Cautionary current on home equity loans and mutual funds
Canadian Business by Garth Turner questions using a second mortgage to fund mutual funds. The columnist warns about gutting home equity, upfront sales fees, and market volatility, noting tax changes and political risk could ruin gains. He criticizes the financial planning industry and stresses prudent, informed choices.
MENTIONED IN THIS ARTICLE
Oh Hie
Mike
Mikes
John Turner
Royal Trust
Chris Snyder
Opus Financial
Robert Pierce
Rural Transition aid project eyed by Canada agriculture
Neighborly News outlines the planned Rural Transition program from the Canada Department of Agriculture. John Donald explains two offered forms of help: financial grants up to about 100 dollars a day and training, with emphasis on voluntary participation and targeting farm families leaving farming for new livelihoods. Applications may begin soon, likely by Labor Day, with implementation to help bridge income gaps during the transition.
MENTIONED IN THIS ARTICLE
Canada Department of Agriculture
John Donald
Also Mentioned on This Page
Hamiota Echo Publications Ltd
P.O. Box 70
Hamiota, Manitoba
Romoto
U.S.A
England
F. D. (Don) Venables
Community Newspapers Association
By Garth Turner
Canada
Norman Angell
Ottawa
Walter Gordon
John Kenneth Galbraith
John
Toronto Sun
By Fred McGuinness