Author Archives
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What is the ‘Santa Claus rally’ and could your portfolio see a boost?Some big seasonal buying activity is poised to happen on Bay and Wall streets in what stock traders sometimes refer to as a "Santa Claus rally."ConsumerDec 24
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The Bank of Canada is ‘cautious’ heading into 2026, with all eyes on CUSMAThe Bank of Canada says it's staying 'cautious' heading into 2026 as uncertainty remains high with the global trade war, tariffs and a trade deal with the U.S. set for review.EconomyDec 23
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Canadian return trips from U.S. tank nearly 30% in October: StatCanCanadian residents continued to take fewer trips to the United States in October, according to the latest data from Statistics Canada.ConsumerDec 23
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Canada’s GDP shrank 0.3% in October, erasing September’s gain: StatCanCanada's GDP fell 0.3 per cent in October, which more than offset the previous increase of 0.2 per cent, according to Statistics Canada.EconomyDec 23
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Tax season is still months away. Doing 3 things now could help you laterLess than two weeks remain to take advantage of some tax strategies that will help to get more money back when it comes time to file.MoneyDec 19
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Most Canadians support oil and gas expansion, differ on priorities: IpsosNew data suggests the majority of Canadians support efforts to expand oil and gas development, including expanding and building pipelines — but within that, their support differs.EconomyDec 18
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62% of Canadians less likely to travel to the U.S. next year: Flight CentreNearly two thirds of Canadians who plan on travelling next year are setting their sights on destinations other than the U.S., according to the latest travel survey data.ConsumerDec 17
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Are you eligible in TD mutual fund class-action settlement? What to knowSome Canadians may be entitled to a payout from TD after a class-action settlement totaling over $70 million was approved by the Ontario Superior Court of Justice.MoneyDec 17
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Here’s how to ‘say no’ to holiday parties if you’re feeling the pinchEven if opting out isn't an option, here's what experts recommend for trying to navigate finances during a strained holiday season of gatherings and office parties.ConsumerDec 16
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Food prices spiked in November, says StatCan in latest inflation reportGrocery prices in Canada increased an average of 4.7 per cent in November compared to a year earlier, according to the latest Consumer Price Index.ConsumerDec 15
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Mailing in your taxes? CRA says changes are coming amid push to digitalThe CRA says it's making changes that could impact some tax filers who want to continue using paper forms and documents as it looks to shift towards a fully digital service model.CanadaDec 12
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Lululemon sales fall in North America as consumers tighten their walletsCanadian apparel brand Lululemon reported quarterly earnings that showed sales dropped in North America as many Canadians grapple with the high cost of living.ConsumerDec 12
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Canada Post expects to ‘break even by 2030,’ says CEOAs Canada Post continues to lose more than a billion dollars this year amid ongoing labour disputes and negotiations, the CEO says the company aims to 'break even' by 2030.CanadaDec 11
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For 1st time since trade war, Canada exported more than it importedThe Canadian economy achieved a trade surplus for the first time since the trade war began, as exports rebounded and imports fell in September, according to Statistics Canada.EconomyDec 11
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Why your car insurance is likely getting more expensive in 2026Car insurance premiums in Canada have been getting more expensive in recent years and insurance experts believe prices will continue to drive up into 2026.ConsumerDec 11
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‘Prices have not come down,’ says Bank of Canada after holding ratesThe Bank of Canada held its benchmark lending rate unchanged at 2.25 per cent in the final monetary policy update for 2025.EconomyDec 10
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Canadian parents may ‘underestimate’ the cost of raising a family, says RBCMost parents are surprised at just how expensive it can be to raise a family amid the high cost of living in Canada, according to the latest survey study.ConsumerDec 9
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McCain Tasti Taters recalled in Canada due to plastic piecesThe Canadian Food Inspection Agency has recalled McCain's Tasti Taters brand Crispy Potato Bites because the food items may contain pieces of plastic.ConsumerDec 9
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Why the Bank of Canada is unlikely to cut interest rates again this weekThe Bank of Canada is scheduled to make its next decision on interest rates on Dec. 10, but are they expected to raise them, cut them, or hold?EconomyDec 8
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Donald Trump awarded with inaugural FIFA Peace PrizeUnited States President Donald Trump has been awarded with the FIFA Peace Prize. It's the first time the award has been given out.WorldDec 5
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Canada added 54,000 jobs in November as unemployment rate fallsCanada's national unemployment rate fell 0.4 per cent in November to 6.5 per cent, and marks the second straight monthly decline in the unemployment rate.EconomyDec 5
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Here’s how traffic in Canadian cities fared against the world’s worstSome of Canada's biggest cities are among the world's worst for traffic congestion, according to a new report. Though none cracked the top 10 or even the top 20.EconomyDec 4
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Carney says Algoma Steel loans ‘saved two-thirds’ of jobs despite layoffsAlgoma Steel has been working to shift away from the United States as its main customer after what the company referred to as Donald Trump's 'unprecedented tariffs.'CanadaDec 3
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Productivity and hourly wages see small bump amid economic worriesCanada's business productivity improved in the third quarter as hourly wages grew, according to the latest data, which also showed a drop in hours worked amid the trade war.EconomyDec 3
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Wegovy won’t be in Canadian public drug plans as Novo Nordisk refuses talksNegotiations that could have led to coverage for weight-loss drug Wegovy under Canadian public health plans are not moving forward.HealthDec 3
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