Finance news

RBC shared on Friday that there are changes coming to two of its cash back Mastercard options in October and December this year.The announcement comes days after Scotiabank told customers it will lower cash back rates for rent and tax payment in the Scotia Momentum lineup in October, leaving many disappointed. Though a couple of RBC’s upcoming changes may similarly irk cardholders (one of the cards’ annual fee will go up by $21), the benefits are getting a serious facelift that&

Here’s a round-up of news for Canadian investors this week.
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For anyone who follows my writing, you probably know that I spend very little time explaining how financial systems work. I am far more interested in the human and psychological side of money—the part that gets messy when real people must make decisions that don’t always fit the framework.There is no shortage of people explaining the mechanics. There are specialists who can tell you how mortgages are underwritten, how investment portfolios should be structured, and what the technical

At the end of this year, The Wealthy Barber himself, David Chilton, is planning to retire. Ironically, he will do so at the traditional retirement age of 65, which he’ll reach late in October.He revealed this on his popular The Wealthy Barber podcast on June 10, 2026, which you can find here. Later that month, Globe Advisor reporter Deanne Gage devoted a full column to his retirement (paywalled). Chilton announced he plans to “shut down” at th