NEWS

Here are some changes to expect when filing your 2023 taxes

Feb. 19 is the first day you can file your taxes online and there are some key changes that will affect the tax filings of many people in Canada.

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

Bitcoin slides below $60,000 on reports Israel strikes Iran

(Reuters) -Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following reports of an Israeli missile strike on Iran. Bitcoin slid more than 5.5% to $59,961 in the Asia session as the U.S. dollar rose broadly. Ether fell by a similar margin, dropping below the $3,000 barrier to $2,895. Israel launched an attack on Iranian soil on Friday, sources

Carbon rebate labelling on bank deposits is fuelling confusion

Canada’s Environment Minister Steven Guilbeault says banks that refuse to identify the carbon rebate by name when doing direct deposits are creating confusion, and he’s willing to change the law to force them comply. Anne Gaviola has more in Business Matters for Friday, April 19.

6 thoughts and actions that only amplify anxiety and worry

Not to worry and be nervous is absolutely normal, albeit very unpleasant. But sometimes anxiety and concern can be so toxic that it hinders one's ability to carry on with daily activities. Our habits and thoughts can exacerbate the situation. Huffpost shares habits that intensify our anxiety and worry. Black-and-white thinking It is also known as "...

The price of gas is up. Here's why it could remain that way for some time

Many people are expressing surprise after a jump in gas prices. CBC's Tyler Cheese has more on what’s driving the increase and why one industry analyst believes they'll remain high for months.

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.

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.

What to do if you’re concerned you might be laid off - or if you’ve lost your job

NEW YORK (AP) — Recent mass layoffs from technology and media companies, including eBay, Riot Games and the Los Angeles Times, might have you thinking about your job security. If you’re worried you could be laid off — or if you’ve lost your job — personal finance professionals and career advisers have recommendations for how to cope. They range fro...

Trump faces a Sandoval hearing in his New York hush money trial. Here’s what to know

Trump faces a Sandoval hearing in his New York hush money trial. Here’s what to know - Donald Trump will learn the scope of questions he could face from Manhattan prosecutors during cross-examination if he does choose to take the stand to testify in his first criminal trial

The five decor mistakes that are making your home look cheap

Have you got any of these in your home?

9 rules to be a truly happy and successful woman

Many women aspire to discover how to become happy and successful. It turns out there are 9 rules that can be considered principles of a self-satisfied and fulfilled life, according to Hack Spirit. Successful and happy women respect themselves and know their worth. Strong and successful women will not settle for anything they don't like. There's no ...

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.

Disability expert resigns from federal advisory group over benefit program

OTTAWA — One of Canada's leading disability scholars is quitting a federal advisory board, saying the government failed to properly fund the disability benefit. Michael Prince, a professor of social policy at the University of Victoria, says he's deeply disappointed with the Canada Disability Benefit. He's resigning from Disabilities Minister Kamal...

Oil settles slightly higher as Iran plays down reported Israeli attack

By Nicole Jao NEW YORK (Reuters) - Oil settled slightly higher on Friday, but posted a weekly decline, after Iran played down a reported Israeli attack on its soil, a sign that an escalation of hostilities in the Middle East might be avoided. Brent futures settled up 18 cents, or 0.21%, at $87.29 a barrel. The front month U.S. West Texas Intermediate (WTI) crude contract for May ended 41 cents

Psychologist explained how to maintain passion in long-term relationships

At the beginning of a relationship, there is a passionate stage for every couple when you simply can't get enough of each other. However, with time, this fades, and many couples encounter a loss of interest. What can help maintain passion in relationships, according to psychologist Dmytro Ostapenko. How to keep passion alive in long-term relationsh...

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.

It will be too late: Blinken urges US Congress to expedite aid to Ukraine

The US Secretary of State, Antony Blinken, urged Congress to approve the aid package to Ukraine, stating that "it will be too late". He made this statement at a briefing in Italy, according to The Guardian. Answering a question about US aid to Ukraine, Secretary of State Antony Blinken said that the “most important thing is getting this aid voted a...

Tax tips for college students and their parents

NEW YORK (AP) — There are lots of things college students and their parents should keep in mind before filing their taxes, and while tax pros say it’s great for college students to start filing their own forms, parents and students should double check everything carefully before anyone pushes the “submit” button. Be clear on who is a dependent For ...

Business Report: New Swift album already setting records

Taylor Swift's new album is already setting streaming records. Plus, Tesla recalls the Cybertruck and a halving event is coming for Bitcoin miners. Business Editor Ari Rabinovitch explains.

Top 6 US industries where you can earn the most money

Property expert reveals the 5 crucial questions you need to ask when buying a house

Have these in your arsenal...

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.

Can the CRA hold tenants liable if the landlord fails to pay tax?

