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Best bank accounts for side hustles in Canada 2026 + MORE May 20th
More and more Canadians are learning how to hustle, with an estimated 28% of Canadians taking on short-term or freelance work, according to an H&R Block study. Gig work can be great for supplementing your income or paying for unexpected expenses, but you may want to keep that income separate fro.... More »
Silicon Valley Bank's Toronto branch assets seized - CP24 Mar 13th
Silicon Valley Bank's Toronto branch assets seized CP24Canada's top banking regulator takes temporary control of Silicon Valley Bank's Canadian branch CBC NewsOSFI takes control of Silicon Valley Bank's Canadian unit The Globe and MailSVB collapse puts Fed's faith in.... More »
Why Young People Trust TikTok for Financial Advice + MORE May 30th
When Courtney Croucher, 23, first stumbled upon “FinTok,” i.e. financial TikTok, she owed $40,000 in student loans and had no idea what her future held. It was May 2020 and she was living at her parents’ house in Cambridge, Ont., after graduating from media studies at Western Universit.... More »
What to do if you went over your RRSP contribution limit Jun 19th
Ask MoneySense
I overcontributed to my RRSP by accident, and I am looking for some advice on how to deal with it. I contributed $3,550 to my 2022 RRSP in October 2022. I then forgot I made this contribution and again in February 2023 I made a $3,550 contribution.
What options to I have to address.... More »
Making sense of the markets this week: July 26 Jul 24th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Earnings to drive Tesla stock into orbit?
Tesla has disrupted the entire automotive industry. The global leader in electric vehicles now has greater stock market value than Fo.... More »
Oil prices soar after 11 non OPEC countries agree to cut back output
– canadianbusiness.com
TORONTO — Oil prices have soared following a weekend agreement to cut back production by 11 non-OPEC countries.
January crude oil contracts were at US$53.63 per barrel as North American stock markets opened up $2.13 from late Friday. Earlier, they traded as high as US$54.51 a barrel a level that hasn’t been seen since the middle of last year.
The Canadian dollar was at 76.14 cents US, up 0.27 of a U.S. cent from Friday. The loonie hasn’t closed above 76 cents US since mid-October, according to Bank of Canada records.
The S&P/TSX composite index was up 59.80 points at 15,372.00 shortly after North American markets opened.
In New York, the Dow industrial average was up 36.06 points at 19,792.91 and the S&P 500 was up 0.10 point at 2,259.63. The Nasdaq composite index was down 22.28 points at 5,422.22.
January natural gas contracts were down 21 cents at US$3.54 per mmBtu. February gold contracts were up $1.10 at US$1,163.00 and March copper contracts were down one cent at US$2…
January crude oil contracts were at US$53.63 per barrel as North American stock markets opened up $2.13 from late Friday. Earlier, they traded as high as US$54.51 a barrel a level that hasn’t been seen since the middle of last year.
The Canadian dollar was at 76.14 cents US, up 0.27 of a U.S. cent from Friday. The loonie hasn’t closed above 76 cents US since mid-October, according to Bank of Canada records.
The S&P/TSX composite index was up 59.80 points at 15,372.00 shortly after North American markets opened.
In New York, the Dow industrial average was up 36.06 points at 19,792.91 and the S&P 500 was up 0.10 point at 2,259.63. The Nasdaq composite index was down 22.28 points at 5,422.22.
January natural gas contracts were down 21 cents at US$3.54 per mmBtu. February gold contracts were up $1.10 at US$1,163.00 and March copper contracts were down one cent at US$2…
Outdoor home improvement ideas for any budget
– moneysense.ca

A home’s curb appeal can make or break a possible sale, but not all landscape and outdoor projects are worth investing in. “Steer clear of renovation projects that appeal to a small number of buyers, as this could substantially lower the resale value of your home,” says Pervan. For instance, an in-ground swimming pool might be an attractive feature for some, but many home buyers see it as a hassle, at best, or even a possible money-pit. Instead, focus on updating the exterior rather than adding expensive features.
The projects you choose can also vary dramatically when it comes to a return on your investment. For instance, adding a deck can provide a 75% return, while a patio offers only a 30% to 60% return.
Roof
The roof is arguably the most important component of your home. So spending $11,000 to re-shingle a 1,600-square foot roof every two or three decades is acceptable. Which is why Kevin Barwin was very unhappy when he had to replace his Ottawa home’s roof after just 12 years…
Trump sends Lockheed Martin stock tumbling with tweet about cutting 'billions' in F-35 costs
– cbc.ca
Shares of Lockheed Martin fell as president-elect Donald Trump tweeted that making F-35 fighter planes is too costly and that he will cut “billions” in costs for military purchases.
Microsoft investment in Element AI bolsters Montreal’s status as AI hub
– theglobeandmail.com
The Canadian firm was co-founded by Dr. Bengio, serial AI entrepreneurs Jean Francois Gagne and Nicolas Chapados, and venture capital firm Real Ventures
Revamp living room decor on any budget
– moneysense.ca
(Photo by Kristin Sjaarda)Want a shockingly inexpensive way to update your home and earn a 66% return on the investment? Swap out dated living room decor. New light switches, outlet covers, floor registers, drapes and accessories—at an average cost of less than $1,500, according to HGTV—really helps in a remodel. Remember: Details add dollars when it comes to upgrades.
Flooring
Nothing says dated more than a home without hardwood. But is it worth it to upgrade your floors? According to data collected by USA Today, 54% of home buyers would pay more for a home if it had hardwood. It’s easy to clean and maintain, adds warmth to any room and can be refinished multiple times, which increases the overall life and value of the flooring. But not all hardwood is created equal. High-end planks offer hand-scraped or rare-wood species, but this can really push your budget up. Consider, instead, more common selections, such as red oak. Unfinished starts at $1.40/sq. ft. at lumber or flooring stores, while finished starts at $3…


