Empire Co. Ltd., the parent company of Sobeys, says it is positioning itself for brighter economic conditions ahead as the sales gap between its discount and full-service grocery stores begins to narrow. On a conference call to discuss its latest quarterly results, president and CEO Michael Medline described the rapid expansion of the company’s FreshCo … Read more

Once, many Canadian workers could count on a workplace pension as the foundation of their retirement plan. Today, pension coverage has fallen: in 2021 only about 38% of workers had a registered pension plan, leaving most people to assemble their own retirement income from various sources. Newcomers to Canada face particular challenges when planning for … Read more

Dollarama Inc.’s food aisles have grown well beyond the occasional candy or gum at the checkout in recent years, but CEO Neil Rossy insists the company is “not in the grocery business,” even as it watches the sector closely. “It’s just one small part of our store,” Rossy said during an analyst call on Wednesday, … Read more

Real estate observers across the Greater Toronto Area (GTA) say a mix of elevated interest rates and a recent surge in new condominium supply has created a clear oversupply in the market—one that will take time to work through as demand and supply rebalance. A TD Economics report by Rishi Sondhi highlighted that resale activity … Read more

Before the Bank of Canada began cutting its benchmark interest rate earlier this year, some analysts hoped falling rates would trigger a clear recovery in the housing market. Three consecutive cuts later, that recovery has not yet materialized. Markets have reacted only modestly so far, and many economists say deeper rate reductions will be required … Read more

Your relationship with a wealth planner is both personal and transactional. Knowing how advisors are paid — and how those fees affect your long-term returns — is essential to growing and protecting your money. Financial educator Kelley Keehn Choosing the right planner can be confusing: you need someone with suitable credentials, an investment approach that … Read more

You may have heard others discussing private investments, or your financial advisor may have suggested them. Interest in private markets has risen recently for good reasons, but there are also reasons to be cautious. Below is a clear, practical overview of what private investments are, why they attract attention, what benefits and drawbacks they present, … Read more

OK, Boomer. The phrase often conjures images of social-media sparring between generations, but when it comes to money, Canadians are largely aligned: most feel squeezed. In the annual MoneySense survey conducted between July 18 and August 23, 2024, 3,153 Canadians identified their generation and answered questions about debt, saving and overall financial confidence. The clear … Read more

Bare trusts have been a major focus in 2023 and 2024. Property owners, beneficiaries and tax professionals have grappled with evolving reporting expectations, while federal guidance has shifted, creating confusion about whether trustees must file T3 Trust Income Tax and Information Returns and the accompanying Schedule 15 (Beneficial Ownership Information of a Trust). For the … Read more

If you’re worried about retirement, you’re not alone. With the rise of the gig economy and other shifts in the labour market, fewer than two in five Canadians today have access to a workplace pension. For single parents, planning and saving for retirement brings additional challenges—and greater urgency. “If you don’t have a company pension, … Read more