Canadians well prepared for retirement say study
The C D Howe Institute report by Malcolm Hamilton argues most Canadians save more than five percent and can retire on less than 70 percent of pre retirement income. It says early life goals like buying a home strain budgets, then conditions improve. It urges targeted programs beyond national pension plans to meet individual needs.
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Bell Media chief draws backlash over Netflix VPN stance
Bell Media president Mary Ann Turcke urged that Canadians should feel shame for using VPNs to access U S Netflix and labeled it stealing. She compared VPN use to stealing and recalled disciplining her daughter for the same, while critics and supporters debated the ethics and legality online.
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Market Close Highlights From Global Markets
Market wrap shows S&P/TSX Composite at 15019.39 down 135.29, S&P 500 at 2095.84 down 18.23, Nasdaq at 5059.12 down 40.11. Currencies move with the Canadian dollar at 0.7997 US, oil at 58, gold 1175.20, silver 21.0550. TV listings follow with evening programs including EarthWatch and The Rachel Maddow Show.
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