September 10, 2025

The Past Week’s Reads — April 29 – May 5 , 2024

What’s the climate-friendly way to get rid of worn-out clothes and linens? – CBC.ca, May 2, 2024
https://www.cbc.ca/news/science/what-on-earth-clothing-disposal-1.7191603
Rachel Sanders drills down into what happens with donated/discarded clothing in Canada. I am always curious about what happens to the clothing we donate. Meta is preventing us from posting direct links to articles in Canadian media on Facebook. The link here works.

Retired Canadians facing pressure to invest abroad – Globe and Mail, April 30, 2024
https://www.theglobeandmail.com/business/article-retired-canadians-facing-pressure-to-invest-abroad/
Andrew Willis examines how the following performance of steadfast dividend producers, like banks and telecoms, have forced some retired Canadian investors to look abroad for better returns. Meta is preventing us from posting direct links to articles in Canadian media on Facebook. The link here works.

Should you max out your RRSP before converting it to a RRIF? – MoneySense.ca, February 29, 2024
https://www.moneysense.ca/columns/ask-a-planner/should-you-max-out-your-rrsp-before-converting-it-to-a-rrif/
Jason Heath addresses a reader’s question about making an 11th-hour contribution to an RRSP before it must be rolled into an RRIF. Apparently, he thinks there may be better investment uses for the money, like topping up a TFSA.

It’s time to retire subsidies to rich seniors – Globe and Mail, April 27, 2024
https://www.theglobeandmail.com/opinion/editorials/article-its-time-to-retire-subsidies-to-rich-seniors/
The Globe’s Editorial Board examines the high cost of funds being lavished on all seniors via the OAS and other means. I have to agree with this sentiment. It is time to ratchet back on OAS distributed to those of us who simply do not need it.

“My Weekly Reads” are articles I have read throughout the week because they were of interest to me … for good, or for bad reasons. 🙂 Sharing them does not mean that I endorse them, unless I explicitly state that. If concepts contained in the financial articles I share are of interest to you please remember that is always a good idea to ask your financial adviser’s advice when considering making changes to your financial portfolio or changing your spending habits.