It sucks when your friend takes off on a jet-set vacation, and you can't join because you've got bills to pay. Now imagine how it will feel when your friends retire earlier than you, just because they bought a house.
Have you opened up your First Home Savings Account (FHSA) yet? If you have, you’re in the minority. Most financial institutions say they aren’t prepared to offer the product, despite the official April 1st launch date.
If 2022 was the year of “revenge travel,” then 2023 is the year of “tourism taxes” as countries and cities around the globe implement fees for visitors to enter, looking to cash in on the surge in travel demand.
If you had to suffer through last year’s summer and holiday season travel chaos, you (along with 40,000 other Canadians) might be owed some compensation—but don’t hold your breath waiting to get it.
The latest batch of inflation data contains some promising signs that inflation may be behind us soon enough, but in some areas of the economy, prices are still going up.