Budget 2025 opens the door to growth: How investors and entrepreneurs can turn new tax credits into profit
The 2025 federal budget introduced a series of tax incentives designed to stimulate investment, innovation and productivity — particularly in sectors tied to clean technology, manufacturing and research. While many of these measures aim to strengthen Canada’s long-term competitiveness, they also create new opportunities for investors and small businesses to improve cash flow and lower […]
The late Charlie Munger said making your first $100K is the biggest hurdle — key tips to help you make strides in your race to riches
This article adheres to strict editorial standards. Some or all links may be monetized. For investors who are looking to get rich, or at least improve their financial situation, having an investing guru with the wisdom and experience (and positive track record) to follow can be crucial. For millions of investors, Charlie Munger and his […]
Are you rich enough to join the top 1%? Here’s the net worth you need to rank among Canada’s wealthiest — plus a few strategies to build that first-class portfolio
This article adheres to strict editorial standards. Some or all links may be monetized. To be a top 1% earner in Canada, you need to make at least $586,900, according to data released by Statistics Canada (1). The wealthiest households accounted for almost two-thirds (64.8%) of Canada’s total net worth in the fourth quarter of […]
I have more than 20 credit cards don’t need most of them. If I cancelled a few, would my credit score take a huge hit?
Nearly nine in 10 Canadians have at least one credit card, making this form of payment the most popular in the country by far (1). In fact, it’s quite common for Canadians to carry multiple credit cards in their wallets. Take Jane, for example, who is a hypothetical case study but reflects widespread Canadian financial […]
Couple just had first child and one spouse wants to be a stay-at-home parent — but not sure if it’s wise to temporarily cut RRSP contributions to make it work?
Having your first child is a life-changing event. Suddenly you’re responsible for another person’s well-being and that can prompt major lifestyle changes — including the decision for one parent to stay home full-time. For many families, the financial strain of child care forces this decision to the forefront. For many Canadian families the cost of […]
Where should you pull money from first in retirement? Here’s the standard order all retired Americans should consider
This article adheres to strict editorial standards. Some or all links may be monetized. Retirement income and savings take many, many forms but don’t come with a whole lot of instructions when it comes to which to tap first. Liquid savings? Stocks? Bonds? Home equity? Social Security? Even the sale of equipment from a business […]
Trump says gas prices will drop to $2 ‘pretty soon’ and it will be ‘better than a tax cut’ — but is that realistic?
President Trump made a bold prediction about falling gas prices during his recent tour of Asia, while touting his “drill, baby, drill” slogan. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t have to deal with tenants or fix freezers. Here’s how […]
Mark Cuban was asked for $5 million by podcaster Bobbi Altoff, sparking a conversation on housing affordability — here’s how the billionaire responded
This article adheres to strict editorial standards. Some or all links may be monetized. Last summer, Mark Cuban found himself seated on a warehouse floor alongside viral sensation Bobbi Althoff, as a guest on her popular podcast, “The Really Good Podcast”. During the 58-minute interview, Althoff used her awkward yet engaging tactics and got Cuban […]
I’m 45 with just $75K in my 401(k). I only save 50% of my yearly limit so I don’t have to sacrifice my lifestyle — but is it time to tighten my belt?
Retirement has a way of sneaking up on people. One day you’re comfortably balancing vacations, dinners out and a steady paycheck; the next, you’re staring at your account balance, wondering if you’ve done enough. For many in their 40s, the math isn’t reassuring. Let’s say you’re 45 years old, living comfortably and have a 401(k) […]
Kevin O’Leary reveals why Americans are fleeing to Canada — and it’s not because they dislike the US. Do you agree with Mr. Wonderful?
Shark Tank host Kevin O’Leary has a broad portfolio of strong opinions and is rarely shy about sharing them. In a recent Fox Business interview, the Montreal-born entrepreneur confidently asserted that a growing number of Americans have been fleeing to Canada in recent months because of our nation’s relatively open immigration policies. “The immigration policy […]