Finance

How much money do you need to retire comfortably in Canada?

How new money enters the economy

From physical cash to electronic deposits, modern money is created in ways most people never see. This video simplifies the entire process and explains how money is born in today’s financial system.

Some states are reviving a push to tax the rich

PROVIDENCE, R.I. (AP) — Chuck Collins figures he won life’s lottery by inheriting vast sums of money through his great-grandfather Oscar Mayer’s processed meat company, but rather than fight to protect every dime Collins has helped push to hike taxes on the ultrarich like himself.

Canadian dollar hits 10-day low as jobs slide cools rate hike bets

(Corrects fifth paragraph to show BoC key interest rate is at 2.25%, not 2.50%) By Fergal Smith TORONTO, March 13 (Reuters) - The Canadian dollar weakened to a 10-day low against its U.S. counterpart on Friday, as investors reduced bets on Bank of Canada interest rate hikes this year after domestic data that showed a surprise sharp decline in employment. The loonie was trading 0.6% lower at

The incredible real estate secrets of the world's multi-millionaires

From billionaire basements to celebrity closets and secret bunkers, we've uncovered the real estate secrets of the world's most luxurious houses

How I make $25,000 a month on YouTube from multiple income streams

In this video, I provide insights into my YouTube business and how I generate over $25,000 a month with 250,000 subscribers.

Nationwide fairer share: Customers hoping for £100 payment should put money in savings accounts now

Nationwide customers keen to ensure they would be eligible for a Fairer Share payment in 2026 should take steps now so they do not miss out.

What annual salary do you actually need to be happy?

In the UK, the average median salary is £39,039, according to the Office for National Statistics. However, despite a 4.3% increase compared to April 2024, 58% of Brits say they don’t feel financially comfortable. In addition, 25% admit to feeling anxious about the year ahead. This begs the question: how much money do we actually need to be earning ...

The best stocks to invest $1,000 in right now

Three TSX stocks with market-beating returns are compelling opportunities for investors with a small capital base. The post The Best Stocks to Invest $1,000 in Right Now appeared first on The Motley Fool Canada.

My top pick for immediate income? This 7.6% dividend stock

Slate Grocery REIT is an impressive high-yield option for investors seeking reliable income from defensive retail. The post My Top Pick for Immediate Income? This 7.6% Dividend Stock appeared first on The Motley Fool Canada.

Smart ways to spend money wisely

Budget savings are a critical component of a long-term financial stability. As much as it is … Smart Ways to Spend Money WiselyRead more

My brother says keeping money in savings is a mistake because inflation guarantees you lose. Should I really invest everything?

Your brother is right about one thing: inflation can quietly shrink what your savings can buy. But it does not automatically mean savings are “a mistake,” or that you should invest every dollar you have. The real question is what that money is for, and how soon you might need it.

Is money down on a car deal a scam?

Dealers often push for cash down, but is it really helping you—or just boosting their profit? How do dealerships turn your money into leverage, and what’s the smarter move for buyers?

How I made financing faster for businesses with Merchant Growth

After the 2008 crash tightened lending for businesses, David Gens founded his fintech to help them secure the funding they needed to grow

SoftBank-backed PayPay valued at $12.7 billion in Nasdaq debut as shares jump

By Arasu Kannagi Basil, Utkarsh Shetti and Echo Wang March 12 (Reuters) - PayPay's shares opened roughly 19% above their offer price in a widely anticipated Nasdaq debut on Thursday, valuing the Japanese payments app at $12.7 billion and giving a much-needed boost to the new listings market. The SoftBank-backed's company stock opened at $19, compared with the $16 offer price. PayPay and an

BC seeks money in 37 financial accounts allegedly tied to drug ring

The province is going after money in 37 accounts at several financial institutions, which it alleges is tied to a Lower Mainland drug ring that distributed cannabis and psilocybin across Canada.

