I’m going to have to pay myself a salary soon, and I’ve been learning a lot about the different taxes that one has to pay, both on the employer and the employee side of the equation! Canada has always been known for having a relatively high level of taxation, but as I’ll soon show you, [...]
Archive for the 'Economics' Category
Filed under Economics,General Reviews,Miscellaneous,Saving Your Money
How Much Do You Pay in Payroll and Income Taxes? Here’s an Overview of Canada’s Income and Payroll Taxes for 2012, by Province
35 Comments Kevin on Jun 18th 2012
Filed under Economics,Growing Your Wealth,Investing,Market Analysis,Miscellaneous,Opinion,Saving Your Money
Getting Screwed Out of Your Hard-Earned Capital: How CDs and GICs Are Rip-Offs for Long-term Investing
Is there such a thing as a guaranteed rate of return? There seems to be a trend for people to “flock to safety” by buying certificates of deposit (CDs) or their Canadian equivalent, guaranteed investment certificates (GICs). There is no risk if a capital loss, at least in nominal terms. However, money is [...]
39 Comments Kevin on May 9th 2012
Filed under Economics,Miscellaneous,Opinion,Philosophy
Canada’s New Budget: A Paradigm Shift – Although a Small One
The following post is by staff writer Teacher Man, who writes at My University Money. While the budget that was announced last week wasn’t exactly revolutionary (despite what political spinsters on either side might have you believe) I believe that it was a small step in an overall paradigm shift that is subtly taking shape [...]
7 Comments Teacher Man on Apr 4th 2012
Filed under Economics,General Reviews,Miscellaneous
Comparative Advantage: I Hired Two Fellow Bloggers, and It Was a Great Decision!
There is a concept in economics known as comparative advantage. The idea is that we are better off by specializing in the things that we are good at, and trading with others for the things that they are good at. We’re all better off as a result. It doesn’t even matter if one person is better than [...]
17 Comments Kevin on Oct 27th 2011
We’re entering a new season, nearly three years after the beginnings of the worldwide recession. Government stimulus plans have not turned things around; in fact, they have added significantly to the debt without much to show for it. Will Europe get over their debt woes? Will China save us all? Where do we go from [...]
5 Comments Kevin on Sep 13th 2011
