Finance news

Food and household goods companies in Canada say they’re seeing a surge in demand as Canadians prioritize shopping local amid the ongoing trade war, but they say some retailers are slow to give more shelf space to products from this country. Despite the strain of higher prices at the grocery store, many shoppers are going out of their way to buy Canadian-made products, food, and household goods, companies told The Canadian Press. However, they say some retailers are slow to react

The Bank of Canada has made its much awaited September 2 announcement.At 9:45 a.m. ET, the Bank shared that it will maintaining its overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.The key policy interest rate has remained unchanged since October 2025, when it came down from 2.50%.In its commentary, the Bank shared that the “continuing conflict” in the Middle East is keeping energy prices high.“As well, new U.S tariffs and Canadian counter-measu

I was in my twenties when I signed a financial client so big that its logo is practically burned into the collective consciousness of global commerce. It was a big deal. I had started my first business, a digital marketing agency, on a whim, and the first few years were hard. Then, slowly, a cascade of big clients came onto the roster, mostly in automotive because that was the industry I knew best. But this client was different. Landing it almost validated everything.So, I bought myself an expen

My first RRIF withdrawal pushed up my taxes more than I expected and I’ve now been hit with quarterly instalment payments from the Canada Revenue Agency (CRA). I’m still working past age 71, like a lot of people these days, either by choice or necessity, on top of the mandatory withdrawal. I am not sure most people are aware of all of the unintended consequences of mandatory RRIF withdrawals.  —JohnHi John. You are right to raise this because registered retirement inc