At 65 and set to retire with $357,000 in the bank: How much money can you comfortably spend each year?
John spent the last 30 years working. Unfortunately, he didn’t save. To be honest, John only started saving over the last 15 years. Despite some obstacles, John managed to put away approximately $357,000. Now he’s a year away from celebrating his 65th birthday and he wants to know: Can I retire? John isn’t alone. Across […]
U.S. Senate passes ‘No Tax on Tips’ bill as Canada grapples with tipping fatigue and new rules
As tipping practices come under renewed scrutiny across North America, the U.S. Senate has voted to exempt thousands of workers from paying income tax on their tips — a move that comes just weeks after Quebec introduced new laws to rein in aggressive tipping prompts on payment terminals. For Canadians, the moment offers a chance […]
‘They knew what they were doing’: This New York man’s $25K jet ski was stolen off his driveway in broad daylight — and he believes the thieves jammed his security cameras to get away with it
While installing cameras around your home is a good way to protect your valuables from being stolen, thieves appear to be getting more sophisticated with their methods. Chris Montalbano of Long Island, New York learned this lesson the hard way. Don’t miss I’m 49 years old and have nothing saved for retirement — what should […]
Potential cottage buyers on the sidelines amid tariffs
With homeownership already feeling out of reach for many Canadians, the dream of owning a cottage is slipping even further away. Rising costs and new tariff threats are shaking buyer confidence, with nearly one in five Canadians putting cottage plans on hold, according to RE/MAX Canada’s 2025 Cabin & Cottage Trends Report. "Markets don’t like […]
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 […]
‘I hope she gets what’s coming for her’: NYC women speak out after influencer took thousands from them for specialized training course — and then vanished. How to avoid a similar situation
In a New York minute, three women looking to bolster their aesthetician careers lost more than $3,000 each when a highly promoted makeup course vanished overnight, along with the influencer behind it. Marley Matamoros, Ashley Landin and Michelle Echeverry, all from New York, paid their money to take an unlicensed course led by Miami-based TikTok […]
Don’t get scammed: How to spot financial MLMs and fake “get-rich-quick” schemes before they drain your wallet
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 […]
Auto theft claims up 442% — and every Canadian driver is paying the price through rising insurance premiums
Auto theft is no longer just a city crime story — it’s a nationwide insurance crisis. Despite efforts to curb auto theft, the impact of stolen vehicles and damage due to auto break-ins is pushing the value of auto theft claims into triple-digits — and the person who ends up paying the cost are everyday […]
Canada could lose $93.8B from Trump’s tariffs — here’s what that means for your job, bills, and local economy
The ever-increasing threat of tariffs from our southern neighbour seems to be the only thing on people’s minds these days. While their implementation has been more on-again, off-again, in the first few months of 2025, their full impact would be financially burdensome for Canadian businesses across all sectors. A new analysis from the Public Policy […]
Canada’s life sciences are also an economic engine
Canada’s life sciences aren’t just working to improve the lives of the country’s citizens, it turns out the industry is also an economic driver. According to new data from Statistics Canada, The industry contributed $18.4 billion in 2022 in total economic activity, marking a nearly 15% increase over 2021. "Canada’s life sciences are an economic […]