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. […]
What to do when you win big: Lessons from a $65-million Lotto Max windfall
Whether it’s a lottery win, an inheritance, a major work bonus or even the sale of a business, sudden wealth can feel like hitting the reset button on life. But it also comes with a new set of decisions, and pressures, that aren’t always easy to navigate. Just ask Mark Hanley. The retired software analyst […]
Ontario man left holding the bag on $62,000 car loan after co-signing for a friend
An Ontario man found out the hard way the responsibilities you take on when you co-sign a loan, and why it’s not a good idea to co-sign a loan for a friend. “I went in as a co-signer and I had no idea that this could happen,” Mississauga resident Shane Brown told CTV News after […]
‘I have no money now’: This retiree sunk nearly her ‘entire life savings’ into a half-built house in Florida that her bankrupt builder won’t finish — and she’s not alone
Some homebuyers in Citrus Springs, Florida, are in shock after the Van Der Valk Construction company filed for Chapter 11 bankruptcy in April, leaving many homes unfinished. The Citrus County-based company is leaving many homeowners, mostly retirees, holding the bag financially. Don’t miss I’m 49 years old and have nothing saved for retirement — what […]
‘I sued the state of Missouri’: This man bought a trailer on Facebook Marketplace — but he says when he went to get the title, he was told ‘the only way’ to do that was to sue the state
Ben Shakman, a Wildwood, Missouri resident, purchased a trailer on Facebook Marketplace for $3,500 years ago and thought all was fine. 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 (and fast) Gain potential […]
Tesla protests, saving astronauts, xAI, DOGE — Should you invest in Elon Musk?
Elon Musk is one of the most influential entrepreneurs of our time, with ventures spanning from electric vehicles (EV) and space travel, to artificial intelligence (AI). But recently, Musk stepped into politics, and not every investor is happy about it. Recently, a wave of protests, known as the “Tesla Takedown,” have been targeting Tesla dealerships […]
Many Canadian gig workers not aware of tax rules
Although nearly a quarter of Canadians have been a part of the gig economy, 66% of gig workers were not aware of new rules requiring platforms to report users’ income to the Canadian Revenue Agency (CRA). This is according to the latest survey from H&R Block. "In light of the new federal legislation, the [CRA] […]
This 55-plus community in Florida saw rents skyrocket nearly 100% — leaving them with no choice but to move. Here’s what to do if your living costs explode while on a fixed income
Jodi Heger is a resident of Spanish Village and leases the land beneath her mobile home — a common occurrence for many of those living in mobile home lots. The rent was affordable on her income, but now she may be forced to leave the mobile home community for those aged 55 and over. As […]
Dollar-cost averaging with Nvidia: A long-term strategy for Canadian investors
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) […]
Costco defies recession fears with 10% stock surge. Here’s why analysts say it’s the one stock you should never sell
What’s more resilient during tough economic times than a grocery store? So, it’s not surprising when analysts remain bullish on Costco Wholesale Corporation (NASDAQ: COST) stock, despite the company’s mixed quarterly results. For Costco (NASDAQ:COST) shareholders, the good news was that revenue beat estimates for the long-standing grocery warehouse chain; unfortunately, earnings fell short of […]
