In a significant policy reversal, the Canadian government has announced a delay in its planned capital-gains tax hike, pushing implementation to 2026 instead of June 2024 as originally scheduled. This decision follows mounting pressure from business groups, investors, and opposition parties, as well as concerns about the potential economic fallout from looming U.S. tariffs. Finance Continue reading
Sophie Wilson
Sophie Wilson is a finance professional with a strong academic background, having studied at the University of Toronto. Her expertise in finance is complemented by a solid foundation in analytical and strategic thinking, making her a valuable asset in the financial sector.
Ontario’s Housing Crisis Deepens as New Construction Plummets by 16% Amid Rising Costs, Red Tape, and Sluggish Sales
Despite expert projections of a potential rebound in Toronto’s real estate market, new data reveals that Ontario’s housing supply is shrinking, developers are hitting financial roadblocks, and buyers remain hesitant due to high costs and economic uncertainty. While new home construction rose across most of Canada in 2024, Ontario saw a 16% decline in housing Continue reading
$60,000 Worth of Butter Stolen in Peel Region as Theft of Dairy Products Skyrockets
In a bizarre series of thefts that has shocked Peel Region, police have charged six individuals in connection with the theft of nearly $60,000 worth of butter and ghee from local grocery stores. This alarming rise in dairy product theft has led authorities to take swift action, launching a dedicated investigation to curb what appears Continue reading
USD/CAD Set for Further Surge Amid BOC Rate Cut and US Trade Tensions
The Bank of Canada (BOC) made headlines yesterday by reducing its policy rate by 25 basis points, bringing it to 3.00%. This move was in line with widespread market expectations, though there were additional tweaks to the BOC’s monetary policy framework that have drawn attention. These changes are largely technical, but they signal important shifts Continue reading
How Trump’s New Tariffs on Canada and Mexico Could Raise Prices for American Consumers
American consumers could soon see higher prices on everyday goods—from automobiles to avocados—if the Trump administration follows through with its plan to impose steep new tariffs on imports from Mexico and Canada starting February 1. White House spokeswoman Karoline Leavitt announced that President Trump will implement a 25% tariff on imports from Mexico and Canada, Continue reading
Government Expands $144 Million Energy Bill Relief Program to More Suburbs – How Household Electrification Could Save You Thousands
More Australian households could soon benefit from millions in government subsidies aimed at reducing energy bills and promoting a clean energy transition. As part of an expansion of its $144 million electrification initiative, the government has announced plans to extend community electrification projects across multiple states, potentially saving homeowners thousands of dollars annually. This initiative Continue reading
Nissan Introduces Australia’s Longest 10-Year, 300,000km New-Car Warranty – But There’s a Catch for Owners
Nissan Australia has made a game-changing announcement for car buyers, unveiling the country’s longest new-car warranty—a 10-year, 300,000km warranty that surpasses all other major automakers in Australia. However, while the extended coverage is a significant perk, it comes with strict conditions that owners must meet to maintain eligibility. The new warranty applies to all Nissan Continue reading
Potential Interest Rate Cuts in February Could Save Australian Homeowners Thousands Annually – What It Means for Your Mortgage and the Economy
Australian homeowners could soon see much-needed financial relief, with growing speculation that the Reserve Bank of Australia (RBA) may cut interest rates for the first time since 2020. With inflation easing and major banks in agreement, a rate cut as early as February 18 could put extra cash back into borrowers’ pockets, reducing monthly mortgage Continue reading
Canadian Can Claim $100k in $32.5 Billion Tobacco Settlement: What It Means for Victims and Public Health
After decades of legal battles, a proposed $32.5 billion settlement involving three of Canada’s largest tobacco companies could soon provide compensation to smoking victims and their families. The landmark agreement—currently under review by the Ontario Superior Court—marks a major step in holding tobacco manufacturers accountable for decades of harm. The Legal Battle: Decades in the Continue reading
Costco’s Return Policy: Can Canadians Return Used Items Like in the Viral U.S. Video?
A recent viral video has sparked debate over Costco’s famously lenient return policy after a U.S. shopper successfully returned a used set of pans after more than a year. This has left many Canadians wondering—does Costco Canada allow the same thing? Here’s everything you need to know about Costco’s return policy in Canada versus the Continue reading