Overdue or overhyped? Canadians split on whether Bank of Canada should cut rates on July 30
As the Bank of Canada prepares for its next rate announcement on July 30, Canadian sentiment is heating up — and so is the debate over whether it’s time for another rate cut. According to a new poll conducted by Money.ca, nearly one-third of respondents (29.8%) say a cut is overdue. But almost as many […]
Crush cash flow chaos: How smart credit card use can save you hundreds each year (and make budgeting and saving easier)
With the cost of living still high in many parts of Canada and average credit card interest rates hovering around 21%, managing day-to-day finances has never been more important. While credit cards are often associated with debt, when used wisely, they can be a powerful tool for improving your cash flow, earning rewards, and keeping […]
Love, lies, and $5 million: Winnipeg lottery battle exposes the high price of trust
A Winnipeg man’s $5 million lottery win has turned into a legal saga after his former partner claimed the winnings and allegedly cut off all contact. The case, now before Manitoba’s Court of King’s Bench, offers a stark lesson about the financial risks of informal arrangements in personal relationships. Lawrence Campbell alleges he purchased the […]
BoC walks tightrope: Growth gains hampered by slowing demand making a hold at 2.75% likely
Canada’s economy grew faster than expected in early 2025. But dig past these positive headlines and just about everyone can see that cracks are forming. This is the situation the Bank of Canada economists are in as they make one of its toughest calls yet: lower rates or stay the course? Split economy complicates the […]
B.C. powers up savings and climate action with new heat-pump rebates
British Columbia has unveiled a powerful new rebate program offering up to $5,000 for residents in low-rise condos and townhomes to install electric heat pumps, a move that could slash energy bills and help fight climate change. Announced on July 15 by the Ministry of Energy and Climate Solutions, the two-phase program will first target […]
5 of the best low-risk investments for Canadians that protect your cash — and earn you more in 2025
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 […]
Canada Post strike could delay CPP and OAS: Here’s how seniors can protect their income
The negotiations between Canada Post and its unionized postal workers have been ongoing for more than 18 months and despite a mandate from the federal jobs minister, more than three weeks ago, there’s still been no date set for a vote by Canada Post workers on the “final” contract offer by the Crown corporation. As […]
Crushed by costs: Survey reveals ‘cost of living in Canada’ now the top fear for households (just ahead of BoC rate decision)
Even as Canadians kick back and enjoy exploring their own country or relax into summer while soaking up sunshine rays, many are still struggling with the higher cost of living. As the Bank of Canada prepares for its next interest rate decision on July 30, 2025, a recent survey from Money.ca shows that nearly two-thirds […]
One year after wildfire, Jasper still rebuilding
When multiple wildfires tore through Jasper National Park on July 22nd, 2024, the result was one of the most destructive fire events in Canadian history, destroying 358 properties and causing around $1.2 billion in insured damages. Thousands were forced to leave their homes, not knowing whether they would ever get the chance to return. Residents, […]
From coast to coast, Canadians are gearing up to discover the beauty in their own country — for the first time
Canada is a pretty big country, with plenty to see and do, to say the least. This should be news to exactly no one, but many Canadians have not traveled through much of their own country. A new survey from Go RVing Canada reveals almost eight in 10 Canadians say they’re interested in exploring more […]