Asking rent prices drop 8th month in a row
May marked the eighth consecutive month of year-over-year decreases across asking rent prices. At $2,129, Canada’s national average asking rent was 3.3% lower than in May 2024.…
Money Matters
This sections showcases how our relationship with money shapes our lives in the short and long term.
Discover true stories of failed corporate insurance plans, financial feats and failures of famous figures and the struggles and success of the every day person.
Making the cut: What will the Bank of Canada decide?
The Canadian economy boosted by 2.2% over the first quarter of 2025, exceeding estimates (Statistics Canada). The Bank of Canada’s policy rate is currently 2.75%…
Drama, drugs & $4 million in debt: Whitney Houston’s tragic story
Whitney Houston and her legacy are pillars of glamour, strength and boldness. She was once recognized by the Guinness Book of World Records as the…
Mortgages & more: Top 5 sources of debt in Canada
Debt is a significant concern for many Canadians, with total consumer debt reaching a record high of $2.5 trillion by the end of 2024. This…
ETF Takeover: A trend or timeless?
In the last few years, exchange-traded funds (ETFs) have accounted for more of the overall Canadian market than mutual funds. CIBC Capital Markets research shows…
To be or not to be? Alberta’s separatist sentiment
In response to the recent Liberal win in the 2025 election, many Albertans and other Canadians are rallying for separation. Alberta separatist movements have been…
Voting Day: Political platform summaries
The 2025 Canadian Federal election is taking place this Monday, April 28th. Advanced polls are also open! The high cost of living and pressure of…
2025 Election: Cooling down Canada’s housing crisis
A Scotiabank report on housing affordability showed that over 10% of Canadian households, or 1.5 million individuals, were in ‘core housing need with an additional…
Canada Election: Each party’s approach to cost of living
The next Canadian federal election is coming up on Monday, April 28th. Former two-time central banker, Mike Carney, was sworn in as Canada’s new Prime…
Where credit is due: Concerning credit card debt in Canada
Who remembers those credit card ads from the 80s and 90s? The ones where someone’s drab life would suddenly transform into a world of luxury,…
An Hermès heir’s empty billion dollar promise
The story behind Hermès is as mysterious and fairytale-like as the luxury brand’s folkloric collections. Hermès is an independent, family-owned French fashion house known for…
Will Canada’s housing market flower or falter this Spring?
Spring is usually when Canada’s housing market blooms. However, this year’s activity appears watered down by the threat of tariffs. Data from the Canadian Real Estate…
Salary deflation stunts job-hopping
Changing jobs and pursuing new opportunities once commonly came with a salary boost. Job hopping describes when workers to switch jobs frequently based on salary…
Canadians renewing their mortgages brace themselves
Almost 1.2 million fixed-rate mortgages are up for renewal in 2025 (according to the Canada Mortgage Housing Corporation) — 85% of which were signed when…
Will defense spending place more economic pressure on Canada?
News feeds are bustling with headlines about Trump’s tariffs taking effect. While this is a critical topic, other significant events are overshadowed. Senate confirmation hearings…
Trump confirms 25% tariffs against Canada & Mexico
Donald Trump is committed to placing 25% tariffs on Canadian and Mexican imports as of March 4th, 2025. At a White House press conference on…
Canada’s inflation rates skewed by tax break
In December 2024, Canada’s annual inflation rate fell to 1.8%, which has been attributed to the government’s GST/HST break. In January, it bumped to 1.9%.…
Trump’s trade war takes off but where will it land?
The trade war is here. Or is it really? Over the weekend, US President Donald Trump announced that his promised 25% tariffs against Canada and…
Donald and Melania Trump’s meme coins raise ethical concerns and praise
Just days before Donald Trump’s inauguration, the new president of the United States launched a meme coin called $TRUMP. Melania Trump was soon to follow…
Americans spend nearly $1T on Christmas despite debt
As early as August, Santa figurines, reindeer lawn decor and looming Christmas trees start bursting from department store shelves. Christmas is far beyond a holiday,…
5 beginner investment terms
To the unfamiliar eye, investment terms and financial lingo can be confusing. A word with a common meaning takes an entirely new shape in a…
3 countries with the worst student debt
The cost of education and the burden of student debt are glaring problems in countries around the world. Trillions of student debt weigh heavily on…
Why is car ownership so expensive in Canada?
In February 2024, the average rent for a 1-bedroom unit in Canada reached $1,922 and $2,319 for a 2 bedroom. This reflects a 10.5% jump year-over-year and the…
A change of heart created Critical Illness Insurance
Dr. Marius Barnard, the creator of Critical Illness Insurance, was the personification of the saying “Your health is your wealth”. Dr. Barnard was a South…
A 6 year battle for Prince’s estate
After his death, Prince’s $156 million dolllar estate was left floating freely. From releasing hits like 1999 and Raspberry Beret, the legendary musician Prince continues…
Tired in retirement: Why seniors can’t afford to clock out of the workforce
Retirement looks different for many. Rising costs and debt push Canadian seniors back to work, highlighting the need for solid financial planning.
A crash diet: How Wall Street yo-yo’d from it’s worst to best day in 48 hours
Wall Street saw its worst day in 20 years on August 5th, then rebounded in two days. Market volatility underscores the importance of financial guidance.
I Feel Good? James Brown’s estate took 15 years of family feuds to settle
The Godfather of funk, James Brown, passed away on Christmas Day 2006. He left the world with the gift of nearly 70 albums boasting his…