Personal Finance

How to Earn Big TFSA Income to Set Yourself Up for Retirement

With the right moves, a TFSA can bring in incredible income for retirement -- or even in just the next three years! The post How to Earn Big TFSA Income to Set Yourself Up for Retirement appeared first on The Motley Fool Canada.

How a group of strangers found homes together in one of Canada's priciest municipalities

Splitting mortgages via co-ownership is one way some British Columbians are achieving dreams of home ownership as real estate prices reach record highs.

Practical tips for renewing your mortgage in 2024

Personal finance adviser Rubina Ahmed-Haq shares some tips about how to handle renewing a mortgage at a higher rate.

Claiming home office expenses on your tax return

If you work from home or follow a hybrid model, there are some changes in how to claim home office expenses when filing your tax return that you should know about. Dilshad Burman explains.

Do Ottawa's proposed capital gains tax changes affect inherited properties?

Tax experts and lawyers explain to CBC how capital gains works on property transfers, including what happens with inheritances and how the value of those properties is determined.

How to Decrease Your Taxable Income and Still Make Money (and it’s Legal!)

There are legal ways to bring down your taxable income and put that extra cash towards your future. Plus, create passive income for life! The post How to Decrease Your Taxable Income and Still Make Money (and it’s Legal!) appeared first on The Motley Fool Canada.

Simple ways to do car maintenance like a boss - and save a ton of money

The definitive list on how to keep your prize possession maintained and ready to go...

6 simple habits to help you feel happier every day

2024 is just beginning, meaning you still have time to make important decisions about what you want to achieve in the new year. It's common for us to set certain goals to become the best version of ourselves. The desire to improve is natural, but turning it into a source of pressure and stress is unnecessary. RBC-Ukraine shares six small habits tha...

How the 1949 Ford saved the company

As Ford gears up for a huge launch of its all-electric F-150 Lightning, we turn the clock back over 70 years to a car that saved the company

Shmyhal: Both major US parties support aid package for Ukraine

Prime Minister Denys Shmyhal said at the close of a visit to the United States that he received "assurances of support" for the proposed military aid package to Ukraine from both Democrats and Republicans in Congress. Shmyhal visited Washington on April 17 to hold talks with U.S. business leaders and government officials regarding ongoing U.S. aid ...

Is Telus a Buy?

Telus Inc (TSX:T) has a high dividend yield, but is it worth it on the whole? The post Is Telus a Buy? appeared first on The Motley Fool Canada.

Tax filing is open: Here are the changes to know about in 2024

There are changes you need to know about as the 2023 tax season opens. Breanna Karstens-Smith looks at how you can save money or where you might lose money.

5 expert tips to declutter your closet (plus hanging hacks!)

Are you dealing with closet chaos? Cleaning expert Melissa Maker helps us figure out how to declutter our closets and keep them that way with these five simple tips.

Top 6 US industries where you can earn the most money

6 thoughts and actions that only amplify anxiety and worry

Not to worry and be nervous is absolutely normal, albeit very unpleasant. But sometimes anxiety and concern can be so toxic that it hinders one's ability to carry on with daily activities. Our habits and thoughts can exacerbate the situation. Huffpost shares habits that intensify our anxiety and worry. Black-and-white thinking It is also known as "...

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...

Stocks rattled, Treasuries rally after Israel attacks Iran

By Huw Jones LONDON (Reuters) -Global shares eased, oil prices surged and U.S. bond yields fell on Friday after reports that Israel attacked Iran, in the latest reminder of how the Middle East tinderbox is casting a growing shadow over markets. Israel's attack on Iranian soil was the latest tit-for-tat exchange between the two arch foes, sending safe haven currencies such as the yen and Swiss

Business Report: New Swift album already setting records

Taylor Swift's new album is already setting streaming records. Plus, Tesla recalls the Cybertruck and a halving event is coming for Bitcoin miners. Business Editor Ari Rabinovitch explains.

Disability expert resigns from federal advisory group over benefit program

OTTAWA — One of Canada's leading disability scholars is quitting a federal advisory board, saying the government failed to properly fund the disability benefit. Michael Prince, a professor of social policy at the University of Victoria, says he's deeply disappointed with the Canada Disability Benefit. He's resigning from Disabilities Minister Kamal...

Our top 5 Amazon deals of the week

Looking to shop great deals? Here are our favourite deal items up for grabs this week on Amazon. Save big on Shapermint, Lefant and more coveted brand items.

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

The top 10 most stressed states in the US aren’t the ones you’d think

Oil surges as reports of Israeli strike on Iran roil markets

(Reuters) -Oil prices jumped on Friday as reports that Israel had attacked Iran roiled markets and sparked concerns that Middle East oil supply could be disrupted. The benchmark contracts surged more than $3 before easing slightly. At 0615 GMT, Brent futures were up $1.40, or 1.61%, at $88.51 a barrel. The most active U.S. West Texas Intermediate contract climbed $1.38, or 1.68%, to $83.48 per

Tax tips for college students and their parents

NEW YORK (AP) — There are lots of things college students and their parents should keep in mind before filing their taxes, and while tax pros say it’s great for college students to start filing their own forms, parents and students should double check everything carefully before anyone pushes the “submit” button. Be clear on who is a dependent For ...

Indigenous grandmother, living with 14 people, hopes for federal housing support | Canada Tonight

Debbie Harper is a grandmother from St. Theresa Point First Nation in Manitoba. Her home is in desperate need of repairs — and support. Living in a crowded home with 14 people, she says this year's federal budget might offer a glimmer of hope.

