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 […]
Think you’re healthy? Why critical illness insurance in Canada might still be essential
Choosing insurance is as much about planning for the future as it is about meeting your needs now. You choose your car insurance policy based on what car you’re driving and your health insurance according to what type of care you need this year. But there are many types of “what-if” insurance that are just […]
FIFA World Cup set to score big for Canada’s economy
Canada is about to host one of the biggest events on the planet and the economic playbook looks like a winner. With Vancouver and Toronto set to welcome fans from around the globe for the 2026 FIFA World Cup, economists and tourism officials alike are bullish on the potential windfall. According to a joint report […]
Ottawa woman accuses husband of ‘love bombing,’ leaving her $300K in debt
Browsing the internet or social media will bring about many first-hand accounts of dating and marriage horror stories that would render even the most hopeless romantic a cynic. Here’s one such story. Christina MacCrimmon of Ottawa claims she was the victim of ‘love bombing’, that left her nearly $300,000 in debt. "It’s just unimaginable to […]
Canadians are worried current market volatility will impact their future financial independence
Invest, save and then invest some more. This is the advice many Canadians receive when seeking a financial plan – the specifics of the investments and savings notwithstanding. But current market volatility may be putting somewhat of a damper on those thoughts of financial independence. Almost half (48%) of all respondents in the annual RBC […]
Are you a spender, saver, earner or ostrich? No matter your financial personality type there’s a budget for you!
If you’ve ever tried and failed to stick to a budget, the problem may not be with you but with your budgeting strategy. Different forms of financial management suit some personalities better than others — select the wrong one and you could find it difficult to stay on track. The different money personality types To […]
New Brunswick man fined more than $4K for an accident that happened 60 years ago
An 86-year-old New Brunswick man is facing a hefty fine for an accident he has no memory of — an incident that took place 65 years ago in Toronto. Ossie Gildart was shocked to learn that his driver’s licence had been suspended due to an uninsured accident from 1960, after a recent fender-bender led him […]
Scooping up the cost: Chapman’s Ice Cream freezes prices despite ongoing threat of U.S. tariffs
Chapman’s Ice Cream has been a staple in grocers’ freezers for almost a half a century and the Ontario-based creamery has stayed proud of and true to their origins as one of the favourite ice creams of Canadian families. The recent trade war with the U.S. is no exception. In response to U.S. tariffs on […]
Beyond stocks: Discover lucrative collectible investments for a diverse portfolio
While traditional stocks remain a staple for many investors, today’s market volatility has inspired a search for alternatives that offer both financial growth and a tangible connection to passions. Enter collectible investments: a diverse asset class where fine art, vintage wines, rare trading cards and even classic comic books hold the potential to yield big […]
Extreme weather takes growing toll on commercial insurance sector
Canada faced one of its most expensive years for insured losses in 2024, with severe weather wreaking havoc on both homes and businesses. While homeowners bore the brunt of the damage, commercial properties also suffered massive losses, pushing the total insured damages to over $1.7 billion — the second-highest in the country’s history. "Thousands of […]