Extreme hoarder: An 82-year-old Ottawa woman struggling with hoarding that’s cost her time, ruined relationships and depleted her savings — her warning to other seniors
Pat Wong believes in ‘waste not, want not’ – but her inability to let go of old stuff has cost her money, relationships, and time. The 82-year-old Ottawa resident is a self-described ‘A-Class hoarder,’ and told CBC that she has amassed so much stuff that she’s had to stuff her belongings in six storage lockers, […]
When markets are volatile, consider alternative investments: Here are 6 artists to invest in, right now
In today’s unpredictable world, with financial markets swaying under the weight of global uncertainty, finding smart investment strategies can feel like navigating a storm. Stocks are often volatile, and traditional options don’t always offer the stability or returns investors hope for. That’s where alternative investments can make a difference. As an alternative to mainstream investments, […]
Invesco’s Chief Global Market Strategist highlights the 5 biggest risks investors need to consider heading into 2025
As we transition into 2025, investors are navigating a complex financial landscape marked by both opportunity and uncertainty. Invesco’s Chief Global Market Strategist, Kristina Hooper, highlights key risks investors need to address going into 2025. Whether it’s inflationary pressures or market dynamics, investors who understand these challenges — and proactively prepare for them — can […]
4 tips to help optimize your student loan repayment in Canada
Life is unpredictable, and financial obligations, such as student loans, can prevent us from acting quickly and decisively to adjust to changing economic circumstances. According to the Government of Canada, the total amount of student loans owed sat at $23.5 billion in 2022. In April 2023, the accumulation of interest on Canada Student Loans was […]
Canadians prioritizing reliability over luxury in their cars — So what types of vehicles are enticing drivers the most?
When it comes to buying their next car, economic pressures are weighing on Canadians more than ever. That means prioritizing affordability and reliability over luxury, according to AutoTrader. "Each year, AutoTrader analyzes millions of data points to uncover the evolving story of Canadian vehicle shopping behaviors," Ian MacDonald, AutoTrader’s CMO said in a statement. "This […]
Multi-unit residential mortgages increase in Q3 2024
For the three months ending September 30, 2024, the Canada Mortgage and Housing Corporation insured 64,979 multi-unit residential units, according to its third quarter report. Of those, 29,878 were new construction, marking a 26% increase of over 51,443 units during the same period in 2023. "Facilitating the construction of purpose-built rentals remains a key factor […]
Hustle culture alive and well, as almost 90% Canadians have worked a side hustle
More Canadians than ever are taking on extra work to make ends meet, with almost nine in 10 having worked a side hustle at least once during their career, according to a recent Harris Poll. Wanting to up your earning power is nothing new. However, the advent of the gig economy means that there is […]
1-in-5 Canadians over 65 are still working — but is that completely necessary to ensure a more comfortable retirement? Here’s what you need to consider
For many Canadians, leaving the workforce at 65 and enjoying a financially worry-free retirement is a fantasy they’ve already given up on. In fact, as of 2022, 1-in-5 Canadians aged 65 to 74, or 21%, was working, according to Statistics Canada’s recent census data. This include both Canadian-born and immigrant workers. With Canadians living longer, […]
From Wild West-inspired trips to botanical adventures — here’s the top 7 travel trends for 2025
Travelling is a pleasure that never goes out of style — even during times of economic hardship, many view national or overseas exploration as a necessary form of self-rejuvenation. Looking to 2025, search aggregator and travel agency, Skyscanner, asked Canadians about their plans for local and international travel in the year ahead — and results […]
‘A freaking joke’: Canadian seniors ‘furious’ they won’t get Trudeau’s $250 rebate, say ‘skyrocketing’ prices hitting them hard — 6 ways to stretch your budget on a fixed income
Carol Sheaves is ‘furious’ that she, like many other Canadian senior citizens, won’t be getting the $250 Working Canadians rebate cheque. The 67-year-old Moncton, New Brunswick resident and her husband don’t consider themselves to be in dire financial need, but their rent has increased by $300 since they started renting, and with the rising costs […]