Carbon rebate labelling on bank deposits is fuelling confusion

Canada’s Environment Minister Steven Guilbeault says banks that refuse to identify the carbon rebate by name when doing direct deposits are creating confusion, and he’s willing to change the law to force them comply. Anne Gaviola has more in Business Matters for Friday, April 19.

The five decor mistakes that are making your home look cheap

Have you got any of these in your home?

What does 'generational fairness' actually look like? Here's what BC Today callers say

As Finance Minister Chrystia Freeland presents a budget with the promise of "generational fairness," BC Today callers tell host Michelle Eliot whether they feel the federal government is meeting that goal.

For-profit clinics charging patients thousands in fees: report

More than a hundred patients are speaking out through a new report released by the Ontario Health Coalition about user fees being charges in private clinics. Most of the patients are seniors on fixed incomes and the fees have caused them significant financial strain. Caryn Lieberman reports.

Federal budget gets mixed reaction in Alberta

The federal government has tabled its budget and as Adam MacVicar reports, reaction is mixed by both provincial and municipal leaders.

TSX futures fall as Middle East conflict heats up

(Reuters) - Futures for Canada's main stock index tumbled on Friday as investors looked to minimize risk following reports of an escalation in the Middle East conflict, while rising commodity prices contained the decline. June futures on the S&P/TSX index were down 0.2% at 6:52 a.m. ET (10:52 GMT). Global stocks eased after reports of Israel's attack on Iranian soil in the latest exchange of

Olympic sports bodies criticize track and field's move to pay $50,000 for Paris gold medalists

GENEVA (AP) — Olympic sports bodies criticized World Athletics on Friday for promising to pay $50,000 for each track and field gold medal won at the Paris Olympics. Last week's move by the track body and its president Sebastian Coe broke with tradition because the International Olympic Committee does not pay prize money, though many state governmen...

Toronto home prices expected to surpass Vancouver in 2024

GTA housing prices are expected to increase more than any other jurisdiction this year. As CBC’s Chris Glover reports, Royal LePage’s projection of a 10 per cent increase in GTA home prices by the end of 2024 means Toronto prices will surpass Vancouver.

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.

Germany wants to buy four additional Patriot systems - Bloomberg

Germany is considering the possibility of buying four additional Patriot air defense systems worth 1.2 billion euros, as reported by Bloomberg. "The plans are at an early stage and officials are still assessing how to finance the expanded order, which could lift the overall price tag to about €2.6 billion," writes the agency. At the same time, a re...

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.

Top 10 airlines for the cheapest business class flights

Explainer-Bitcoin's 'halving': what is it and does it matter?

LONDON (Reuters) - Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high of $73,803.25 in March. But what exactly is the halving, and does it really

Key figures in the historic criminal trial of ex-President Trump

Donald Trump returned Tuesday to a New York courtroom as the jury selection process in his historic hush money trial continued. The former president and presumptive GOP nominee began the day by railing against the trial and complaining about a gag order that bars him from from publicly commenting on jurors, potential witness and others related to his criminal cases.

You can buy a European house for just €1 – here’s how the scheme works

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.

The price of gas is up. Here's why it could remain that way for some time

Many people are expressing surprise after a jump in gas prices. CBC's Tyler Cheese has more on what’s driving the increase and why one industry analyst believes they'll remain high for months.

UBC study on break-even point for owning EVs

If you're wondering whether the gas savings are worth the extra money you'd spend on an EV, a new UBC study has some answers for you. Rumina Daya reports.

Virginia law allows the state’s colleges and universities to directly pay athletes through NIL deals

RICHMOND, Va. (AP) — Virginia Gov. Glenn Youngkin signed measure into law Thursday that allows state colleges and universities to directly pay their athletes through name, image and likeness compensation deals, a measure believed to be the first of its kind. The law, which takes effect July 1, was signed one day after the NCAA eased some of its NIL...

14 signs of true friendship: Check strength of your bonds

Friendship plays a great role in people's lives. They often say, "Friends are the family we choose consciously." It is possible, though, to detect whether your connection is true friendship, writes Pleso. How to assess your level of friendship In reality, you can easily understand how strong and honest your friendship is, perhaps one you've been bu...

Ukraine, Israel aid advances in rare House vote as Democrats help Republicans push it forward

WASHINGTON (AP) — With rare bipartisan momentum, the House pushed ahead Friday on a foreign aid package of $95 billion for Ukraine, Israel, Taiwan and humanitarian support as a robust coalition of lawmakers helped it clear a procedural hurdle to reach final votes this weekend. Friday’s vote produced a seldom-seen outcome in the typically hyper-part...

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

CPP Pension: How to Increase Your Income by 50%

The CPP reforms mean retirement income can jump 50% when the plan reaches maturity, but there is an alternative. The post CPP Pension: How to Increase Your Income by 50% appeared first on The Motley Fool Canada.

Business Matters: Canada’s inflation rate ticked up in March amid higher gas prices

Canada’s annual inflation rate rose slightly to 2.9 per cent last month, driven largely by higher gas prices. In Business Matters for Tuesday, April 16, Anne Gaviola has more on why the cost of living accelerated in Statistics Canada’s latest inflation snapshot.

Media: Pentagon ready to quickly send Ukraine arms if Congress approves aid bill

The Pentagon is prepared to quickly send Ukraine military equipment if Congress approves the aid bill that is scheduled for a vote this weekend, Politico reported on April 19, citing sources. After months of delays, House Speaker Mike Johnson said on April 17 that he would move forward with votes in Congress on a series of foreign aid bills for Isr...