David Saric
David Saric

David Saric

Associate editor

Numbers tell a story.

4

Years in finance journalism

140

Articles published

25

Financial topics covered

David Saric's Expertise

More articles from David Saric

David's favourite resources

1

Bloomberg

2

The Globe and Mail

3

The New York Times

4

The Washington Post

5

The Toronto Star

More from David Saric

LATEST

Stressed homeowner

Insurance • 23h ago

Ontario refuses $250K disaster aid to Niagara homeowners hit by $360M in flood damage over one technicality

Sewer backup vs. overland flooding — the distinction blocking thousands of Niagara homeowners from provincial aid.

Canadian Prime Minister Mark Carney and U.S. President Donald Trump

News • Nov 04

Carney says U.S. dropped key demands as $28B in tariffed goods hang on a deal that isn't done yet

50% tariffs hit $27.6B in Canadian goods. Counter-tariffs raise prices on cheese, coats and stoves.

Howard Lutnick

News • 14755 views

Howard Lutnick quietly restarts Canada-U.S. trade talks — but only on steel, aluminum, lumber and auto tariffs

U.S. Commerce Secretary Howard Lutnick is pushing to restart trade talks stalled since August, targeting Section 232 tariffs

Planning for retirement

Retirement • 11935 views

Canada falls to 21st in global retirement security as Canadians say they need $1.7M to retire comfortably

Inflation and public debt drag Canada down from 10th a decade ago. Average CPP and OAS pay just $19,450 a year

Cohere funding

News • 1115 views

Ottawa is spending $1.6 billion on AI startup Cohere — and your pension fund may already be invested in it

Canada takes an equity stake in Cohere as part of a $7 billion funding round valuing the Toronto AI firm at $35.7 billion

Bourbon whiskey

News • 13164 views

U.S. spirit exports to Canada plunge 70% while Ontario spends millions storing $79M in unsold American alcohol

Provincial bans slashed U.S. spirit exports from $232M to $72M. Now a U.S. ban on Canadian booze squeezes distillers on both sides.

Odyssey cruise ship

Managing Money • Oct 31

Villa Vie Odyssey gave residents 7 hours to leave after US$230K lifetime cruise ran out of money

Chargebacks, TICO claims and supplier-default insurance options for Canadians when a travel company fails

Sun Life logo on smartphone + Sepia-style photo of a young family

Insurance • 13723 views

Superior Court approves $213.5-million class-action settlement against Sun Life — what this means for policyholders

A $213.5-million settlement could mean compensation for thousands of Sun Life policyholders. Find out who qualifies, how much they could receive and what happens next.

Prime Minister Mark Carney in Turkey, Oct. 2026 + Ukrainian National Police officers set up Starlink terminal in Donetsk region + Elon Musk with Starlink logo

News • 5416 views

Carney says Canada is ‘highly, highly reliant’ on foreign tech — what Starlink’s Ukraine slowdown means for your money

Ukraine’s Starlink slowdown shows how a single dominant provider can become a single point of failure. Here’s what it means for Canadians’ internet, investments and tax dollars.

Conservative MP Ned Kuruc for Hamilton East—Stoney Creek and Lourenco Goncalves

News • 2575 views

Cleveland-Cliffs faces $10,000-a-day fines as Ottawa weighs lawsuit over 175 Stelco layoffs in Hamilton

Industry Minister Joly gave Cleveland-Cliffs until Nov. 6 to reverse Stelco layoffs or face court action

Cleveland-Cliffs Inc. chief executive Lourenco Goncalves

News • 1814 views

Cleveland-Cliffs CEO says he'll likely sell Stelco as 500 layoffs proceed and Ottawa threatens legal action

Cleveland-Cliffs plans to sell Stelco after laying off 500 workers. Ottawa weighs legal action

Woman a victim of swat attack

News • 2029 views

Fake CIBC fraud call triggered armed police response at a Nova Scotia woman's home — and $28.6M in losses show why

Bank investigator fraud cost Canadians $28.6M in the first half of 2026. Here's how the scam works.

Prime Minister Mark Carney and President Donald Trump

News • Oct 27

Carney sees progress in Canada-U.S. trade talks, but 50% tariffs on $27.6B in goods still hit household budgets

Canada's counter-tariffs hit U.S. furniture at 50% and appliances at 25%. A BoC rate hike to 2.50% could follow Oct. 28

Matt Robb

Banking • Oct 27

RBC and BMO CEOs warn Canadians not to give Meta's Muse access to banking info after AI agent shared a man's address

Meta's Muse AI agent shared a seller's address and accepted a lowball offer. RBC and BMO push back on AI access to accounts.

Cleanup estimate

Insurance • Oct 27

Ontario man's $27,000 sewage cleanup ate half his $50,000 policy limit before rebuild even started

A St. Catharines homeowner's flood revealed how fast sewer backup limits run out when cleanup and restoration share one cap

Barack Obama

News • 2909 views

Obama rips Trump's 50% tariffs on Canada at Detroit rally as trade war hits Michigan auto industry

Obama called Canada 'that historical adversary' while slamming Trump's tariffs at a Detroit midterm rally

Fraud/scams

News • Oct 25

17% of young Canadians fell for financial scams last year — nearly double the rate of those 35 and older

Canadians reported $351M in fraud losses. Young adults aged were victims at twice the rate of older groups

BMO CEO Darryl White

Banking • Oct 23

BMO's CEO warns Canadians who share banking passwords with AI agents could lose their fraud protection

Sharing your login with AI agents like Muse or ChatGPT could breach your bank agreement and leave you liable for fraud losses

Prime Minister Mark Carney in Ottawa + Donald Trump in South Carolina

News • 4255 views

‘Tariffs make both our industries weaker’: Carney talks trade with Trump as U.S. accuses Canada of election meddling

As Carney balances economic protection with diplomacy amid U.S. accusations and trade friction, Canadians must prepare for holiday price shifts under ongoing cross-border economic tensions.

Woman banned from Amazon

News • 1363 views

Mississauga woman says Amazon banned her account over 1 cancelled order — here's what Canadians can do if it happens

A locked Amazon account can freeze gift cards, Prime and purchases. Know your rights under PIPEDA and provincial consumer law

Trump backpedals on Bombardier

News • Oct 21

Trump vowed to block Bombardier from the U.S. — then 1,500 Kansas jobs changed his mind

Bombardier stock jumped 4% after Trump pledged to protect the jet maker's Wichita operations

President Donald Trump at Kentucky rally + Health-care workers, activists and their supporters protest at Alberta legislature

News • 25489 views

'They spend our money very unwisely': Trump rants about 'losing US$90 billion' to subsidize Canadian health care

U.S. President Donald Trump recently claimed the U.S. loses $90 billion a year to fund Canadian health care, but published data shows the assertion is completely unfounded.

Dollar Tree Store and car phone charger

Insurance • Oct 20

Manitoba couple's $43K Chevy burned outside a restaurant — MPI called it arson and refused to pay

A Manitoba family is suing MPI after the insurer denied their vehicle fire claim, alleging arson

Snow bunting bird and welcome to Florida sign

Insurance • 6867 views

Only 28% of Canadians know a travel advisory change can void their insurance — what snowbirds need to check now

Ottawa updated its U.S. advisory twice this fall. Your travel insurance policy may respond differently than you expect

Las Vegas tourism

News • Oct 18

Las Vegas lost 17.4% of Canadian visitors — now Nevada politicians are making it a midterm election issue

Canadian visits to Las Vegas fell 17.4% as the trade war and a weak loonie keep travellers home

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