Personal Finance
Industry
addy, Real Estate Crowdfunding Investment Platform, Fined $100K By BCSC
The BC Securities Commission says addy Technology Corp was operating was operating as an unregistered trader.
Mar 19, 2025
Taxes
What's Going On With Capital Gains Tax? An Expert Explains
CPA Canada VP John Oakey says that while the CRA is moving forward, the new inclusion rate is still not official law. "At the end of the day, it's the taxpayers the decision on what they're going to do, and there's consequences on either side of the fence," he says.
Personal Finance
"Approaching A Crisis Point": Nearly Half Of Canadians Concerned About Their Current Level Of Debt
The MNP Consumer Debt Index has sunk to its second-lowest level since its inception in 2017 under the weight of persistently high inflation and rising interest rates, the impact of which have left Canadians feeling "pessimistic" about their current debt situation.
Finance
Canadians Are Seeking Second Jobs, Contemplating Moving As Housing Costs Soar
Amid higher monthly mortgage and rent payments, a new survey reveals that 31% of Canadians have had to “seek additional income” in order to make ends meet.
Regal, Not Rigid: $25M Kingston Mansion Is A Rarefied Historic Gem
The iconic Kingston mansion features regal details alongside luxury amenities, including an automated bowling alley.
Finance
More Than 75% Of Canadians Are Not Financially Resilient
Only 18% of Canadians with a variable-rate mortgage are financially resilient.
Personal Finance
Household Mortgage Debt Sees Slowest Pace Of Growth In Over 11 Years
Although household mortgage debt rose in May and surpassed $2.1T, the increase marked the slowest pace of growth since December 2011.
Personal Finance
Fidelity Partners With Brookfield To Launch Private Real Estate Investment Portfolio
Fidelity Investments has partnered with Brookfield Asset Management to launch a new private real estate market portfolio.
Personal Finance
What Will Be The BoC’s Next Interest Rate Move? Some Experts Say It's A “Coin Toss”
There’s no shortage of speculation surrounding the next BoC interest rate decision, slated for Wednesday, July 12.
Personal Finance
Will Wednesday’s BoC Rate Decision Bring A Hike? Experts Weigh In
On the heels of Canada’s latest inflation and GDP readings, experts are cautioning that another interest rate hike is not off the table.
Personal Finance
Millennial Renters Will Have to Save 50% More Than Homeowners for Retirement
New data from Mercer shows that millennial renters will have to save eight times their salaries in order to “comfortably retire” by 68.
Personal Finance
Bank of Canada Holds Key Interest Rate at 4.5%
The Bank of Canada held its target for the overnight rate on Wednesday, maintaining interest rates at 4.5%.
Personal Finance
Bank of Canada Pauses Interest Rate Hikes, Holds at 4.5%
For the first time in a year, the Bank of Canada chose not to raise interest rates, announcing that it will hold its policy rate at 4.5%.
Personal Finance
Canadian Insolvencies Reach Highest Number Since March 2020
As interest rates rose and the cost of living soared, November 2022 saw the highest number of Canadian insolvencies in 32 months.
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