The ‘Godfather of AI’ says the rapidly developing technology will spike unemployment- should you be concerned?
Geoffrey Hinton, called the ‘godfather of AI’ because of his pioneering computer science work earning him a Nobel Prize in 2024, is predicting a major spike in unemployment because of the technology. In an interview with Financial Times, (1) Hinton explained his concerns with AI and how he predicts that the capitalist system is going […]
Stop overpaying — here’s how 15 Canadian stores will match or beat prices so you never waste money again
A great way to save money on a shopping trip is to look out for price match guarantees or price beating policies. Participating stores will usually ask for either a digital or physical proof that a competitor is offering that exact item for a lower price. Not only can price match policies save you money […]
Most Canadians aren’t ready for the $1 trillion wealth transfer
As Canada’s population ages, a massive wealth transfer is looming — one experts say many households aren’t ready for. The Great Wealth Transfer, which predicts a staggering $1-trillion reallocation of wealth, has raised concerns about Canadians’ preparedness for what will happen to their estate once they pass away. This concern is not without merit. According […]
You can’t fix what you don’t track — do you really know where your money goes?
Your credit score might just be three digits, but those numbers can make a big difference in your life. A strong score can open doors to lower mortgage rates, cheaper insurance, and better loan offers — savings that can add up to thousands of dollars over time. In other words, the better your credit, the […]
Majority of Canadians don’t think they will ever get to retire, according to HOOPP survey
Affordability challenges and economic uncertainty have many Canadians feeling anxious about retirement. A new survey from the Healthcare of Ontario Pension Plan (HOOPP) and Abacus Data shows that rising costs for housing and everyday essentials are reshaping how Canadians think about their financial futures. Two-thirds (66%) of unretired Canadians now expect they will have to […]
After the 2025 market slump, is it finally save to buy stocks again?
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Markets have steadied after a turbulent spring when President Trump’s sweeping tariffs on Canada, Mexico and China rattled global investors. The S&P 500 and TSX have since clawed back […]
The Buffett Indicator is screaming danger — Canadian investors face a riskier bubble than 1999. Is it time to dump stocks?
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Momentum in U.S. stocks just keeps building, with the S&P 500 recently hitting fresh record highs. Yet despite the market euphoria, one criterion — popularized by none other than […]
Canadian small businesses pay 20% more tax than U.S. competitors, CFIB warns
Canadian micro and small businesses are paying significantly more in taxes than their U.S. counterparts, according to new research from the Canadian Federation of Independent Business (CFIB). According to the report, a firm with four employees in Canada pays, on average, 20% more in taxes than one of the same size in the United States. […]
Toronto tenant says she was nearly evicted after paying rent — why advocates say it’s becoming common
Toronto resident Sara Basso had been living in the same low-rise for over a decade and ostensibly had a good arrangement with her landlord. That is, until she received what she believed was a “meritless” eviction application in January, she told CBC News (1). Basso received a copy of the application that was filed with […]
One year on, Calgary’s $3bn hailstorm still has Canada playing catch-up
A year after the second costliest natural disaster in Canadian history, insurers, homeowners and city officials say the country still lacks a unified plan to respond to extreme weather events. On August 5, 2024, massive hailstones pummelled northeast Calgary, causing nearly $3 billion in insured damages. Most of that damage was to homes and vehicles. […]