A recent report outlined a case in Ontario where a foreign landlord failed to pay taxes and the CRA went after the tenant. CBC's personal finance columnist Mark Ting shares his thoughts on the matter.

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.

6 simple habits to help you feel happier every day

2024 is just beginning, meaning you still have time to make important decisions about what you want to achieve in the new year. It's common for us to set certain goals to become the best version of ourselves. The desire to improve is natural, but turning it into a source of pressure and stress is unnecessary. RBC-Ukraine shares six small habits tha...

5 expert tips to declutter your closet (plus hanging hacks!)

Are you dealing with closet chaos? Cleaning expert Melissa Maker helps us figure out how to declutter our closets and keep them that way with these five simple tips.

Canada’s construction worker shortage stands in way of housing boost, CMHC says

The growing construction labour shortage was cited by the Canada Mortgage and Housing Corporation (CMHC) as one of three major factors contributing to longer construction times. Anne Gaviola has this story and more in Business Matters for Thursday, April 18, 2024.

Federal budget 2024: Liberals failed to tackle 'corporate greed,' Singh says

NDP Leader Jagmeet Singh expressed disappointment in the federal government's 2024 budget, saying the Liberals "ignored the opportunity to take on corporate greed." Mercedes Stephenson breaks down Singh's comments on the budget, and whether they could hint at the NDP voting against it.

Slovaks raise nearly 2 million euros for ammunition for Ukrainian soldiers

Citizens of Slovakia managed to raise about 2 million euros to purchase shells for Ukraine as part of the Czech initiative. This was done in a few days, as reported by Sky News. The Slovak authorities refused to join the Czech government's initiative to provide ammunition for Ukraine, but despite this, the Slovaks decided to raise money on their ow...

Budget 2024: Taxes on capital gains explained

Some Canadians making money from capital gains are set to pay higher taxes starting this year. Who will be affected?

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

Top 10 airlines for the cheapest business class flights

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.

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.

US sanctions Lehava leader, fundraisers for violent settlers

The sanctions come the same day that similar measures were taken by the European Union Council, which sanctioned four individuals and two entities including Lehava.

Here’s the Average Retirement Income for Canadians: How Do You Rate?

If you're worried about how much you'll earn in retirement, increase your income by investing in an ETF like this one. The post Here’s the Average Retirement Income for Canadians: How Do You Rate? appeared first on The Motley Fool Canada.

The top 10 most stressed states in the US aren’t the ones you’d think

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 ...

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

Ukraine, Israel aid advances in rare House vote as Democrats help Republicans push it forward

WASHINGTON (AP) — With rare bipartisan momentum, the House pushed ahead Friday on a foreign aid package of $95 billion for Ukraine, Israel, Taiwan and humanitarian support as a robust coalition of lawmakers helped it clear a procedural hurdle to reach final votes this weekend. Friday’s vote produced a seldom-seen outcome in the typically hyper-part...

Hunt for 400-year-old ship with £4,000,000,000 of gold just off the UK coast

A Cornish company will spend months looking for the Merchant Royal in a 200 square mile area of the English Channel.

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

Media: Pentagon ready to quickly send Ukraine arms if Congress approves aid bill

The Pentagon is prepared to quickly send Ukraine military equipment if Congress approves the aid bill that is scheduled for a vote this weekend, Politico reported on April 19, citing sources. After months of delays, House Speaker Mike Johnson said on April 17 that he would move forward with votes in Congress on a series of foreign aid bills for Isr...

Biggest mistakes that could tarnish, or even tank, your credit rating

Before reaching financial milestones such as a car, home, or savings account, a credit rating might be the only thing young people own. “Credit is a highly valuable asset,” says Ed Rempel, a fee-for-service financial planner, tax accountant and author of the blog Unconventional Wisdom. “In fact, it is your main asset until you can build up other in...

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.

Worsening US debt outlook seen more in gold and bitcoin than in bonds

(Reuters) - Concern about the rapidly rising U.S. government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively sanguine about the country's fiscal path, market observers say. The U.S. budget deficit widened to $1.7 trillion in fiscal year 2023 and is on track to reach $2.6 trillion by 2034, according to the Congressional Budget

Our top 5 Amazon deals of the week

Looking to shop great deals? Here are our favourite deal items up for grabs this week on Amazon. Save big on Shapermint, Lefant and more coveted brand items.

What's cheaper, EV or gas? This scholar crunched the numbers

Where you live and how much you drive each day matters when it comes to the cost-effectiveness of an electric vehicle, compared to gas. to A new UBC study crunches the numbers.

CPP Pension: How to Increase Your Income by 50%

The CPP reforms mean retirement income can jump 50% when the plan reaches maturity, but there is an alternative. The post CPP Pension: How to Increase Your Income by 50% appeared first on The Motley Fool Canada.