In August of last year, we blogged about the enormous impact that Toronto's annual Caribana Festival had on the city's financial situation. Even during the recession, the event that celebrates Caribbean culture, brought upwards of 1.2 million people to Lakeshore Boulevard for the parade and nearly $350 million dollars into the city's economy. Well, Caribana is back! And for many…

When the BP oil rig disaster took place in late April, it was estimated that the resulting oil spill may become the worst in United States history. The assumption was soon proved to be correct. Just as the mainstream media has kept up on this topic, so has the Synergy Merchant Services Blog. Always concerned about the environment and the…

We, here at Synergy, often discuss the importance of working towards making more money. But what good is making money if it will inevitably be lost? Naturally, saving money is the key to building your finances. As one of our favourite business reporters, Madhavi Acharya-Tom Yew writes in yesterday's edition of The Toronto Star, most Canadians (94% to be exact)…