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 […]
Should you keep all your money in one bank? We take a deep dive into the pros and cons of centralizing your finances in one place
There’s no denying that using one bank is more efficient, convenient and streamlined than storing your money in multiple banks. But is centralizing all of your wealth in one place truly the best way to manage it? As with most decisions, there are benefits and drawbacks to this common financial practice. Here, we break down […]
“Please make sure your head is on straight” — An Ontario professor’s retirement plan was derailed after her mothers sudden death. Here’s how she got it back on track
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 […]
Canada Post strike could delay CPP and OAS: Here’s how seniors can protect their income
As talk of a Canada Post strike heats up, many Canadians — especially seniors — are wondering what it means for their monthly income. For those relying on government programs like the Canada Pension Plan (CPP), Old Age Security (OAS), or the Guaranteed Income Supplement (GIS), the fear of missing a payment can cause real […]
Couple loses $30K in suspected Nova Scotia Power cyberattack — How to protect your info before it’s too late
With digital banking a ubiquitous norm for almost all Canadians, we can access our finances at the click of a button. Unfortunately, so can thieves and bad actors — if they have the right information. On May 15, Diane and Michael Betts found their Manulife line of credit missing $30,000 and a $500 charge on […]
Canadians still avoiding the U.S., trips down nearly 40% in May
It looks like elbows are still up as Canadians continue to boycott the U.S through economic means. According to the latest Statistics Canada report, there was a significant decline in Canadian road trips to the United States last month — data shows a 38% decrease in May 2025 compared to the same period last year, […]
A combined $1.8 million in losses: Victims share their experience with GIC fraud — how to protect yourself from similar scams
In a time when financial insecurity is high and many are looking for ways to safeguard their money or increase their wealth, fraudsters are taking advantage of that vulnerability. Recently, three Canadians fell victim to a fraudulent scheme involving fake Guaranteed Investment Certificates (GICs), losing a combined $1.8 million. The scam, which has been gaining […]
Trump’s tariffs, market chaos and the rise of inverse ETFs: How investors are hedging market downturns
In today’s turbulent economic climate, marked by President Trump’s recent tariffs on Canada, Mexico and China, concerns about a potential recession are escalating. As markets react to these developments, investors explore strategies to protect their portfolios. One such strategy involves inverse exchange-traded funds (ETFs). What are inverse ETFs? Inverse ETFs, also known as bear or […]
No yard, no problem? PC’s backyard giveaway exposes how city life leaves too many Canadians without green space
Not everyone in Toronto or Vancouver gets to enjoy the quintessential Canadian summer — backyard barbecues, sunny hangouts with friends, or simply a patch of grass to relax on. For the millions living in high-rise condos and rental units with no outdoor space, summer pleasures often come secondhand. And now, even borrowing a backyard is […]
I’m only 25 and my mom has tanked my 700-plus credit score after falling behind on payments for an auto loan she had me co-sign when I was 18. How do I stop her from derailing my future?
It sounds like you were doing all you could to get your finances together in your twenties, like paying your bills on time and being mindful of your debt. 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 […]