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Your Favourite Stories: Wal-Mart, Wind Farms and RRSPs

Everyday readers from across the country add their thoughts and opinions to new, amazing stories. Discussions are created and debates rage on in the space below posts and we, at WalletPop want to highlight the most popular stories and comments of the week.


Can Wal-Mart Cure Our Junk Food Obsession?

A recent article in the Toronto Star reported that Wal-Mart would be joining first lady Michelle Obama's anti-obesity campaign by stocking healthier foods. This means that by 2015, the company hopes to have reduced the salt content in packaged food by 25 per cent and sugar content by 10 per cent, as well as removing all remaining industrially produced trans fats and partially hydrogenated oils.

Boy, did you guys have a lot to say about this story. Many of you said that Wal-Mart was making positive, even necessary steps to making the community healthy.
However, WalletPop reader AverageDancer thought asking the company to stock healthier, fresher produce wouldn't solve North American's rising obesity rates. "I say stick to Canadian retailers and produce. If we'd buy within our own borders, our economy wouldn't be suffering as much as it is. If you find that your local retailers don't carry much local produce, write to them and ask for it. If enough folks do it, they'll do it to keep their customers happy.'

Jann believed that Wal-Mart should take an even more pro-active approach to healthy eating and remove McDonald restaurants from it stores. "If Wal-Mart is so worried about healthier foods then they should start by getting rid of MacDonald's."

What do you think? Let us know what you think about Wal-Mart's new health initiative.

Are Ontario's Wind Farms Ready to Blow?

Love it or hate it, Ontario's Green Energy Act (GEA) has definitely excelled at one thing: creating controversy and debate.

The latest blow to the GEA comes from a court challenge about the medical safety of wind farms, which was heard by a panel of Superior Court justices on Monday. Ian Hanna, who owns property near a wind farm in Prince Edward County, launched the challenge asking the court to stop development of wind farms until a medical study can be performed. He claims the Ontario government was misinformed when it decided wind turbines were safe at a distance of just 550 meters from homes.

Several of you voiced your opinions on the oft-debated subject that even caused some back-and-forth fighting between those who approved of wind farms and those who vehemently opposed them.

WalletPop reader, Bunk expressed his thoughts on the issue saying "You guys are only thinking about yourselves! Think about the younger generation! Coal is not going to be around for ever. We need to find another solution to generate power. Sun/wind would be the best/healthy way."

Canadian user, Tony countered by telling readers that Ontario's reliance on wind farms would do little to resolve the province's need for power. "We must remember wind power is NOT the solution to Ontario's power needs as it does not produce power 24 hours a day and only works when it's windy.... If there is no wind what good are they? We need to look into better ways to produce power generation that would work 24 hours a day and be more cost effective ."


Optimize Your RRSP

After a shocking start to the year, Canadian pension plans recovered most of their losses toward the end of 2010, helped by stock market gains and a slight rebound in long-term government bond yields.

Investment fund managers expect this gradual improvement to continue in 2011 as stock markets rise and long-term bond yields inch marginally higher on the back of interest rate increases, according to a survey by Mercer Investment Consulting.

Although this post garnered very few comments it did manage to snag the top spot for most viewed stories.

Remember that in order to retire comfortably you need to make sure your finances are in order today. Make sure to check out our post to find out everything you need to know about RRSPs before it's too late.

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