Michele Mannerow
167 10th Street West N4K3R1 Owen Sound, ON, Canada

2020 certainly was unprecedented in financial markets. The toll that the global pandemic took on the Canadian and global economy cannot be understated, and there will be knock-on effects in both the near and long term.

A great place to start is by looking at your financial resolutions. What do you want to change about your spending and saving habits? Let’s see if your resolutions are in sync with these top five for 2021.

Update from the "RED ZONE" The road blocks are being moved, lines being painted, and rumors that the bridge might even be done ahead of schedule. What a nice early Christmas present that would be.

Building a profitable and sustainable business requires time, patience and hard work. During the startup years, owners of Canadian-controlled private corporations often forgo payment of salary, dividends or other remuneration in favour of reinvesting in the business. At some point, however, personal living costs require cash flow from the corporation.

What a start to winter! If you plan on staying warm inside today please check out our brand new winter issue of Grey-Bruce Boomers, exclusively online at www.greybruceboomers.com http://greybruceboomers.sociallink.top/nh0hapn

The whole working-from-home thing

Congratulations on repaying your mortgage (you know who you are!) Every milestone is a success!

Almost every working Canadian eventually wants to buy a home. And most end up doing so, given the home ownership rate is more than 66 per cent. Take out young people who can’t yet muster the down payment and the lowest quartile of income earners, and the ownership rate rises to about 90 per cent. It might come as a surprise, then, that owning is not always better than renting. Even more counterintuitive, renting would have been the better option for anyone who retired in the past decade, in spite of the hot housing market.

It costs on average $233,610 to raise one child. For most, that’s a significant chunk of change. If you and your spouse are curious about the financial ramifications of having a child earlier or later in life, there are plenty of pros and cons to consider.

The pandemic has resulted in ramped up online shopping. Here are some tips to safely buy online.