Finance

How to become a millionaire in Canada: Kevin O’Leary’s simple formula can get you there — even on a $65,000 annual income. Here’s his ‘magic method.’

Is it really that simple?

All the inheritance tax changes that could be in the Budget, and how to plan

The world's 21 celebrity billionaires ranked by wealth

From iconic actors to legendary musicians, meet the world's billionaire celebrities.

Budget 2025: What each federal department plans to cut

The budget includes $141 billion in new spending, offset by cuts and savings as the government hopes to slash the bureaucracy by 16,000 full-time equivalent positions over the next three fiscal years.

Wealthsimple raises C$750 million in funding round, hits C$10 billion valuation

(Reuters) -Canadian financial services company Wealthsimple said on Monday it raised C$750 million ($534.80 million) in its latest funding round, which raised its valuation to C$10 billion. The funding round was led by Dragoneer Investment Group and GIC and included participation from Canada Pension Plan Investment Board, Power Corporation of Canada, IGM Financial, ICONIQ, Greylock and Meritech.

Mumbai the Financial Capital of India

Explore Mumbai, the financial capital of India and a powerhouse of trade, business, and innovation. This video highlights the city’s economic importance, modern skyline, and cultural diversity that define its unique identity. Discover how Mumbai continues to drive India’s economic growth and global influence. #Mumbai #FinancialCapital #IndiaGrowth #Economy #UrbanDevelopment

Investing for Income? Consider Alternative Lenders Over Bank Stocks

Non-banks like MICs are alternative investments to bank stocks for people investing for income. The post Investing for Income? Consider Alternative Lenders Over Bank Stocks appeared first on The Motley Fool Canada.

Report: Truth about the Royals' money

Wealth is always relative - even for those who possess vast quantities of it, not to mention three valets and an enviable property portfolio.

The REIT That Could Turn $10,000 Into Lifetime Income

NorthWest Healthcare could become a lifetime-income REIT, but heavy debt, a 2023 distribution cut, and a deep NAV discount make it a turnaround play today. The post The REIT That Could Turn $10,000 Into Lifetime Income appeared first on The Motley Fool Canada.

Declining prices, interest rates improve housing affordability

Conditions for buyers are largely improving across Canada, including in Calgary, where a new survey points to lower prices and falling mortgage rates boosting purchasing power. Ratehub.ca released its monthly affordability report, finding improvement from August to September in 10 of the 13 major markets it tracks.

1 Soaring Mining Stock to Buy and Hold for the Next Decade

Rio is a TSX mining stock that has returned more than 200% to shareholders over the last 12 months. Is it still undervalued? The post 1 Soaring Mining Stock to Buy and Hold for the Next Decade appeared first on The Motley Fool Canada.

Market Open: Investors hedge against Carney budget | Nov. 3 2025

TSX futures ascended into the black before Monday’s market open thanks to progress with United States-China relations, as well as support from gold and oil prices, as investors hedge their bets on what Prime Minister Carney’s first budget, to be tabled on Tuesday, will lay out in terms of business investment amidst trade tensions with the US. Marke...

Ukraine's foreign currency reserves hit record high of $49.5 billion

Ukraine's foreign currency reserves amount to $49.5 billion, the highest since the country gained independence from the Soviet Union in 1991, the central bank said on Friday The National Bank of Ukraine said the reserve amount, calculated as of November 1, is sufficient to cover more than five months of imports. In October, the reserves increased b...

Equivalised net income across Europe: Where do households earn the most?

Despite shared values and culture across Europe, significant income disparities persist. The gap narrows when adjusted for purchasing power, but substantial differences remain. View on euronews

Stocks fall after recent rally; dollar hits 4-month high vs euro

By Caroline Valetkevitch NEW YORK (Reuters) -Major stock indexes dropped on Tuesday, with chip stocks lower as the CEOs of Goldman Sachs and Morgan Stanley cautioned that equities could be heading for a pullback, while the dollar climbed to a four-month high against the euro. U.S. Treasuries rose, pushing yields lower, amid a flight to safety, which also helped to support the dollar.

Wealth of Nancy Pelosi revealed after she pocketed $130M in stock profits during Congress career

Former House Speaker Nancy Pelosi's stock portfolio has grown around 17,000 percent over the course of her nearly four-decade career in Congress.

Could you become a cash Isa millionaire? 94% of Isa millionaires got there through stocks and shares

New data reveals more about how savers are getting to the £1million milestone.

Average wealth around the world: how does Canada compare?

From Spain to South Korea, we reveal the average wealth per adult in 25 major countries around the world.

