Should you keep all your money in one bank? We take a deep dive into the pros and cons of centralizing your finances in one place
There’s no denying that using one bank is more efficient, convenient and streamlined than storing your money in multiple banks. But is centralizing all of your wealth in one place truly the best way to manage it? As with most decisions, there are benefits and drawbacks to this common financial practice. Here, we break down […]
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 […]
Beyond stocks: Discover lucrative collectible investments for a diverse portfolio
While traditional stocks remain a staple for many investors, today’s market volatility has inspired a search for alternatives that offer both financial growth and a tangible connection to passions. Enter collectible investments: a diverse asset class where fine art, vintage wines, rare trading cards and even classic comic books hold the potential to yield big […]
Canadians experiencing ‘fraud fatigue’ after targeted scams
Have you ever nearly been convinced by an email, text or phone call that you needed to click a link or share private information? The deluge of messages, virtual or otherwise, that Canadians receive can sometimes make it easy to slip in our vigilance against fraud. A new RBC poll finds 98% of respondents have […]
No exit strategy: Why many financial advisors aren’t ready to hand off your portfolio
When you work with a financial advisor, you’re placing enormous trust in them, not just to manage your investments, but to guide your biggest life decisions. What happens if that advisor retires, switches firms or is suddenly unable to continue? That’s where succession planning comes in. A succession plan outlines who will take over your […]
Ottawa small business out thousands after a customer won a disputed credit card refund. Here’s how ‘friendly fraud’ works and how businesses can protect themselves
A small BBQ retailer in Ontario is feeling burned after having to refund a customer who purchased a brand new barbeque, but stated they never received it. Chuck Shabsove, president of Capital BBQ, told CTV News that his company had organized delivery for the new barbeque to a client who requested it be dropped off […]
My brother needed grocery money for a few months, so I lent him the cash. He paid me back, but now he’s short again. Should I keep lending him money? Here’s how to offer a ‘responsible’ loan
A few years ago, your brother borrowed money to help pay for groceries for several months, and paid you back. But now, he finds himself short of cash again and you’re not sure whether you want to lend him more money. Wanting to help out a friend or family member when they’re in a financial […]
BoC walks tightrope: Growth gains hampered by slowing demand making a hold at 2.75% likely
Canada’s economy grew faster than expected in early 2025. But dig past these positive headlines and just about everyone can see that cracks are forming. This is the situation the Bank of Canada economists are in as they make one of its toughest calls yet: lower rates or stay the course? Split economy complicates the […]
‘I hope she gets what’s coming for her’: NYC women speak out after influencer took thousands from them for specialized training course — and then vanished. How to avoid a similar situation
In a New York minute, three women looking to bolster their aesthetician careers lost more than $3,000 each when a highly promoted makeup course vanished overnight, along with the influencer behind it. Marley Matamoros, Ashley Landin and Michelle Echeverry, all from New York, paid their money to take an unlicensed course led by Miami-based TikTok […]
Don’t get scammed: How to spot financial MLMs and fake “get-rich-quick” schemes before they drain your wallet
Between rising interest rates, a shaky stock market and the threat of a trade war with the US, 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 […]