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Canadian cross-border travel hits pandemic lows as costs and concerns rise
Cross-border trips from Canada to the United States hit a pandemic low in February, according to new data showing a sharp decline of nearly 500,000 travelers compared to last year. In February 2025, Canadian travel to the US dropped by 235,000 trips, according to CBP data, marking the steepest year-over-year decline. This trend comes on […]
Hitting back with a vengeance: Toronto halts Tesla EV incentives amid US trade tensions
Toronto has ceased offering financial incentives for Tesla vehicles used as taxis or ride-sharing services, effective March 1, 2025. This move is part of the city’s broader initiative to promote electric vehicle (EV) adoption by reducing licensing and renewal fees for EVs until the end of 2029, aiming to lower emissions. Trade tensions influence policy […]
New report calls for Canada to double its non-market housing
Canada’s housing crisis continues to persist, sparking countless debates on how to resolve it. One proposed solution is expanding non-market housing — housing that is publicly funded, cooperatively owned or offered at below-market rates to ensure affordability. A recent report from the National Housing Council recommends doubling the country’s supply of non-market housing to help […]
7 ways to invest with little money and get big returns
Let me share a secret: you don’t need to be rolling in dough to start investing. Some wealth managers prefer clients who have six (or seven!) figures to invest. But guess what? Times have changed and technology has opened the door to DIY investing. You can easily start investing without a sizeable sum or a […]
Think you need to ditch Ben & Jerry’s to ‘Buy Canadian?’ The home of some of your favourite brands may surprise you
Canada is home to many well-known brands and manufacturers, but some of the foods, drinks and clothing brands you may assume are made here actually come from elsewhere – and vice versa. With globalization and corporate acquisitions, the origin of a product isn’t always obvious, even if the brand has strong Canadian ties (or even […]
TikTok is a swamp of bad financial advice, and experts are fighting back
Dr. Brad Klontz first heard about TikTok through his teen nephews. After they showed him some animal videos, he kept scrolling and watching more posts. Before long, the financial psychologist — who helps patients deal with money-related stress — stumbled across one user promoting day trading. “I was sort of blown away because I thought […]
