‘It’s a double-edged sword’: My husband got a $42,000 bonus. Will it wipe out our Affordable Care Act subsidy?

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

The action stems from a 2024 transaction that regulators say left a borrower facing a product she never requested, could not afford, and that contained falsified income documentation. The $900,000 mortgage she didn’t want The borrower, identified in FSRA documents only as HM, approached K. Banx seeking a mortgage of between $150,000 and $200,000 to…

Cumulative burden raising alarm SIMA’s core concern is that advisors and firms are simultaneously absorbing fee changes from multiple directions such as CSA system fee hikes, major regulatory initiatives such as Total Cost Reporting, and now a BCSC review, all within a compressed timeframe. The association argues that each increase may appear reasonable in isolation,…

Small cap stocks are often overlooked but, for that reason, they can reward patient investors over the long term. “Small caps offer a rare combination of attractive valuations, growth, and diversification,” said Abby Glennie, co-manager, Aberdeen UK Smaller Companies Growth Trust. “We’ve also gone through market periods globally where the dominant tech themes have driven…

Today, Canadian bond yields sit around 3-3.75%. That’s higher than the 2020-21 lows near 1-1.5%, but nowhere close to the historical norm. The cushion is thin. A rate move that used to get absorbed by coupon income now immediately impacts your return. 2022 is recent proof. The broad bond index had one of its worst…

The transaction is due to be completed in the second half of 2027, subject to regulatory and other approvals. Credit: NK_Studio.TH/ Shutterstock.com. Advent and a group of investors that includes HarbourVest Partners have reached an agreement to purchase FNZ Bank from FNZ. After the deal closes, the new owners intend to back the bank’s next…