Indepedence and Money

  Many readers of this website are preparing for university, and with that, financial independence. What does that entail, and what are some actions that should be taken to be more careful, especially in light of recent world events? Know what is happening with your bank. Whenever a major financial crisis occurs, everyone knows that…

Canada Has Not a Penny to Its Name

Why has Canada been rendered penniless?  February 4th marked the withdrawal of the one cent coin from circulation.  Why is our beloved copper currency disappearing?  The fact that its cost of production is far greater than it’s monetary value and that inevitable inflation has left the penny virtually unusable in small quantities are largely contributing factors.  Sadly, penny candies are quite rare.  Although…