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. 

Large Language Models like ChatGPT have been used to write everything from wedding vows to fragments of long-lost plays by Shakespeare. And soon, banks may even be using them to write your financial plan. 

Driving the news: Global names in financial planning, including JPMorgan Chase and Goldman Sachs, are experimenting with ways to use Large Language Models in the advice they give clients. 

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. 

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. 

Discussing one's salary was once a taboo talking point, frowned upon as bad professional etiquette. Times may be changing, with some provinces even passing laws requiring pay transparency—but volunteering your salary info could come with downsides.