Nvidia’s AI chipsets remained in high demand during the company’s latest quarter, but the pace of growth was not quite strong enough to fully ease concerns that enthusiasm for artificial intelligence may be cooling. The results, released Wednesday, were closely watched because Nvidia has become a leading bellwether for the two-year AI boom that has … Read more

Ask MoneySense Both my wife and I are retired. My wife is 72 years old and I am 68. Our combined income comes from CPP, OAS, RRIFs and dividends—both from our personal non-registered investments and quarterly corporate dividends paid from a holding company that manages our corporate investments. We supplement cash flow from our non-registered … Read more

As many young Canadians head to college and university, some will be able to rely on a registered education savings plan (RESP) to help cover costs. RESP holders also benefit from the federal government’s 20% matching grant on qualifying contributions up to the program’s limit, one of several tax‑advantaged savings incentives Canada uses to encourage … Read more

A recent analysis warns that youth unemployment has climbed to levels usually seen only during economic downturns, even as employment for other age groups has held up better. The report from CIBC highlights a widening gap in the labour market: young people are losing ground at a pace that outstrips what the broader economic picture … Read more

Air Canada customers who wish to file a complaint with the regulator over their experience during the recent flight attendants’ strike should be prepared for a lengthy wait. As of Aug. 14 — two days before the strike began — the Canadian Transportation Agency (CTA) reported a backlog of roughly 85,000 air travel complaints. The … Read more

For years you’ve been saving for your child’s post-secondary education using a Registered Education Savings Plan (RESP). Now that your child is preparing to start college or university, you may be wondering how RESP withdrawals work, what documentation is required, and how those withdrawals will be taxed. The basics are straightforward, but the details matter … Read more

The unusual market dynamics of the 2022 bear market revealed a significant weakness in the classic 60% equities / 40% bonds portfolio used by many investors. That year was driven by two dominant forces: accelerating inflation across the U.S. and Canada, and rapid interest-rate increases from central banks. Between January and December 2022, Vanguard’s Balanced … Read more

If you’ve ever stared at your credit card bill and wondered, “How will I ever pay this off?” you’re far from alone. Many Canadians are carrying high-interest debt while also trying to improve their credit scores. That can feel overwhelming, especially if your credit history isn’t strong right now. Rising living costs after the pandemic … Read more

Investors for Paris Compliance, a shareholder advocacy group that monitors corporate climate commitments, has filed a formal greenwashing complaint with Alberta’s securities regulator alleging that Cenovus Inc. (TSX: CVE) and Enbridge Inc. (TSX: ENB) have misled investors through environmental disclosures. The complaint asserts that the two energy-sector leaders—one a major oilsands producer, the other Canada’s … Read more

It’s a striking trend: non-mortgage delinquencies in Canada have climbed to levels not seen since 2009, according to a report from Equifax, one of the country’s major credit bureaus. In practical terms, about 1.4 million Canadians recently missed a credit payment. That headline sounds alarming, but the full picture is more nuanced. There are ways … Read more