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Aug 31 2012 - 1:18pm
The demand for downtown office space in Calgary just keeps rising. Although this has lead to some fierce competition for commercial real estate, it is also a good sign that the economy in the region continues to grow and the city's residents' finances may be improving. "If you look at today's rates, everybody's going 'Oh, the market's so tight, it's hot...
Aug 30 2012 - 1:55pm
Certain financial experts and politicians believe that a truly cashless economy is crucial for the modern economy to fire on all cylinders. Allowing consumers to easily and securely transfer funds without the need of cumbersome, easy-to-lose paper and metal can help the market move fluidly and grow quickly. In many ways, this economic model is already well on its way. Every year...
Aug 30 2012 - 3:43am
College can be a great time for young adults to mature and acclimate themselves to a freer, less structured period of their lives. This can mean staying up later, taking responsibility for their studies and preparing their own food. It is also a time when many of them first learn to manage their own finances. This can be an exciting time for many college students, but it can also be an...
Aug 29 2012 - 1:41pm
Every year, the summer slowly fades into autumn. The temperature drops, the days shorten and life returns to a more normal schedule. As this happens, many Canadians find themselves in need of a new wardrobe. Shorts, sundresses and sandals must be replaced with sweaters, jeans and boots. While this yearly churn offers consumers a chance to update their wardrobes get a feel for the latest...
Aug 28 2012 - 1:12pm
A new report conducted by TransUnion reveals that Canadians are borrowing more money than at any point since at least 2004, which is when the company began tracking the figure. The data, from the second quarter of this year, suggest that the average Canadian consumer carries $26,221 in debt, not including mortgages. This figure is 0.74 per cent higher than the first quarter of 2012 and 2.41...
Aug 27 2012 - 1:11pm
College, although an important milestone for any young adult, can be incredibly expensive. In Canada, an average year of a university education sets a student back $5,366, according to Statistics Canada. That total accounts only for tuition. When you throw in housing, supplies and other expenses, that total leaps to nearly $15,000. Faced with this hefty sum, many Canadian students are...
Aug 27 2012 - 9:54am
Online shopping continues to gobble up a larger share of the marketplace. Lured by low prices, wide variety and superlative convenience, consumers shift more of their transactions to the web every day. If this trend continues, merchants who do not offer online purchases will likely find that they are sacrificing a large portion of their possible sales and revenue. However, before it...
Aug 26 2012 - 1:34pm
Every year, debit cards and credit cards make their way into more industries. Canadians have adapted to using plastic for everything from booking flights and paying utilities to buying household goods and cars. In every venue where consumers crave convenience and security,...
Aug 24 2012 - 1:56pm
The beginning of September is perhaps the busiest time of the year for moving, shipping and relocation. New students pile into dorms, recent graduates find their first apartment and professionals switch apartments for an upgrade or to be closer to a new job. This time can be very hectic and often involves a fair amount of last-minute purchases and unforeseen expenses. To prepare...
Aug 23 2012 - 1:25pm
Even as traditional retail remains static across Canada, online commerce in the country has been leaping. Across most segments, e-commerce has continued its rapid climb, and the first half of 2012 was no different. According to the new...
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