7 powerful ways the Bank of Canada’s rate cut could change your financial future
The Bank of Canada (BoC) announced the first rate drop of 2025 — with a 25 basis point rate cut to its overnight rate. The rate cut of 0.25% was announced on January 29, 2025, following a 50 basis point cut in December 2024. The BoC’s target rate now stands at 3.00% — pushing the […]
Peloton’s renewables expansion: Game-changing tech for green energy investors
The renewable energy boom just got a tech-powered boost, and investors looking for opportunities outside of oil and gas should definitely pay attention. As a global leader in energy software, Calgary, AB-based Peloton recently announced its entry into the renewables sector with cutting-edge land data management solutions. This strategic move positions the company as a […]
What to expect from the Bank of Canada during the January 29 rate announcement: Experts weigh in with “optimistic” 0.25% rate cut
The Bank of Canada (BoC) is set to announce its latest target interest rate decision on January 29, 2025. This policy update is critical for Canada’s economic recovery amid global economic uncertainty. For businesses, households, and financial markets, the decision could signal the next steps in monetary policy after a year of easing inflation, resilient […]
From $183K to $833K: How Canadians in their 50s bridge the retirement savings gap
Welcome to your 50s! This is your last decade of formal employment — and a time to finalize and fine-tune what retirement will look like. While this process can be exciting, it can also be daunting. That’s because it’s in your 50s when most Canadians start to play “catch-up” on retirement savings. Take, for instance, […]
This Walmart shopper was shocked by a $12 carton of eggs — then spotted one for a crazy $36. Here’s what’s behind America’s egg shortage and how to hedge against lingering inflation 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. A viral TikTok video is putting the spotlight on America’s soaring egg prices, with one Walmart shopper left stunned by just how expensive a carton has become. Tiktok user […]
Are you expecting a raise this year? A more cautious salary increase budget is anticipated for 2025 in Canada
Like many Canadians, you’re hoping to see a salary bump on your paycheque this year. A recent survey saw a projected 2025 salary increase budget of around 3.3%, according to Normandin Beaudry, an actuarial and total rewards consulting service. The survey, conducted in November 2024, comes from nearly 400 Canadian organizations to determine their salary […]
Death of the chequing account: How startups are enticing users to switch
A cheque? Uh, sure. Hold on. I leave the canvasser at the door and walk back to my kitchen’s everything drawer. It’s filled with batteries, tape, paperclips and… somewhere buried between packs of Mabel’s labels and paperwork long overdue for a review, I find it. My chequebook. “So, who do I make the cheque out […]
When Walmart’s ‘low prices’ aren’t so low: How Trump’s tariffs could cost Canadians more — and how to fight back
Walmart CFO John David Rainey issued a stark warning: President Donald Trump’s proposed tariffs could force the retail giant to raise prices on some items, despite its commitment to affordability. Speaking to CNBC, Rainey expressed concern over the unavoidable impact of the potential tariffs. “We never want to raise prices. Our model is everyday low […]
Personal finance guru Ramit Sethi says there’s no right time to have ‘the talk’ about money with your partner — but the first date is probably too soon
As you prepare for your first date, it’s easy to find yourself rehearsing the perfect small talk: The questions you’ll ask, the answers you’ll give and how to steer clear of awkward silences. But beyond the usual first-date classics, like “What do you do for work?” or “Where did you grow up?” there’s one topic […]
‘I’ve gotten beat’: Mark Cuban admits that after pumping $20,000,000 into 85 startups on Shark Tank, he’s down across all those deals combined — here are 3 simple lessons to take into 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. Mark Cuban became a billionaire by starting and selling multiple businesses. However, you might know him from the hit TV show Shark Tank on ABC. Hosts on the popular […]