“I don’t think I’ll ever own a home.” That’s the reality for half of Canadians — and two-thirds of millennials — who now see homeownership as a dream slipping out of reach. With recession fears rising and interest rates stuck in uncertainty, more and more working Canadians are stepping back from the housing market entirely.…

Canmore, Alberta, has introduced a new tax targeting vacant and tourist homes, aiming to address the town’s housing affordability crisis. The policy, known as the "Liveability Tax," has stirred divisions within the community, with some residents supporting the measure as a necessary step toward increasing housing availability, while others view it as an unfair burden…

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…

Former computer scientist and professor, Julia Johnson (72), was used to creating plans and executing them, and retirement was no different. But her plans went awry when her mother unexpectedly passed away. Right before retiring in 2020, Johnson had taken an exit sabbatical so she could have time to move from Ontario to Edmonton, Alberta…

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…

Tracy and Dale McMullen are Canadians who had a vacation home in Buckeye, Arizona, for five years until they sold it in April. The couple typically spent four to five months a year in the U.S., but now say they don’t plan on returning anytime soon. “We decided to sell the property after the current…

The car is often viewed as a symbol of freedom, allowing you to travel anywhere you want, when you want, on the open road. But they often come with a hefty pricetag and a host of hidden costs. For many Canadians, their car is transforming into more of a financial burden than it is worth.…

Last year, legendary investor Warren Buffett set his sights on Canadian companies — and captured the attention of investors after securing a sizeable stake in Canadian-based insurance provider, Chubb (NYSE:CB). Known for his strategic value investments, Buffett’s move hints at some promising opportunities within the Canadian market. For Canadian investors, there is one simple but…

Wasaga Beach in Ontario is turning up the volume this summer as it celebrates its 50th anniversary with a stacked lineup of over 30 free live concerts, headlined by Canadian icons such as Tom Cochrane, The Strumbellas and The Carpet Frogs. The town, best known for its stunning shoreline and laid-back vibe, is marking this…

You probably don’t give much thought to filling up your gas tank during your weekly errands. Swipe your card, fill the tank and be on your merry way. But danger lurked underground for Phoenix resident Clarissa Amoroso. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t…