Personal Finance

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.

TD Bank CEO says anti-money laundering probe ongoing, addressing weakness

TORONTO (Reuters) -Canada's TD Bank was working on its anti-money laundering (AML) compliance program, CEO Bharat Masrani said on Thursday, acknowledging that it was not up to the mark and that the U.S. Justice Department's was still probing. "We are in discussions with our regulators. Regretfully, our AML program was not where it needed to be, and we are addressing it," Masrani told shareholders

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.

5 Spring 2024 Trends You Can Buy Secondhand

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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.

Denmark becomes first country to procure weapons for Ukraine's Forces from Ukrainian manufacturers

Recently, Denmark allocated a new aid package to Ukraine, and part of the funds will be spent on weapons for the Armed Forces of Ukraine, which Ukrainian companies will produce, according to the Minister for Strategic Industries, Oleksandr Kamyshin. It is noted that this involves $28.5 million. The department specified that this is the first and so...

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

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.

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.

Business Report: Is password crackdown working for Netflix?

Netflix reports earnings amid a crackdown on password sharing. Plus, Starbucks overhauls some of its cups and an American TikTok ban could be one step closer to reality. Business Editor Ari Rabinovitch explains.

Two seated jurors are struck from Trump hush money trial as court struggles to find impartial New Yorkers

Two seated jurors are struck from Trump hush money trial as court struggles to find impartial New Yorkers - One dismissed juror expressed concerns that news reports about her may have helped her friends and family identify her

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

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.

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.

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.

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.

'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)

3 Safe Dividend Stocks to Beat Inflation

Canadian stocks like Fortis Inc (TSX:FTS) offer relatively safe dividends. The post 3 Safe Dividend Stocks to Beat Inflation appeared first on The Motley Fool Canada.

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.

Tech industry warns budget's capital gains proposals could cause 'irreparable harm'

TORONTO — The federal budget is being met with disdain from Canada's innovation industry, including tech darling Shopify, which called the capital gains measures in the fiscal plan a potential cause of "irreparable harm." The sector is disappointed that the Liberal government's budget tabled Tuesday includes a proposed increase to the proportion of...

Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran

(Reuters) - Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles have hit a site in Iran. Iran's Fars news agency said explosions were heard at an airport in the Iranian city of Isfahan but the cause was not immediately known. Several flights were diverted over Iranian airspace, CNN reported. Israel had said it was going to retaliate against Iran after the

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.

Reaching Retirement? 3 Tips Before You Pull the Trigger

If you're planning to retire, there are a lot of items to check off your to-do list. These are just some of the ones you'll want to get out of the way first. The post Reaching Retirement? 3 Tips Before You Pull the Trigger 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

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.

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

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 ...

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.

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 ...

Premier Ford sounds off on gas prices

Drivers across the GTA now have to pay 14 cents more per litre at the pumps. That double-digit spike is prompting outrage from some drivers, and even the Premier of Ontario. Shauna Hunt explains.

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...

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 "...

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.

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.

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

Have these in your arsenal...

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

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.

The five decor mistakes that are making your home look cheap

Have you got any of these in your home?

Top 6 US industries where you can earn the most money

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...

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.

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

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...

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...

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.

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)

Top 10 airlines for the cheapest business class flights

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...

House leaders toil to advance Ukraine and Israel aid. But threats to oust speaker grow

WASHINGTON (AP) — House congressional leaders were toiling Thursday on a delicate, bipartisan push toward weekend votes to approve a $95 billion package of foreign aid for Ukraine, Israel and Taiwan, as well as several other national security policies at a critical moment at home and abroad. Republican House Speaker Mike Johnson this week set in mo...

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

Double check your passport before you book.