Citi Canada (French: Citi Canada) is a unit of Citigroup of New York City. With roots in Canada dating back to 1919, the Canadian unit currently employs approximately 3,000 financial services workers in a range of consumer and institutional businesses. Citi Canada is headquartered in Toronto, with offices in Calgary, London (Ontario), Montreal, Mississauga and
Prosper Marketplace, Inc. is a San Francisco, California-based company in the peer-to-peer lending industry. The company operates Prosper.com, a website where individuals can either invest in personal loans or request to borrow
What I do know is there are a lot of people who love talking about all things money-related, including how they’re going after their financial goals. Whether they’re paying down a mountain of debt, saving for a house, travelling on a budget, planning early retirement, or just sharing everything they know about credit cards, investing, taxes, you name it. Whatever you need to know about, there are people out there who share their stories and can inspire you throughout your own journey.
If you have moved to Florida for the summer or longer and are looking to transfer money from Canada to Florida this article is here to help.
The simple answer is that online Western Union Money Transfer is the cheapest and easiest but this article will give you other options as well!
The Western Union Company is an American financial services and communications company. Its North American headquarters is in Meridian, Colorado, though the postal designation of nearby Englewood is used in its mailing address. Up until it discontinued the service in 2006, Western Union was the best-known U.S. company in the business of exchanging telegrams.
Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. They offered standard Cablegrams, as well as more cheerful products such as Candygrams, Dollygrams, and Melodygrams.
While most companies require that you send in proof of income etc there are some same day faxless payday loan companies which do not require any information beyond what you fill out online.
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, regardless of whether repayment of loans is linked to a borrower's payday. The loans are also sometimes referred to as cash advances, though that term can also refer to cash provided against a prearranged line of credit such as a credit card. Payday advance loans rely on the consumer having previous payroll and employment records. Legislation regarding payday loans varies widely between different countries and, within the USA, between different states.
To prevent usury (unreasonable and excessive rates of interest), some jurisdictions limit the annual percentage rate (APR) that any lender, including payday lenders, can charge. Some jurisdictions outlaw payday lending entirely, and some have very few restrictions on payday lenders. In the United States, the rates of these loans were formerly restricted in most states by the Uniform Small Loan Laws (USLL), with 36%-40% APR generally the
Are you running a small business and need money now!
Banks take too long and turn you down, payday loans are too expensive and gambling for payroll doesn't always work out as well as it did for Fred Smith from FedEx.
Luckily there are some companies that now provide opportunities for Canadian small businesses to get access to fast cash to cover expenses.
Below is a review of the opportunities for Canadian small businesses to take out fast loans or merchant cash
Times are changing with postal services around the world thanks to people's reliance on smart phones and email.
New Zealand recently agreed to cut its mail delivery to three days a week in urban areas and five days a week in rural areas, since they're more reliant on mail, by 2015. Normally, mail is delivered six days a week.
The New Zealand Post fought for the change since it currently barely breaks even. If the normal delivery schedule continue, the service would be put it in the red, according to the Telegraph.
During the last 10 years, the amount of mail sent has dropped by a quarter and it's expected to continue rapidly dropping. The nation continues to lose another eight per cent each year, the communications minister told the Telegraph.
Anyone looking for daily mail deliveries can sign up for a premium courier-type service, but it will be interesting to see how businesses and newspapers adjust to this change.
Meanwhile, Canada Post looks like it is in a boat that is steadily sinking. The Crown Corporation saw a $104-million loss in Q2 of this year and it expects a huge loss in 2013. As if that was not enough, they are expected to face a yearly loss of $1 billion by 2020, according to a report produced by the Conference Board of Canada.
It's important to point out that its letter delivery dropped by 51 million pieces since Q2 of 2012, while parcel packages have grown thanks to more online shopping. Unfortunately, the letters, otherwise known as transaction mail, which includes bills and statements, account for 50 percent of the company's revenue. Tough times are ahead, especially with companies pushing paperless billing.
At least there is some hope for Canada Post's parcel delivery. Canada Post recently announced a partnership with Walmart, Best Buy and Indigo to try same-day delivery. Anyone who orders items by midday can expect to receive it in the evening. A pilot program is being tested in Toronto.
