How to Invest

‘You can’t paint any lipstick on what is happening in terms of consumer credit quality,’ says David Rosenberg Author of the article: Bloomberg News Derek Decloet Published Dec 15, 2022  •  1 minute read Join the conversation Canada’s big banks have raised their benchmark lending rate to 6.45 per cent leading to higher debt payment… Continue reading Canadians’ debt payments higher now than in the ’90s when interest rates were 13%

Collapse of Sam Bankman-Fried’s FTX stirs fears over safety of assets Author of the article: Financial Times Nikou Asgari in London Published Dec 12, 2022  •  2 minute read Join the conversation The entrance of the FTX Arena in Miami, Florida. Photo by Marco Bello/Reuters files Investors are pulling record levels of bitcoin from cryptocurrency… Continue reading Investors withdraw record levels of bitcoin from crypto exchanges

Rates now seeing topping 5% in new year Author of the article: Reuters Chuck Mikolajczak Published Dec 15, 2022  •  2 minute read Join the conversation All the 11 major S&P 500 sectors were in the red, with communication services and technology stocks falling over 3 per cent and bearing the brunt of selling pressure.… Continue reading Dow having worst day in 3 months after Fed squashed rate hopes

Auditor general finds Real Estate Council of Ontario not fulfilling its mandate to protect consumers’ interests Auditor general finds Real Estate Council of Ontario is not fulfilling its mandate to protect consumers’ interests. Photo by Peter J. Thompson/National Post With hundreds of billions of dollars invested in housing transactions, consumers and others should expect effective… Continue reading Ontario needs to overhaul its real estate regulator to safeguard the interests of homebuyers and sellers

Jamie Golombek: Consider these things before Dec. 31 to make the most, tax-wise, of your charitable donations in 2022 Most Canadians lack a solid understanding of the tax benefits associated with charitable contributions, according to one recent poll. Photo by Getty Images/iStockphoto Most Canadians have contributed to a charity or not-for-profit organization this year despite… Continue reading Five ways to take advantage of tax benefits when donating to charity

Couple managed to pay off a previously insurmountable amount of debt and even had money in the bank There are many hidden debt relief options in Canada, writes Sandra Fry. Photo by Getty Images/iStockphoto By Sandra Fry Advertisement 2 This advertisement has not loaded yet, but your article continues below. I don’t know about you,… Continue reading Household makeover: a financial success story to show how you can live within your means

‘Someone will likely look into it, whether it’s innocent or not’ Author of the article: Bloomberg News Akayla Gardner and Jessica Menton Published Dec 14, 2022  •  2 minute read Join the conversation U.S. President Joe Biden gives a press conference following the release of inflation numbers for November on Dec. 13. Photo by BRENDAN… Continue reading Suspicions of U.S. CPI leak swirl around mystery rally in 60 seconds before data’s release

Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance Understand your cash flow Talking about money with your partner can be difficult. According to a 2021 Fidelity study,… Continue reading Why the cost of living has some Canadians delaying parenthood, and tips for how to afford it