Rising litigation costs are affecting commercial insurance in Canada
Suing a person or a company is often easier said than done, at least in Canada. It takes a lot of effort, money and time. But according to a new report from global law firm Dentons LLP, third-party investors are using the Canadian court system to profit on lawsuits. "Law firms are increasingly using third-party […]
Wonder(wall) how much this Oasis portrait will sell for at Sotheby’s auction?
What’s the story, morning glory? It turns out, a highly anticipated auction is set to take place at Sotheby’s London this month, featuring a remarkable portrait of Oasis frontmen Liam and Noel Gallagher. The painting, created by Elizabeth Peyton in 1996, carries an estimated value between £1.5m and £2m (that’s C$2.7m to C$3.6m). A Supersonic […]
‘I was more than heartbroken’: This Houston mother paid $2.5K for her daughter’s custom prom dress — but says she wasted another $8K after the designer ‘dropped the ball,’ ruining her night
Parents in Houston were left fuming after a local designer failed to deliver on custom prom dresses for their daughters, with one mother saying she’s out thousands of dollars due to the debacle. Kewana Jones Harvey’s daughter, Kiya Harvey, had been looking forward to senior prom for years, and as a mother she wanted to […]
Scooping up the cost: Chapman’s Ice Cream freezes prices despite ongoing threat of U.S. 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 U.S. is no exception. In response to U.S. tariffs on […]
Looking to go on vacation for cheaper? Here’s where the Canadian dollar is worth the most
For many Canadians, spending in a foreign currency can be extremely costly, especially with the unfavourable currency exchange rate between the Canadian and U.S. dollar. There was a time when C$1 CAD was worth US$0.94, but today, that conversion is closer to US$0.70 (as of mid-May, one Canadian dollar converted to US$0.73). This makes travelling […]
B.C. man buys a used car only to find that its odometer has been tampered with. He managed to get his money back but experts say odometer fraud is on the rise. Here’s how it works and how you
Like many Canadians dealing with the uncertainty of tariffs from the U.S. and rising prices, Steve Andrews from Burnaby, B.C., was on a tight budget when he decided to buy a used vehicle. With a young family in tow, Andrews saw a registered Burnaby used vehicle dealership had a 2012 Subaru listed for a good […]
Fixed mortgage rates rise as variable-rate discounts tighten: Here’s what it means for your next loan or renewal
For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — especially as rate cuts seemed like a matter of “when,” not “if.” But the tide has turned. As of early May, both fixed […]
Canadians need to pay $150 or more in exit fees just to leave their bank — TD Bank is the latest to hike transfer-out fees
TD Canada Trust quietly announced it will double its Registered Retirement Savings Plan (RRSP) and Tax-Free Savings Account (TFSA) transfer-out fee — from $75 to $150 per account — starting July 1, 2025. And they’re not alone. RBC made a similar move in 2022, upping their fee from $50 to $150, and Tangerine bumped theirs […]
A $100K wake-up call: Why saving now could spare your child a lifetime of financial struggle
It’s hard to believe it now, but your child will eventually become an independent grown-up with their own career, hobbies, and bills. Why not give them a running start into financial adulthood? Planning for your child’s financial future might feel overwhelming, but even small steps today can make a big difference tomorrow. Whether you’re dreaming […]
Canada Post strike sparks investor shake-up: Delivery delays could boost logistics and fintech stocks by double digits
A Canada Post strike is most definitely a labour and distribution issue, but for smart investors this strike is also a chance to spot early trends, test company resilience and even uncover hidden opportunities in the investing market. Whether you’re new to investing or already building a portfolio, here’s what to watch — and how […]