Author: Moe Rahimian

If you were born after 1940, you probably grew up in a nuclear family: mother, father, 2.3 children. Maybe grandparents or other relatives lived nearby but not under the same roof. Although the nuclear family seemed the norm for middle-class Americans, it was actually an aberration lasting only a few decades. For most of human […]

Involving your children in money-management discussions and decisions is extremely valuable. Children can be helpful or very challenging when it comes to effectively managing your money. Here are some ways you can instill healthy money-management behaviors in your children: Give children specific roles with regard to daily money management activities. Ideas include opening and sorting […]

A budget in the spring, an election in the fall… Political analysts were asking themselves a lot of questions before the latest federal budget was tabled. Now the answers are here. The budget tabled on March 19 by federal Finance Minister Bill Morneau carries on where the three previous budgets left off, as far as […]

Published By: Insurance Journal Author: Andrew Rickard  Date: June 28, 2016  09:53 a.m. Will you die in the class you were born? Research conducted by Statistics Canada on intergenerational earnings has found that Canadians do not have the kind of upward mobility that previous generations may have enjoyed. Comparative studies of intergenerational earnings and income mobility tend to rank […]

Published By: Insurance Journal Author: Andrew Rickard  Date of Publication: July 18, 2016  01:29 p.m. The Fraser Institute argues that Australia’s system of mandatory individual retirement saving accounts is preferable to the Canada Pension Plan’s (CPP) collective model. In an article posted to the Fraser Institute web site last week, authors Charles Lammam and Hugh MacIntyre describe the recent agreement to expand the […]

Published By: Insurance Journal Author: Andrew Rickard  Date Published: July 22, 2016  01:34 p.m. The Ontario Securities Commission (OSC) says some advisors are not collecting and maintaining adequate Know Your Client (KYC) information, and is warning against the inappropriate use of client testimonials. The regulator is also concerned about the quality of advice that is being offered to seniors […]

Published By: Insurance Journal Author: Andrew Rickard  Date Published: June 30, 2016  10:03 a.m. Once they begin collecting their Old Age Security (OAS) payments at age 65 the typical Canadian will live about twenty years, but those who were born outside of the country tend to live a little longer. The Office of the Chief Actuary, which operates […]