Many Canadians regret retiring, try re-entering the workforce

CIBC poll says too many people approach retirement without a plan

Many Canadians regret retiring, try re-entering the workforceWhen is the right time to retire? As many Canadians get to the age where they’re contemplating their next steps in life, a new CIBC poll indicates 27 per cent of retired Canadians regret retiring and an almost equal number – 23 per cent – have tried re-entering the labour market. The poll, which was…

Albertans’ average RRSP holdings lower than Canadian figure

Canadians of all generations are saving for retirement despite financial priorities and market volatility: BMO

Albertans’ average RRSP holdings lower than Canadian figureThe average amount of money held by Albertans in registered retirement savings plans is lower than the national average. According to a report released on Tuesday by BMO Financial Group, in 2018, the Alberta amount was $98,933. The Canadian average was $101,155, a 21 per cent increase from 2016 ($83,635). “While balances typically rise due…

Slow, steady growth on the horizon for Alberta

Pierre Cléroux of BDC talks about the province's steady emergence from recession and why the oil industry will remain a key factor

Slow, steady growth on the horizon for AlbertaPierre Cléroux is vice-president or research and chief economist at BDC (Business Development Bank of Canada). What’s your sense of where the Alberta economy is and what its outlook is for 2019? Cléroux: I think the economy is going to have slow growth for 2019 and we’re going to see more growth for 2020. The…

Consumer spending growth lowest in four years

This is a trend we expect to continue throughout 2019: Moneris Solutions Corp.

Consumer spending growth lowest in four yearsConsumer spending in Canada rose by three per cent year over year in the fourth quarter of 2018. That marked the lowest increase for the year and the lowest quarterly growth in four years, according to Moneris Solutions Corp., Canada's largest processor of debit and credit payments. Quebec and British Columbia saw above-average increases of…

Operating profit margin up for Alberta architects, landscapers

Operating profit margin was 13.7 per cent in 2017 compared with 12.9 per cent in 2016

Operating profit margin up for Alberta architects, landscapersStatistics Canada reported on Thursday that the combined operating revenue of architectural and landscape architectural service industries in Alberta rose to $612.4 million in 2017, up from $604 million in 2016. The federal agency said operating expenses also rose to $528.3 million from $525.8 million the year before. Salaries, wages, commissions and benefits in the…

Regular EI beneficiaries down in Calgary and Edmonton

The number of recipients in Canada declined by 13%, with all provinces recording year-over-year decreases

Regular EI beneficiaries down in Calgary and EdmontonThere were 46,200 Albertans receiving regular Employment Insurance benefits in November, 1.5 per cent fewer than in October, according to Statistics Canada. The number of EI beneficiaries was down 680 from the previous month. On an annual basis, that was also down by 17,250 or 27.2 per cent. “In general, variations in the number of…

Using video to build brands and make emotional connections

Paul Bzeta of Kicker Video talks about how marketing in the digital age is evolving

Using video to build brands and make emotional connectionsPaul Bzeta is CEO of Kicker Video. Paul spoke with Calgary's Business's Mario Toneguzzi Tell me what Kicker is and what it does? Bzeta: Kicker produces video content for B2B clients in Canada and the U.S. Videos that help our clients explain their products and services in a simple way in order to drive new leads,…

Alarm raised over Canadians’ levels of debt

MNP survey shows 46% of Canadians are $200 or less away from financial insolvency at month-end.

Alarm raised over Canadians’ levels of debtCanadians are more worried today about debt, interest rates and personal finances. And they should be. According to the latest MNP Consumer Debt Index conducted by Ipsos, 46 per cent of Canadians are $200 or less away from financial insolvency at month-end. That’s up from 40 per cent in September. And 31 per cent of…

Lowe’s Canada on a hiring spree across Canada

Lowe’s Canada on a hiring spree across CanadaLowe’s Canada announced Wednesday it is looking to fill more than 6,350 full-time, part-time, and seasonal positions across the country this spring. These positions are in addition to some 150 positions currently being staffed in connection with the completion of the consolidation of Lowe's Canada's operations at the head office in Boucherville, in the Greater…
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