Retirement is feeling increasingly out of reach for most Canadians with a year of decades-high inflation behind them and rumblings of a possible recession ahead, according to a new survey from BMO. Canadians now believe they will need $1.7 million to retire, up 20 per cent from 2020’s figure of $1.4 million, the survey said.
The pinch of high inflation and interest rates has more Canadians, and women especially, saying their budgets are at a breaking point according to a new poll. Ipsos Public Affairs polling conducted exclusively for Motorcycle accident toronto today suggests a growing proportion of Canadians (22 per cent) are “completely out of money” to the degree that they
Zellers, a nostalgic discount brand, has unveiled the first 25 locations across Canada for its retail comeback. Hudson’s Bay Co. first announced plans to revive the Zellers brand in August of last year. The brand will return as an e-commerce site and as an “in-store experience” in select Hudson’s Bay stores across the country. Read more:
After years of frenzy in Canada’s housing market during the COVID-19 pandemic, 2022 saw a reversal across much of the industry as the Bank of Canada’s interest rate hikes cooled down the residential real estate sector in cities from coast to coast. Most economists and experts who spoke to Motorcycle accident toronto today say they expect that
Taxpayers’ Ombudsperson Francois Boileau says the Canada Revenue Agency should warn Canadians applying for benefits about the risk of potential clawbacks to other income supports. In his latest annual report, Boileau recommended that the CRA make it clear to applicants that benefits that increase their income could affect other benefits they receive, including provincial benefits.Boileau