Many Canadian gig workers not aware of tax rules
Although nearly a quarter of Canadians have been a part of the gig economy, 66% of gig workers were not aware of new rules requiring platforms to report users’ income to the Canadian Revenue Agency (CRA). This is according to the latest survey from H&R Block. "In light of the new federal legislation, the [CRA] […]
Canadian companies are turning away from US suppliers
In the heart of Toronto, Descendant Detroit Style Pizza, a popular pizzeria, made headlines after announcing its decision to stop using American-made ingredients, a move driven by increasing concerns over the volatile US political climate and the trade war. "I’m just looking at ways I can make a statement about how I feel about what’s […]
Is a Costco membership really worth it?
In Canada alone, Costco serves more than 10 million members across 100 warehouses. Canadians love Costco — in fact, Canada has nearly double the stores per capita than in the U.S., and Canadian stores are more profitable from an overall operating income standpoint. Many regular Canadian Costco shoppers are also quite devoted to the store, […]
Hit the road Jack: Why removing Jack Daniel’s from store shelves is “worse than a tariff”
In the escalating trade tensions between the United States and Canada, the power of Canada to respond with ‘elbows up’ is proving to have impact, epecially when it comes American alcohol producers. Of all of the liquors we get up here from south of the border, few are as iconic as Jack Daniel’s Whiskey. Jack […]
NB man fined more than $4K for an accident that happened 60 years ago
An 86-year-old New Brunswick man is facing a hefty fine for an accident he has no memory of — an incident that took place 65 years ago in Toronto. Ossie Gildart was shocked to learn that his driver’s licence had been suspended due to an uninsured accident from 1960, after a recent fender-bender led him […]
Canadians not looking ahead in 2025 with rose-coloured glasses
Many Canadians are looking at their financial well-being in 2025 with at least some level of concern. A new H&R Block survey reveals 64% of Canadians are concerned that 2025 is going to be a challenging year for them financially. "Many Canadians are feeling the pinch of higher costs-of-living and are looking to manage spending […]
Learn how to get out of debt
Debt: almost all Canadians have it. In fact, Equifax Canada’s Market Pulse Consumer Credit Trends and Insights Report found that consumer debt levels rose to $2.5 trillion in the second quarter of 2024; this is a 4.2% increase since the second quarter of 2023. Card holders carry over $4,300 in credit card balance on average, […]
45% of Canadians admit biggest mistake is not saving enough—here’s how poor financial decisions can derail retirement plans
For many Canadians, the weight of past financial mistakes is proving to be more than just a temporary burden — it is actively reshaping their long-term future, particularly when it comes to retirement. A recent study from Money.ca highlights how financial missteps, from overspending to inadequate savings, are delaying critical milestones and forcing individuals to […]
5 terrifying credit card mistakes that can leave you broke
Credit cards can be your best friend, or your worst enemy. As satisfying as it is to get 5% off at the gas pump, it’s just as painful to pay $45 because you went over your credit limit. Here are 5 credit card mistakes the banks are counting on you making to prime their coffers. […]
Warren Buffett’s Canadian stock pick—and how you can invest like a pro
Legendary investor Warren Buffett set his sights on Canadian companies in 2024 — and captured the attention of investors after securing a sizeable stake in Canadian-based insurance provider, Chubb (NYSE:CB). Known for his strategic value investments, Buffett’s move hints at some promising opportunities within the Canadian market. For Canadian investors, there is one simple but […]