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alberta
Alberta halts rate hikes on auto insurance for private passenger vehicles for 2023
Travis Toews makes a comment during the United Conservative Party of Alberta leadership candidate's debate in Medicine Hat, Alta., Wednesday, July 27, 2022.THE CANADIAN PRESS/Jeff McIntosh
report on business
Sun Life unit inks $260-million deal with Hong Kong-based Dah Sing Ban
FILE PHOTO: FILE PHOTO: The Sun Life Financial logo is seen at their corporate headquarters of One York Street in Toronto, Ontario, Canada, February 11, 2019. REUTERS/Chris Helgren//File Photo/File Photo
young money
Do younger Canadians need life insurance?
A couple is silhouetted against moonlight reflecting off the Missouri River as they watch the full moon rise beyond downtown buildings in Kansas City, Mo. June 27, 2018. According to insurance tech company Zelros, younger people are less likely to have life insurance, with just over half of those aged 18-34 covered by life insurance. But experts say the decision about whether to get life insurance isn’t about how old you are. THE CANADIAN PRESS/AP/Charlie Riedel
canada
Ontario expanding private health-care delivery
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canada
Ford government poised to announce potential boost for private health clinics
Ontario Premier Doug Ford speaks during a press conference at a Shoppers Drug Mart pharmacy in Etobicoke, Ont., on Wednesday, January 11, 2023. THE CANADIAN PRESS/ Tijana Martin
opinion
For financial stability, we need more insurance on customers’ bank deposits
Andrew Moor and Michael Mignardi
retirement
Do retirees need to pay for private health insurance?
Yvonne Payne a big supporter of having medical insurance in retirement. She is photographed in her Toronto home on December 9, 2022. JENNIFER ROBERTS/THE GLOBE AND MAIL
report on business
Ontario’s insurance regulator orders Greatway Financial to overhaul training of advisers
Canadian $100 bills are counted in Toronto, Feb. 2, 2016. The Financial Services Regulatory Authority of Ontario says anyone using the financial planner or advisor title will soon be overseen by a credentialing body and subject to a complaints and discipline process. THE CANADIAN PRESS/Graeme Roy
international business
Ship insurers to cancel war risk cover for Russia, Ukraine starting Jan. 1
FILE PHOTO: A cargo ship boat model is pictured in front of Ukraine's and Russian's flags in this illustration taken March 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
carrick on money
‘There is no fun spin on reality – 2023 will be brutal on a lot of families’
Rob Carrick
canada
ICBC applies to regulator for two-year rate freeze on basic auto insurance
An ICBC driver examiner wearing a face mask, safety glasses and gloves prepares to place a plastic cover over the passenger seat before a driver takes a road test in Richmond, B.C., on Monday, July 20, 2020. Non-commercial road tests resumed in the province on Monday after approximately 55,000 appointments were cancelled due to COVID-19. ICBC is planning on hiring and training more examiners and opening additional testing locations to deal with the backlog. THE CANADIAN PRESS/Darryl Dyck
driving concerns
Do I have to pay an out-of-province photo-radar ticket?
A speed limit sign in Canada, sign states the maximum speed is 50 km/hr is that area.
international business
G7 oil price cap not to blame for Turkey tanker queues, EU says
Crude oil tanker New Vision, carrying Kazakh oil, is pictured at the Dardanelles Anchorage off Sarkoy near Tekirdag, Turkey December 9, 2022. REUTERS/Yoruk Isik
report on business
Banks get court approval to host virtual or hybrid AGMs for another year
The Bay Street Financial District is shown next to the CN Tower in Toronto on Friday, Aug. 5, 2022. Canada's most prominent banks and insurers say they are sticking with the virtual or hybrid annual general meetings they adopted during the COVID-19 pandemic for another year. THE CANADIAN PRESS/Nathan Denette
tax matters
This holiday season, don’t be like Scrooge and give to charity
Tim Cestnick
report on business
Desjardins to acquire Guardian Capital’s insurance, wealth management operations for $750-million
A Caisse populaire Desjardins sign is seen in Montreal on June 18, 2019. THE CANADIAN PRESS/Paul Chiasson
canada
Canada’s disaster aid system is overwhelmed, leaving victims to rebuild on their own
globe advisor: top advisors
Why these equities are the ‘most exciting trade’ for Canada’s top wealth advisor
A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance.
