Food and shelter continue to drive inflation While falling gasoline prices led to a moderate 1.6% annual inflation rate in September, Statistics Canada revealed that October’s annual inflation rate had ticked back up to 2%. Even though gas prices continue to fall, food and...
“It’s important to point out just how meaty this is. It’s quite a substantial move and it’s important to note that the much bigger impact here will not be on the high-profile GST holiday. It’s much more on the (rebate cheques),” he...
Do young Canadians need life insurance? There can be a “very high temporary insurance need” for younger Canadians, said Andrea Thompson, a certified financial planner at Modern Cents, in an interview. That’s because mortgage debt and lost income earning potential over their lifetime...
Both planners and advisors can help you and your family with a wide range of money matters, including financial planning, estate planning, investing, insurance and mortgages. Looking at advisors’ credentials or designations can help you determine what they focus on. “The designations that...
For a friend who’s always cold I live in these toasty insulated booties all winter, wearing them like house slippers. Never mind that they were designed for campers and backcountry skiers—desk jockeys get cold feet, too. The booties are made of colourful nylon and certified-responsible duck...
Why is MoneySense sharing a list of free and low-cost mental health services? Many Canadians are struggling to afford the cost of treatment, even those who have health benefits from their employer. Your mental wellness can affect your overall health, career, personal...
2. Coverage for mistakes or allegations of professional negligence If you provide advice and services to your customers—such as a consultant, an accountant or a freelance designer does—and you make a mistake, fail to provide a service as promised, or give poor advice...
The company’s journey to be one of the most prominent players in AI has produced some eye-popping numbers. Here’s a look. $3.579 trillion Nvidia’s total market value as of the close Wednesday, tops in the S&P 500. It regained the No. 1 sport from...
Nvidia said it earned $19.31 billion in the quarter, more than double the $9.24 billion it posted in last year’s third quarter. Adjusted for one-time items, it earned $0.81 a share. Nvidia earnings highlights All numbers are in U.S. dollars. Nvidia (NVDA/NASDAQ): Earnings per share...
Bitcoin is the largest and oldest cryptocurrency, although other assets like ethereum, tether and dogecoin have gained popularity over the years. Some investors see cryptocurrency as a “digital alternative” to traditional money—but it can be very volatile, with its price reliant on...
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