yurong Huang

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Canadian Millennials Fret More About Savings Than Any Other Age Group: Study

Millennials fret big time about saving. But what exactly are they saving for?<p>The study, titled "The Personal Balance Sheet," asked 1,018 Canadians …

Personal Finance

Kindergarten can be costly for parents, even without the ‘embellishments’

When Kerry K. Taylor wrote the last $900 monthly cheque for her daughter's daycare recently, she did a happy dance – albeit a temporary one.<p>No sooner had the Toronto personal finance writer exhaled a sigh of relief that 4 1/2-year-old Chloe would be starting kindergarten in the fall than she …

Public servants could face tax complications after pay system issues

Accountants are warning that the coming tax season could be a nightmare for the tens of thousands of public servants who were paid improperly as a result of problems with the federal government's new Phoenix compensation system.<p>More than 80,000 federal workers – nearly one-third of the public …

Denley: Health care is too important to leave to government

When it comes to health care, Ontario has a big problem and the ugly dispute between the government and our doctors is just a symptom. Plainly put, …

BMO study finds Canadians preoccupied with tackling debt

A recent survey by BMO Wealth Management finds that more Canadians are primarily preoccupied about tackling their debt loads, which means they've been putting saving in the back-burner. CTV Chief Financial Commentator Pattie Lovett-Reid has the details.

Will smartphones make my passport, driver's licence obsolete before 2030?

Packing for holidays, road trips or even getting ready to hit the sales is about to get much, much easier.<p>No matter how well you've packed or how …

The sectors that dividend stocks are most vulnerable to a sell-off

With interest rates expected to plumb record lows for even longer, Canadians now face the difficult task of figuring out which sectors still have the potential to attract investor money.<p>As commodities crashed over the past four years, investors piled money into industries that paid high dividend …

Apple Pay now supported by President’s Choice Financial, Tangerine for credit card purchases

Two more banks have joined the list of financial institutions that support Apple Inc.’s mobile payment technology Apple Pay in Canada.<p>On Tuesday, …