The Bank of Canada has accelerated work on a central bank digital currency (CBDC) in response to Covid-19 and its impact on cash usage, says a senior official who nevertheless cautions that a digital loonie is still not a "forgone conclusion".
US, UK, France, Germany and Japan register sharp rises in new company registrations
The CARES Act, which was passed in the spring, established an above-the-line deduction, allowing a write-off of up to $300 in cash donations to charity this year.
Despite challenges brought on by COVID-19, Canadians moving forward with relationships and renos, TD survey shows
Our latest perspectives on the coronavirus outbreak, the twin threats to lives and livelihoods, and how organizations can prepare for the next normal.
SS&C Advisor Insights survey, conducted in association with Horsesmouth, expressed that fundamental changes are happening and will continue once they reopen their offices to asset managers.
Fidelity Investments suggests a retirement savings rule of thumb for individual which calls for saving 1x your salary by age 30, 3x by 40, 6x by 50, 8x by 60 and 10x by age 67.