Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, reviews this week’s financial headlines and explains what they mean for Canadian investors. U.S. inflation continues to move in the right direction Even after a strong April jobs report in the United States, inflation continued to ease in March. The U.S. … Read more

They are “Mom” at home and “boss” at work. Across Canada, women are steadily breaking through the glass ceiling in careers and business ownership. Women now hold more board seats at public companies—more than a quarter in 2022 versus just over 20% in 2020, according to the latest diversity report from law firm Osler, Hoskin … Read more

Ask MoneySense I am the second owner of a 2013 Tesla Model S with 213,000 km on the odometer. Recently the battery range fell to about 150 km and the car displayed an alert. I paid $420 for a diagnosis at Tesla’s Montreal service centre. Their conclusion: the entire battery pack needs replacement. The estimate … Read more

“But you’re getting married! You have to!” From cakes and veils to engagement photos and bachelorette parties, that line is often the default response to every wedding decision. The minute a couple is engaged, opinions from friends and family start pouring in—frequently louder than the couple’s own priorities. The idea that you only get one … Read more

Janine Rogan, a Chartered Professional Accountant, recently analyzed the gender wealth gap in her first book, The Pink Tax: Dismantling a Financial System Designed to Keep Women Broke (Page Two Books, May 2023). Rogan is also the founder of The Wealth Building Academy, an online education platform she launched in 2020 to help women learn … Read more

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, highlights the week’s top financial headlines and explains what they mean for Canadian investors. Thanks to Diamond Hands Dale Roberts for stepping in to cover the major market stories over the past few weeks. Powell remains on the expected path as … Read more

If you’re retired, approaching retirement, or a younger investor seeking stability in a portfolio during market downturns, certain sectors historically offer more resilience than others. Health care, utilities and well-known consumer brand leaders consistently stand out for their defensive qualities. Below is a clear, practical look at why these areas can help protect retirement savings … Read more

Ask MoneySense My bank is suggesting market-tracking GICs as an investment portfolio for part of my retirement nest egg. What is the deal (pros / cons) with this type of investment?—Bryan Should you buy market-linked GICs? Guaranteed investment certificates (GICs) are a common safe-haven investment available to Canadians. Standard GICs lock in a fixed interest … Read more

This week, Cut the Crap Investing founder Dale Roberts breaks down the biggest financial headlines and provides context for Canadian investors. Tech is in the driver’s seat, again This week delivered broad earnings results—an earnings bonanza—where the number of companies reporting and the dollar value of those results were unusually large. Yet despite banking turmoil … Read more

Ask MoneySense My situation is this: My sister and her husband have accumulated a large mortgage. He has left her and, under their separation agreement, will walk away from the house. Once his name is removed from the title, my sister won’t be able to make the payments on her own nor qualify for the … Read more