Want to build billionaire habits? Here’s what Canada’s wealthiest are buying — and how you can invest like them
This year, the Forbes Billionaires List revealed a staggering 3,028 billionaires worldwide, their combined wealth surging by nearly US$2 trillion. Among them, over 60 are proud Canadians, hailing from diverse sectors like technology, media and retail. Names such as crypto pioneer Changpeng Zhao, media magnate Sherry Brydson, tech visionary David Cheriton, Shopify founder Tobi Lütke […]
Can you pay CRA taxes with a credit card in 2025? Fees, risks, and better options explained
If you owe the taxman money this year, paying on time is the best way to avoid penalties and interest. As Canada’s tax law administrator, the Canada Revenue Agency (CRA) makes it easy to pay your taxes in a number of different ways — including by swiping your credit card. If you’re thinking about using […]
New cars cost nearly $50K on average — $10K more than 5 years ago. Here are the financial realities of buying a new car and how to manage auto financing wisely
Like just about everything else in the world, new cars have become quite expensive in recent years, and that cost doesn’t seem to be coming down any time soon. According to data from Kelley Blue Book, a new car now costs about $10,000 more than it did five years ago, with the average new vehicle […]
8 pawsome ways to save on pet care costs
Pets change our lives for the better, and not just because they’re fuzzy, tail wagging bundles of unconditional love. According to the Human Animal Bond Research Institute (HABRI), pets foster connection and community, encourage mindfulness, focus and healthy habits and support resilience and recovery. But, pet parenthood gets expensive when you factor in food, vaccinations […]
How I started investing with just $10 — Peter Lynch said “Invest in what you know,” and Questrade just made that way easier
“Invest in what you know.” That timeless advice from Peter Lynch, the legendary manager of the Fidelity Magellan Fund has stuck with many investors like me for years. And it should. After all, he’s the one who delivered an average annual return of 29%. This simply came from asking us to look around. What are […]
What to expect when you’re expecting: First year cost for pets
It’s easy to go overboard when you’re getting a new pet. Whether it’s supplies, toys or even clothes, some things are just too cute to pass up. But these things quickly add up, even if you try to stick to necessities. It’s possible to budget and plan for your new furry addition, and we’ve put […]
Tax credits vs. tax deductions: Know the difference to maximize your tax savings
Ever wonder why Sherlock Holmes barely ever had to pay any taxes? He was a master of deduction, of course! The most exciting part of the rather drab tax filing affair is finding the ways to (legally) reduce your taxes with credits and deductions. Do you know the difference between the two? A tax deduction […]
US budget deficit surges past $1 trillion less than halfway through the fiscal year — how this can reflect on your finances
The U.S. budget deficit surged past the $1 trillion mark in February, less than six months into fiscal year 2025. As of Feb. 28, the federal government spent nearly $1.15 trillion more than it had collected since October, according to the Department of the Treasury. That’s about $318 billion more than in the same span […]
Tariff tensions appear to be throttling air travel from Canada to the US — here’s why that might translate into turbulence for the economy as a whole
The tariff tensions between the U.S. and Canada seem to have an unintended effect on traveler sentiment. Specifically, air travel seems to have drastically decreased between the two countries. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 5 of the easiest ways […]
Canadians are changing their grocery habits amid US trade war
Everywhere across Canada, we’ve heard the rallying cry of “elbows up!” in recent weeks as a response to the tariffs imposed by US president Donald Trump. Industries across the country have been calling to buy Canadian, and at least with our food, consumers seem to have taken that message to heart. A new report from […]