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Unlocking the Benefits of Canada’s Tax-Free First Home Savings Account
The Government of Canada recently introduced a new financial tool to help Canadians save for their first home: the Tax-Free First Home Savings Account (TFHSA). This innovative savings account aims to make it easier for individuals and families to achieve their dream...
Bank Deposits as Informal CBDCs and Central Banks’ Perspectives
Although it didn't grab headlines, Chair Powell's announcement last week essentially introduced an informal US dollar central bank digital currency (CBDC) by assuring the safety of depositors' savings. While he didn't explicitly mention CBDCs, his statement implies...
Silicon Valley Bank Collapse: Interest Rates, Impact, and Lessons from the 2008 Financial Crisis
Welcome to our latest short-video analysis, where we unravel the story behind Silicon Valley Bank's collapse. In this video, we examine the effects of interest rate increases on the bank and draw insightful comparisons to the 2008 financial crisis.
How Much Do You Need to Retire Comfortably?
Retirement is something that most people look forward to after a lifetime of hard work. It is a time to relax, travel, and pursue hobbies that may have been neglected during one's working years. However, to ensure a comfortable retirement, it is essential to determine...
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