As it turns out, even the latest celebrity gossip can offer up a little financial wisdom.
Driving the news: Musician Joe Jonas and actor Sophie Turner are the latest celebrity couple to file for divorce this year, adding to a star-studded list including Ariana Grande, Britney Spears, and Kevin Costner. They reportedly have an "ironclad” prenuptial agreement, or prenup, that will allow Jonas to keep his music royalties while Turner will keep her acting earnings.
A new report from research and management firm Morningstar shows that only 48% of the revenue streams for Canadian equities are sourced domestically. In other words, your investments could be getting more globalized – whether you know it or not.
Driving the news: According to Morningstar, Canada is joining the likes of the United States, Japan, and Australia as its companies’ revenues become more internationally focused.
Your bank account could be getting a helpful boost from the federal government this month as carbon price rebates roll out to more provinces.
Driving the news: Canadians in Newfoundland & Labrador, Nova Scotia, and Prince Edward Island are now eligible for Climate Action Incentive Payments (AKA: the CAIP or carbon price rebate) as of July 1st.
If you thought 25 years was a long time to spend paying off your mortgage, just wait until you see the multi-decade extensions some Canadians are getting (and not by choice, either).
Driving the news: With interest rates spiking over the past year, many Canadian homeowners are watching their amortization periods – the length of time it takes to fully pay off a mortgage – increase anywhere from 60 to 90 years.
My bank finally caught on to the fact that I'm no longer a student and made me switch to a regular chequing account. Now I have to pay them $11 a month to keep my cash in their coffers—but they could be making a lot more off of me.
If you’ve been on the internet for more than three weeks, you’ve likely come across the phrase “Okay, Boomer.” We’ve been blaming baby boomers for a lot of stuff lately, but the truth is, they might be keeping entire families afloat.
Are we setting ourselves up for another 90s dot-com market bust? A gap between the top ten S&P 500 stocks and the other 490 has some experts worried that investors are putting all their investment eggs into too tech-centric of a basket.