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Showing posts from April, 2014

Rethinking about retirement

Pension plans are a thing of the past, the future of social security is uncertain, and baby boomers are rushing toward retirement in record numbers. Now, more than ever, the onus lies on each of us to ensure a financially stable retirement. Yet like most good habits, despite knowing what's "best" for us, Americans are failing to prioritize saving for the future in favor of more pressing (and often short-term) financial concerns.

Americans are thinking about retirement, but too few are taking action to build a nest egg. More than ever, Americans are responsible for ensuring their own financial security during retirement. Using the resources available to them, it's time to be financial savvy and create a path that helps lead toward long-term security and a well-deserved retirement.

Chinese overseas real estate investment

As property prices cool in Hong Kong and Singapore, which have long been magnets for Chinese investment, more money is flowing to real estate markets such as New York, London and Sydney. Chinese have overtaken Russians for the first time as the biggest buyers of apartments in Manhattan, according to real estate brokers.

Chinese buyers invested $13.5 billion in overseas property last year, compared with $6.3 billion a year earlier, according to real estate consultancy Savills.

China's social media platforms such as QQ, WeChat and Weibo are hugely popular among younger property buyers, many of them 20-something scions of China's wealthy families. They are driving a new phase of Chinese outbound property investment that is expected to grow 20 percent per year in the coming decade.

Toronto Police are reminding pedestrians to observe the following safety rules

Do the BRIGHT thing! Wear bright or light-coloured clothing or reflective strips when possible, when walking in dusk or darkness.Be alert, visible and aware of what is around you at all times on any road.Cross the street at marked intersections and crosswalks.Obey traffic signals and signs.Look all ways before you cross the street.Watch for traffic turning at intersections or entering and leaving driveways.Cross the road when traffic has come to a complete stop and make sure drivers see you before you cross.Play in a safe area away from road traffic or near parked carsDo not wear distracting equipment such as headphones when crossing the road.Walk on the left side of the road, facing traffic, when there are no sidewalks available.

Apple reports better than expected earnings

Apple made $45.7 billion with a profit of $11.62 per share in its fiscal second quarter. 

The company is hiking its quarterly dividend by eight per cent to $3.29 and boosting its stock buy-back plan to $90 billion. Apple has also announced plans for a seven-for-one stock split. 

The company sold 43.7-million iPhones in the three-month period.

The 10 most stolen vehicles in Canada

According to Insurance Bureau of Canada, the 10 most stolen vehicles in Canada based on theft claims submitted to insurers are: 2000 Honda Civic SiR2006 Chevrolet Trailblazer SS2002 Cadillac Escalade2005 Cadillac Escalade2006 Ford F350 SD2005 Cadillac Escalade ESV2006 Acura RSX Type S2007 Ford F250 SD2007 Ford F350 SD2003 Acura RSX Type S

New Immunizations Required for Children

All children need to have certain immunizations against diseases in order to attend school in Ontario. For the 2014/15 year several new immunizations are required.
Children will need to be vaccinated for:meningococcal diseasewhooping coughchickenpox (for children born in 2010 or later)These immunizations are in addition to the ones already required. Some of the doses required have also changed.

If you are not sure if your child has received all the necessary immunizations, you can check with a doctor, nurse practitioner or your local public health unit. You can also find information on the vaccines required for children in Ontario’s Routine Immunization Schedule. Children who do not have updated immunizations may not be allowed to attend school.

You can find more information on this topic in the article What immunizations does my child need?

Doors Open Toronto 2014

Doors Open Toronto presented by Great Gulf introduces its full list of new and returning buildings, an exciting speakers series, city-wide walking tours and special programming for 2014. The details are now available online at

The 15th annual weekend celebration of architecture takes place Saturday, May 24 and Sunday, May 25, offering rare access to more than 155 architecturally, historically, culturally and socially significant buildings across the city. This year's theme is Secrets and Spirits… Exploring the Mysteries Behind the Door.

On May 24 at the new Fort York Toronto Library Branch, audiences can hear six influential architects speak on Redesigning Toronto, a Pecha Kucha-style talk discussing the architectural and urban planning of Toronto. On May 25 at Harbourfront Centre, audiences can hear renowned urban designer Ken Greenberg reflect on Harbourfront Centre: A 40-year Legacy of Transforming the Toronto Waterfront.

Toronto City Hall will be …

The Best SUVs (by sales) In Canada And Their Fuel Consumption

The Best SUV in Canada (based on sales) is the Ford Escape, followed by the second best SUV in Canada, the Honda CR-V. The rest of the list includes:

Ford Escape
Yearly gas needed: From 1540 litres to 1700

Honda CR-V
Yearly gas needed: From 1560 litres to 1620

Toyota RAV4
Yearly gas needed: From 1540 litres to 1640

Dodge Journey
Yearly gas needed: From 1920 litres to 2860

Hyundai Santa Fe Sport
Yearly gas needed: From 1720 litres to 1960

Chevrolet Equinox
Yearly gas needed: From 1560 litres to 3020

Jeep Wrangler
Yearly gas needed: From 2240 litres to 2340

Mazda CX-5
Yearly gas needed: From 1360 litres to 1460

Ford Edge
Yearly gas needed: From 1680 litres to 2120

Nissan Rogue
Yearly gas needed: From 1620 litres to 1760

Newspaper reporter's job is the second worst career in US: Report

The job of a newspaper reporter is the second worst after that of lumberjack and it has "lost its lustre dramatically over the past five years is expected to plummet even further by 2022 as more and more print publications abandon operations", said the study.

Scotiabank sees slow growth in housing

Scotiabank says Canada’s housing market is in the process of transitioning to slower growth and will remain on a “subdued trajectory” over the next several years, imposing a modest drag on output growth as the effects make their way through the broader economy. In a new report, bank senior economist Adrienne Warren says residential investment began to stall last year as affordability constraints tempered home sales and builders scaled back the number of new developments.

