New Brunswick lottery winner claims $5M prize — What to do if you hit a windfall
A New Brunswick resident is celebrating a life-changing moment after winning a $5-million Lotto 6/49 jackpot. The lucky ticket was purchased online through the Atlantic Lottery Corporation’s website, making the winner one of the latest Canadians to strike it rich through digital lottery sales. The winner, who has chosen to remain anonymous, was stunned when […]
Is homeownership still a pipe dream? Home affordability slipped further in 12 of 13 major markets, report shows
While the Bank of Canada interest rate has dipped over the past few months, home affordability slipped further in January, as rising prices raised the income needed for a mortgage in 12 of 13 major markets, according to a report by Ratehub. This marks the second month in a row where affordability declined. Prior to […]
Nearly half of Canadians are feeling burnt out
The relentless push of hustle culture and the grind mentality dominates social media, but at the end of the day, we’re only human— and an unbalanced work-life dynamic can take a serious toll. A new survey from Robert Half suggests that many Canadians are feeling the strain, with nearly half reporting symptoms of burnout. "In […]
Trump’s tariffs, market chaos and the rise of inverse ETFs: How investors are hedging the storm
In today’s turbulent economic climate, marked by President Trump’s recent tariffs on Canada, Mexico and China, concerns about a potential recession are escalating. As markets react to these developments, investors explore strategies to protect their portfolios. One such strategy involves inverse ETFs. What are inverse ETFs? Inverse ETFs, also known as bear or short ETFs, […]
Canada election 2025: How rising prices and party policies will shape the nation’s economic future
Canadians are heading to the polls on April 28. The snap election, called by newly annointed Liberal leader and Prime Minister Mark Carney, comes amid a growing sense of economic uncertainty, driven by the dual challenges of rising prices and the significant risks posed by the current US administration under President Donald Trump. As the […]
Financial MLMs: How to spot the difference between a multi-level marketing scheme and an actual business
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 […]
New cars cost nearly $50K on average — $10K more than 5 years ago. Here are the financial realities of buying a new car and how to manage auto financing wisely
Like just about everything else in the world, new cars have become quite expensive in recent years, and that cost doesn’t seem to be coming down any time soon. According to data from Kelley Blue Book, a new car now costs about $10,000 more than it did five years ago, with the average new vehicle […]
Ottawa woman accuses husband of ‘love bombing,’ leaving her $300K in debt
Browsing the internet or social media will bring about many first-hand accounts of dating and marriage horror stories that would render even the most hopeless romantic a cynic. Here’s one such story. Christina MacCrimmon of Ottawa claims she was the victim of ‘love bombing’, that left her nearly $300,000 in debt. "It’s just unimaginable to […]
Scooping up the cost: Chapman’s Ice Cream freezes prices despite US tariffs
Chapman’s Ice Cream has been a staple in grocers’ freezers for almost a half a century and the Ontario-based creamery has stayed proud of and true to their origins as one of the favourite ice creams of Canadian families. The recent trade war with the US is no exception. In response to US tariffs on […]
Carney? Poilievre? Singh? In advance of the 2025 election, here’s how to invest in Canada based on party leader
This year’s election cycle is anything but boring, and that’s putting it lightly. Between rising global tensions, and the return of Trump-era tariffs, it’s easy to feel uneasy about investing your money. More investors are looking local for opportunity. There’s a growing “Buy Canada” push from policy-makers, retailers and investors alike. But where does that […]