NEWS

Money Matters: Dealing with Canada Revenue Agency debt

Blair Mantin of Sands & Associates discusses the common types of CRA debt and how to deal with them if you find yourself owing the government money.

Millennials, Gen Z, need government help ‘now more than ever’: treasury board president

Canada's Treasury Board President Anita Anand joins CBC chief political correspondent Rosemary Barton to talk about the federal budget and its focus on young Canadians — as well as the criticism it's receiving.

Oil prices inch up after data shows unexpected drop in U.S. crude stocks

By Katya Golubkova TOKYO (Reuters) - Oil prices rose in early trade on Wednesday, adding to gains in the previous session, after industry data showed a surprise drop in U.S. crude stocks last week, a positive sign for demand, and attention shifted away from hostilities in the Middle East. Brent crude futures rose 9 cents, or 0.1%, to $88.51 a barrel and U.S. West Texas Intermediate crude futures

Psychologist explained how to maintain passion in long-term relationships

At the beginning of a relationship, there is a passionate stage for every couple when you simply can't get enough of each other. However, with time, this fades, and many couples encounter a loss of interest. What can help maintain passion in relationships, according to psychologist Dmytro Ostapenko. How to keep passion alive in long-term relationsh...

CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie was trading 0% higher at C$1.3694 to the greenback, or 73.02 U.S. cents, after trading in a range of 1.369 to 1.3714. Canadian government 10-year bond yields rose 2.1 basis points to 3.774%. The yield on similar U.S. government benchmark debt rose to 4.6457%. U.S.

The five decor mistakes that are making your home look cheap

Have you got any of these in your home?

Average net worth of Americans by age — see how you compare

Money Plant Indoor Table Decoration Ideas for Cleaning Indoor Air | Money plant Ideas//GREEN PLANTS

Money Plant Indoor Table Decoration Ideas for Cleaning Indoor Air | Money plant Ideas//GREEN PLANTS Money plant growing ideas and easy method to grow bunch of money plants using growing stick for indoor garden or outdoor. This video shows easier way to display plants table decoration and how to grow money plants at home and potting these long vine pothos from cuttings. Growing money plant at home Feng Shui believe brings positive energy and cleaning air and negativity in every home. #greenplants #moneyplant #moneyplantdecoration #indoorplants #gardeningideas

Budget 2024 failed to spark ‘political reboot’ for Liberals, polling suggests

Prime Minister Justin Trudeau's government is facing a steep hill to climb in the polls after the 2024 budget failed the sway voters back to Liberal Party, new polling shows.

‘Trying not to die’: Tourism operators face heavy debt, even as business roars back

Maureen Gordon has weathered hard times before. She and her husband began running ecotourism outfit Maple Leaf Adventures out of Vancouver about a month before the 9/11 terrorist attacks devastated international travel in 2001. The rebound was relatively quick. Fallout from COVID-19 has proven much more prolonged. “The pandemic of course was incred...

What's cheaper, EV or gas? This scholar crunched the numbers

Where you live and how much you drive each day matters when it comes to the cost-effectiveness of an electric vehicle, compared to gas. to A new UBC study crunches the numbers.

Why few bank fraud complaints lead to compensation

Sarah Bradley, the ombudsman and CEO at Ombudsman for Banking Services and Investments, responds to a report that found only a quarter of banking complaints resulted in monetary compensation in 2023.

Moving jobs this often helps you climb the career ladder and earn more money

Premiers lash out at Trudeau over budget

This week’s federal budget has premiers lashing out at Prime Minister Justin Trudeau over a planned increase to capital gains taxes as well as what they say is overstepping on infrastructure and pharmacare.

Average US annual salary by age revealed – see how you compare

What I Own: First time buyer Biro, who bought a £1m home in Brighton with no mortgage

'We've always dreamed of buying our own home.'

Switzerland reveals amount of frozen Russian assets

As of December 31, 2023, the value of financial assets frozen due to sanctions against Russia amounted to CHF 5.8 billion (USD 6.4 billion). In addition, 17 real estate properties have been blocked, reports the government department responsible for compliance with sanctions (SECO). The latest data show that the value of frozen financial assets fell...

