Last year was among the costliest for commercial insurance losses
Canada faced one of its most expensive years for insured losses in 2024, with severe weather wreaking havoc on both homes and businesses. While homeowners bore the brunt of the damage, commercial properties also suffered massive losses, pushing the total insured damages to over $1.7 billion — the second-highest in the country’s history. "Thousands of […]
Reddit users unite to champion Indigenous businesses in the wake of US tariffs
Elbows up, Canada! Canadians from coast to coast are coming together in solidarity to fight back against the trade war US President Donald Trump started and continues to escalate. From where we buy to what we buy, we as a nation are seeking ways to ensure the products we are buying are homegrown. The ‘Buy […]
Kevin O’Leary warns against making this 1 big mistake when there’s ‘blood in the streets’ — says he doesn’t even ‘guess’ when Wall Street panics. Here’s what Mr. Wonderful is doing now
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. Stocks have tumbled in recent weeks as escalating trade tensions amid tariff threats under President Donald Trump rattled investor confidence. While the market turmoil might tempt some investors to […]
Toronto rents have dropped 9.4% — here’s what the current renter’s market looks like from a renter’s P.O.V.
Being a renter can be frustrating, especially in a city like Toronto, where rent prices increased significantly over the past five years. That being said, a December 2024 report from Rentals.ca found that rents declined 9.4% annually in Toronto for apartment and condo listings, revealing a glimmer of hope for those looking to relocate to […]
Are you a spender, saver, earner or ostrich? No matter your financial personality type there’s a budget for you!
If you’ve ever tried and failed to stick to a budget, the problem may not be with you but with your budgeting strategy. Different forms of financial management suit some personalities better than others — select the wrong one and you could find it difficult to stay on track. The different money personality types To […]
This former minimum-wage worker retired at 39 with a $3.5M nest egg — now he’s an American expat living on $185K/year in Dubai. Here’s how he achieved freedom so early (and how you can 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. Jamal Robinson didn’t come from money. He started at the bottom, working as a church janitor at 14 before landing a minimum-wage job at Taco Bell, working long shifts […]
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 […]
Should you keep all your money in one bank? We take a deep dive into the pros and cons of centralizing your finances in one place
There’s no denying that using one bank is more efficient, convenient and streamlined than storing your money in multiple banks. But is centralizing all of your wealth in one place truly the best way to manage it? As with most decisions, there are benefits and drawbacks to this common financial practice. Here, we break down […]
I’m 60, ready for retirement with $1.2M saved. I plan to live off dividend income — not sell assets. Is this really more risky than a ‘total return’ approach?
At 60, if you have $1.2 million saved for retirement, you have more than double as much as most of your peers, according to Statistics Canada. But even though that’s a lot of money, it’s important to manage your sizeable nest egg carefully. You could try to live off of dividend income from your portfolio, […]
Jalen Hurts lives in a $2,000/month rental apartment in New Jersey despite $255 million contract — here’s why and what you can learn from the Super Bowl MVP
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. Although he hit the jackpot with a massive $255 million contract in 2023, Philadelphia Eagles quarterback Jalen Hurts still lives like a humble college student. He rents an apartment […]