Don’t get scammed: How to spot financial MLMs and fake “get-rich-quick” schemes before they drain your wallet
Between rising interest rates, a shaky stock market and the threat of a trade war with the US, it’s no surprise that financial uncertainty has instilled fear in people in recent years. And unfortunately, this financial uncertainty makes people more vulnerable to falling for get-rich-quick (or “quicker”) schemes in times of need. More specifically, multi-level […]
Even rich seniors are scared to spend money in retirement: Here’s how to spend more and be happier without the risk of outliving your cash
You’ve worked hard to save for retirement and the time is finally here. Now, the challenge isn’t about how you’ll spend your time. A far more pressing concern is the fear of outliving your savings, which may influence how you spend your money. In other words, this apprehension could lead to spending less and truly […]
Barbara Corcoran singled out this US city as the top hotspot she’d choose to open a business. Why the mogul finds it so attractive — and how you, too, can find a budding market
Barbara Corcoran, a successful real estate entrepreneur and one of the personalities behind the popular TV show Shark Tank, has said that if she were to start over again today, she would choose Pittsburgh as the city where she would build a business. In an interview with The School of Hard Knocks posted to YouTube […]
Alberta implements a $200 EV tax. What does this mean for the future of electric vehicles?
Alberta will begin collecting an annual $200 tax on electric vehicles (EVs) starting Feb. 13, 2025. The new tax applies to all fully electric vehicles at the time of registration, while hybrid vehicles remain exempt. EV owners will be slapped with the $200 tax when they go to register their EV — after the initial […]
45% of Canadians admit biggest mistake is not saving enough—here’s how poor financial decisions can derail retirement plans
For many Canadians, the weight of past financial mistakes is proving to be more than just a temporary burden — it is actively reshaping their long-term future, particularly when it comes to retirement. A recent study from Money.ca highlights how financial missteps, from overspending to inadequate savings, are delaying critical milestones and forcing individuals to […]
‘Beyond the pale’: Atlanta ‘phantom debt collector’ harassed people into paying him debts they didn’t owe — here’s how to protect yourself from being ‘violated’ by shady professionals
Having debt is never fun. And when a representative from a lender calls you asking for the amount you owe, your nerves may get the best of you. But what if you’re being harassed? Worse yet, for a debt you don’t really owe? Don’t miss I’m 49 years old and have nothing saved for retirement […]
Feel confident investing in Nvidia: Why dollar-cost averaging helps Canadians build wealth long term
Nvidia (NASDAQ:NVDA) has been one of the best-performing stocks of the last decade, benefiting from advancements in artificial intelligence (AI), cloud computing, and gaming. However, its high price and volatility make it a challenging stock for Canadian investors to buy. One way to manage risk and build a long-term position in Nvidia (NASDAQ:NVDA) is through […]
Grocery giant Loblaws drops property restrictions, paving way for lower grocery prices and reshaping investor outlook
In a move hailed as a win for consumer choice and market fairness, Loblaw Companies Ltd. (TSX:L) has announced it will eliminate restrictive property controls that have limited grocery competition in Canada. The Competition Bureau welcomed the decision, calling it a “key milestone” that could help drive down food prices by allowing more retailers to […]
Canadian airports generate more than $123B in economic activity
Even amid global uncertainty and economic shifts, Canada’s airports continue to prove their vital role in the nation’s prosperity. A new study from the Canadian Airports Council (CAC) found that 61 airports across the country supported 435,800 full-time jobs and generated a total economic output of $123.5 billion in 2024. “At a time of global […]
Wine sales dry up at the LCBO as Ontario’s trade spat leaves California vintners reeling
It’s been a sobering spring for Ontario’s wine scene. Sales at the LCBO dropped 13% from early March to early June compared to the same period last year, marking a sharp decline that’s left both wine lovers and vintners swirling their glasses with concern. Before the recent trade tensions, the LCBO was already tracking shifting […]