Intuitive Machines stock plummets after second sideways moon landing – Reuters + MORE Mar 7th

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What’s the best way to pay down debt? + MORE Sep 2nd

As a Certified Financial Planner (CFP), a common question I hear from Canadians is how to better understand their debt. Questions like: How did I get here? What is the best approach to paying my debt off? Many Canadians have debt of different amounts and for many different reasons. Common types .... More »

Brampton man facing fraud charge, 2 lawsuits as alleged real estate deposit scam collapses - CBC May 13th

Brampton man facing fraud charge, 2 lawsuits as alleged real estate deposit scam collapses  CBC.... More »

The best GIC rates in Canada for 2025 + MORE Jan 19th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate m.... More »

Questrade secures approval to launch Canada’s newest bank Nov 4th

Canadians should soon have a new banking option as Questrade Financial Group says it has secured regulatory approval to launch Questbank. The company, known for its online trading platform, said Monday it received the final go-ahead from the Office of the Superintendent of Financial Institutions. â€.... More »
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Stock news for investors: Canopy Growth to acquire MTL Cannabis in $125-million deal + MORE Dec 19th

Here’s a round-up of news for Canadian investors this week. Canopy Growth Blackberry Transat Featured RRSP Accounts featured EQ Bank Build your retirement savings with 1.50% in.... More »
Intuitive Machines stock plummets after second sideways moon landing  ReutersLying sideways on the moon, the Athena lander is declared dead  CNNUS startup’s moonshot apparently lands on its side – again  ReutersIntuitive Machines Stock Plunges Another 26% After Troublesome Lunar Landing  Barron’sIce-hunting Moon lander runs into trouble ― leaving scientists in suspense  Nature.com

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Financial uncertainty has been on Canadians’ minds and with good reason. We’ve dealt with stubborn inflation, rising interest rates and, more recently, talk of a possible tariff-induced recession. If a recession does occur, some Canadians are expected to lose their jobs, and hiring will slow down. So, it’s best to always be ready for these types of financial events.

Could tariffs cause a recession in Canada?

Let’s back up a bit to explain how we got here. United States president Donald Trump began hinting at placing tariffs on Canadian imports on the campaign trail. Canada took him seriously: after all, the president placed tariffs on Canadian aluminum and steel during his first term in office.

Sure enough, following Trump’s inauguration in January, the president threatened widespread 25% tariffs on Canadian goods. The original deadline keeps getting pushed back, and widespread tariffs may now only come into effect on April 2—pending further changes or delays…

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