How a LISA Can Help You Save for Your First Home

While lots of us would love to buy our own home, it can feel like a distant goal. But just how distant? To clear things up, the team at smart money app Plum have crunched the numbers to work out the amount of time it could take you to save for a deposit based on your salary. Admittedly, their initial findings weren’t the most positive, with someone...

Crushed by student debt? Learn financial literacy (aka: money skills) that can set you free and build the future you deserve

A guide to financial literacy for Canadian college students and university and trade-school post-secondary students

What could new health spending budget mean for Canadians?

Tuesday's federal budget had several promises for the health-care sector. This includes 5 billion dollars for a dedicated infrastructure fund. Health reporter Katherine Ward has more on what this could mean for Canadians.

So Much Car for So Little Money: Buying a Jaguar XK 4.2

The Jaguar XK 4.2 offers classic grand tourer style, V8 performance, and serious value for money. In this video, we take a closer look at what makes it such a tempting buy — and why it might just be one of the best bargains in the used car market.

@ the Bell: Markets soften under AI slowdown and layoff surge

Canada’s main stock index had dropped to its lowest point in over a month on Friday, before flattening out by close. Investors weighed strong domestic employment figures against waning momentum in stocks tied to artificial intelligence. In the US, major stock benchmarks were divided as technology shares continued to struggle. Leading AI companies l...

Musk could become history's first trillionaire as Tesla shareholders approve giant pay package

Musk could become history's first trillionaire as Tesla shareholders approve giant pay package - The world’s richest man was just handed a chance to become history’s first trillionaire

Why It’s Time to Tax the Billionaires and Save the Planet

Esther Duflo breaks through the noise and exposes a brutal truth: climate change is a debt crisis — and the bill belongs to the rich. Her talk shows how a small global wealth tax could save millions of lives, fund real adaptation, and rebuild trust between nations. Forget carbon credits. This is economics without the spin.

Can you save $150 every month and have enough saved by age 65 to retire a millionaire? The Ramsey Show says yes — but there’s a catch

Saving for retirement isn't a sprint, but a marathon

Eurovision plan in Canada's federal budget but would it be a hit here?

Of all the line items in the federal budget, one proposal many Canadians did not see coming was getting Canada into Eurovision. Touria Izri looks at whether it would be a hit in Canada.

@ the Bell: Markets on edge as Fed decision looms

Canada’s main stock index rebounded on Tuesday thanks to a jump in tech shares, but still weighed down by a drop in commodity prices. Investors remained cautious ahead of key interest rate decisions from central banks and a wave of corporate earnings reports that could challenge the market’s recent upward momentum. Tuesday also marks the beginning ...

Mega Millions nears $1 billion: When is the next drawing?

Mega Millions jackpot inches toward $1 billion after no winners in latest drawing - The odds of winning the Mega Millions jackpot are 1 in 290,472,336

Banks lend $18 billion for Oracle-tied data center project, Bloomberg News reports

(Reuters) -A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a data center campus linked to Oracle in New Mexico, Bloomberg News reported on Friday. Sumitomo Mitsui Banking Corp, BNP Paribas SA, Goldman Sachs Group, and Mitsubishi UFJ Financial Group are administrative agents on the deal, the report said, citing people with

Salesperson explains how much a $998 down payment really costs

At Formula Ford, a sales rep explained how the advertised $998 down payment was actually more than $4,000 when factoring in other charges, including some listed in the fine print.

How much to spend on the person you're dating

Don't go overboard.

NS&I launches new fixed rate bonds with a one-year fix paying more than the other options

National Savings and Investments has launched a range of fixed-rate bonds with boosted interest rates for those wanting to lock their money away for a better return.

Bank of Canada trims key interest rate, hints at end to cuts

By Promit Mukherjee and David Ljunggren OTTAWA (Reuters) -The Bank of Canada reduced its key overnight interest rate to 2.25% on Wednesday, as widely expected, and signaled this could mark an end to its cutting cycle unless the outlook for inflation and economy changed. The 25 basis point cut, the second in a row, brings down the rate to the lowest since July 2022. Governor Tiff Macklem said

19 Canadian Money-Saving Tricks From Immigrant Families

Canada’s immigrant families have long mastered the art of stretching every dollar without sacrificing quality of life. Their money habits

Kickstart Your Retirement Plan at Age 40 With $10,000

Starting retirement savings at 40 with $10,000 isn’t too late – disciplined contributions, tax‑efficient accounts, and compounding can still build meaningful wealth. The post Kickstart Your Retirement Plan at Age 40 With $10,000 appeared first on The Motley Fool Canada.

