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 […]
These Denver servers are suing a group of restaurants for taking 30% of their tips. 1 ex-employee ‘furious’ that she couldn’t support herself — while manager could. Do they stand a chance?
Tipping at a restaurant is quite customary. When we leave some extra cash on the table, or add a few dollars to our credit card total, it’s easy to assume that tip will go to our servers. But that’s not always the case. As CBS News Colorado reports, servers in Denver are taking legal action […]
What are the income tax brackets for the 2024 tax year?
Tax season is upon us. Gathering your T-slips and receipts to start crunching the numbers can be anxiety inducing. If you think you might owe money, getting an early start can help soften the blow. Regardless of your situation, knowing the tax brackets helps you prepare. Read More: Find the best tax software to help […]
Harvard announced free tuition for some students — and raised income cutoff for financial aid, says 86% of US families now qualify. Here’s how assistance programs can impact college savings
Harvard is one of many colleges that have expanded financial aid for students. The change is set to take effect starting in fall 2025, for the 2025–2026 school year. According to the Harvard Gazette, the expansion will mean that approximately 86% of U.S. families now qualify for Harvard’s financial aid. Don’t miss I’m 49 years […]
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 […]
New Brunswick 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 […]
‘If I have to move, it’s finished’: This San Francisco steel worker may lose his 23-year-old business because the State of California has evicted him — in response to a fire in another city
The California Department of Transportation (Caltrans) handed eviction notices to several businesses in the San Francisco Dogpatch neighborhood, even though the owners haven’t seem to have done anything wrong. Caltran’s general inspector published a report that outlines concerns about the management practices of leased properties close to highway structures. Don’t miss I’m 49 years old […]
In the face of U.S. tariffs, Canadians rally behind Indigenous businesses — now’s the time to shift your dollars and power a movement rooted in community, culture, and resilience
Elbows up, Canada! Canadians from coast to coast are coming together in solidarity to fight back against the trade war U.S. President Donald Trump started and continues to escalate. From where we buy to what we buy, we as a nation are seeking ways to ensure the products we are buying are homegrown. The ‘Buy […]
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 […]
Retirees reveal the mistakes that cost them joy, time, and money — learn these life lessons now so you don’t face the same regrets when it’s too late to change course
In a short but powerful street-style interview video, a YouTube creator with more than a million subscribers asked retirees, aged 70 and older, about their biggest regrets, life advice, and what they’ve learned as they aged. Turns out their advice could be drilled down into six important tips that can help you find happiness, live […]