The best of the Web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Boomers A Burden On Society?
Talk about our aging population has led to suggestions that the baby boom generation is a financial drain on society. It says here that boomers are carrying their weight economically by working past the usual retirement age and creating jobs as entrepreneurs.
The Taxman And Dividends
The federal dividend tax credit is being reduced again as corporate tax rates decline. Read here about what the impact will be on dividends you receive in non-registered accounts. There’s a tiny bit of good news here for seniors whose OAS benefits are clawed back to some extent as a result of the dividend gross-up.
Investor Protector Needs Protection
Here’s an update on what’s happening with the Ombudsman for Banking Services and Investments, which is a court of last resort for investors who have disputes with their bank or investment firm. Some financial firms don’t like the job OBSI’s doing and this raises questions about the future of this essential organization.
Here’s a column I wrote on OBSI in which I suggested some ways people can show support for the organization.
How Humidity Saves Money
Having a humidifier in your home doesn’t just make things more comfortable in the winter, it can also save you money.
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