Finance

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...

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.

9 rules to be a truly happy and successful woman

Many women aspire to discover how to become happy and successful. It turns out there are 9 rules that can be considered principles of a self-satisfied and fulfilled life, according to Hack Spirit. Successful and happy women respect themselves and know their worth. Strong and successful women will not settle for anything they don't like. There's no ...

Menopause costs the Canadian economy billions every year. Here’s why

Menopause, exacerbated by stigma, lack of workplace support and the burden of debilitating symptoms, carries a substantial cost for the Canadian economy, a new report says.

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.

Trump advisers are plotting to deliberately devalue the dollar if he’s re-elected, report says

Trump advisers are plotting to deliberately devalue the dollar if he’s re-elected, report says - Top advisers said to be ‘actively debating’ move in order to bolster US exports

Can Investors Make Enough to Retire on Dividend Income Alone?

Dividend income from investments could fund your retirement. However, it's far easier and safer to consider all types of passive income. The post Can Investors Make Enough to Retire on Dividend Income Alone? appeared first on The Motley Fool Canada.

Students benefit from filing a tax return even if they don't make a lot of money

Lower income doesn’t mean lower priority when it comes to filing a tax return. Students in particular might skip filing a return if they earned little to no income last year, or are swamped with assignments and exams — but that means missing out on a number of benefits. “For students, for example, filing their return, they can get access to several...

3 Lesser-Known Reasons to Claim CPP Benefits Early

While waiting until 70 certainly has many benefits, there are some Canadians who cannot afford to wait, or have reasons to take out CPP benefits now. The post 3 Lesser-Known Reasons to Claim CPP Benefits Early appeared first on The Motley Fool Canada.

Top 10 airlines for the cheapest business class flights

Winnipegger denied flight refund even though he bought cancellation insurance

Allianz Global Assistance says disaster at a pre-booked accommodation is not a covered reason under the policy.

Some of the winners and losers in the 2024 federal budget

OTTAWA — With a variety of fiscal and policy measures announced in the federal budget, here's a look at some of the winners and losers: Winner: Small businesses Carbon tax rebates for small businesses are coming, five years after consumers began receiving their share. The measure is "a big relief," says Dan Kelly of the Canadian Federation of Indep...

Borrell says buying Patriot for Ukraine is cheaper than rebuilding TPP destroyed by Russia

It is cheaper to buy American Patriot systems than to rebuild a power station destroyed by Russia, according to the EU foreign affairs chief Josep Borrell. Responding to whether France can do more for Ukraine than Germany, Borrell stated that everyone can do more to fulfill European commitments. "My role is not to point fingers at any particular co...

Stellantis shareholders approve CEO Tavares' 2023 pay package

By Giulio Piovaccari MILAN (Reuters) -Stellantis shareholders on Tuesday approved the compensation paid to the carmaker's top management, including a package worth up to 36.5 million euros ($38.8 million) for CEO Carlos Tavares. Total remuneration for Tavares rose 56% compared to the previous year. Although Stellantis is one of the most profitable companies in the industry, the CEO's

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 "...

Manifesting Money Wasn’t Working For Me, So I Successfully Turned To Loud Budgeting

Like many of my past relationships, my relationship with money is fraught, complicated, and a huge, bright red flag. And yet, I care about money so much. Still, as a millennial, having had to navigate a recession at every pivotal point of my adult life, money has never appeared to care about me. “It’s because you have a scarcity mindset,” a friend said to me over expensive wine I said I couldn’t afford. “The reason you’re bad with money is that...

Canada's inflation rate ticks up to 2.9%, but underlying cooling continues

OTTAWA (Reuters) - Canada's annual inflation rate ticked up to 2.9% in March, as expected, while core inflation measures continued easing for a third consecutive month, data showed on Tuesday. Analysts polled by Reuters had forecast inflation to accelerate to 2.9% from 2.8% in February. Month-over-month, the consumer price index rose 0.6%, the largest increase since July 2023, but less than a

5 simple steps to organize your kitchen cupboards and drawers

Cleaning expert Melissa Maker offers five simple tips for taking control and organizing your kitchen.

Is my passport still valid? New rules and prices around soon-to-be expired ID

Double check your passport before you book.

4 Ways to Grow $100,000 Into $1 Million in Retirement Savings

Anyone can build a million-dollar retirement portfolio. Here are four ways you could practically grow $100,000 to $1 million. The post 4 Ways to Grow $100,000 Into $1 Million in Retirement Savings appeared first on The Motley Fool Canada.

8 key takeaways about what Budget 2024 means for your wallet

From a boost to the disability benefit to measures tackling airline and concert fees, banking changes and making it easier to change phone plans, here’s what to know.

What to do if you wake up at night and can't get back to sleep, according to expert

Getting a decent night's sleep is important for our health, but a lot of us don't get the recommended eight hours. Three-quarters of Brits get less than eight hours of sleep, while one in six get by on less than six hours each night, according to YouGov. Meanwhile across the pond, over 17 per cent of adults had trouble staying asleep most days or e...

