I just had a baby and my aunt gifted me a $55K investment portfolio. But there’s a catch — I can’t tell anyone. How do I use this secret gift wisely?

Paulo and Natalia, a couple in their 20s, recently welcomed their first baby. But with student loans, modest incomes, and the added costs of childcare, food and healthcare, their finances are stretched thin — and they’ve had to take on more debt in recent months. Natalia’s aunt recently gifted the couple a $55,000 investment portfolio […]

CRA ordered to deliver 100-day plan to improve service

The Canada Revenue Agency (CRA) is under renewed scrutiny for long call centre wait times and declining service levels. Amid growing concerns in recent weeks from taxpayers and union leaders, the federal government has directed the agency to deliver a “100-day plan” aimed at improving customer service and reducing delays. In a statement on X […]

I’m 40 and my mother just died, leaving me with a $3.25M inheritance. How do I wisely use this windfall to ensure it’ll last me long term?

CBC News reported in February that the Baby Boomer generation is estimated to leave as much as $1 trillion in assets — cash, investments and real estate — to younger generations between 2023 and 2026, with billions more expected in upcoming decades, creating significant windfalls and challenges for those inheriting these assets (1). Take Rebecca, […]