The goal of insurance is to reduce financial uncertainty and provide security in the case of an unexpected loss. Here are the different kinds of insurance available.
A currency is said to be undervalued when its foreign exchange value is lower than it should be, and leads to a lower purchasing power than it would be in other countries.
A currency is said to be overvalued when its foreign exchange value is higher than it should be, and leads to a higher purchasing power than it would be in other countries.
It can seem daunting to enter into adulthood without understanding personal finance, how to manage and grow your money, or even do your taxes. But don't worry, you're not alone! Let us walk you through some key areas to help you get your finances in check as you blast off into adulthood.
Credit markets were “relatively subdued” in the second quarter in both Canada and the U.S. amid falling interest rates, while leveraged and high yield markets continued to show added risk. Check out the highlights from Canso Investment Counsel Ltd.’s latest Corporate Bond Newsletter.
If you’re planning a big trip abroad, thinking about how you’ll exchange your money can go a long way toward saving you fees – and avoiding potential scams. Here’s what you need to consider.