Economic uncertainty caused by the back-and-forth U.S. tariff threats has forced BRP Inc. to revise its financial outlook for the coming year. The trade uncertainty, combined with weak consumer demand, contributed to the Ski-Doo maker reporting an earnings loss in the most recent quarter. “There’s still the uncertainty around what’s going to happen on April … Read more

Dilys D’Cruz didn’t grow up in a household where money was openly discussed. Today she is senior vice president of retail and wealth at Meridian Credit Union, and she credits financial knowledge with giving her the freedom to do what she loves—especially travelling. With more than 35 years in the financial industry, D’Cruz now relies … Read more

Joe Dominguez and Vicki Robin sparked the FIRE movement (Financial Independence, Retire Early) with their 1992 book Your Money or Your Life (Penguin Books), urging readers to save aggressively, live deliberately and question the standard nine-to-five path. The concept regained widespread attention around 2017, spreading across social media and gaining traction among those seeking minimalism, … Read more

While interest in buying vacation homes has cooled in some parts of Canada compared with the pandemic-era rush, a new Royal LePage report forecasts that prices for recreational properties will climb again in 2025 as demand continues to outstrip supply across most markets. The report, released Wednesday, projects the national median price for a single-family … Read more

Buying your first home is exciting, but it can also feel overwhelming if you don’t know where to begin. This guide walks you through the key steps first-time buyers should take—from determining what you can realistically afford and getting pre-approved for a mortgage to understanding government programs and rebates that may help. If you have … Read more

Capital gains: the phrase often sparks myths about handing over half the proceeds when you sell a property. While there is a kernel of truth to that claim, the reality is more nuanced. This guide explains how capital gains work in Canada, how they are calculated and taxed, and which rules or exemptions can reduce … Read more

Capital gains tax highlights Latest news: On March 21, 2025, the federal government cancelled the proposed increase to the capital gains inclusion rate. 2024 tax filings: The Canada Revenue Agency (CRA) is allowing individuals reporting 2024 capital gains until June 2 to file without late-filing penalties and interest. The standard 2024 tax deadline for most … Read more

Wild swings in the stock market can be unsettling for many investors, and they can feel especially daunting for young Canadians who are just beginning their investing journey. Even with additional volatility from issues such as the trade tensions between Canada and the U.S., advisors say that, in the long run, these ups and downs … Read more

Ask MoneySense If I have the RRSP room and put any capital gains earned into an RRSP, would I pay tax on that before I put it into an RRSP or would the RRSP delay the tax until I withdraw it? —Leslie When you sell an investment in a non-registered account for a profit, you … Read more

The first quarter of 2025 surprised many investors who expected a clear “Trump trade.” Instead of a smooth rally, markets faced volatility as tariff threats and policy uncertainty around trade with partners such as Canada and Mexico unsettled investors. Through March 17, the S&P 500 was down 3.8% year-to-date, and the tech-heavy Nasdaq 100 had … Read more