Air Pollution

Toronto Air Pollution Burden of Illness Update, shows that air pollution results in approximately 1,300 premature deaths and 3,550 hospitalizations annually in Toronto. Air pollution is also known to cause cardiovascular and respiratory health problems, affect birth outcomes, and is linked to cancer, chronic diseases and other illnesses.

Hemophilia Treatments Have Come a Long Way

Gone are the days when a diagnosis of hemophilia—a rare bleeding disorder—meant you could not live a normal life. Now more treatments are approved by the Food and Drug Administration (FDA), and those with the condition can better manage their symptoms.

In addition, FDA’s regulation of the biologic products used as treatments ensures they are safe. That’s good news as thousands of people observe World Hemophilia Day tomorrow, April 17.Read this Consumer Update to learn more.

Costs related to home ownership

Mortgage term
Interest rates have been at record low levels in recent years and opinions vary widely as to if those rates are likely to be maintained, drop lower or increase in the near future. Homeowner whose budget would have difficulty accommodating any rate increase might be best to consider locking into a longer-term fixed rate. Even though a 10-year fixed rate is higher than the current variable rate, that rate is also comparatively low compared to 10-year rates of the past.
Full cost to own your home
Many first-time home buyers underestimate the initial total closing costs to purchase their home because they calculate it solely on the purchase price, without considering the other costs associated with the purchase. Additional costs include land transfer taxes, title insurance, vendor prepaid property taxes and utilities, legal fees for their solicitor and, for many people, CMHC insurance, and then there are the moving costs. Home buyers who haven't budgeted for these costs usu…

Toronto woman survives cardiac arrest

Toronto Emergency Medical Services' Safe City Program and the Mikey Network announced today that a woman in her 60s is alive today because bystanders were willing to step up and help. The woman is now recovering in hospital.

"It is very exciting to announce our first save of 2014 – and it's a great reminder of the importance of bystanders stopping to help someone in medical distress," said Gayle Pollock, EMS Safe City Program Commander. "The help the bystanders gave to this woman was a critical contribution to saving her life."

The Scarborough resident had just finished her pilates class on April 8 and was walking to her car from Variety Village when she suffered a sudden cardiac arrest and collapsed. Bystanders rushed to her aid, immediately called 911 for paramedics and started cardiopulmonary resuscitation (CPR). The automated external defibrillator (AED) readily available at the Variety Village facility was used to administer a life-saving shock before pa…

City of Toronto's family activities for Easter weekend

The City of Toronto will offer many stimulating activities at its parks, forestry and recreation attractions and historic sites this weekend.

Recreation programs, services and permits
Friday, April 18: Due to the holiday, not all recreational programs will be offered. Regularly scheduled programs and permits at all facilities will be cancelled, with the exception of scheduled tournaments or league play.

Saturday, April 19 and Sunday April 20: All programs and services will operate as usual on these two days.

Monday, April 21: Due to the holiday, not all parks, forestry and recreation programs and services will be offered on April 21. Regularly scheduled programs and permits at all facilities will be cancelled, with the exception of scheduled tournaments or league play.

Residents can contact their local community centre or visit for more information.

The following activities will be offered:

Riverdale Farm
The perfect destination for families, Riverdale Farm has cow…

FDA Broadens Its Vocabulary

The Food and Drug Administration (FDA) wants to ensure that all Americans, including those with limited English abilities, get important health information. That’s why FDA developed its Language Access Plan – to reach people with limited English proficiency in a language and manner they understand.

Read this Consumer Update to learn more.

Housing is most cost-effective treatment for mental illness: study

For every $1 spent providing housing and support for a homeless person with severe mental illness, $2.17 in savings are reaped because they spend less time in hospital, in prison and in shelters. That is the most striking conclusion of a study, obtained by The Globe and Mail, that tested the so-called Housing First approach to providing social services.

Marketing careers are expected to stay strong

According to Forbes, the outlook is rosy for marketing professionals working in the industry as marketing managers, advertising and sales representatives, marketing film and video editors, graphic designers, and market research analysts. These role players, as well as many others, are essential in bringing together the vibrant marketing content found on television and in print.

No Kidding Coupons Takes Couponing and Promo Codes to the Extreme

No Kidding Coupons (NKC / has launched an innovative extreme discount coupon site that combines the best of what shoppers love about RetailMeNot,, FatWallet and Slickdeals with an addictive gamification twist. It's a simple idea that not only makes coupon shopping fun but rewards participants with extreme coupons and high discount promo codes.

Read more:

Toronto housing starts take slight dip in March

Housing starts in Toronto took a slight dip in March, trending at 34,537, compared to 35,895 in February, according to the latest report by the Canada Mortgage and Housing Corporation (CMHC).

The stand alone monthly seasonally adjusted annual rate in March was 16,998 units, down from 38,171 in the previous month.

New-housing price index up 0.2 per cent in February

OTTAWA - Statistics Canada says its new-housing price index was up 0.2 per cent in February, following a 0.3 per cent increase in January.

New housing prices were up in almost all the Ontario cities surveyed, except in the combined region of Greater Sudbury and Thunder Bay, where prices were unchanged for the sixth consecutive month.

St. Catharines–Niagara in Ontario saw prices rise 1.3 percent, the largest monthly price increase in February and the biggest increase in the region since November 2009.

Prices in Halifax and Charlottetown slipped 0.1 per cent and 0.4 per cent, respectively. Prices were unchanged in seven of the 21 metropolitan areas surveyed.

On a year-over-year basis, the index rose 1.5 per cent in February, following an identical increase in January.