report on business
TD Insurance agrees to settle lawsuit over pandemic travel claims
Travellers wait in line at a Sunwing Airlines check-in desk at Trudeau Airport in Montreal, Wednesday, April 20, 2022. THE CANADIAN PRESS/Graham Hughes
report on business
Hurricane Fiona the most costly extreme weather event recorded in Atlantic Canada, insurers say
Remnants of destroyed cottages still line the road in Rustico, PEI on Tuesday, October 11, 2022—nearly three weeks after post-tropical storm Fiona made landfall in the Maritimes. Darren Calabrese/The Globe and Mail
arts
Loreena McKennitt on the dollars and sense of pandemic concert tours
Loreena McKennitt, shown in this undated handout image, is planning a two-week regional concert tour in Ontario this winter amid much uncertainty in the live music industry. THE CANADIAN PRESS/HO-Richard Haughton **MANDATORY CREDIT**
advisor news
What to consider in financial and estate plans for people without children
Rear View Of Mature African American Couple Walking In Countryside
canada
Female doctors in Ontario earn 34 per cent less on average, even in fields they dominate, Globe analysis finds
Paramedics and ambulances are seen outside the emergency department at Burnaby Hospital in Burnaby, B.C., on Monday, May 30, 2022. THE CANADIAN PRESS/Darryl Dyck
canada
Prime Minister Justin Trudeau tours storm-hit Newfoundland, pledges $10-million in relief
Canada's Prime Minister Justin Trudeau speaks with Gudie Hutchings in the aftermath of Hurricane Fiona in Port Aux Basques, Newfoundland, Canada September 28, 2022. REUTERS/John Morris
your practice
Retiring advisors need more support from dealers and associations
Senior businessman collaborating with younger manager
report on business
Insurance claims from Hurricane Fiona could reach $700-million, but flood damage from storm surge won’t be covered
Search and rescue crews overlook the coastline in the aftermath of Hurricane Fiona in Port Aux Basques, Newfoundland, Canada, September 27, 2022. REUTERS/John Morris
energy and resources
U.S. official rules out secondary sanctions for Russian oil price cap
FILE PHOTO: A view shows a flare stack at Rosneft's oil stabilisation facility outside the town of Neftegorsk in the Samara Region, Russia September 6, 2022. REUTERS/Alexander Manzyuk//File Photo
canada
Ottawa to deliver financial aid for uninsured people affected by post-tropical storm Fiona
People remove items from damaged buildings that were moved from their position by the hurricane in the aftermath of Hurricane Fiona in Port Aux Basques, Newfoundland, Canada September 25, 2022. REUTERS/John Morris
hockey
Hockey Canada reveals large chunk of player insurance fees go to National Equity Fund
cost of living
How to avoid sticker shock and lower your car insurance premiums
FILE PHOTO: Cars drive in heavy traffic on the Gardiner Expressway in Toronto, June 29, 2015. REUTERS/Mark Blinch/File Photo
international business
Digit Insurance’s planned IPO put on hold by Indian watchdog
FILE PHOTO: The logo of the Securities and Exchange Board of India (SEBI) is pictured at its headquarters in Mumbai, India, March 1, 2017. REUTERS/Shailesh Andrade/File Photo
inside the market
‘The most discredited financial instrument in history’ makes comeback in Canada. Will it solve a problem with retirement savings?
A digital tablet tests on top of various documents pertaining to financial subjects such as life insurance.
report on business
Insurers see leap in claims for mental health services amid pandemic strains
People walking past the Bank of Nova Scotia, on Bay St. in Toronto’s Financial District are photographed on July 12, 2022. Fred Lum/The Globe and Mail.
advisor news
Why prenups are no longer just for the wealthy
cake-topper wedding couple and a pre-nuptial agreement
carrick on money
An argument for cracking open your TFSA
Rob Carrick
report on business
Sun Life signs deal to buy majority stake in Advisors Asset Management for US$214-million
FILE PHOTO: The Sun Life Financial logo is seen at their corporate headquarters of One York Street in Toronto, Ontario, Canada, February 11, 2019. REUTERS/Chris Helgren/File Photo