The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Retirees still forking out cash to their kids
A U.S. survey shows that even parents old enough to have retired are still providing financial support to their kids. The concern here is that retirees are dipping into savings that they’ll need later on.
Could the loonie fall further?
The Economist’s Big Mac index attempts to show how under or overvalued global currencies are against each other. Here, you’ll find the Canadian dollar is still apparently overvalued, even after a massive decline in the past year.