Rich, but not feeling it - MoneySense

Rich, but not feeling it

A physician makes a half-million dollars a year and still doesn’t feel rich. This and other stories in the daily roundup.

  • The Billfold talks to a man who makes more than $500,000 a year but doesn’t feel rich. What gives? Turns out his medical student loans, three kids, investment decisions and affluent neighbours are causing him to worry.
  • The cost of living in Canada rose 0.4% in April compared to the same month last year held down the price drops at gas stations, Statistics Canada said Monday. Two provinces actually saw deflation. Prices fell 0.8%  and 0.2% in British Columbia and New Brunswick respectively.
  • Counterfeit polymer bills have been discovered in B.C. As a result, the RCMP is reminding Canadians to check the security features on the new plastic bills such as the raised printing.