Can you pay CRA taxes with a credit card in 2025? Fees, risks, and better options explained
If you owe the taxman money this year, paying on time is the best way to avoid penalties and interest. As Canada’s tax law administrator, the Canada Revenue Agency (CRA) makes it easy to pay your taxes in a number of different ways — including by swiping your credit card. If you’re thinking about using […]
“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 […]
Fixed mortgage rates rise as variable-rate discounts tighten: Here’s what it means for your next loan or renewal
For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — especially as rate cuts seemed like a matter of “when,” not “if.” But the tide has turned. As of early May, both fixed […]
‘We no longer felt welcome’: Canadian snowbirds spooked by Trump’s rhetoric flock to sell their second homes in the US — how a rush to sell could impact some local housing markets
Tracy and Dale McMullen are Canadians who had a vacation home in Buckeye, Arizona, for five years until they sold it in April. The couple typically spent four to five months a year in the U.S., but now say they don’t plan on returning anytime soon. “We decided to sell the property after the current […]
Car ownership is an increasing financial burden for Canadians
The car is often viewed as a symbol of freedom, allowing you to travel anywhere you want, when you want, on the open road. But they often come with a hefty pricetag and a host of hidden costs. For many Canadians, their car is transforming into more of a financial burden than it is worth. […]
Warren Buffett’s Canadian stock pick — and 3 tips that let you invest like a pro
Last year, legendary investor Warren Buffett set his sights on Canadian companies — and captured the attention of investors after securing a sizeable stake in Canadian-based insurance provider, Chubb (NYSE:CB). Known for his strategic value investments, Buffett’s move hints at some promising opportunities within the Canadian market. For Canadian investors, there is one simple but […]
Wasaga Beach’s free summer music festivals boost local economy and tourism
Wasaga Beach in Ontario is turning up the volume this summer as it celebrates its 50th anniversary with a stacked lineup of over 30 free live concerts, headlined by Canadian icons such as Tom Cochrane, The Strumbellas and The Carpet Frogs. The town, best known for its stunning shoreline and laid-back vibe, is marking this […]
Mix-up at Phoenix gas station brings dozens of cars to a sputtering stop — forcing some drivers to replace chunks of their vehicle. How to force companies to pay for their mistakes
You probably don’t give much thought to filling up your gas tank during your weekly errands. Swipe your card, fill the tank and be on your merry way. But danger lurked underground for Phoenix resident Clarissa Amoroso. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t […]
These Denver servers are suing a group of restaurants for taking 30% of their tips. 1 ex-employee ‘furious’ that she couldn’t support herself — while manager could. Do they stand a chance?
Tipping at a restaurant is quite customary. When we leave some extra cash on the table, or add a few dollars to our credit card total, it’s easy to assume that tip will go to our servers. But that’s not always the case. As CBS News Colorado reports, servers in Denver are taking legal action […]
Top 10 richest neighbourhoods in Calgary
In the PwC and Urban Land Institute’s "Emerging Trends in Canadian Real Estate 2025,” Calgary was named the top real estate market to watch in Canada. Thanks to a strong economy and relative housing affordability compared to Canada’s other urban centres, the city’s real estate market is one of the country’s most dynamic. This surge […]