McDonald’s has shuttered 6 locations around Chicago’s iconic Loop neighborhood — despite signs of an economic rebound in the area. Why the fast food giant may be pulling back on its presence
Those looking for a quick bite of McDonald’s in the heart of downtown Chicago might have to look elsewhere. Six locations in close proximity within and around the city’s iconic downtown neighborhood — the Loop — have closed, according to CBS News Chicago. Now, there are only four left in the central business district. And […]
Auto theft claims up 442% — and every Canadian driver is paying the price through rising insurance premiums
Auto theft is no longer just a city crime story — it’s a nationwide insurance crisis. Despite efforts to curb auto theft, the impact of stolen vehicles and damage due to auto break-ins is pushing the value of auto theft claims into triple-digits — and the person who ends up paying the cost are everyday […]
Canada could lose $93.8B from Trump’s tariffs — here’s what that means for your job, bills, and local economy
The ever-increasing threat of tariffs from our southern neighbour seems to be the only thing on people’s minds these days. While their implementation has been more on-again, off-again, in the first few months of 2025, their full impact would be financially burdensome for Canadian businesses across all sectors. A new analysis from the Public Policy […]
Amex Cobalt tops Money.ca’s 2025 credit rard rankings amid fierce competition
The American Express Cobalt Card has emerged as the top overall credit card in Canada for 2025, according to a new report released this week by Money.ca. The rankings, which evaluated more than 200 Canadian credit cards across 135 unique criteria, highlight the best-in-class options for consumers in a challenging financial landscape. Money.ca’s Best Credit […]
Anti-aging pill for dogs one step closer to reality as it’s certified ‘effective’ by FDA. What does this mean for your budget?
There’s a famous quote that goes "the only thing ‘wrong’ with dogs is that they can’t live forever." A dog’s lifespan can range anywhere from nine to 15 years on average, and when you consider a dog as part of the family, that’s just not enough time. But what if there was a pill that […]
Toronto man stuck with $20K in credit card fraud charges despite reporting it early
A Toronto man says he was left financially and emotionally drained after being held liable for more than $20,000 in fraudulent credit card charges — even though he reported the suspicious activity as soon as he spotted it. Jordan Judge discovered the unauthorized charges in 2023 on a card issued by one of Canada’s largest […]
‘They knew what they were doing’: This New York man’s $25K jet ski was stolen off his driveway in broad daylight — and he believes the thieves jammed his security cameras to get away with it
While installing cameras around your home is a good way to protect your valuables from being stolen, thieves appear to be getting more sophisticated with their methods. Chris Montalbano of Long Island, New York learned this lesson the hard way. Don’t miss I’m 49 years old and have nothing saved for retirement — what should […]
Half of Canadian parents’ ability to save for education impacted by U.S. trade tensions
The ongoing trade tensions between the U.S. and Canada and the rest of the world have impacted national and global economies in innumerable ways. Take for example, parents’ ability to save for their child’s higher education. According to a survey from Embark, roughly half of parent respondents say these tensions have affected their investment strategies […]
I’m 65, tired of working and have very little savings — is it possible to live off CPP alone? Yes, but you’ll need to make these 3 big sacrifices
If you plan on retiring and rely primarily on the Canada Pension Plan (CPP) you may have heard you will end up being perpetually cash-strapped. So, does that mean you should stay at your job? Learn to survive on noodles? Or work more to build up savings? To help you decide, you first need to […]
Are you a spender, saver, earner or ostrich? No matter your financial personality type there’s a budget for you!
If you’ve ever tried and failed to stick to a budget, the problem may not be with you but with your budgeting strategy. Different forms of financial management suit some personalities better than others — select the wrong one and you could find it difficult to stay on track. The different money personality types To […]