Warren Buffett’s Canadian stock pick — and 3 tips that let you invest like a pro
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…
How a man travelled the world in 24-hour trips — and how Canadians can do it too
Kevin Droniak, a 27-year-old content creator, has captivated audiences with his innovative approach to travel, undertaking 24-hour trips to destinations such as Paris, Egypt and Puerto Rico. His philosophy centres on maximizing experiences without the need for extended vacations or hefty budgets. Droniak’s method involves skipping hotel accommodations and focusing on one main activity per…
Can you pay CRA taxes with a credit card in 2025? Fees, risks, and better options explained
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…
Hey gals, here are the worst mistakes you’re making with money
Ladies, we can be truly savvy with our dollars, especially when it comes to finding a great deal. Women are so good at managing money that 20% of Canadian spouses relied solely on their female partner to set and follow the household monthly budget, according to survey released in 2023 by Loans Canada, the nation’s…
How to file your taxes online in Canada — for FREE!
Whether you’re filing your taxes for the first time or looking for a better, cheaper way to do it, this short guide will show you how easy it is to file your taxes online in Canada. In truth, you can file your tax return online or by mail. But the Canada Revenue Agency (CRA) —…
Edmonton property developer owes $75M to former retirement residents but one thing is holding the company back from paying: How to avoid a similar nightmare
An Edmonton property developer, Christenson Group of Companies, is facing mounting financial troubles, leaving more than 200 former residents in financial limbo. The company owes approximately $75 million to individuals who had invested in life-lease contracts at nine retirement homes, according to a CBC News story. “Hope has certainly been waning,” Jim Carey, president of…
First-time buyers rethink starter homes amid affordability challenges
Bryan Blue and Maggie McTavish, both in their early 30s, recently achieved the milestone of purchasing their first home in St. Catharines, Ontario. However, their journey to homeownership was fraught with challenges, reflecting broader trends in the province’s housing market. The couple’s experience underscores the evolving nature of what constitutes a "starter home." Traditionally, starter…
More than three-quarters of Gen Z Canadians are ready to invest their tax returns
It can often be difficult to know where to start when it comes to investments. For many Gen Z Canadians especially, it can be much more difficult to invest, with lower incomes compared to those who have been in the workforce longer. But a new TD Trust survey reveals 76% of Gen Z Canadians are…
Bank bundles: Yay or nay, and why?
I love to bundle up. And I’m not talking about adding extra layers of clothing when it’s cold outside. I mean that I enjoy saving money when companies offer bundling bonuses or discounts to customers who get more than one product from the same merchant. It’s an especially popular marketing strategy with telecommunications, software and…
I use my credit card like a debit card and earned $600 in rewards in 2024. I think this is ‘free money’ but my friends tell me it’s not. So what are the drawbacks?
Could using your credit card lead to free money? Possibly — if you treat credit cards the same way you would a debit card. For example, you sign up for a cashback credit card offering 5% on grocery store purchases and spend $12,000 on groceries in a year. By paying off your balance in full…