How one Redditor’s “Buy Canadian” experiment sparked a homegrown lifestyle shift
In a world dominated by imports and fast consumerism, one Reddit user set out to answer a simple question: Can I live my daily life using mostly Canadian-made products? The results were not only surprising, they sparked a groundswell of enthusiasm among others trying to do the same. “I’ll be honest, I didn’t expect much […]
I’m 65, tired of working and have very little savings — is it possible to live off CPP alone? Yes, but you’ll need to make these 3 big sacrifices
If you plan on retiring and rely primarily on the Canada Pension Plan (CPP) you may have heard you will end up being perpetually cash-strapped. So, does that mean you should stay at your job? Learn to survive on noodles? Or work more to build up savings? To help you decide, you first need to […]
Avoid these mistakes: Canadians risk losing up to $100K by ignoring these low-risk investment options
One of the keys to building wealth is understanding the relationship between risk and reward. Canadians are always on the lookout for low-risk investments, but you must understand that free lunches do not exist. A risk-free investment (like a GIC) has a lower expected return than a high-risk investment (like an individual stock). As an […]
Should you keep all your money in one bank? We take a deep dive into the pros and cons of centralizing your finances in one place
There’s no denying that using one bank is more efficient, convenient and streamlined than storing your money in multiple banks. But is centralizing all of your wealth in one place truly the best way to manage it? As with most decisions, there are benefits and drawbacks to this common financial practice. Here, we break down […]
Air Canada’s $500M share buyback explained — what investors need to know before June 20
Air Canada (TOR:AC.TO) is buying back up to C$500 million worth of its own stock through a substantial issuer bid, a type of buyback that gives shareholders a chance to sell their shares directly back to the company at a premium. The deadline to participate is June 20, 2025. If you’re a shareholder, you now […]
“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 […]
Canada Post strike could delay CPP and OAS: Here’s how seniors can protect their income
As talk of a Canada Post strike heats up, many Canadians — especially seniors — are wondering what it means for their monthly income. For those relying on government programs like the Canada Pension Plan (CPP), Old Age Security (OAS), or the Guaranteed Income Supplement (GIS), the fear of missing a payment can cause real […]
Couple loses $30K in suspected Nova Scotia Power cyberattack — How to protect your info before it’s too late
With digital banking a ubiquitous norm for almost all Canadians, we can access our finances at the click of a button. Unfortunately, so can thieves and bad actors — if they have the right information. On May 15, Diane and Michael Betts found their Manulife line of credit missing $30,000 and a $500 charge on […]
Canadians still avoiding the U.S., trips down nearly 40% in May
It looks like elbows are still up as Canadians continue to boycott the U.S through economic means. According to the latest Statistics Canada report, there was a significant decline in Canadian road trips to the United States last month — data shows a 38% decrease in May 2025 compared to the same period last year, […]
A combined $1.8 million in losses: Victims share their experience with GIC fraud — how to protect yourself from similar scams
In a time when financial insecurity is high and many are looking for ways to safeguard their money or increase their wealth, fraudsters are taking advantage of that vulnerability. Recently, three Canadians fell victim to a fraudulent scheme involving fake Guaranteed Investment Certificates (GICs), losing a combined $1.8 million. The scam, which has been gaining […]