Sometime in the next few days—or perhaps within hours—the “miners” who create new bitcoins by solving complex mathematical problems will see their payouts cut by 50%. This scheduled reduction, known as a halving, will immediately halve the rate at which new bitcoin enters circulation. The event has many potential consequences: it could influence the cryptocurrency’s … Read more

Earth Day falls on April 22 — a perfect reminder to adopt more eco-friendly habits that can also save you money. We asked our editors to share practical, affordable tips they use at home. Below are simple swaps and small adjustments that reduce waste, lower energy bills and make a measurable environmental difference over time. … Read more

Many real estate articles begin with a definition from a dictionary. For new investors or prospective home buyers in Canada, however, the number of terms and concepts to learn can feel overwhelming. Below are clear explanations of commonly misunderstood real estate terms, with insight from Canadian industry professionals to help you make better decisions. What … Read more

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. Canada’s unproductive budget The federal budget announced this week promised to address Canada’s long-running productivity challenges, but the measures instead leaned toward higher taxes rather than structural reforms to boost growth. … Read more

Annuities are insurance contracts that convert a lump sum of savings into a steady income stream. When you purchase an annuity you effectively buy a private pension: the insurer returns your capital over time and pays interest on that capital. Part of the income can also come from pooling the remaining capital of other annuity … Read more

Choosing a financial advisor is an important decision. This professional will guide you on insurance, budgeting, investing and long-term planning, so it’s worth taking the time to evaluate candidates carefully before you hire anyone. People often use “financial advisor” and “financial planner” interchangeably. No matter the title, you want someone who will help you build … Read more

The federal budget has drawn sharp criticism from Canada’s innovation sector. Prominent technology companies, including Shopify, warned that proposed capital gains changes in the fiscal plan could inflict lasting damage on the country’s entrepreneurial ecosystem. What the capital gains tax change means to the tech industry The budget tabled on Tuesday, April 16 proposes raising … Read more

The federal government presented Budget 2024 as a plan to bring “fairness for every generation” of Canadians. It contains a range of tax changes—many aimed at higher-income earners—along with measures to help renters, first-time homebuyers, small businesses and people who rely on federal benefits. Below is a clear summary of the key items and what … Read more

Before the tax filing deadline on April 30, 2024, take time to identify all opportunities that could reduce your tax bill. Review potential deductions, rebates and tax credits so you don’t miss out on money you’re entitled to. Use our income tax guide to prepare your return for last year. 1. Get your T4, T4A … Read more

Looking for lower car insurance premiums is a common priority for drivers. Finding ways to reduce what you pay is especially important today, as rising vehicle thefts are pushing insurance costs higher. How to lower the cost of auto insurance and prevent car theft Insurance experts say simple prevention measures—like installing a tracking device and … Read more