‘I’m tired of Elon Musk’: This Tesla owner traded in his Model Y because he was ‘embarrassed to drive it’ — here’s how to effectively manage disputes with your dealership
After almost three years of owning a Tesla Model Y, Joe Romer traded in his car because he’s no longer a fan of Elon Musk. “I’m tired of Elon Musk and all of his garbage,” Romer told CNN in March, sharing his reason for wanting to trade in his car. “I’m getting rid of [my […]
‘It’s not taxed at all’: Warren Buffett shares the ‘best investment’ you can make when battling inflation — and it doesn’t have to cost you a dime
Warren Buffett is rich. According to the latest Bloomberg Billionaires Index, Buffet’s net worth is an estimated US$133 billion making him the sixth richest person in the world. Buffett’s net worth ranks below the likes of Elon Musk, Jeff Bezos, Bernard Arnault, Bill Gates, Steve Ballmer, Larry Ellison and Larry Page; however, it’s the way […]
Toronto Marathon delivers more than $50 million in economic impact
Turns out running isn’t just good for cardio, overall health and longevity, it also lends a helping hand to the economy. According to a recently released study, the 2024 Tata Consultancy Services (TCS) Toronto Waterfront Marathon generated $50.3 million in economic impact for the City of Toronto and $56.3 million in Ontario economic activity. "Canada […]
Warren Buffett’s Canadian stock pick — and 3 tips that let you invest like a pro
Last year, legendary investor Warren Buffett set his sights on Canadian companies — 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 […]
Smart moves: How to turn your tax refund into long-term financial gains
As tax season wraps up, many Canadians are anticipating a refund. While it might be tempting to splurge, financial experts suggest that strategically using this money can significantly impact your financial health. Given the current economic climate, with high living costs and rising debt levels, making informed decisions about your refund is more crucial than […]
Fixed rates are falling — but variable rates won’t budge. Don’t let confusion cost you thousands. Here’s what you need to know before locking in your next mortgage
In an unusual twist in Canada’s mortgage market, fixed mortgage rates are on a downward trajectory while variable-rate pricing is tightening. This divergence presents both opportunities and challenges for homeowners approaching mortgage renewal. If you’re shopping for a mortgage renewal, there’s some good news: Fixed rates are on the way down. Over the past few […]
Scooping up the cost: Chapman’s Ice Cream freezes prices despite US tariffs
Chapman’s Ice Cream has been a staple in grocers’ freezers for almost a half a century and the Ontario-based creamery has stayed proud of and true to their origins as one of the favourite ice creams of Canadian families. The recent trade war with the US is no exception. In response to US tariffs on […]
With rates on pause and 1.2 million mortgages up for renewal, now’s the time to act — here are 10 critical moves to protect your home and your financial future in 2025
As Canada enters a critical period of mortgage renewals in 2025 and 2026, homeowners and financial experts are closely monitoring interest rate movements for signs of relief — and it appears the Bank of Canada (BoC) offered a glimmer of hope for variable-rate mortgage holders and first-time buyers with a rate drop of 0.25%. The […]
BoC holding rates in April 2025: Who wins and who loses with latest Bank of Canada rate announcement?
After seven consecutive rate cuts, the Bank of Canada (BoC) hit pause — holding its key policy rate at 2.75% on April 16, 2025 — as growing uncertainty around U.S. tariffs clouds the country’s economic outlook. Canada’s central bank chose not to issue its usual economic forecast, citing an inability to predict how trade tensions […]
With BoC rates holding steady amid global uncertainty, now’s the time to rethink your finances: 7 key ways to reshape your money decisions
The Bank of Canada (BoC) announced the second rate drop of 2025 — with a 25 basis point rate cut to its overnight rate. The rate cut of 0.25% was announced on March 16, 2025, following a 25 basis point drop in January of this year, which followed a 50 basis point cut in December […]