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Category: Moneywise

‘I can’t believe this transformation’: San Jose turned a homeless encampment into housing for 200 people — but who pays the bill? Here’s how the project may affect property taxes, home values

Through back surgery, a stroke and heart attack, one San Jose couple has been making due without a home in which to recover. Now, thanks to interim housing built by the city, they’re able to move indoors, grateful for comforts they’ve not had in a decade. “I’m glad we have a bathroom. It’s rough out […]

Warren Buffett’s Canadian stock pick — and 3 tips that let you invest like a pro

Last year, legendary investor Warren Buffett set his sights on Canadian companies — and captured the attention of investors after securing a sizeable stake in Canadian-based insurance provider, Chubb (NYSE:CB). Known for his strategic value investments, Buffett’s move hints at some promising opportunities within the Canadian market. For Canadian investors, there is one simple but […]

Smart moves: How to turn your tax refund into long-term financial gains

As tax season wraps up, many Canadians are anticipating a refund. While it might be tempting to splurge, financial experts suggest that strategically using this money can significantly impact your financial health. Given the current economic climate, with high living costs and rising debt levels, making informed decisions about your refund is more crucial than […]

Fixed rates are falling — but variable rates won’t budge. Don’t let confusion cost you thousands. Here’s what you need to know before locking in your next mortgage

In an unusual twist in Canada’s mortgage market, fixed mortgage rates are on a downward trajectory while variable-rate pricing is tightening. This divergence presents both opportunities and challenges for homeowners approaching mortgage renewal. If you’re shopping for a mortgage renewal, there’s some good news: Fixed rates are on the way down. Over the past few […]

Donald Trump’s new housing chief launches major shakeup at Fannie Mae and Freddie Mac — here’s what it could mean for your mortgage

President Donald Trump‘s newly appointed housing chief has made waves by launching a dramatic shakeup at mortgage giants Fannie Mae and Freddie Mac, potentially reshaping America’s mortgage market. William Pulte, a private equity executive whose family founded one of the country’s largest homebuilding companies, took charge of the Federal Housing Finance Agency (FHFA) on March […]

‘Our hands are tied’: SF couple wants city to pay back $300K they sunk into restaurant in building slated for a shelter. What businesses can do when local policy impacts livelihood

Kay and Ryan Zin spent a year and more than $300,000 on permits and renovations before opening Bay of Burma restaurant in San Francisco’s South of Market area in 2023. The business owners leased space on the ground level of a mixed-use building, with residences upstairs. Don’t miss I’m 49 years old and have nothing […]

This paper and recycling businessman worth $12.5 billion is moving after Trump’s victory — here’s where he’s going. Plus 3 ways to follow his lead in 2025

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. Donald Trump’s victory in the U.S. presidential election has sparked a wave of relocations among high-net-worth individuals. For instance, Ellen DeGeneres and her partner, Portia de Rossi, have reportedly […]

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 […]