62% of Canadians rely on income from contract work, so what happens if this money disappears? Here’s how you can protect your loved ones
The gig economy is a big economy. According to a 2025 survey by Statistics Canada, approximately 28% of Canadians — roughly 8.7 million adults — engage in some form of gig work across the country. In the same Stats Can report it was shown that 62% of gig workers rely on their gig income either […]
Watch out GTA commuters: RBC latest big company to mandate back-to-office mandates in 2025
The return-to-office (RTO) movement is accelerating across Canada in 2025, with the Canadian federal government and major corporations rolling out RTO orders that are reshaping the work-life balance for thousands of employees. Even large U.S.-based companies with Canadian offices, such as Amazon, Dell, JPMorgan Chase, Disney and BlackRock are pushing for increased in-office presence, leaving […]
“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 […]
Ottawa revives electric vehicle incentives: What this means for your wallet
After a brief hiatus, the federal government is set to reintroduce incentives for electric vehicle (EV) buyers, aiming to accelerate Canada’s transition to greener transportation and ease the upfront cost burden for consumers. The announcement, made by Minister of Transport Lisa Joly earlier this month, marks a significant policy shift intended to support environmental goals […]
‘All the crypto cowboys are gone’: Kevin O’Leary says the sector is safe now and is backing stablecoins — but experts say it could be ‘sowing seeds of a financial crisis’
Despite big bets by financial giants like BlackRock, many investors still have trouble taking cryptocurrency seriously. And it’s not just the memes and quirky fans pushing people away. In 2022, about 8% of U.S. adults called cryptocurrency the best long-term investment around. That number has been cut in half ever since the collapse of crypto […]
Nearly half of Canadians are feeling burnt out
The relentless push of hustle culture and the grind mentality dominates social media, but at the end of the day, we’re only human— and an unbalanced work-life dynamic can take a serious toll. A new survey from Robert Half suggests that many Canadians are feeling the strain, with nearly half reporting symptoms of burnout. "In […]
85 million TikTok views say Dave Ramsey’s advice is outdated — young Canadians refuse to sacrifice to get out of debt
Dave Ramsey has fervently preached financial advice to North Americans for decades — but younger generations are now slamming the white-bearded radio host for offering counsel that doesn’t quite account for the current cost-of-living crisis. One frothy example is Ramsey’s repeated attacks on those who spend money to buy their daily cuppa Joe. In a […]
Canadians need to pay $150 or more in exit fees just to leave their bank — TD Bank is the latest to hike transfer-out fees
TD Canada Trust quietly announced it will double its Registered Retirement Savings Plan (RRSP) and Tax-Free Savings Account (TFSA) transfer-out fee — from $75 to $150 per account — starting July 1, 2025. And they’re not alone. RBC made a similar move in 2022, upping their fee from $50 to $150, and Tangerine bumped theirs […]
Canadians cut US travel by 40% as tariffs spark boycott movement
Last month, the number of Canadian vacationers in the United States experienced a significant decline, with bookings dropping by 40% compared to the previous year, according to Flight Centre Canada. This downturn is largely attributed to U.S. President Donald Trump’s imposition of tariffs on Canadian goods and his contentious remarks about annexing Canada as the […]
Many Canadian gig workers not aware of tax rules
Although nearly a quarter of Canadians have been a part of the gig economy, 66% of gig workers were not aware of new rules requiring platforms to report users’ income to the Canadian Revenue Agency (CRA). This is according to the latest survey from H&R Block. "In light of the new federal legislation, the [CRA] […]
