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 […]
No yard, no problem? PC’s backyard giveaway exposes how city life leaves too many Canadians without green space
Not everyone in Toronto or Vancouver gets to enjoy the quintessential Canadian summer — backyard barbecues, sunny hangouts with friends, or simply a patch of grass to relax on. For the millions living in high-rise condos and rental units with no outdoor space, summer pleasures often come secondhand. And now, even borrowing a backyard is […]
I’m only 25 and my mom has tanked my 700-plus credit score after falling behind on payments for an auto loan she had me co-sign when I was 18. How do I stop her from derailing my future?
It sounds like you were doing all you could to get your finances together in your twenties, like paying your bills on time and being mindful of your debt. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 6 of the easiest ways […]
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 […]
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 […]
‘No one’s posting receipts’: Social media FOMO can land you in tens of thousands of debt, 3 signs you are in trouble
The old saying “comparison is the thief of joy” is increasingly relevant in the age of social media. A 2024 study by LendingTree found that more than six in 10 Gen Zers say they feel pressured to spend to keep up with others. For Alyssa Davies, a 32-year-old content manager from Calgary, Alta., the cost […]
Smart car shopping in retirement: What to consider before buying a vehicle on a fixed income — from budget tips to choosing the right features for your lifestyle
You’re enjoying your retirement years, taking the occasional road trip to spend time with friends and family. But your car has seen better days — nearing the end of its life at 200,000 miles. Since you haven’t purchased a car in a long time, you may be surprised at how much vehicles have changed — […]
Good ideas and power moves: How Taylor Swift’s savvy business moves turned her into a global music mogul — and what you can learn from her success
“Look what you made me do.” — Taylor Swift, Reputation album (2017) That wasn’t just a mic drop — it was a mission statement. Over the past decade, Taylor Swift hasn’t just rewritten pop music; she’s rewritten what it means to be a modern business mogul. From boardroom negotiations to billion-dollar brand-building, she’s taken control […]
Canadian small businesses’ confidence is at an all-time low amid US trade tensions
A lot of Canadians are reasonably on edge lately, with US president Donald Trump’s continued talk of annexing Canada and various tit-for-tat tariff threats lobbed back and forth across the border. That tension has been reflected in Canadian businesses, with the Canadian Federation of Independent Business (CFIB)’s Business Barometer crashing to an all-time low in […]