Watch out GTA commuters: RBC latest big company to mandate back-to-office mandates in 2025
The return-to-office (RTO) movement is accelerating across Canada in 2025, with the Canadian federal government and major corporations rolling out RTO orders that are reshaping the work-life balance for thousands of employees. Even large U.S.-based companies with Canadian offices, such as Amazon, Dell, JPMorgan Chase, Disney and BlackRock are pushing for increased in-office presence, leaving […]
‘We have hit a wall’: Kevin O’Leary has bet 19% of his portfolio on crypto — but he says Congress needs to pass these 2 bills to set off a trillion-dollar breakthrough
Kevin O’Leary has come a long way from the time he called Bitcoin “garbage.” Now, the Shark Tank judge tells Moneywise, cryptocurrency-related assets make up 19.4% of his portfolio. Besides coins and tokens, he also owns stakes in “picks and shovels” — that is, platforms and exchanges that deal in crypto. Don’t miss I’m 49 […]
BoC holds rates in June: Here’s how homebuyers and mortgage holders can stay afloat amid ongoing sky-high borrowing costs
If you’re looking to purchase a home or renew a mortgage, you’ve no doubt been keeping a close eye on interest rates. On June 5, 2025, the Bank of Canada announced it would hold its key overnight rate — an annoucement that effectively kept the prime rate at 4.95%. The BoC’s decision to maintain a […]
Think you need to ditch Ben & Jerry’s to ‘Buy Canadian?’ The home of some of your favourite brands may surprise you
Canada is home to many well-known brands and manufacturers, but some of the foods, drinks and clothing brands you may assume are made here actually come from elsewhere – and vice versa. With globalization and corporate acquisitions, the origin of a product isn’t always obvious, even if the brand has strong Canadian ties (or even […]
They risked everything for an affordable home — now they’re broke and homeless. Don’t let the dream of homeownership turn into a nightmare
Wayne and Kathy Paquette thought they’d found the perfect retirement plan: a sleek floating home on the water, no property tax, no snow to shovel, and a fraction of the cost of a traditional house. They paid $265,000 to a man named Joe Nemins from a company called Live on The Bay. No home was […]
Canada’s debt crisis explodes: Households near breaking point as missed payments surge
Canadians are slipping deeper into financial trouble, and the numbers tell a sobering story. Turns out more Canadians are missing loan repayments at a much faster rate than taking on new debt — a clear sign that many are running out of financial runway as many struggle to pay bills. According to a nationwide study […]
50% of Canadian fear they’ll NEVER own a home as recession and interest rates crush buying hopes
“I don’t think I’ll ever own a home.” That’s the reality for half of Canadians — and two-thirds of millennials — who now see homeownership as a dream slipping out of reach. With recession fears rising and interest rates stuck in uncertainty, more and more working Canadians are stepping back from the housing market entirely. […]
Three-quarters of Canadian business leaders are investing at least as much as their American competitors
Despite a challenging economic climate, Canadian business leaders remain bullish on investment, even outpacing their U.S. and global peers in some areas. But that optimism is tempered by a warning: Without urgent policy action, Canada risks falling behind where it matters most, productivity-enhancing technology. A new KPMG survey finds that three-quarters of Canadian executives say […]
Barks over babies? Millennials and Gen Z are redefining pet parenthood and financial priorities
Pets have always been important to us. It’s been proven that they bring numerous benefits to your life, impacting your physical, mental and social well-being. And that’s why we’re willing to prioritize their wellbeing — in fact, millennials in particular are going out of their way to ensure their pets are living the good life. […]
Canadians need to pay $150 or more in exit fees just to leave their bank — TD Bank is the latest to hike transfer-out fees
TD Canada Trust quietly announced it will double its Registered Retirement Savings Plan (RRSP) and Tax-Free Savings Account (TFSA) transfer-out fee — from $75 to $150 per account — starting July 1, 2025. And they’re not alone. RBC made a similar move in 2022, upping their fee from $50 to $150, and Tangerine bumped theirs […]