BMO to buy Air Miles after the rewards program’s owner filed for bankruptcy

You can breathe a sigh of relief, Canada—your Air Miles are safe.  Did Air Miles go bankrupt in Canada? Less than a day after word got out that Loyalty Ventures…

How much money do you need to retire in Canada? Is it really $1.7 million? 

Retired Money highlights Canadians think they need $1.7 million to retire, according to a BMO poll How to save $1.7 million in RRSPs Other factors for determining how much you…

Reading the “Annual Returns of Key Asset Classes”—what it means for Canadian investors

Back in the day, I always enjoyed perusing the annual asset class rotation chart that investment giant Franklin Templeton used to distribute to financial advisors and media. Even though it’s…

Making sense of the markets this week: October 16

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors. U.S. earnings remain strong It looks more…

Making sense of the markets this week: October 9

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors. Bad news is good news for Canadian…

Making sense of the markets this week: October 2

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors. Bears are beating the bulls this year,…

Tontines in Canada: Moving from theory to practice as a solution to our retirement crisis

For years in his academic papers and some of his 17 published books, famed Canadian finance professor Moshe Milevsky described the history and theory behind a seemingly obscure retirement/longevity insurance…

Making sense of the markets this week: September 25

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors. The inflation mountain: What the descent may…

Making sense of the markets this week: September 4

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares the financial headlines of the week and offers context for Canadian investors. Profit margins set…

Making sense of the markets this week: August 7

This week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. Does this earnings season matter much? Or at all?  The stock markets are silly.…