7 smart ways to fight inflation, cut debt, and save big in 2025 — even on a tight budget
According to Statistics Canada, the current inflation rate is 1.7% and BMO as well as other bank analysts are predicting the nation’s inflation rate will continue to hover around the 2% target rate throughout 2025. While these rates are lower than some we’ve seen in recent years, it’s certainly not negligible, especially if you’re still […]
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 […]
Love, lies, and $5 million: Winnipeg lottery battle exposes the high price of trust
A Winnipeg man’s $5 million lottery win has turned into a legal saga after his former partner claimed the winnings and allegedly cut off all contact. The case, now before Manitoba’s Court of King’s Bench, offers a stark lesson about the financial risks of informal arrangements in personal relationships. Lawrence Campbell alleges he purchased the […]
Feel confident investing in Nvidia: Why dollar-cost averaging helps Canadians build wealth long term
Nvidia (NASDAQ:NVDA) has been one of the best-performing stocks of the last decade, benefiting from advancements in artificial intelligence (AI), cloud computing, and gaming. However, its high price and volatility make it a challenging stock for Canadian investors to buy. One way to manage risk and build a long-term position in Nvidia (NASDAQ:NVDA) is through […]
Grocery giant Loblaws drops property restrictions, paving way for lower grocery prices and reshaping investor outlook
In a move hailed as a win for consumer choice and market fairness, Loblaw Companies Ltd. (TSX:L) has announced it will eliminate restrictive property controls that have limited grocery competition in Canada. The Competition Bureau welcomed the decision, calling it a “key milestone” that could help drive down food prices by allowing more retailers to […]
From wallets to Wi-Fi: As 13% of Canadians abandon cash, a digital payment revolution leaves the rest scrambling to keep up
The days of digging through your wallet for cash or cards are quickly disappearing. In a world dominated by smartphones and digital convenience, mobile payment apps are now at the forefront of how Canadians spend. In 2023, over 36% of Canadians used a mobile payment method at least once a week — nearly double the […]
An endless debt cycle: Canadians seeing rising rates when it comes to defaulting on non-mortgage bill payments
The financial strain on Canadians has reached unprecedented levels recently, with metropolitan centres such as Toronto and Vancouver experiencing dramatic increases in living costs. These elevated expenses continue to burden residents across the country. Toronto’s Greater Area (GTA) residents are particularly impacted, with new research from Oxford Economics revealing that they dedicate a larger portion […]
‘No one should have to go through that’: This Florida woman fought back when her property manager tried to evict her — and won. Why knowing your rights protects more than just your sanity
As more Floridians face evictions from mobile home parks, Kerrie Bacci is demonstrating how to stand your ground — even if that ground is owned by a huge property management company. Bacci owns her mobile home in Shangri La Mobile Home Park in Largo, Florida. What she doesn’t own is the land it sits on. […]
‘No good’: Florida couple who lost their home in Hurricane Helene raise concerns, questions after $30,000 FEMA flood insurance check failed to clear — twice. What to know if it happens to you
When Hurricane Helene tore through Ruskin, Florida, in 2024, Robert Paul and his wife lost nearly everything. Their home was destroyed, and like many Americans, they turned to their insurance provider for relief — and were relieved when their $30,000 claim was quickly approved. But that relief quickly turned to frustration. The settlement check from […]
I’m 58 years old, single and simply over the daily grind. I’ve got $970K stashed in my RRSP — can I retire today?
You’ve hit your late 50s, you’ve got a nice cushion in your Registered Retirement Savings Plan (RRSP) and suddenly you find yourself wondering if that cushion will provide you with enough comfort to retire today. The promising news is that yes, you may be able to retire today at 58 years old with $970,000 in […]