Finance

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.

New report criticizes B.C. government funding for medications

A new report calls out the B.C. government for falling behind other provinces when it comes to covering several medications, including for rare conditions. Kylie Stanton has the details and the story of a grandmother who pays out of pocket for her granddaughter's meds.

The Apprentice 2024 champion says it's not 'greedy' to hike up prices after winning

The winner has been crowned.

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

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.

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.

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.

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, ...

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.

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.

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.

Tax season: How to spot a scam & tips to keep money safe

As the tax deadline approaches, so do the scams. Tech expert Carmi Levy joins us to expose the tricks fraudsters use to steal personal information and money during tax season. From phishing emails with malicious links to phone scams demanding urgent payments, Carmi shares valuable tips on how to spot and avoid these scams.

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...

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.

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.

Top 10 airlines for the cheapest business class flights

Netflix handily beats subscriber targets, misses on revenue forecast

By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix blew past Wall Street expectations on new customers for the second straight quarter on Thursday but signaled the positive surprises could be over, forecasting revenue growth slightly below analyst targets. Shares of the streaming video pioneer were down 4.2% at $585.41 in after-hours trading. The company said its ad-supported

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

Ontario police say 14 charged after 126 people lose money in 'grandparent scam'

TORONTO — Fourteen alleged members of an organized gang are facing dozens of charges after 126 people from across Canada lost nearly $1 million in total in a so-called "grandparent scam," Ontario Provincial Police announced Thursday, saying the fraud caused more than just financial distress. OPP Deputy Commissioner Marty Kearns said several scam vi...

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)

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.

Avoiding shrinkflation is difficult, but these shoppers have a few tips

MONTREAL — Stefani Balinsky not only brings her list when she goes grocery shopping, she also brings a calculator. Oftentimes Balinsky, a mother of a teenager and a 20-year-old, finds herself standing in the aisles and calculating if she's getting the best deal for every dollar spent. It's her way of fighting back against shrinkflation. She recalle...

'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)

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

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.

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.

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.

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

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

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...

Top 6 US industries where you can earn the most money

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 ...

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.

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.

US aid to Ukraine: President will have right to write off loan provided to Ukraine

The President of the United States will have the right to write off the funds intended for Ukraine as financial assistance, according to the respective bill. According to the initiative of the Speaker of the United States House of Representatives Mike Johnson, it is proposed to allocate $7.8 billion in direct financial assistance to Ukraine in the ...

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...

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 cottagers need to know about housing affordability measures in the new federal budget

The federal government has announced new housing affordability measures to help first-time buyers purchase their first home. The measures were announced by Finance Minister Chrystia Freeland last week in Toronto, … Continued

Lake Como is adopting a ‘tourist fee’ like Venice – but is it justified?

It's the latest European spot to charge tourists to visit.

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...

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

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.

Pre-budget tradition: Freeland signals budget direction with new shoes

On Monday, Canadian Deputy Prime Minister Chrystia Freeland took part in a pre-budget tradition in which the Finance Minister buys a new pair of shoes to signal the direction the government plans to take in the coming year. This year, Freeland opted for a pair of black heels ahead of the release of the federal budget on Tuesday.

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

Double check your passport before you book.

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.

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

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.

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...

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.

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.