the economy

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

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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

Economist Paul Krugman has a Dark Idea about the Iran War

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Economist Paul Krugman has a Dark Idea about the Iran War

Last week, President Donald Trump made two ridiculous moves on Iran. He began by threatening to “destroy” Iran’s energy plants unless the Strait of Hormuz was safely opened. He gave a deadline of 48 hours. Then, before that deadline came, Trump backed down. But minutes before he did, the oil markets saw a huge spike … Read more