Fixed mortgage rates rise as variable-rate discounts tighten: Here’s what it means for your next loan or renewal
For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — especially as rate cuts seemed like a matter of “when,” not “if.” But the tide has turned. As of early May, both fixed […]
Canada’s Wonderland accused of misleading ticket prices in federal lawsuit
Canada’s Wonderland, Ontario’s premier amusement park, is under scrutiny by the Competition Bureau for allegedly advertising misleading ticket prices on its website. The federal agency has filed a lawsuit, claiming the park’s online pricing practices contravene the Competition Act by deceiving consumers about the true cost of admission. Allegations of deceptive pricing practices According to […]
Is there hope for Gen Z grads? What the recent wave of layoffs can tell us about the shaky job market and how to prepare
Graduation typically brings with it great excitement. And to get to this point, college graduates entering the job market today likely already had to navigate their studies during a pandemic, in addition to managing the costs and usual rigours of their academic preparation. They’ve also likely heard that degrees alone are no longer enough to […]
‘If I have to move, it’s finished’: This San Francisco steel worker may lose his 23-year-old business because the State of California has evicted him — in response to a fire in another city
The California Department of Transportation (Caltrans) handed eviction notices to several businesses in the San Francisco Dogpatch neighborhood, even though the owners haven’t seem to have done anything wrong. Caltran’s general inspector published a report that outlines concerns about the management practices of leased properties close to highway structures. Don’t miss I’m 49 years old […]
CIBC launches new CIBC Adapta Mastercard, Canada’s first credit card that AUTOMATICALLY adapts to spending behaviour
CIBC has launched the innovative CIBC Adapta Mastercard, Canada’s first credit card that automatically adapts to your spending habits, delivering 50% more points where you shop most. The new, no annual fee card revolutionizes how Canadians earn rewards by automatically identifying your top three spending categories each month and awarding 1.5 Adapta Points per dollar […]
Financial MLMs: How to spot the difference between a multi-level marketing scheme and an actual business
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 […]
This region has the nation’s largest wealth and income gaps — with just 9 households controlling more wealth than the entire bottom half
When you think of Silicon Valley, the first thing that comes to mind is technological innovation. But it’s also home to a lot of money. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 5 of the easiest ways you can catch up […]
Calgary’s film industry sees surge in production demand amid national slowdown
In 2024, Calgary’s film industry reported a notable increase in production activity, with several high-profile projects underway. This surge is attributed to a combination of factors, including the city’s versatile landscapes, competitive tax incentives and the establishment of dedicated facilities such as the Calgary Film Centre. Industry professionals have highlighted the city’s ability to double […]
‘I’m powerless’: New Jersey family left in the dark after $55,000 solar panel system breaks down and the company files for bankruptcy — what customers can do when a business goes belly-up
Kira Traore says she was paying exactly zero dollars in electricity bills for her home in New Jersey — until late last year when the self-sustaining solar power system broke down. The timing couldn’t have been worse — the company that the family purchased the system from had just filed for bankruptcy, according to CBS […]
Can you pay CRA taxes with a credit card in 2025? Fees, risks, and better options explained
If you owe the taxman money this year, paying on time is the best way to avoid penalties and interest. As Canada’s tax law administrator, the Canada Revenue Agency (CRA) makes it easy to pay your taxes in a number of different ways — including by swiping your credit card. If you’re thinking about using […]