Here's Why You Should Talk About Money Before Getting Married

Vitaly Gariev on Unsplash​

3 Stocks Most Likely to Gain from BoC Interest Rate Announcement

As the BoC trims rates again, here are three dividend-paying TSX stocks that could benefit most. The post 3 Stocks Most Likely to Gain from BoC Interest Rate Announcement appeared first on The Motley Fool Canada.

Carney's budget could lift this graphite stock higher

・With the Government of Canada planning to stockpile critical minerals, backed by a C$2 billion fund as part of Prime Minister Mark Carney’s first budget, to offset Chinese dominance in the sector, it is prime time for investors to run top Canadian miners through due diligence towards a potential allocation ・One of the first-movers to take advantag...

HSBC takes $1.1bn hit as fallout from Bernie Madoff's Ponzi scheme lingers

HSBC has set aside $1.1billion to cover potential costs arising from a lawsuit related to Bernard Madoff's Ponzi scheme.

Exclusive-Financial software provider OneStream explores sale after share price drop, sources say

By Milana Vinn, Amy-Jo Crowley and Valentina Za (Reuters) -Financial software maker OneStream is exploring strategic options including a possible sale, less than 18 months after its stock market debut, according to three people familiar with the matter. OneStream has been working with investment bankers at JPMorgan Chase on its options, the sources said, noting that deliberations are at an early

WTW beats quarterly profit estimates on risk, brokerage strength

(Reuters) -Insurance broker Willis Towers Watson beat third-quarter profit expectations on Thursday, underpinned by robust performance in its risk and brokerage business. Shifting trade policies, persistent inflation, and geopolitical challenges have boosted demand for risk management, a core area of expertise for WTW. Revenue from WTW's risk and broking unit, which advises clients on risk

17 spending habits that keep you poor but look rich to others

Banks to be spared from Rachel Reeves' Budget tax raid

Shares in Britain's biggest banks rose on Thursday morning amid reports they would be spared from higher taxes in the upcoming Budget.

5 easy ways to save an extra $1K a month for retirement

You don't have to go searching for spare coins underneath the couch

KKR’s profit beats forecast on credit-led inflows, one-off charge weighs

By Isla Binnie and Arasu Kannagi Basil (Reuters) -Investment firm KKR reported a rise in third-quarter profit that beat Wall Street's expectations on Friday, boosted by strong fundraising, particularly in credit and its insurance unit. Adjusted net income of $1.27 billion, or $1.41 per share, surpassed the $1.17 billion, or $1.30 per share, that analysts on average had expected from the

Kyiv plots how to stretch finances as Brussels drags feet

subscribing to our Ukraine Business Roundup newsletter.Ukraine is considering a cocktail of ideas to keep its finances afloat while it waits for Brussels to greenlight new aid, and a big drop in foreign aid in 2026 looms. Unspent funds from government ministries in 2025, ad-hoc government borrowing, and front-loading loans whose disbursements are c...

Do you need a 6-figure income to retire early? No — here are 5 money-growing moves for the under-$100K set

You can still retire early — if you’re disciplined.

BRIONY BUILDS into ASUS ROG HELIOS - The £270 PC Case!

Briony has had a little project in hand - she got the flagship Asus rog helios case, and a ton of components from asus for a showcase build. Is this expensive case worth the money - was it hard to build into it? Did she run into problems? How did it end up looking? All and more is answered today! 00:13 Briony Unboxed / Introduction 00:49 The Components breakdown 05:10 Case Filters Closeup 06:20 Panel and psu Shroud removal 09:40 Taking a look inside the case 11:10 ssd time 12:50 Installing the cpu and Memory 14:20 Installing the rog Strix Z390-E Gaming motherboard 15:46 Installing the rog Thor 850W Platinum psu 19:13 Connecting up the motherboard cables 20:10 Admiring the case design 21:08 Installing the asus aio Cooler 27:20 Cable work 30:25 Installing the asus Rox Strix 2060 33:50 Some niggling issues with PCIe Extension cable 35:00 Briony does the Cable Management 39:00 System built! Test Build components: Intel i5 9600K Processor Asus rog Strix Z390-E Gaming motherboard rog Ryujin 360 aio Cooler Hyper X Predator DDR4 2933MHz Memory Asus rog Strix rtx 2060 Graphics card rog Thor 850W platinum Powersupply KitGuru uses a variety of equipment to produce content: As of May 2019: Panasonic GH5 and GH5s Cameras Panasonic GH4 Cameras

The pension gap: How women end up £100,000 worse off by retirement

Women often have less in retirement - but there are ways to fix this