Stop leaving money on the table: How dividend investing can build lasting wealth for Canadians
Dividends are payments made by publicly traded companies to their shareholders. But beyond the dictionary definition, a dividend paying stock can be an important tool for growing an investment portfolio, particularly if you opt to reinvest your dividends to buy additional stock shares. Dividend payments can provide income for shareholders of all ages. And financial […]
From insurance to street-life stardom: A Toronto walker cashes in
Toronto’s Johnathan Hicks — a 44 year old YouTuber known online as Johnny Strides — has turned his daily city walks into a full-time money-maker. Six years ago, what began as a side hustle filming pedestrian tours around the city has now climbed to “well over six figures” in earnings, he told CTV News. Hicks […]
Canadians owe a staggering $2.5 trillion in household debt — here’s how to chip away and finally breathe free
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 at the end of hte first quarter of 2025 — a 4% year-over-year increase. TransUnion estimate that consumer debt, across all credit products, hit a record $2.5 trillion […]
A missing decimal cost a Guelph diner $34K. Here’s how to avoid costly clerical mistakes
A simple typo nearly sank Christos Kyriacou’s summer. Kyriacou, owner of Angel’s Diner in Guelph, Ont., went to pay his internet bill in May. Instead of sending the $341.26 he owed Bell, he missed the decimal point and wired $34,126. “Stupid me didn’t put the decimal,” he told CBC News. “Honest mistake, but a big […]
Crushed by tuition costs? Here’s how to choose the right loan — and save thousands after graduation
Deciding between a student loan or a line of credit is one of the most important financial decisions Canadian university and college students need to make. To put this in perspective, the average debt at graduation was $17,900 for college and $28,000 for a Bachelor’s degree in 2022, according to Statistics Canada. Rising tuition and […]
Three-quarters of Canadian business leaders are investing at least as much as their American competitors
Despite a challenging economic climate, Canadian business leaders remain bullish on investment, even outpacing their U.S. and global peers in some areas. But that optimism is tempered by a warning: Without urgent policy action, Canada risks falling behind where it matters most, productivity-enhancing technology. A new KPMG survey finds that three-quarters of Canadian executives say […]
Stop wasting $100+ a year on credit card fees — 5 smart ways Canadians can escape them for good
Canadians love their rewards — nearly 90% of households own at least one credit card, and 55% of rewards cardholders pay an annual fee to unlock perks like travel points, cash back, and insurance, according to a report released by the Canadian Bankers Association. With fees ranging from $24 to $699, these costs can quickly […]
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 […]
Canadians are leaving thousands in free travel on the table — here’s how to turn your points into unforgettable trips
Despite stubbornly high interest rates and the rising cost of living, Canadians are still prioritizing travel. A recent Deloitte survey found that 67% of Canadians plan to take at least one leisure trip each year up from 62% from the year before. This rebound in travel spending is not necessarily driven by renewed consumer optimism. […]
Crushed by rising costs? Here are 6 proven ways Canadian students can save big and stress less at university
Going to university is financially stressful, but with the right approach to budgeting combined with smart spending habits, you can ease the stress and figure out a realistic budget. In 2023, the average undergraduate tuition in Canada was $6,834 per year, and when you add housing, food, transportation, and books, the typical student spends between […]