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Extortion scams are on the rise Here are some tips to avoid them

March is Fraud Prevention month and with more people working from home and shopping online during the pandemic there has been a huge increase in many different scams.

Home Economics: The sandwich generation is taking it on the chin

Home Economics: The sandwich generation is taking it on the chin BNN Bloomberg VIDEO SIGN OUT The sandwich generation forced to balance caring for their kids and their folks If you’re pressed between taking care of young children and aging parents, you’re probably one of the many Canadians in the “sandwich generation.” Sandra Henderson, regional Toronto president at BMO Private Wealth, joined BNN Bloomberg for Your Money Month to discuss how the COVID-19 pandemic is further squeezing this cohort and what unexpected costs they may have to face when balancing their budgets. Women are putting family financial plans before their own

Home Economics: Are you holding too much cash in your TFSA?

Home Economics: Are you holding too much cash in your TFSA? BNN Bloomberg Polymer bank notes are shown during a news conference at the Bank of Canada in Ottawa. , The Canadian Press Home Economics aims to help Canadians navigate their personal finances in the age of social distancing and beyond. Canadian shoppers losing steam Retail sales in Canada unexpectedly rose 0.4 per cent in October, according to the latest reading from Statistics Canada Friday. That was a sharp deceleration from the 1.9-per-cent surge in September. Excluding autos, sales were flat in the month. Add to that, StatsCan s advance estimate for November indicates sales were relatively unchanged last month, indicating shoppers are starting to lose steam.

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