A growing number of Canadians are reconsidering car ownership as rising financing costs and high living expenses push household budgets to the breaking point. Debt and insolvency experts report an unusual trend: more people are contacting lenders with the intention of returning their financed vehicles because payments have become unsustainable. Also Read: Safe investments for…
Rogers Sugar Inc. reported a fourth-quarter profit of $13.7 million, showing resilience despite a decline in revenue compared with the same period last year. The company recorded earnings of 10 cents per diluted share, down from 13 cents per share a year ago when net income reached $18.6 million. On an adjusted basis, however, the…
Canadians under 35 have been building wealth faster than any other age group in recent years, yet economists warn that these gains may not be sustainable. Since the pandemic began, younger households have effectively doubled their net worth, driven largely by increases in financial assets, rising property values, and inheritances from older generations. Government support…
A world-renowned craft beer school is making the move from Chicago to Montreal, marking a major shift in North American brewing education. The Siebel Institute of Technology, with a legacy spanning over 150 years, cited difficulties in attracting international students as the primary reason for the relocation. Stricter U.S. visa rules in recent years have…
The Canada Revenue Agency (CRA) has released the tax figures and limits for 2026, with several adjustments reflecting inflation and other policy changes. Most income tax and benefit amounts are updated annually, and this year, the inflation adjustment factor is set at two per cent. While changes to tax brackets and non-refundable credits take effect…
Oil prices remained stable as global markets monitored diplomatic developments aimed at resolving the ongoing conflict in Eastern Europe. With negotiations expected to intensify in the coming days, traders balanced the potential for progress on peace efforts against the continued friction created by sanctions targeting Russian energy output. The timing also contributed to softer activity,…
For investors focused on building long-term, tax-efficient wealth, the Tax-Free Savings Account (TFSA) remains one of the strongest investment structures available in Canada. Gains inside the TFSA grow without taxes, allowing high-quality equities to compound unhindered for years. When your investment horizon spans decades, eliminating annual tax friction can meaningfully accelerate total returns. Within that…
For investors seeking long-term wealth creation, a Tax-Free Savings Account (TFSA) remains one of the most effective tools available. Its structure allows high-quality stocks to compound uninterrupted, with every dollar of appreciation, dividend income, and reinvested gains shielded from taxes. When your goal is to hold investments for decades, eliminating annual tax drag significantly accelerates…
While some leading AI companies have faced challenges in recent weeks, other tech firms are showing strong growth and capturing investor interest. Companies like Broadcom, Symbotic, Zoom, and Pony AI are emerging as notable performers in the expanding AI sector. Broadcom has benefited from rising demand for AI hardware, including advanced networking and…
Gold prices climbed as the US dollar slipped and markets priced in an increased likelihood of an interest-rate cut before year-end. Bullion hovered around $4,165 an ounce in Asian trading, up modestly from Tuesday, while a weaker dollar made gold more affordable for international buyers. Also Read: Safe investments for new investors Recent economic data,…
Canadian convenience and fuel giant Alimentation Couche-Tard is reporting robust momentum in its in-store food business, even as consumers remain cautious. CEO Alex Miller highlighted that fresh and prepared food sales are on track to reach the company’s internal target of 20% of North American revenue. Also Read: Best long term Canadian stocks The Laval-based…
Small businesses abroad are feeling the pinch as U.S. import tariffs disrupt holiday sales. For companies that once relied on smooth cross-border shipping, the end of tariff exemptions has nearly doubled costs for customers, causing order volumes to drop sharply. Also Read: Best long term Canadian stocks Some sellers are covering the new duties…
Bitcoin has stabilized near $88,000 after last week’s sharp selloff, which pushed the cryptocurrency to a seven-month low and erased trillions in value across the digital-asset market. The rebound has eased some market stress, though caution remains widespread among traders. Indicators suggest selling pressure is subsiding. Protection costs in options markets have fallen sharply, and…
Canada’s economic outlook for the third quarter is losing momentum, raising doubts about whether growth can meet the central bank’s expectations. With fresh GDP data for September and an early look at October set to shape the final assessment, underlying indicators point to a softer performance than previously projected. Also Read: Stock investment Canada for…
Crude prices fell to a one-month low as renewed progress in Ukraine peace negotiations triggered fresh concerns about rising global supply. Market sentiment shifted sharply after indications that Kyiv is engaging more constructively on a revised peace framework aimed at ending the long-running conflict. While diplomatic discussions continue and major issues remain unresolved, even small…
