According to a new survey from TD Bank Group, 49% of Canadians surveyed still foresee inflation and cost of living as their biggest financial challenge this year. This is down 9% from last year. "As 2024 came to a close with a fifth consecutive interest rate cut from the Bank of Canada, Canadians have responded…

In the spring federal budget, Prime Minister Justin Trudeau proposed an amendment to the capital gains tax, to take effect in the summer. But, with the announcement that Trudeau is stepping aside before the amendment receives Royal Ascent, Canadians are left questioning who their next leader will be, and, for many, what this will all…

In the age of super high debt loads, bankruptcy remains one of the more misunderstood topics in Canadian personal finance, despite its prevalence over the past year. As of the second quarter of 2024, households had an average debt level of $176,525 according to Statistics Canada. Plus the Canadian Association of Insolvency and Restructuring Professionals…

In December of last year, Mark Cuban took to social media platform Bluesky to share why he thinks the medical system is broken and what the U.S. can do to fix it. One of his suggestions included the government offering free medical school for all students, thereby increasing the quantity of medical professionals to shorten…

Let’s say you’re ready to buy your first home — and take advantage of mortgage rates that are finally starting to drop — but your bank account isn’t. If you don’t have the down payment money, loved ones are allowed to help. But you’ll need what’s known as a "gift letter." What is a gift…

Two families from Saskatchewan recently shed light on a troubling experience at the Royalton Splash Riviera Cancun resort in Mexico. Following severe gastrointestinal illnesses, they faced financial and medical hardships exacerbated by resort staff pressuring them to sign non-disclosure agreements (NDAs) in exchange for assistance, according to a report from the CBC. Jesslyn Schigol’s husband…

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Celebrity chef Gordon Ramsay is a culinary titan and a household name in the restaurant industry. With a global empire of 88 restaurants, earning a total of eight Michelin…

You founded a business, put everything into it for decades and now you’re ready to sell your company shares and move on. But, when you sell those shares, you should still make sure to walk away with a very valuable asset — the “key person” insurance policy the company took out on you in case…

Managing your finances is a difficult enough task as an individual, but when it becomes intertwined with someone else, the layers of difficulty expand. This becomes especially true if the person you share your finances with is abusive. According to Statistics Canada more than 11 million people in Canada have experienced intimate partner violence (IPV)…

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Suze Orman has a lot to say about Social Security. For one, she encourages her podcast listeners to avoid relying on its payments to support them completely in retirement.…