Tag: finance.yahoo.com

Return to office policy risks the future of the federal public service

PIPSC’s survey says a significant number of public service professionals are considering leaving their roles

OTTAWA, ON, June 15, 2023 /CNW/ – More than one-third of public service professionals are so unhappy with the government’s one-size-fits-all return to office order that they are considering leaving their roles. For workers under 30 – the most demographic concerned with the cost of living, child care and the environment – ​​that number jumps to almost 50%.

“When nearly one in five members of the federal public service is over the age of 55, approaching retirement age, we cannot afford to lose half

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Stocks rally as investors shake off ‘hawkish’ Fed: Stock market news today

Stocks rallied on Thursday after a muted opening on the heels of the Federal Reserve’s “hawkish hold” on Wednesday, which suggested more rate hikes are likely later this year while rate cuts in 2023 are now off the table.

At the closing bell, the S&P 500 (^GSPC) was up about 1.2%, while the Dow Jones Industrial Average (^DJI) added 400 points, or 1.2%. The technology-heavy Nasdaq Composite (^IXIC) climbed roughly 1.1%.

Early Thursday, data showed retail sales in May were stronger than expected in the US. Investors were also digesting news from the European Central Bank, further raising rates as

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Canada’s wildfires are a reminder that climate warriors are all wrong

Environmentalism that’s all passion and no reason does no good for anyone — or even for the environment.

One sign of how unhinged greens have gotten is the rush to blame climate change for the Canadian wildfires that blanketed the Northeast with smoke and toxic air last week.

City Comptroller Brad Lander called the fires “a smoke signal that it’s time to stop” financing “fossil fuel” projects, while Rep. Alexandria Ocasio-Cortez cited the smoke (and a Puerto Rican heatwave) to demand we “adapt our food systems, energy grids, infrastructure, healthcare, etc. SMOKE.”

Yet there’s zero evidence of climate change sparked

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How to uncover and address your teen’s money fears

Rumor has it that teenagers only worry about their phones and their friends. But what if they worry about money, too?

Research from the 2022 Junior Achievement Teens & Personal Finance Survey found that over 54% of teens feel unprepared for their financial futures. One way parents could help their kids feel more prepared is by addressing their money fears.

UNCOVER YOUR TEEN’S MONEY FEARS

There are several ways to learn about your teen’s money fears, but a good place to start is by looking at yours.

“(Parents) have to look at their own issues because what you bring to

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Canada’s big banks log 13-fold rise in loan loss provisions

Canada’s big five banks this week collectively set aside the most money for loan losses since 2020, as concerns about an economic slowdown and higher defaults in commercial real estate mount.

The country’s top five lenders, which all reported earnings this week, logged a combined C$3.37bn (US$2.48bn) in credit loss provisions in the first three months of 2023, C$1bn more than the previous quarter and up almost 13-fold year on year.

“The higher provisions quarter-over-quarter [are] due to a more unfavorable macroeconomic outlook,” Phil Thomas, the Bank of Nova Scotia’s chief risk officer, said on the bank’s earnings call. “This

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BLM finances under fire: Only 33% of donations given to charities as execs paid millions

WASHINGTON (TND) — Black Lives Matter’s finances are under scrutiny once again, as tax documents show the nonprofit is on the brink of bankruptcy. The organization ended last year in the red, while doling out millions to those close to BLM’s founders.

Following the murder of George Floyd in 2020, supporters donated a staggering $90 million dollars to Black Lives Matter. The nonprofit ended the last fiscal year with a $9 million deficit.

The federal filings from 2020 to 2022 show just a third — $30 million of the $90 million — went to other charitable organizations, with $22 million

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GOLDSTEIN: Finance Minister Chrystia Freeland’s politics of the absurd

Published May 17, 2023 • Last updated May 17, 2023 • 3 minute read

Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to the media after presenting the federal budget on Parliament Hill in Ottawa, March 28, 2023.
Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to the media after presenting the federal budget on Parliament Hill in Ottawa, March 28, 2023. Photo by Blair Gable /REUTERS

It was the $43.9-billion question Finance Minister Chrystia Freeland refused to answer.

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Opinion: In this economy, traditional personal finance advice can no longer help you

Open this photo in gallery:

Elena Delgado picks up food during a visit to the Daily Bread Food Bank on April 18. Delgado has been using the food bank once a week since the pandemic began.Fred Lum/the Globe and Mail

Saijal Patel is the founder and chief executive officer of Saij Wealth Consulting, a consultancy and education platform dedicated to empowering women’s financial independence and security.

As a financial educator and a business TV host, I’m witnessing first hand the profound impact that recent economic changes have had on the psyche. There’s a notable shift in conversations – from

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