Money

Capital gains tax changes spark concern from some middle-class Canadians

Big changes coming to the country's capital gains tax are aimed at the wealthiest Canadians -- part of Ottawa's efforts to generate revenue to help pay for billions in new spending. But some middle-class Canadians who own small businesses or are selling a second property, might have to pay more too. Eric Sorensen looks at the changes, and who's being affected.

Business Matters: Federal budget 2024 brings changes to banking fees

The Liberals' 2024 federal budget includes several measures affecting the banking sector, such as cracking down on junk fees and working toward a framework for open banking. Kyle Benning has the details in Business Matters for Tuesday, April 17, 2024.

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.

Invest $500 Each Month to Create a Passive Income of $266 in 2024

Regular monthly investments of $500 in the iShares Core MSCI Canadian Quality Dividend Index ETF (TSX:XDIV), starting right now in 2024, could create annual passive income streams of $266 or more. The post Invest $500 Each Month to Create a Passive Income of $266 in 2024 appeared first on The Motley Fool Canada.

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

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.

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.

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...

UK’s happiest work industries revealed – see if your job is on the list

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.

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...

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

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...

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

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

A teacher, a software engineer and a banker: These are the New Yorkers who hold Trump’s fate in their hands

A teacher, a software engineer and a banker: These are the New Yorkers who hold Trump’s fate in their hands - Five women and seven men have been tasked with hearing the first-ever criminal case against a US president

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

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.

Live Nation could face lawsuit from U.S. Justice Department

The U.S. Justice Department will reportedly file an anti-trust lawsuit against entertainment giant, Live Nation. Erica Natividad with the details and how the outcome could impact Canada.

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

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...

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

Have these in your arsenal...

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...

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.

US sanctions Lehava leader, fundraisers for violent settlers

The sanctions come the same day that similar measures were taken by the European Union Council, which sanctioned four individuals and two entities including Lehava.

What's behind the jump in gas prices?

In 24 hours, prices rose an average of 15 cents per litre in Quebec and Ontario — that's the highest increase in nearly two years.

A Week In Los Angeles, CA On A $162,000 Joint Salary

Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar. This week: a project analyst who makes $70,000 per year and spends some of her money this week on repairing a leaking pipe. Occupation: Project analystIndustry: TelecommunicationsAge: 29Location: Los Angeles, CASalary: $70,000. My...

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

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.

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.

Crypto fans count down to bitcoin's 'halving'

By Elizabeth Howcroft LONDON (Reuters) - Bitcoin enthusiasts were eagerly waiting for bitcoin's 'halving' on Friday - a change to the cryptocurrency's underlying technology designed to cut the rate at which new bitcoins are created. The halving, which happens roughly every four years, was written into Bitcoin's code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the

Bitcoin slides below $60,000 on reports Israel strikes Iran

(Reuters) - Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following reports of an Israeli missile strike on Iran. Bitcoin slid more than 5.5% to $59,961 in the Asia session as the U.S. dollar rose broadly. Ether fell by a similar margin, dropping below the $3,000 barrier to $2,895. Israeli missiles hit a site in Iran, ABC News reported,

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.

'I'm well on the road to recovery': Jon Bon Jovi on his voice after throat surgery and 'joyous' new album

Rockers Jon Bon Jovi, Tico Torres and David Bryan hit the red carpet in London for the premiere of their new documentary, “Thank You, Goodnight: The Bon Jovi Story,” which chronicles the band’s 40-year career and uncertain future: the frontman suffered an atrophied vocal cord and had an operation two years ago. (April 17)

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 ...

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 "...

These autistic kids denied up to $800 a month because of IQ requirements

While Nova Scotia's Direct Family Support for Children program is meant to provide financial aid to families of kids with disabilities, many kids with autism are being denied the funding because they don't meet the province's definition of an intellectual disability. Celina Aalders reports.

The five decor mistakes that are making your home look cheap

Have you got any of these in your home?

US House Democrats back Johnson's foreign aid bills

The Democratic Party in the U.S. House of Representatives said they would support Speaker Mike Johnson's series of bills that includes aid for Ukraine, Israel, and other priorities in the upcoming vote, Bloomberg reported on April 18. U.S. assistance for Ukraine has been effectively blocked for months, leading to a rapidly deteriorating situation o...

Top 6 US industries where you can earn the most money

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.

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 ...

Who's behind Ontario's above guideline rent increases

A CBC data analysis looks into which corporate landlords applied most often to raise rents above provincial rent control guidelines in 2022.

Top 10 airlines for the cheapest business class flights

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.

Ryan Smith says Salt Lake City team already sold 11,000 season tickets

After the NHL officially announced the relocation of the Arizona Coyotes to Salt Lake City on Thursday afternoon, new owner Ryan Smith claimed that business is already booming.

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 ...

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...

Patients are paying for surgeries covered by the province

Health-care advocates say patients are unnecessarily paying thousands to private medical clinics for procedures covered by the province, such as cataract surgery. They say many patients are falling for doctors engaging in 'predatory upselling' of services.