What impact would a GST holiday have on Canada’s economy?

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The federal government’s recently announced package — which pauses federal sales tax on a wide range of goods and issues rebate cheques to millions of Canadians this spring — could help improve growth prospects for 2025, economists say. The initiative, estimated to cost about $6.3 billion, is large enough to influence consumer behaviour and short-term … Read more

Which Financial Advisor Is Right for You?

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Working with a financial advisor or planner can clarify your financial situation and help you achieve greater financial well-being. Before you begin, however, it’s important to pick a professional whose services, credentials and fee structure match your needs and goals. This guide explains what financial advisors and planners do, how they are paid, common credentials … Read more

Weekly Market Outlook: Nov 24, 2024

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Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, summarizes major financial headlines and explains what they mean for Canadian investors. Can’t stop the Nvidia train Nvidia has surged into the position of the world’s largest public company, fueled by extraordinary profit growth and relentless demand for its AI-focused … Read more

Nvidia Earnings Spark Rally as Blackwell AI Chips Boost Stock

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Nvidia on Wednesday reported a dramatic increase in third-quarter profit and revenue as demand for its specialized chips that power artificial intelligence systems remained strong. For the three months ended Oct. 27, the Santa Clara, California–based company posted revenue of $35.08 billion, a 94% rise from $18.12 billion in the same quarter a year earlier. … Read more

How Nvidia Became a Compelling Stock: Key Numbers

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Nvidia once again reported quarterly results that topped Wall Street expectations, driven by surging demand for the company’s semiconductors that power artificial intelligence applications. Revenue nearly doubled compared with the same quarter a year earlier, the company said, and management is forecasting further growth in the current quarter that ends in January. Investors are now … Read more

5 Essential Insurance Policies for Canadian Small Businesses

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Do you run a small business or side hustle in Canada? It’s wise to plan ahead for risks that could disrupt your operations and harm your customers. Imagine a fire destroying your premises and inventory, a cyber-attack bringing down your website and exposing client data, or a product you sold injuring someone and triggering a … Read more

Bitcoin Nears USD 100,000 as Post-Election Rally Gains Steam

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Bitcoin surged past $98,000 for the first time on Thursday, extending a near-daily run of record highs that began after the U.S. presidential election. (All figures are in U.S. dollars.) The cryptocurrency has climbed more than 40% in roughly two weeks, bringing it to the brink of $100,000 as investor demand stays strong despite bitcoin’s … Read more

Where to Find Free or Low-Cost Mental Health Help in Canada

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This article is not intended as medical advice. If you or someone you know is in danger of hurting themselves or others, call 9-1-1 or go to your nearest emergency department. Many Canadians face financial barriers when seeking mental health care, even with employer benefits. Mental wellness influences overall health, work performance, relationships and personal … Read more

How to Plan for Retirement Without a Pension

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Fifty years ago, retirement planning was straightforward for many Canadians: more than half of working people—especially men—relied on employer or union pension plans as their primary source of retirement income. That era has largely passed. Today, most workers must assemble retirement income from several sources instead of depending on a single workplace pension. According to … Read more

Why Food Feels So Expensive in Canada Despite Stable Inflation

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Statistics Canada reports that inflation has eased, but many Canadians still feel the impact when they shop. High grocery prices—whether that’s $15 for grapes or $20 for chicken breasts—are prompting sticker shock at the checkout. If you’re worried about the cost of basics and seeing your grocery bill climb, you’re far from alone. Beyond uncertainty … Read more