commonly referred … Continue reading
Chinese Premier on need to break up big banks
“With banks making record profits and the people frustrated by low interest rates on deposits and lack of lending, a nation’s leader is speaking out: “Let me be frank. Our banks earn profit too easily. Why? Because a small number … Continue reading
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