Weekend Reading: Vacation Staycation Edition

What a Lethbridge Staycation Looks Like

It’s vacation time for the next two weeks and while I’ll certainly enjoy the sunshine, and these record setting temperatures, we don’t have any plans to leave southwest Alberta. Yes, that means a staycation, which is perfectly fine with me. So, instead of venturing into B.C. for two weeks, this year we’ll make a few…

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Weekend Reading: Income Sprinkling Edition

Income Sprinkling

This week Federal Finance Minister Bill Morneau took aim at a tax strategy used by small businesses and private corporations called income sprinkling. Under current rules, anyone who owns shares in a private corporation can receive dividends without having to actual contribute to the business. Small business owners use dividend sprinkling to pay their lower…

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Weekend Reading: Rate Hike Drama Edition

Knowlton Nash 21% interest in 1980

As was widely predicted, the Bank of Canada raised its key interest rate by 0.25 percent last week, sparking interest rate drama across the nation about what this ‘means for you’, along with cries from mortgage professionals to ‘lock-in your rates’. I suppose it’s newsworthy considering the BoC hadn’t raised rates in seven years, but…

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Weekend Reading: Canada 150 Edition

Red Rock Canyon

Happy Canada Day! We hope you all get a chance to enjoy the Canada 150 celebrations happening across the country. We’re driving southwest to Waterton Lakes National Park to hike The Bear’s Hump and take in the beautiful scenery at this UNESCO World Heritage Site. We’ll also check out Red Rock Canyon and hopefully spot…

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Weekend Reading: The Canada Project Edition

The Canada Project

The Canada Project, a survey launched by Maclean’s to mark Canada’s 150th birthday, explores what Canadians love about their country, and what they’d like to see improve. There’s some fascinating information coming out of the survey: how we feel about travel and transportation, about our patriotic drinking habits, and why we hate Nickelback. Several other…

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Weekend Reading: Checking In On My Goals Edition

Checking in on my financial goals

We’re almost halfway through 2017 already and it’s a good time to reflect on my financial goals for the year and check in on my progress. To summarize, I wanted to max-out all of my unused RRSP contribution room, start catching up on TFSA contributions, pay off our home equity line of credit, max-out the…

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Weekend Reading: Debt Binge Edition

Weekend Reading: Debt Binge Edition

Not a week goes by without hearing how Canadians are struggling with household debt. We’re taking on too much mortgage debt, using our homes as ATMs via home equity lines of credit, we’re financing brand new vehicles, and we’re not paying off our credit card balances in full each month. A new report from the Financial Consumer…

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Weekend Reading: Calgary Marathon Edition

Calgary Marathon

I’ve been slowly upping my running game and this weekend my wife and I head up to Calgary to race in the Scotiabank Calgary Marathon. I’m still a step behind my wife, who is a more seasoned runner, so I’m entered in the 10 kilometre race while my wife attempts her first half-marathon. I’m aiming…

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Weekend Reading: May Long Edition

May Long Weekend Edition

Welcome to another edition of weekend reading and I hope you’re all having a terrific May long weekend. Grab a coffee or tea and take some time to enjoy the finest hand-curated selection of Canadian personal finance and investing articles from around the web this week. If you’re looking for even more of a weekend reading experience, join…

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