Edmonton property developer owes $75M to former retirement residents but one thing is holding the company back from paying: How to avoid a similar nightmare
An Edmonton property developer, Christenson Group of Companies, is facing mounting financial troubles, leaving more than 200 former residents in financial limbo. The company owes approximately $75 million to individuals who had invested in life-lease contracts at nine retirement homes, according to a CBC News story. “Hope has certainly been waning,” Jim Carey, president of […]
First-time buyers rethink starter homes amid affordability challenges
Bryan Blue and Maggie McTavish, both in their early 30s, recently achieved the milestone of purchasing their first home in St. Catharines, Ontario. However, their journey to homeownership was fraught with challenges, reflecting broader trends in the province’s housing market. The couple’s experience underscores the evolving nature of what constitutes a "starter home." Traditionally, starter […]
More than three-quarters of Gen Z Canadians are ready to invest their tax returns
It can often be difficult to know where to start when it comes to investments. For many Gen Z Canadians especially, it can be much more difficult to invest, with lower incomes compared to those who have been in the workforce longer. But a new TD Trust survey reveals 76% of Gen Z Canadians are […]
Bank bundles: Yay or nay, and why?
I love to bundle up. And I’m not talking about adding extra layers of clothing when it’s cold outside. I mean that I enjoy saving money when companies offer bundling bonuses or discounts to customers who get more than one product from the same merchant. It’s an especially popular marketing strategy with telecommunications, software and […]
I use my credit card like a debit card and earned $600 in rewards in 2024. I think this is ‘free money’ but my friends tell me it’s not. So what are the drawbacks?
Could using your credit card lead to free money? Possibly — if you treat credit cards the same way you would a debit card. For example, you sign up for a cashback credit card offering 5% on grocery store purchases and spend $12,000 on groceries in a year. By paying off your balance in full […]
Tech giant Nvidia’s market shake-up: What investors should know — and do — after the $277 billion drop
Nvidia Corporation, a titan in the semiconductor industry, has recently experienced significant fluctuations in its market valuation, underscoring the volatile nature of the technology sector. In January 2025, the company faced an unprecedented single-day market capitalization loss of approximately $600 billion, primarily due to emerging competition from Chinese startup DeepSeek. Despite this setback, Nvidia’s strategic […]
‘I’m tired of Elon Musk’: This Tesla owner traded in his Model Y because he was ‘embarrassed to drive it’ — here’s how to effectively manage disputes with your dealership
After almost three years of owning a Tesla Model Y, Joe Romer traded in his car because he’s no longer a fan of Elon Musk. “I’m tired of Elon Musk and all of his garbage,” Romer told CNN in March, sharing his reason for wanting to trade in his car. “I’m getting rid of [my […]
Indiana plumber returns to re-clog pipe at a restaurant after a dispute over the bill. What went down and how to avoid similar pay disputes
Running a small business isn’t easy, especially when it’s a restaurant. A number of things could go wrong on any day that could upend your entire operation. 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 […]
Extreme weather in Eastern Canada causes $260M in damage
The rise in extreme weather events due to climate change has seen a significant impact on insurance costs in Canada across the last decade plus. So far, it seems as though 2025 is showing no hint of bucking that trend. A severe storm and mid-winter thaw in February that struck parts of Ontario, Quebec and […]
‘The biggest win ever’: Ohio woman, 73, recovers most of $42K she lost in ‘tech support’ scam — because she acted quickly. What you need to know to protect yourself from this growing threat
Scam artists target older Americans online, thinking they’re easy prey — like one 73-year-old woman in Delhi Township, Ohio, who handed over $42,000 in bitcoin in an online scam. But that’s how the story begins. It’s not how it ends. Don’t miss I’m 49 years old and have nothing saved for retirement — what should […]