Gun supervisor for Alec Baldwin ‘Rust’ movie gets 18 months in prison

Movie armorer Hannah Gutierrez-Reed was sentenced to 18 months in prison in the fatal shooting of a cinematographer by Alec Baldwin on the set of the Western film “Rust,” at a sentencing hearing Monday in a New Mexico state court. (April 15)

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 the US bought a huge chunk of Russia for just $7.2million

America's shrewd move significantly weakened a rival.

Retirees: Set it and Forget it With 3 Long-Term Growth Gems

Are you a retiree or nearing retirement? Forget dividend stocks. Look for stocks that can deliver strong total returns for years ahead. The post Retirees: Set it and Forget it With 3 Long-Term Growth Gems appeared first on The Motley Fool Canada.

Margot Robbie's film company is making a movie about another family favourite toy

Margot Robbie’s film company is making a movie based on the family favourite board game, Monopoly. Robbie famously starred in the 2023 hit film Barbie, directed by Greta Gerwig, which became an international phenomenon and the highest-grossing film of the year, making $1.38bn (£1.1bn). On Wednesday (10 April) it was announced that the actor’s produ...

The five decor mistakes that are making your home look cheap

Have you got any of these in your home?

5 Spring 2024 Trends You Can Buy Secondhand

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Biggest mistakes that could tarnish, or even tank, your credit rating

Before reaching financial milestones such as a car, home, or savings account, a credit rating might be the only thing young people own. “Credit is a highly valuable asset,” says Ed Rempel, a fee-for-service financial planner, tax accountant and author of the blog Unconventional Wisdom. “In fact, it is your main asset until you can build up other in...

Canada's federal budget likely to up taxes to stick to fiscal goals

By Promit Mukherjee OTTAWA (Reuters) - Canadian Finance Minister Chrystia Freeland is likely to raise taxes and re-apportion money in her budget speech on Tuesday to fund billions of dollars of new schemes to maintain her fiscal guardrail, according to a source and analysis of government finances. A source aware of the contents of the budget speech told Reuters on Monday the Freeland budget

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...

Winnipeg business says garbage collector staged photo of overflowing bin, leading to extra charge

A Winnipeg man is accusing a waste collection company of deliberately messing with his bin and charging him for having overflowing garbage.

Key takeaways from day one of Trump’s hush money trial

Key takeaways from day one of Trump’s hush money trial - Donald Trump is now expected to be in court four days a week for the next six to eight weeks

8 Jewelry Trends To Complete Your Outfit In 2024

With a new season bringing with it a bounty of bold fashion trends — denim gowns and mesh footwear, to name a few — it’s easy to overlook what’s happening with all things jewelry. Necklaces and earrings might be the last thing you put on when piecing together an outfit, but they’re certainly not the least part of the whole ensemble, especially as far as 2024’s trending styles are concerned. The spring/summer runways teased a y2k-meets-bohemian...

Prenups are getting more popular among millennials. What to know before you sign

A prenuptial agreement is like an 'insurance policy' that can not only protect one’s assets but can make a separation process, should a marriage fail, a lot smoother, experts say.

Trump Media stock slides again to bring it more than 66% below its peak as euphoria fades

NEW YORK (AP) — The stock price for Donald Trump's social media company slid again Monday, pushing it more than 66% below its peak set late last month. Trump Media & Technology Group closed down 18.4% at $26.61 as more of the euphoria that surrounded the stock fades. It's a sharp comedown since nearing $80 after the owner of Truth Socialmerged with a shell company to get its stock trading on the Nasdaq under the symbol “DJT,” for Trump's...

Property expert reveals the 5 crucial questions you need to ask when buying a house

Have these in your arsenal...

Mike Johnson presented 4 plans for US aid to Ukraine, Israel, and Taiwan

Speaker of the House Mike Johnson has introduced four separate bills regarding US funding for aid to Ukraine, Israel, and Taiwan, as well as other national security priorities, reports The Hill. It is noted that Johnson unveiled his plan for foreign aid delivery through the House of Representatives during a closed-door conference of the Republican ...

Her landlord sold her apartment. Her new unit is the same size — and $700 more a month

CBC News asked renters in Toronto's Liberty Village what they think of renting in Canada's biggest city.

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

Here are some changes to expect when filing your 2023 taxes

Feb. 19 is the first day you can file your taxes online and there are some key changes that will affect the tax filings of many people in Canada.

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.

As a first-time homebuyer, how much money do you really need for closing costs?

Buying a home comes down to more than just the downpayment and the mortgage costs. Here's what to know about closing fees and and rebates available to first-time homebuyers.

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.

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.

Rise & fall of the bargain-priced roadster

Going topless used to be cheap and often cheerful. We trace the history of the boom and the bust

Here's a list of March inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 2.9 per cent in March, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets): — St. John's, N.L.: 3.8 per cent (2.5) — Charlottetown-Summerside: 2.5 per...

7 of the most expensive houses in the world – with two in the UK

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.