Some of the cost-cutting options floated around include getting rid of door-to-door delivery mail in urban areas, which is available to one-third of Canadians, which could cut the bleeding by about half, the Conference Board told the CBC. Canada Post is also looking into consolidating mail processing, implementing new technology for sorting and shortening hours at slower retail locations.
While residential owners might not mind a shift in the number of deliveries a week, apparently it will be a bigger issue for small business owners who are more reliant on the regular postal service.
But let's face it, drops in mail service are being felt around the world. The U.S. Postal Service planned to cut Saturday mail service, but it faced resistance, while Britain recently privatized its mail service, Royal Mail. Who knows if other countries' mail services will follow New Zealand's route.
Would you mindless frequent mail
Although both motorists and cyclists don't seem to crazy about them, electronic bicycles (e-bikes) are flying off the shelves these days. They're cheap to buy, cheap to run and don't leave much of a carbon footprint.
They are, however, subject to provincial traffic laws; that is, they can ride in traffic with motor vehicles, like scooters, and their operators mustn’t drive recklessly or under the influence of alcohol. Here's a good summary of the existing rules.
More importantly, they also don't need a license or insurance, according to a recent Ontario Court of Justice ruling. But taking that latter option at face value might be shortsighted, warns My Insurance Shopper.
Like any motorized vehicle, there is a liability risk attached with owning this type of vehicle. If you're an owner of this type of motorized vehicle you need to know that you may have no liability coverage if you get into an accident, and you could find yourself without coverage if you cause property damage or worse, injure another person.
Normal car insurance contains liability coverage but homeowners policies are structured a bit differently and generally exclude motorized vehicles except for lawn mowers, other gardening equipment, snow blowers, wheelchairs and motorized golf carts on the golf premises.
But a good number of policies exclude e-bikes as well.
No insurance required doesn't mean you're not at risk. It’s important to educate yourself on your policy and exercise caution when purchasing and using these types of vehicles, MIS warns.
Do you drive an e-bike? Do you worry about what might happen in an
Political issues deemed too important or sensitive to be tampered with are often referred to as the 'third rail' after the electrically-charged third rail in subway systems ... like Canada's pension system, for instance.
“Many Canadians will be surprised by how much they will need to save to fund their desired income in retirement and that their income is going to plummet,” says Jim Leech, co-author of The Third Rail: Confronting our Pension Failures.
“It’s clear that existing pension structures are not allowing people to reach their saving goals. Political leadership is urgently required to bring a more flexible approach to retirement planning, one that can withstand the pressures of more retirees and longer life expectancy.”
The easiest and most efficient way to close this shortfall is to enhance the Canada Pension Plan, he maintains. But that's not likely to happen anytime soon since most workers and their employers are simply too short sighted.
As employers and employees each contribute roughly 5% of their pay straight into the CPP, an increase in the rate would mean that employees would have to get a raise larger than the CPP hike to ensure their take-home doesn’t drop. They would, however, see an offset with a larger CPP pension down the road.
Many critics have voiced strong opposition to any boost in CPP contributions, however, labelling it another job-killing payroll tax on businesses. Nonetheless, Ontario is considering launching its own pension plan if it cannot obtain reforms to CPP.
Leech and co-author Jacquie McNish would also like to see some action taken to stem the decline of defined benefit plans -- the least expensive way to provide a pension to workers, they argue.
The authors cite Rhode Island and New Brunswick as examples of jurisdictions that have taken drastic measures to address pension shortfalls, including major cuts to municipal jobs and services. But both are cautionary tales.
And they will remain so as long as a government continues to ignore the root cause of the retirement meltdown, they maintain.
Record numbers of workers are retiring and living longer than anyone expected; pension funds have not built in sufficient surpluses to cope with market and demographic stresses, and employers are unwilling to shoulder these steadily increasing costs.
Failure to address these issues immediately will soon lead to disaster, the authors predict.
Would you like to set more money aside using the CPP? If you're lucky enough to have one, are you concerned about the stability of the plan you're involved