No. 1105Investors Expect Second Bank of Canada Rate CutEconomists and market observers widely expect the Bank of Canada to announce another interest rate cut this week as multiple indicators suggest inflation is easing in a durable…
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No. 1105Investors Expect Second Bank of Canada Rate CutEconomists and market observers widely expect the Bank of Canada to announce another interest rate cut this week as multiple indicators suggest inflation is easing in a durable…
No. 1106Weekly Market Analysis: July 21, 2024Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, summarizes the week’s financial headlines and provides context for Canadian investors. Inflation continues…
No. 1107$10-a-Day Childcare: How It Affects Your TaxesEvery parent knows how stressful and expensive finding reliable child-care can be. Recently, however, Canada has begun rolling out $10‑a‑day child-care placements in many areas, which eases monthly…
No. 1108Costco and Walmart to Sign Grocery Code of ConductAll of Canada’s major grocery chains have agreed to a voluntary grocery code of conduct, clearing the way for industry guidelines that have been under development for several…
No. 1109Sell a Cottage to a Family Member: Capital Gains TaxAsk MoneySense I shared a cottage property with my brother. I sold my half to my niece. Do I have to pay capital gains tax? If so, how…
No. 1110How to File an Insurance Claim After a Flash FloodHomeowners across Canada are increasingly adding flood coverage to their policies as extreme weather and intense rainfall events grow more frequent, according to the Insurance Bureau of Canada…
No. 1111Does Home Insurance Cover Water Damage? Most Policies Don’tIf you carry a mortgage, your lender will typically require you to carry home insurance. However, that requirement does not guarantee protection against every kind of water-related loss.…
No. 1112Tax Deductions You Can Claim When Selling a Cottage in CanadaAsk MoneySense We are planning to sell the cottage, and I would like to know which renovations or improvements can be treated as capital costs. I have kept…
No. 1113Corus Entertainment Announces New Layoffs Amid Cost CuttingCorus Entertainment Inc. says it expects to have cut roughly 25% of its full-time workforce by the end of next month compared with the start of its 2023…
No. 1114Cleveland-Cliffs Buys Hamilton Steelmaker Stelco for $3.4BSeven years after emerging from creditor protection and undertaking a major turnaround, Stelco Holdings Inc. has agreed to be acquired by Cleveland-Cliffs Inc. in a transaction valued at…
No. 1115How and When to Transfer an RESP to Your GrandchildrenAsk MoneySense I’m the grandfather to two young boys. They are eight and six years old. I opened a joint RESP for both of them after the youngest…
No. 1116Weekly Market Outlook: July 14, 2024Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, summarizes the week’s financial headlines and explains what they mean for Canadian investors.…
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