Ukraine to receive new tranche from EU this week: Ukrainian Prime Minister reveals amount

This week, Ukraine expects to receive a €1.5 billion tranche from the European Union under the Ukraine Facility program, reported Prime Minister of Ukraine Denys Shmyhal during a meeting of the Cabinet of Ministers. "The European Commission has supported the Ukraine Plan under the Ukraine Facility program. This week, we expect to receive 1.5 billio...

How Much Cash Do You Need to Stop Work and Live Off Dividends?

Want to retire early? Here's how much cash you might need to quit work and live off your investment income. The post How Much Cash Do You Need to Stop Work and Live Off Dividends? appeared first on The Motley Fool Canada.

The Maximum CPP Payout Probably Won’t Be Enough for You: Here’s How to Supplement it With Your Own Pension Fund

If you are solely dependent on CPP for retirement, it is time rethink that. Consider building your pension fund before it is too late. The post The Maximum CPP Payout Probably Won’t Be Enough for You: Here’s How to Supplement it With Your Own Pension Fund appeared first on The Motley Fool Canada.

Trudeau says Sask. families to get full rebate, even without paying carbon tax on home heating

Prime Minister Justin Trudeau told reporters in Saskatoon on Tuesday that Saskatchewan families would receive "unaffected" carbon tax rebates "despite the fact the Premier is not sending that money to Ottawa right now." The provincial government stopped collecting the carbon tax on home heating from residents after the federal government gave an exemption on home heating oil that largely helped Atlantic Canada.

The playmate, the doorman, and the tabloid mogul: Key takeaways from Trump’s day in court

The playmate, the doorman, and the tabloid mogul: Key takeaways from Trump’s day in court - Day six of former president’s hush money trial and second day of testimony saw National Enquirer boss lift lid on catch-and-kill scheme

If you're retired or about to retire, think carefully about your tax strategy

NEW YORK (AP) — Coming up with the best tax strategy in retirement can be much trickier than it seems, and tax pros agree it's a time when people need to be especially careful to look at their entire financial picture before deciding on a things like 401(k) withdrawal amounts and timing, or when to begin taking Social Security. “It’s the biggest ch...

Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations

(Reuters) - Fisker may have to file for bankruptcy protection within 30 days if it does not get adequate relief from its creditors and enough liquidity to meet its current debt obligations, it disclosed in a regulatory filing on Tuesday. The cash-strapped EV startup said it had failed to make an interest payment of about $8.4 million on some notes due in 2026 during a 30-day grace period. The

Sunak to spent £75,000,000,000 on defence to put UK on 'war footing'

The PM said the world was currently ‘the most dangerous it has been since the end of the Cold War’.

Doctors ask Liberal government to reconsider capital gains tax change

OTTAWA — The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing they will affect doctors' retirement savings. Kathleen Ross, the association's president, says many doctors incorporate their medical practices and invest for retirement inside their corporations. The prop...

Meet a 31-year old who makes $185K/month at 90% margin - the story of @CharlieChang

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No such thing as a free lunch ... or maybe a free day trip to Venice anymore, either

Mass tourism has placed such a strain on Venice that the city will be imposing a visitor's fee for 29 high-traffic days this year, starting April 25, to dissuade daytrippers and curb the growing number of tourists. Exemptions will apply to locals, commuters, people who pay property tax in Venice, visitors who stay overnight and those participating in sporting events, but some exemptions must be registered online. While this may only be a trial period, the results will be used to tweak the program with the goal of making it permanent.

Business News: Impact of capital gains tax changes

The Liberals tabled the federal budget this week, and among the major changes was to how capital gains are taxed. The tech sector are the latest to speak out against the proposal. Financial analyst Robert Levy talks about the impact it could have on Canadians.

US is preparing $1 billion arms package for Ukraine - Reuters

The United States is preparing its largest arms package for Ukraine yet, with preliminary data suggesting it will amount to $1 billion, Reuters informs. According to Reuters, the United States is preparing a $1 billion military assistance package for Ukraine, as reported by two American generals. It is expected that the aid package will include veh...

Annual home prices predicted to rise nearly 10% by end of year: Royal LePage

A realty firm is making a grim prediction about home prices in Canada, forecasting a big jump by the end of the year. Global's Nathaniel Dove explores why prices might go up.

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Business Matters: New condo sales in the Greater Toronto Area fall 71% below 10-year average

New condo sales tumbled 71 per cent below the 10-year average in the first quarter of this year according to analysis by Urbanation. Anne Gaviola has more on what’s happening in Business Matters for Monday, April 22, 2024.

