Happy New Year 2022? Can we even say that yet? After 2021, maybe let’s just say, “We hope for a Happy New Year” and leave it at that.
Over the year we have seen wave upon wave of COVID. Now we are seeing Inflation coming on strong, and natural disasters monthly. All in all a wonderful year.
I have been unable to write much due to work and family issues. I have learned a great deal about Dementia and how the Quebec Legal system works, which has been, enlightening.
Some Numbers to End 2021
| Inflation (year over year November 2021) | 4.7% â¬†ï¸ |
| Bank of Canada Overnight Rate December 24 th | 0.25% |
| Unemployment Rate (as of November 2021) | 6.0% |
| Real GDP By Expenditure (Q3 2021)(quarterly change) | 1.3% |
| The population of Canada (Est Q4 2021) | 38,436,447 |
| CIBC current prime rate | 2.45% |
| BMO current prime rate | 2.45% |
| Scotiabank prime lending rate | 2.45% |
| TD prime lending rate | 2.45% |
| Tangerine prime lending rate | 2.45% |
Inflation is the scary one. So far, no reaction with Interest Rates, but they are promised some time in 2022.
COVID19 Data Canada
Click here to find an up to date graphic from the Government of Canada
| Total Cases | 1,945,754 |
| Total Deaths | 30,131 |
The number of cases is much higher from this time last year, but the number of deaths has doubled.
Past Writings
I’ve written or rehashed a great deal since the last one of these:
- CPP and EI for 2022 yes, it is that time of year again. Time to think about what you are paying in the coming year for Canada Pension Plan and Employment Insurance. No they are not taxes.
- Merry Christmas 2021 ? Well it was actually quite nice for me, but it wasn’t for a lot of other folks, due to the Omicron variant. The restrictions will be coming soon.
- Use Your Calendar is a rewrite of something I wrote in 2009. The calendar is your financial friend. Yes you can get emails, but you might ignore them.
- Buying Lottery Tickets and Going to the Casino? another rewrite from 2009. Do you do these for fun? OK, but don’t ever dream these have anything to do with a Financial Plan.
- If You Hear Hoof Beats don’t start thinking Zebras, especially financially.
- Inflation 4.4% September 2021 which is going to start a lot of folks to think about Interest Rates. Can you afford higher interest rates?
- Dude, Where are My Bills? TD’s EasyLine went a little wonky for a while, and suddenly all my set up bills had disappeared? Luckily, they came back.
- Adieu TD Mutual Fund Account was an attempt to start moving my son’s RESP, watch for an update soon. No it is not done.
- Teach Your Kids to Be Frugal at Back to School Time . It is the time to start kids learning about these things.
- Inflation 4.1% August 2021 (Ouch) and it is only going to get worse.
- Allowances: Long-Term Update and I have been at this for almost 25 years, so I have learned a few things about it.
- Investing: And he’s an expert! remember the good old days of Garth Turner? He had some great bits of advice, that was for sure.
- What’s important? That is a big question when you are talking about money, but the answer is more straight forward than you think.
- Self Insured Company Disability Plans and how bad things can get. Nortel’s bankruptcy is something folks are forgetting about, but it destroyed a lot of lives.
- With Money Never is Better than Late? Sometimes it is better to pass on those “great opportunities”.
- 5 Financial Mistakes Rich Folks Make is a bit of click-bait. You know what rich folks have that you don’t? M-O-N-E-Y and the ability to make financial mistakes.
- How Much Can One Tooth Cost ? It can cost a whole lot of money. I ended up blowing my entire dental allowance for the year.
Social Media for 2022
Some of the biggest social media hits for me were:
Facebook was more interested in:
Still not sure Social Media does much, but I’ll keep plunking on it.
All Those Happy New Years
Yes, for many years I have wished you a Happy New Year
- Happy New Year 2022 and #MoneyTalk recapped a lot of 2021 and hoped that 2022 was going to bring some hope.
- A happy new year for 2021 ? Well it started pretty grotty, but it might get better.
- I must have had an inkling about 2020, as I didn’t wish you a Happy New Year to start things. Hopefully with this post I have helped make the year better?
- In 2019 I was too practical with Tangible Financial New Years Resolutions but still worthwhile thinking about it, eh?
- For Happy New Year 2018 I had a great photo of being stuck on the 401 during a snowstorm, and links to previous New Year Messages.
- 2017Â I pointed out that you start paying CPP and EI again, so your net pay is going to be lower.
- 2016 Happy New Year, just didn’t happen, not sure why, must have been having a grinchy holiday?
- 2015 Happy New Year and I included a really bad joke about it being the year of the RAM in the Chinese Calendar.
- 2014 Happy New Year again I pointed out that CPP and EI rates were increasing as well, I really am a kill joy.
- 2013 was a Happy New Year, a celebratory Sunday was the photo to start the year.
- 2012 I used to post best of Twitter posts, and it seems to have fallen on a Sunday as well.
- Merry New Year! It All Starts again… was how 2011 started, and I included a bunch of resolutions in that article.
- 2010 New Year began with me in a new job, which was very nice, given I had been unemployed for a while.
- 2009 started a little bleak, in that I was unemployed, and was looking for a job, during a major economic crisis.
- Belated Happy and Prosperous New Year was how 2008 started, the economy was booming, employment was high, but there were hints of the systemic failure that was coming soon.
- Good Bye 2008, outlined the eventful year that it was for me. Things got better, but a lot didn’t go right that year.
- A New Year Brings Tax Breaks? The tax breaks appeared in 2007 but later disappeared, unfortunately.
- 2006 I was still figuring out what this whole thing was going to be, but I did show some signs of a ranting good time.
Yes, I really did start in 2005.
Random Thoughts from the Past
- Emancipation Day and #MoneyTalk was a good long while ago, but still some interesting info.
- Good Friday, COVID continues, XRP, Tax Time and #MoneyTalk Good Friday was still during the odd time of full COVID lockdown too. (April 2nd)
- Happy New Year 2021 and #MoneyTalk wrapped up the year that was (2020) and talked of new and exciting days ahead (January 2nd)
- Vaccines, Here Comes Christmas and #MoneyTalk (December 11th)
- COVID19 Opening Up, Middle Aged Canada and #MoneyTalk (July 17th)
- Happy Canada Day #MoneyTalk (July 1st) 🇨🇦
- Fathers Day , COVID, Unsubscribe & #MoneyTalk (June 19th)
- Boxing Tuesday, Opening Up and #MoneyTalk (May 16th)
- Opening up, May Day, COVID19 and #MoneyTalk (May 1st)
- Unemployment Spikes, Easter and #MoneyTalk (April 11th)
- Covid-19, Stay Home and #MoneyTalk (March 27th)
