The Fed’s Logan said US oil producers are unlikely to provide near-term relief for consumers

The Fed's Logan said US oil producers are unlikely to provide near-term relief for consumers

Written by Michael S. Derby April 2 (Reuters) – Dallas Federal Reserve President Lorie Logan said on Thursday that U.S. oil producers are unlikely to increase production and protect consumers from higher gasoline prices in the near future. The price US producers say they need to see to start drilling is just shy of $70 … Read more

RRSPs and RRIFs are intended to provide retirement income. But the tactics are very different

RRSPs and RRIFs are intended to provide retirement income. But the tactics are very different

I’ve heard people say that a RRIF is just an extension of an RRSP. It’s not true! These two plans are linked in that they are both designed to save for retirement. But their goals are different, which means that the tactics involved must be the same. The purpose of an RRSP is to build … Read more