I stuffed a piñata with $1,000 cash - strangers kept what fell out

I bought a piñata, stuffed it with $1,000 in real cash - ones, fives, tens, twenties, fifties, and even a crisp $100 - and headed to 5th Street Alley in Eugene, Oregon. The rules were simple: one hit each, and you keep whatever falls out. Things escalated quickly once the first bills started raining down and word got out that Penny the Piñata was loaded. One swing led to a full decapitation and a $79 payday, and from there it was chaos until every last dollar dropped. Now the big question is… can we hit 600,000 subscribers so I can unleash the $10,000 piñata next?

2 stocks that could turn $100,000 into $1 million

Two top TSX stocks can form a dual-engine and turn $100,000 into $1 million over a longer time horizon. The post 2 Stocks That Could Turn $100,000 Into $1 Million appeared first on The Motley Fool Canada.

Financial behaviors that are silently growing wealth

The accumulation of wealth hardly occurs as a result of one-time windfalls or temporary profits. It … Financial Behaviors that are silently growing wealthRead more

9 money habits of people who never run out of cash by month’s end

You’ve probably seen it before. Two people earn almost the same salary, yet one of them … 9 Money Habits of People Who Never Run Out of Cash by Month’s EndRead more

Trump’s net worth up by more than $1BN since White House return

Trump sees his net worth jump by more than $1BN since returning to office - The president’s crypto ties have been especially lucrative and have helped boost net worth to $6.5 billion

Could this $20 stock be your ticket to millionaire status?

Down almost 50% from all-time highs, Propel is a TSX dividend stock that offers significant upside potential in March 2026. The post Could This $20 Stock Be Your Ticket to Millionaire Status? appeared first on The Motley Fool Canada.

Stop wasting $500 every month by fixing these 6 invisible Canadian money leaks

It's hard to keep track of everywhere your money is going — but it pays to try.

Elon Musk and his billionaire friends are richer than ever

Elon Musk and his billionaire friends are richer than ever - Forbes says it has been a record year for billionaire wealth due to the AI boom and rising tech valuations

Enbridge stock: Is now the time to buy or should you wait?

Considering its dependable business model, strong financial position, consistent dividend payouts, and solid long-term growth prospects, Enbridge would be an excellent buy right now. The post Enbridge Stock: Is Now the Time to Buy or Should You Wait? appeared first on The Motley Fool Canada.

New federal rules limiting non-sufficient funds fees to $10 kick in Thursday

New rules are now in effect limiting the amount that banks can charge customers who don't have enough money in their accounts to cover a cheque or other pre-authorized charge.

As bombs fall, gold prices rise — and Poland is taking notice

Geopolitical unrest is driving private investors away from virtual instruments and towards physical bars and coins — assets you can lock in a safe, carry in a suitcase or bury under the floorboards. View on euronews

How much money would you need if a crisis happened?

A new analysis from the European Central Bank suggests that during periods of uncertainty, people often turn back to physical cash, reports The Express. Surges in demand According to reporting by The Express, the European Central Bank (ECB) says major crises repeatedly trigger a rush to withdraw cash. The bank pointed to several recent events inclu...

Voices: These are the richest people in the world – but not all is as it seems

These are the richest people in the world – but not all is as it seems - COMMENT: When Forbes magazine publishes its annual list of billionaires, it won’t tell the whole story because many super-rich people choose not to disclose their wealth, explains Chris Blackhurst

We won £4m on the lottery – here’s exactly what we did with the money

Two Lottery winners reveal what they did with their windfall – and the advice they received from experts

A 23-year-old man inherited $450K, parked it and doesn’t know what to do next. Here’s the Dave Ramsey advice that could change everything

Coming into a large sum of money — especially in your early 20s — can make it harder to act

X Money payments system set for April release

Elon Musk is moving closer to his goal of transforming X into an all-in-one digital platform. The company is preparing to introduce a new payments feature called X Money as early as April. Musk has repeatedly described his ambition to turn X into an “everything app,” similar to China’s WeChat, combining social media, commerce and financial services...

UK ticket holder claims £181million EuroMillions jackpot - making them instantly richer than Adele

The eye-watering prize was won on Tuesday night and the winner has become the third biggest UK National Lottery win of all time.

Trump seeks to close $1.6 trillion revenue gap with raft of new tariffs

WASHINGTON (AP) — The Trump administration this week stepped up its ambitious effort to replace about $1.6 trillion in lost tariff revenue that was eliminated by the Supreme Court's decision to strike down a range of the president's import taxes.