Ontario government faces lawsuit over cancellation of basic income pilot

Members of a class action lawsuit against the Form government for its cancellation of the Ontario basic income pilot are seeking $200M in damages. Jaden Lee-Lincoln explains.

Yen tumbles as markets on alert for Japan action; dollar falls after data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The yen dropped to multi-year lows against the U.S. dollar and euro on Tuesday, keeping investors on heightened Japanese intervention watch ahead of this week's Bank of Japan policy meeting. The euro reached 165.71 yen, its highest since 2008, after data showed business activity in the euro zone expanded at its fastest pace in nearly a year,

Here’s the Average Retirement Income for Canadians: How Do You Rate?

If you're worried about how much you'll earn in retirement, increase your income by investing in an ETF like this one. The post Here’s the Average Retirement Income for Canadians: How Do You Rate? appeared first on The Motley Fool Canada.

How to Build a Bulletproof Monthly Passive-Income Portfolio With Just $20,000

Income-seeking Canadian investors can consider holding shares of REIT such as Dream Industrial to create a passive-income stream. The post How to Build a Bulletproof Monthly Passive-Income Portfolio With Just $20,000 appeared first on The Motley Fool Canada.

Inside Mozambique's Capital City ($1.60 per month salary)

A deep dive into Mozambique's Capital City. My instagram: https://www.instagram.com/indigo.traveller/ My Patreon (a way to support these videos): https://www.patreon.com/indigotraveller 🎵 Where I found the music in this video, free 30 day trial: http://share.epidemicsound.com/indigotraveller My e-mail: [email protected] Thank you for watching.

RFK Jr wants to put US budget on blockchain

RFK Jr wants to put US budget on blockchain - The independent presidential candidate told supporters that such a system would allow US voters to know ‘if somebody is spending $16,000 for a toilet seat’

Denmark to aid Ukraine's green energy infrastructure

Ukraine and Denmark signed a memorandum of understanding on cooperation and recovery. The document includes assistance totaling nearly 400 million euros, according to the Ministry of Economy of Ukraine. The memorandum was signed by First Deputy Prime Minister of Economy of Ukraine Yulia Svyrydenko and Minister for Business of Denmark Morten Bødskov...

Norway announces significant increase in military aid to Ukraine

Espen Barth Eide, the Minister of Foreign Affairs of Norway, announced that Norway plans a "significant" increase in aid to Ukraine. The amount has yet to be determined and will be discussed in the near future, according to Le Monde. He noted that "it is about a significant increase, which is relevant compared to what we have done so far." Accordin...

How and when to ask for a raise

Business coach and Edmonton AM workplace columnist Margot Ross Graham shares her tips for the most effective ways to talk to your manager about your salary.

TFSA 101: How Pensioners Can Earn $4,987.50 Per Year in Tax-Free Passive Income

Retirees can use this TFSA strategy to boost portfolio yield while reducing risk. The post TFSA 101: How Pensioners Can Earn $4,987.50 Per Year in Tax-Free Passive Income appeared first on The Motley Fool Canada.

Business Report: Taylor Swift breaks more records

Taylor Swift's new album continues to break records. Plus, a major automaker picks Ontario for electric vehicle production, and investors gear up for a big week on the markets. Business Editor Kris McCusker explains.

U.S House passes vote on $61B foreign aid package for Ukraine

After months of stalemates and dysfunction, the U.S House of Representatives votes in favor of sending $61B in foreign aid to Ukraine. Karling Donoghue with why some representatives are not pleased with the vote, and what this means for Ukraine.

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Top 6 US industries where you can earn the most money

Canada tax season: What to know about fiscal changes in 2024

Personal finance expert Rubina Ahmed-Haq as we navigate the changes in the tax landscape for 2024. From adjusted income tax brackets to increased tax-free savings account contributions, Rubina explains how the changes will impact your family's bottom line.

Study reveals how much Americans really spend on tipping each year

Liz Weston: How to reduce your ‘widow’s penalty’

After a spouse dies, the survivor often ends up paying higher taxes on less income — something known by accountants and financial planners as the “widow’s penalty,” because women typically outlive their husbands. Couples who know what’s coming often can take steps to soften the penalty’s effect, but too many don’t think far enough ahead, says Barba...