Carney? Poilievre? Singh? In advance of the 2025 election, here’s how to invest in Canada based on party leader
This year’s election cycle is anything but boring, and that’s putting it lightly. Between rising global tensions, and the return of Trump-era tariffs, it’s easy to feel uneasy about investing your money. More investors are looking local for opportunity. There’s a growing “Buy Canada” push from policy-makers, retailers and investors alike. But where does that…
New cars cost nearly $50K on average — $10K more than 5 years ago. Here are the financial realities of buying a new car and how to manage auto financing wisely
Like just about everything else in the world, new cars have become quite expensive in recent years, and that cost doesn’t seem to be coming down any time soon. According to data from Kelley Blue Book, a new car now costs about $10,000 more than it did five years ago, with the average new vehicle…
Dazed and delinquent: 1 in 5 borrowers are late on their student loans during a confusing repayment rollout — and the cost of a mistake can be severe
Federal student loan borrowers have endured five years of chaotic changes as various relief programs started, stopped and shifted. But the return to “normal” may be the messiest change of all. Payments formally resumed in October 2023, though former President Joe Biden and his administration paused repayment for certain types of loans for most of…
Investigation reveals Californians are forced into the FAIR plan despite living in low-risk areas for wildfires — why this is happening and what residents can do about it
A recent investigation by CBS News found that since many private insurance companies have stopped issuing new policies, homeowners are being forced into the state’s insurance plan, the FAIR plan, despite living in low fire risk areas. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t…
10 best neighbourhoods in Montreal
One of Canada’s largest urban centres, Montreal is known as a vibrant Quebecois city, rich in history, culture and culinary delights. The city’s bilingual reputation adds a certain “je ne sais quoi” to the allure of the metropolis. Despite its harsh winters, Montreal rewards its residents with a bevy of welcoming and personality-rich neighbourhoods that…
I barely drive my Volvo SUV — but I can’t decide if I should downsize to save money or hold on to it for a few more years. Will trading it in sooner save me much more money?
Thinking of downsizing your vehicle to save money? Not so fast. Downsizing a vehicle could save you money if, for example, the new car offers better fuel efficiency and it’s a model that generally costs less to maintain. But your overall out-of-pocket costs will also depend on factors like how long you’ve owned your current…
This British Columbia woman says her ‘animal instincts’ saved her from falling victim to a $28K paving scam — here are the red flags that set off her spidey senses
Tracy Bekker, a Canadian business owner in Port Alberni on Vancouver Island, British Columbia, almost got scammed out of $28,000 until she told reporters that her “animal instinct” kicked in. In late March, Bekker says she was approached by someone who worked at a paving company, who offered her a discounted price to pave her…
‘It’s not taxed at all’: Warren Buffett shares the ‘best investment’ you can make when battling inflation — and it doesn’t have to cost you a dime
Warren Buffett is rich. According to the latest Bloomberg Billionaires Index, Buffet’s net worth is an estimated US$133 billion making him the sixth richest person in the world. Buffett’s net worth ranks below the likes of Elon Musk, Jeff Bezos, Bernard Arnault, Bill Gates, Steve Ballmer, Larry Ellison and Larry Page; however, it’s the way…
My brother needed grocery money for a few months, so I lent him the cash. He paid me back, but now he’s short again. Should I keep lending him money? Here’s how to offer a ‘responsible’ loan
A few years ago, your brother borrowed money to help pay for groceries for several months, and paid you back. But now, he finds himself short of cash again and you’re not sure whether you want to lend her more money. Wanting to help out a friend or family member when they’re in a financial…
With BoC rates holding steady amid global uncertainty, now’s the time to rethink your finances: 7 key ways to reshape your money decisions
The Bank of Canada (BoC) announced the second rate drop of 2025 — with a 25 basis point rate cut to its overnight rate. The rate cut of 0.25% was announced on March 16, 2025, following a 25 basis point drop in January of this year, which followed a 50 basis point cut in December…
