BoC holding rates in April 2025: Who wins and who loses with latest Bank of Canada rate announcement?
After seven consecutive rate cuts, the Bank of Canada (BoC) hit pause — holding its key policy rate at 2.75% on April 16, 2025 — as growing uncertainty around U.S. tariffs clouds the country’s economic outlook. Canada’s central bank chose not to issue its usual economic forecast, citing an inability to predict how trade tensions…
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…
This region has the nation’s largest wealth and income gaps — with just 9 households controlling more wealth than the entire bottom half
When you think of Silicon Valley, the first thing that comes to mind is technological innovation. But it’s also home to a lot of money. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 5 of the easiest ways you can catch up…
More than half of Canadian organizations plan to invest in agentic AI
AI is everywhere these days, in all of our devices, search engines and much more. While much of the impact is still unknown in these early days, it’s clear AI integration is here to stay. The latest KPMG poll shows more than half of Canadian organizations plan to invest in agentic AI in the next…
Not all Canadians are united on tariffs
In the wake of sweeping U.S. tariffs, a study from INNOVATIVE Research Group, The Great Canadian Spending Shift: Meet Canada’s Post-Tariff Consumers, found that Canadians are far from united in how they’re adjusting their financial behaviour. "We often hear about national unity in response to tariffs, but our research shows the opposite,” Jared Gill, strategy…
Canada sees surge of support for buying local
A new Interac survey shows nearly all – nine in 10 – Canadians say supporting local Canadian businesses is important to them. Only slightly less, eight in 10, agree that buying Canadian feels more important than it did last year, due to the trade tensions caused by the US. "Amid the current climate of economic…
This NYC building offers $250 per month rent for homeless, disabled patients — here’s how to find affordable housing options when you’re living on a scant income
There’s relief for some NYC residents who are struggling to find budget-friendly housing. Low income and homeless New Yorkers can now live in an affordable housing building located in Bed-Stuy, offering a sense of security to those who live there. Don’t miss I’m 49 years old and have nothing saved for retirement — what should…
‘I’m tired of Elon Musk’: This Tesla owner traded in his Model Y because he was ‘embarrassed to drive it’ — here’s how to effectively manage disputes with your dealership
After almost three years of owning a Tesla Model Y, Joe Romer traded in his car because he’s no longer a fan of Elon Musk. “I’m tired of Elon Musk and all of his garbage,” Romer told CNN, sharing his reason for wanting to trade in his car. “I’m getting rid of [my Model Y]…
You worked hard for your tax refund — don’t waste it. Here are 5 strategies, from experts, to turn your tax refund into real security, freedom and maybe a bit of joy
Were you quick to submit your taxes the minute the Canada Revenue Agency (CRA) started accepting T1 returns on Feb. 19, 2025? Or were you planning to wait until the last minute and file by the April 30 deadline? Either way, it’s time to consider the best strategy if you anticipate a tax refund. According…
‘I’m powerless’: New Jersey family left in the dark after $55,000 solar panel system breaks down and the company files for bankruptcy — what customers can do when a business goes belly-up
Kira Traore says she was paying exactly zero dollars in electricity bills for her home in New Jersey — until late last year when the self-sustaining solar power system broke down. The timing couldn’t have been worse — the company that the family purchased the system from had just filed for bankruptcy, according to CBS…