How I manage my money: Business owner on £10k a month wants to retire by 60

Could this $125 stock be your ticket to millionaire status?

Those looking to take their portfolios into seven-digit territory have plenty of options to consider. Here's my top pick right now. The post Could This $125 Stock Be Your Ticket to Millionaire Status? appeared first on The Motley Fool Canada.

Swifties could get Vancouver concert refunds after deal with StubHub on ticketing

VICTORIA — People who purchased tickets for Taylor Swift's concerts in Vancouver through a resale platform may be eligible for a refund.

AI salaries are ballooning up to US$700K and are widening wealth gaps between partners — why you should consider prenups and postnups

While AI is creating job insecurity among many white-collar workers, AI professionals could see their salaries skyrocket to unprecedented levels

15 portfolio fees Canadians don’t notice (until they do the math)

Most Canadians focus on returns when they review their investments. They check performance charts and compare gains with friends. Fees rarely get the same attention. Yet even small percentages can chip away at long-term growth. A one percent fee may not sound like much. Over the decades, it can quietly drain thousands of dollars. Many of these costs sit in the background. They are deducted before you see the numbers. That makes them easy to ignore. Until you run the math yourself. Here are 15 portfolio fees Canadians don’t notice (until they do the math).

BoC to keep rates on hold through this year despite war inflation risk: Reuters poll

By Indradip Ghosh BENGALURU, March 13 (Reuters) - The Bank of Canada is forecast to keep its overnight rate on hold next week and for the rest of this year, for now looking through inflation risks from the Middle East war, according to most economists in a Reuters poll who have kept a steady outlook since December. A net oil exporter, Canada's economy could be more insulated than many of its

Woman loses her US$21K savings on a too-good-to-be-true investment deal. How to spot financial fraud before it’s too late

Always listen to your gut

This is what a 100,000,000,000,000 dollar bank note looks like

The auction includes a $100trillion note from Zimbabwe, issued during the country's years of hyperinflation

The future of money: Digital currency is changing everything

The modern monetary system is experiencing a complete transformation because people are moving away from using … The Future of Money: Digital Currency Is Changing EverythingRead more

Here are 5 clear indicators you’re financially further ahead of the average Canadian. Are you richer than you think?

Most adults carry some form of debt.

When stock markets get shaken, it can pay for investors to be patient

NEW YORK (AP) — When stock markets are as manic as they've been recently, it’s natural to want to do something to protect your retirement savings. Historically, though, staying calm has usually been best.

The $658K reality check: Canada's benchmark price is falling and your nest egg may be shrinking — act now

Canada's housing market is stalling, putting your equity is at risk. Here's how to protect your money now

Canadian dollar edges higher as risk appetite improves

By Fergal Smith TORONTO, March 10 (Reuters) - The Canadian dollar strengthened slightly against its U.S. counterpart on Tuesday, as improved risk appetite on rising hopes the Middle East war would soon end offset a pullback in oil prices. The loonie was trading 0.1% higher at 1.3568 per U.S. dollar, or 73.70 U.S. cents, after moving in a range of 1.3543 to 1.3601. On Monday, Canada's currency,

RCMP warn of counterfeit bills after Nanaimo business unwittingly accepts fake cash

Nanaimo RCMP are warning people to check their cash, after counterfeit bills were passed as legal tender at a local business. Just this week, Red's Bakery says it fell victim to a fake $100 bill, and are pleading with other businesses to be on the lookout.

Citi CEO expects growth in investment banking, markets on strong activity

March 10 (Reuters) - Citigroup expects growth in the mid-teens percentage in investment banking fees and markets revenue in the first quarter, CEO Jane Fraser said on Tuesday. Shares of the company were up 1.2% in morning trading. Strength in equities and fixed income is driving growth at Citi's capital markets division, she said at the RBC conference, adding that the mergers and acquisitions

Where Canada's richest person ranks among the G20 super-rich

The wealthiest individual billionaire in each of the G20 nations, the world's biggest economies.