BoC walks tightrope: Growth gains hampered by slowing demand making a hold at 2.75% likely
Canada’s economy grew faster than expected in early 2025. But dig past these positive headlines and just about everyone can see that cracks are forming. This is the situation the Bank of Canada economists are in as they make one of its toughest calls yet: lower rates or stay the course? Split economy complicates the […]
B.C. powers up savings and climate action with new heat-pump rebates
British Columbia has unveiled a powerful new rebate program offering up to $5,000 for residents in low-rise condos and townhomes to install electric heat pumps, a move that could slash energy bills and help fight climate change. Announced on July 15 by the Ministry of Energy and Climate Solutions, the two-phase program will first target […]
5 of the best low-risk investments for Canadians that protect your cash — and earn you more in 2025
One of the keys to building wealth is understanding the relationship between risk and reward. Canadians are always on the lookout for low-risk investments, but you must understand that free lunches do not exist. A risk-free investment (like a GIC) has a lower expected return than a high-risk investment (like an individual stock). As an […]
Crushed by costs: Survey reveals ‘cost of living in Canada’ now the top fear for households (just ahead of BoC rate decision)
Even as Canadians kick back and enjoy exploring their own country or relax into summer while soaking up sunshine rays, many are still struggling with the higher cost of living. As the Bank of Canada prepares for its next interest rate decision on July 30, 2025, a recent survey from Money.ca shows that nearly two-thirds […]
Canada Post strike could delay CPP and OAS: Here’s how seniors can protect their income
The negotiations between Canada Post and its unionized postal workers have been ongoing for more than 18 months and despite a mandate from the federal jobs minister, more than three weeks ago, there’s still been no date set for a vote by Canada Post workers on the “final” contract offer by the Crown corporation. As […]
One year after wildfire, Jasper still rebuilding
When multiple wildfires tore through Jasper National Park on July 22nd, 2024, the result was one of the most destructive fire events in Canadian history, destroying 358 properties and causing around $1.2 billion in insured damages. Thousands were forced to leave their homes, not knowing whether they would ever get the chance to return. Residents, […]
From coast to coast, Canadians are gearing up to discover the beauty in their own country — for the first time
Canada is a pretty big country, with plenty to see and do, to say the least. This should be news to exactly no one, but many Canadians have not traveled through much of their own country. A new survey from Go RVing Canada reveals almost eight in 10 Canadians say they’re interested in exploring more […]
7 ways to invest with little money and get big returns
Let me share a secret: you don’t need to be rolling in dough to start investing. Some wealth managers prefer clients who have six (or seven!) figures to invest. But guess what? Times have changed and technology has opened the door to DIY investing. You can easily start investing without a sizeable sum or a […]
Ottawa revives electric vehicle incentives: What this means for your wallet
After a brief hiatus, the federal government is set to reintroduce incentives for electric vehicle (EV) buyers, aiming to accelerate Canada’s transition to greener transportation and ease the upfront cost burden for consumers. The announcement, made by Minister of Transport Lisa Joly earlier this month, marks a significant policy shift intended to support environmental goals […]
Tariff turmoil: Alberta drivers slammed by soaring insurance costs tied to U.S. trade war
President Donald Trump’s tit-for-tat tariff war has led to innumerable impacts, not all of them obvious. For instance, virtually no one predicted how the on-again-off-again U.S. tariffs would impact Alberta’s insurance market. Sadly, that’s exactly what has happenened. The Insurance Bureau of Canada (IBC) recently commissioned Deloitte to undertake an analysis on the impacts of […]