I’m 65, tired of working and have very little savings — is it possible to live off CPP alone? Yes, but you’ll need to make these 3 big sacrifices
So, you’re 65 years old, have no savings, and plan on relying primarily on the Canada Pension Plan (CPP) in retirement, but you’ve heard this will leave you perpetually cash-strapped. Does that mean you should stay at your job? Learn to survive on noodles? Work more to build up savings? In October 2024, the average […]
Lux for less: Here’s the top 10 cheap hotels in Toronto that won’t have you checking for bed bugs!
Toronto’s popularity with international and domestic travellers continues to grow for good reason. Home to world-class museums, culinary delights, engaging festivals, family-friendly outings and iconic attractions, the friendly and safe city offers endless opportunities for exploration. Best of all, while it may have an (often well-earned) reputation as being a pricey metropolis, it does have […]
Are you a spender, saver, earner or ostrich? No matter your financial personality type there’s a budget for you!
If you’ve ever tried and failed to stick to a budget, the problem may not be with you but with your budgeting strategy. Different forms of financial management suit some personalities better than others — select the wrong one and you could find it difficult to stay on track. The different money personality types To […]
Air Canada’s $500M share buyback explained — what investors need to know before June 20
Air Canada (TOR:AC.TO) is buying back up to C$500 million worth of its own stock through a substantial issuer bid, a type of buyback that gives shareholders a chance to sell their shares directly back to the company at a premium. The deadline to participate is June 20, 2025. If you’re a shareholder, you now […]
Think you need to ditch Ben & Jerry’s to ‘Buy Canadian?’ The home of some of your favourite brands may surprise you
Canada is home to many well-known brands and manufacturers, but some of the foods, drinks and clothing brands you may assume are made here actually come from elsewhere – and vice versa. With globalization and corporate acquisitions, the origin of a product isn’t always obvious, even if the brand has strong Canadian ties (or even […]
Extreme weather takes growing toll on commercial insurance sector
Canada faced one of its most expensive years for insured losses in 2024, with severe weather wreaking havoc on both homes and businesses. While homeowners bore the brunt of the damage, commercial properties also suffered massive losses, pushing the total insured damages to over $1.7 billion — the second-highest in the country’s history. "Thousands of […]
They risked everything for an affordable home — now they’re broke and homeless. Don’t let the dream of homeownership turn into a nightmare
Wayne and Kathy Paquette thought they’d found the perfect retirement plan: a sleek floating home on the water, no property tax, no snow to shovel, and a fraction of the cost of a traditional house. They paid $265,000 to a man named Joe Nemins from a company called Live on The Bay. No home was […]
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 […]
How to choose the best student credit card in Canada
Choosing the right student credit card is an important step for Canadian post-secondary students looking to build credit and manage expenses. With the right card, you can not only establish good financial habits but also earn rewards such as cash back and discounts that support your student lifestyle. Here’s how to find the best student […]
‘I sued the state of Missouri’: This man bought a trailer on Facebook Marketplace — but he says when he went to get the title, he was told ‘the only way’ to do that was to sue the state
Ben Shakman, a Wildwood, Missouri resident, purchased a trailer on Facebook Marketplace for $3,500 years ago and thought all was fine. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 6 of the easiest ways you can catch up (and fast) Robert Kiyosaki […]