NEWS

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.

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.

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...

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)

US aid to Ukraine: Date of vote in Congress is set, what it means

The House of Representatives in the USA could approve funding for assistance to Ukraine as part of Speaker Mike Johnson's initiative as early as this week. However, this is not the only issue that congressmen will be considering. RBC-Ukraine explains when and what the House of Representatives will be voting on. The material was prepared using state...

Got $5,000? These are 2 of the Best Growth Stocks to Buy Right Now

These two growth stocks could outperform over the next three years. The post Got $5,000? These are 2 of the Best Growth Stocks to Buy Right Now appeared first on The Motley Fool Canada.

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.

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 6 US industries where you can earn the most money

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.

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.

Elon Musk hints new users will be charged for posting on X

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

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

Could big rent hikes be in store for tenants next year?

A spokesperson for New Brunswick landlords says they’re bracing for a gap in protections limiting one-time increases to their property taxes — and they will have no choice but to pass on those extra costs to renters.

Youth unemployment rising in Canada

Stats Canada says youth unemployment in Canada is at 12.6% - higher than in any non-pandemic year since the Great Recession.

Spring Home Essentials: Elevating everyday basics

Style expert Samantha Pynn offers creative tips to refresh everyday essentials -with a twist. From luxurious sheets to vibrant towels, colorful dishes, stylish storage baskets, and cozy pillows and throws, she proves that basics don't have to be boring. Get ready to elevate your living spaces with simple yet stylish updates!

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...

A Week In California On A $190,000 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 software engineer who makes $190,000 per year and spends some of her money this week on an Apple Watch leather strap. Occupation: Software engineerIndustry: ITAge: 24Location: CaliforniaSalary: $190,000Assets: HYSA:...

Restaurants feeling financial pinch as industry sees drop in employment

A Vancouver restaurant is feeling the financial pinch as the industry shed over 26,000 jobs in March. Grace Ke reports.

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...

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.

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

Top 10 airlines for the cheapest business class flights

How Much Do You Need to Earn to Live in a Major U.S. City?

Living in a major metropolitan area doesn’t come cheap. To survive comfortably you’ll need to earn at least six figures, according to a new study. If you’re single, you’ll need to earn at least $96,500 a year before taxes, and two parents supporting two children will need at least $235,000, Knewz.com has learned. The above salaries are required to ...

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

(Corrects grammar in paragraph 6.) HONG KONG (Reuters) -Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and sluggish markets in China and Hong Kong weighing on business prospects. Morgan Stanley is cutting at least 50 investment banking jobs in the region starting this

25 Wardrobe Must-Haves, According To Shopbop’s Fashion Director

.disclaimerwidth:90%;margin-bottom:1rem.disclaimer__lineswidth:100%;margin:0 auto;border-bottom:1px solid #999;padding:0;max-width:150px.disclaimer__copywidth:100%;max-width:355px;font-family:Brown Regular,sans-serif;font-size:.9rem;font-weight:300;line-height:1.3em;color:#333;padding:0 0 .4rem;margin:1rem auto;text-align:center All linked products are independently selected by our editors. If you purchase any of these products, we may earn a...

James' Tim Booth: 'We're not a 90s band - we're a 2024 one'

They are more successful now than ever.

Oil falls over $1 as demand worries outweigh Middle East supply risks

By Laura Sanicola (Reuters) -Oil prices slipped more than $1 on Wednesday as U.S. commercial inventories rose, while weaker economic data from China and dimmed prospects of interest rate cuts stoked worries about global demand. Brent futures for June were down $1.01, or 1.32, to $89.01 a barrel at 11:19 a.m. EST (1619 GMT), while U.S. crude futures for May were down 88 cents, or 1%, at $84.48 a

Lebanon says Israeli agents likely killed Hezbollah-linked currency exchanger near Beirut

BEIT MERI, Lebanon (AP) — Lebanon’s interior minister alleged Wednesday that the mysterious abduction and killing of a Hezbollah-linked Lebanese currency exchanger in a villa on the edge of a quiet mountain resort town earlier this month was likely the work of Israeli operatives. The killing of Mohammad Srour, 57, who was sanctioned by the U.S., wa...

How to Build a Passive Income Portfolio Starting With Just $6,500

Looking to build a passive income portfolio? There's no shortage of great options on the market, including these three stellar picks. The post How to Build a Passive Income Portfolio Starting With Just $6,500 appeared first on The Motley Fool Canada.

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

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

Double check your passport before you book.

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.

Big gas price spike coming

As stockpiles of winter gas are depleted, expect to feel some pain at the pump with a large double-digit spike expected overnight. David Zura explains.

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.

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.

Jury selection in Trump hush money trial faces pivotal stretch as former president returns to court

WASHINGTON (AP) — Jury selection in the hush money trial of Donald Trump enters a pivotal and potentially final stretch Thursday as lawyers look to round out the panel of New Yorkers that will decide the first-ever criminal case against a former president. Seven jurors have been picked so far, including an oncology nurse, a software engineer, an information technology professional, a sales professional, an English teacher and two lawyers. Eleven...

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.

Capital gains are going to be taxed more, and these economists say it's a good thing

OTTAWA — Canada's wealthiest individuals and corporations will soon pay taxes on a larger share of the capital gains they earn, a change that economists say will make the tax system more efficient, despite pushback from business groups. The federal budget presented Tuesday proposes taxing two-thirds rather than one-half of capital gains — which ref...

How to protect yourself from fraud

Technology has made a significant impact on how prolific and sophisticated scam attempts have become. Erica Natividad speaks to an expert on how to avoid becoming a victim.

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.

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.

Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by Delaware judge

DETROIT (AP) — Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company's corporate home to Texas. The changes, to be voted on by stockholders at a June 13 annual meeting, could be a tougher sell than when it was first approved in 2018. The Austin, ...

CPP Enhancement: How to Make the Most of the Increased Retirement Income

Analyzing CPP enhancement through the lens of the rising cost of living can give you a more realistic idea of its impact on your lifestyle as a retiree. The post CPP Enhancement: How to Make the Most of the Increased Retirement Income appeared first on The Motley Fool Canada.

Explainer-What open banking means for Canada's saturated banking market

By Nivedita Balu TORONTO (Reuters) - Canada, a laggard in open banking concept, announced new measures that could allow consumers' financial data to be shared, a move that could encourage innovation, competition and make it simpler to switch bank accounts in an already saturated market. The federal government, which had promised to address open banking last fall, said in its budget on Tuesday

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.

Why Jude Bellingham joined Real Madrid ‘project’ — and what comes next

Why Jude Bellingham joined Real Madrid ‘project’ — and what comes next - Madrid’s newest Galactico turned down the chance to join the Premier League champions — and now faces the biggest test of his young club career after thriving in Spain

Giuliani’s bankruptcy could cost him his apartment, his jewellery and, perhaps worse, his Joe DiMaggio shirt

Giuliani’s bankruptcy could cost him his apartment, his jewellery and, perhaps worse, his Joe DiMaggio shirt - From multimillion-dollar properties to luxury watches (and a replica signed Joe DiMaggio shirt), the former New York mayor and Trump attorney may have to part with some cherished items to pay his creditors, writes Kelly Rissman