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Best in show: How to find and invest in market leaders Apr 5th
Canadians approach retirement planning in many different ways, but there’s one thing we can all benefit from: a strategy to save enough to retire comfortably and even generate income after we stop working.
But many of us don’t feel financially ready to stop working. According to a 2022 survey.... More »
The best cash back credit cards in Canada for 2023 + MORE Sep 27th
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The best cash back credit cards in Canada for 2023
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The cost of the average grocery bill in Canada–and how to lower yours + MORE Jan 17th
Welcome to MoneyFlex, our new column about the financial challenges Canadians are facing today. Each month, journalist and editorial assistant Margaret Montgomery will share expert insights and practical tips to help you flex your money skills—starting with how to tackle inflation’s effects on y.... More »
It’s probably time you switched banks—4 easy steps for Canadians + MORE Jun 28th
When you opened your first bank account, chances are it was with the same financial institution your parents used—because, why not? And given how loyal Canadians are to their banks, there’s a good chance you’re still banking with the same institution. In fact, 70% of Canadians held the sa.... More »
Banking regulator takes permanent control of Silicon Valley Bank's Canadian assets - CBC.ca Mar 15th
Banking regulator takes permanent control of Silicon Valley Bank's Canadian assets CBC.caSVB collapse: Could bank failures happen in Canada? CTV NewsOur bank deposits are safe, that is really important: Allianz's Mohamed El-Erian CNBC TelevisionOpinion | In the Silic.... More »
Have you started your holiday shopping yet? Plenty of Canadians are hitting “Add to cart” extra-early, whether they’re buying for Christmas, Kwanzaa or Hanukkah. Last year, supply-chain issues frustrated shoppers. The shipping delays have improved somewhat this year, but now inflation and tighter household budgets are spurring many of us to buy ASAP, in case prices rise even more. Retailers got an early start, too—eager to unload overstocked inventories ahead of a possible recession; several stores began offering huge discounts as early as October.
Canadians are shopping early (and shopping around)
If financial pressures are making you rethink your gift list, you’re in good company. Many Canadians are approaching holiday shopping this year with “cautious optimism and concern,” according to Deloitte Canada’s 2022 Holiday Retail Outlook, an annual forecast for retailers.
“What’s different this year, than any other year, is the messiness we have around us—geopolitical concerns, economic headwinds, the threat of recession, supply chain problems, and on and on,” says Marty Weintraub, national retail leader at Deloitte Canada…
