the Wealthy Canadian

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Entries Tagged as 'Economics'

Budget 2009 and Me

January 30th, 2009 · No Comments

It looks like the Canadian budget has passed with the support of the Liberals (not surprising, it did appear to be a Liberal budget) and with it the current government will get to keep their seats for a while longer.  Politics aside, how does this budget affect me?
First are tax cuts.  The basic personal amount [...]

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Tags: Economics · Planning

Expected Value of an Investment

January 29th, 2009 · 2 Comments

How to Make 7 Million in 7 Years has an interesting poll going on about what decision you would make if you were on Deal or No Deal, which gave me an idea for a post about expected value.  
Expected value is statistical tool that economists may use to determine what outcome to expect.  [...]

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Tags: Economics

Recession Hits Oil Hub

January 26th, 2009 · No Comments

There is an interesting article in the Globe today titled, “Oil patch cuts claim Alberta’s high-paying jobs.”  For those who don’t know, Alberta is Canada’s hub of the energy sector.  Alberta, has (some may say had) huge reserves of oil and gas, has the infamous heavy oil projects and Calgary (the largest city) is home [...]

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Tags: Economics · Real Estate

Calgary Real Estate and the Recession

January 15th, 2009 · No Comments

During the last boom Calgary was one of the hottest markets in Canada.  Combining a global real estate bubble with a commodities surge, Calgary, the home to Canada’s oil sector, was well positioned to benefit.
Things have been cooling off in the last 18 months, or so, so I decided to take a look at the [...]

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Tags: Economics · Real Estate

The Big Insurance Scam

January 9th, 2009 · 3 Comments

Just about everybody seems to be frustrated with insurance.  High premiums, large deductables, and coverage that never seems to match what we end up needing.
By and large, however, the insurance industry works as it should.

The premiums are based on risk and coverage.  An 18 year old male insuring a Ferrari is going to cost.. alot.  [...]

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Tags: Economics