Four travel cards compared: Which can get you to the beach faster?
My Toronto friends have their sights set on a Miami vacation, where the ocean breeze carries the promise of unforgettable memories. And as a Florida resident and a credit card expert, they asked me for help with finding the right new credit card to use to book the trip. Challenges like this are my bread […]
Best low-risk investments
One of the keys to building wealth is understanding the relationship between risk and reward. Canadians are always on the lookout for low-risk investments, but you must understand that free lunches do not exist. A risk-free investment (like a GIC) has a lower expected return than a high-risk investment (like an individual stock). As an […]
From $183K to $833K: How Canadians in their 50s bridge the retirement savings gap
Welcome to your 50s! This is your last decade of formal employment — and a time to finalize and fine-tune what retirement will look like. While this process can be exciting, it can also be daunting. That’s because it’s in your 50s when most Canadians start to play “catch-up” on retirement savings. Take, for instance, […]
I’m 68 and retiring in June after 19 years at my company — should I give many months of notice or just 4-to-6 weeks to avoid a last-minute ‘grunt work’ dump?
Mildred has worked as a manufacturing engineer at an auto parts company for the past 19 years. Over time, Mildred has become indispensable to her company. She possesses in-depth knowledge of several of the company’s manufacturing processes that few others have. She loves her job, her coworkers and her manager, but she’s worried about remaining […]
Trump’s tariffs, market chaos and the rise of inverse ETFs: How investors are hedging the storm
In today’s turbulent economic climate, marked by President Trump’s recent tariffs on Canada, Mexico and China, concerns about a potential recession are escalating. As markets react to these developments, investors explore strategies to protect their portfolios. One such strategy involves inverse ETFs. What are inverse ETFs? Inverse ETFs, also known as bear or short ETFs, […]
Financial MLMs: how to spot the difference between a scheme and an actual business
Between rising interest rates, a shaky stock market and the threat of a trade war with the U.S., it’s no surprise that financial uncertainty has instilled fear in people in recent years. And unfortunately, this financial uncertainty makes people more vulnerable to falling for get-rich-quick (or “quicker”) schemes in times of need. More specifically, multi-level […]
A potential $93.8 billion hit over a five-year period: New study shows how Trump’s tariffs could impact provincial economies — but there are opportunities elsewhere
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 […]
American Express Cobalt card vs BMO eclipse Visa Infinite: Which is better for your needs?
BMO and American Express carry two of Canada’s best rewards credit cards. BMO recently reinvigorated Canada’s rewards credit card landscape when it launched a new point-earning powerhouse, the BMO eclipse Visa Infinite Card (terms and conditions apply). With this exciting new addition, we figured it was time for it to faceoff with American Express’s popular […]
Canadians cut US travel by 40% as tariffs spark boycott movement
Last month, the number of Canadian vacationers in the United States experienced a significant decline, with bookings dropping by 40% compared to the previous year, according to Flight Centre Canada. This downturn is largely attributed to US President Donald Trump’s imposition of tariffs on Canadian goods and his contentious remarks about annexing Canada as the […]
15 of the most expensive dog breeds in Canada
My dog lives like a king. And he’s grown accustomed to this lavish lifestyle. From the time I purchased him from a breeder ($1,000), to expected and unexpected vet bills, grooming costs and an extensive (and impressive) wardrobe, let’s just say that I’m glad that I started budgeting for him well before he came into […]