21 Jan Can seniors claim home renos on a tax return? If so, which ones?
In your case, Gayle, you’re probably wondering about the federal tax credit for seniors, as well as a provincial tax credit specific to Saskatchewan. ...
Blog
20 Jan Donald Trump’s new meme coin: $Trump
“It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community,” Trump said in a social post late Friday promoting the new tokens. They are marketed with a picture of Trump holding a fist up superimposed over the words “FIGHT FIGHT...
18 Jan JPMorgan, Lululemon and more: The week in earnings
“This is not about weakening regulation … but rather about setting rules that are transparent, fair and holistic in their approach and based on rigorous data analysis, so that banks can play their critical role in the economy and markets.” Dimon, however, said that the state...
17 Jan How to brighten up Blue Monday in 2025
What is Blue Monday? Blue Monday was dreamed up 20 years ago by a British travel company for an advertising campaign. That’s right—it began as a marketing ploy. But over time, Blue Monday has evolved into a conversation starter at a time of year when many...
17 Jan 3 financial goals to kick-start the new year
1. Make your cash work harder for you You work hard and save money, but is your bank account doing its part? Moving your cash deposits to a high-interest savings account (HISA) can help maximize your savings. With a HISA, you can earn more interest than...
16 Jan Lunar New Year customs to kick off the Year of the Snake in 2025
The Chinese zodiac has 12 animals, which take turns exerting influence over each year, always in the same order. The snake holds sixth place in the cycle—the others, in order, are the rat, ox, tiger, rabbit, dragon, horse, sheep, money, rooster, dog and pig. (In...
16 Jan Complaints against Rogers, Bell and other Canadian telcos at record levels
The CCTS report highlighted a “troubling increase” in problems with service cancellation and switching service providers. Reports of being unable to cancel a service appeared in complaints 47% more often than the previous year, concerns about termination fees increased 35%, and complaints about being unable to...
16 Jan Why is the SEC suing Elon Musk?
The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site. As a result, the SEC alleges, Musk was able to underpay “by...
16 Jan Should I cash my RRSP to pay off my mortgage?
Ask MoneySense Is it a good idea to pay off my mortgage with my RRSP money and then put what my mortgage payment was back into the RRSP once I’ve paid it off? What are the pros and cons of this strategy to being mortgage free? –Mike Pay...
15 Jan Invest or pay off debt: A comprehensive guide for Canadians
Should you accelerate your mortgage payments or invest? Making the right choice boils down to prioritizing and projecting. But here’s the thing: mortgage debt repayment is investing. Your return comes from interest savings that accrue by paying down the principal portion of your debt. Sometimes, Canadians choose...