BoC holding rates in April 2025: Who wins and who loses with latest Bank of Canada rate announcement?
After seven consecutive rate cuts, the Bank of Canada (BoC) hit pause — holding its key policy rate at 2.75% on April 16, 2025 — as growing uncertainty around U.S. tariffs clouds the country’s economic outlook. Canada’s central bank chose not to issue its usual economic forecast, citing an inability to predict how trade tensions […]
Are recession fears keeping you up at night? Here are 3 strategic moves to protect your finances as Trump’s trade wars escalate
Recession fears have dogged Americans since the Covid years, and they’re showing no signs of stopping. In March, J.P. Morgan’s chief economist said there’s a 40% chance the U.S. will face a recession in 2025. Veronica Willis, global investment strategist at Wells Fargo Investment Institute, says that whether a recession is coming or not, the […]
We trusted TurboTax — now we owe $14K: Ontario families blindsided by CRA bills after alleged tax software glitch
A number of everyday folks across Ontario — hardworking, tax-paying, kid-raising families — are suddenly getting slapped with jaw-dropping reassessments from the Canada Revenue Agency (CRA). We’re talking about surprise bills in the $10,000 to $14,000 range. Yikes. At the centre of the storm is Jessica Medrano, a mom from Toronto who’s been faithfully using […]
I’m 38, lost my job last week, and my basement just got flooded — which will cost me a depressing $20,000. My parents don’t have money to lend me. Is taking out a HELOC my only option?
One of the biggest risks that come with owning a home is the potential for emergency repairs. And while there’s never an ideal time to be hit with an urgent reno that’ll cost you thousands, these emergencies have a knack for popping up at the worst of times. Let’s say, for example, that you’re 38 […]
‘This is a game-changer’: Shark Tank’s Barbara Corcoran says this 1 big megatrend is about to alter US real estate forever — are you prepared to profit or will you panic?
Barbara Corcoran knows a thing or two about real estate. The Shark Tank star built a $100 million net worth and has spent decades at the top of the industry. And according to Corcoran, a new era of home buying is on the horizon thanks to one tool: artificial intelligence. Don’t miss I’m 49 years […]
I’m 31, locked in a great mortgage rate of 4.75 % when I bought my home 2 years ago, paying $1,000/month, all-in. Now, my boyfriend wants to buy a place together. Should I buy a second home?
A 31-year-old homeowner has found herself in a common modern-day dilemma: Should she stay put in a home she owns (with a great mortgage rate) or take the next step with her partner and buy a second home together? Understandable if she didn’t want to sell — she’s owned her home for less than two […]
I’m 28 years old and my dad’s wealth management guy took me on as a favor — but he’s put my entire $50,000 in a single investment. Is this OK or is he setting me up for disaster?
The benefit of hiring someone to manage your money is getting expert investment advice that protects your portfolio from market volatility while fueling its growth. But, what if you’re paying for advice you don’t agree with? Say you’ve decided to use your father’s wealth manager to oversee your own money, only they decide to put […]
Air travel between the US and Canada is set to plunge 70%, and domestic tourism has also slowed — how to plan your trips as Trump’s policies hit travel demand
Many Canadians have decided not to travel in the U.S. as a trade war rages. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 5 of the easiest ways you can catch up (and fast) Gain potential quarterly income through this $1B private […]
Elon Musk, father of 14, warns America needs more babies — and that ‘civilization will disappear’ unless birth rates improve. But DOGE just cut billions for maternal healthcare. What gives?
It’s the last thing maternal advocates want to hear, but Senior Advisor to the President Elon Musk — the father of 14 — has repeatedly warned that declining birth rates around the world threaten civilization. Yet under Musk’s Department of Government Efficiency (DOGE), billions in funding for maternal health care, research and community support programs […]
Warren Buffett dumped 2 US-based investments he’s told millions of Americans to buy for years — should you get rid of them too?
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. Warren Buffett is not only one of the savviest investors of our time, but also one of the wealthiest. The Oracle of Omaha now has an estimated net worth […]