Romana King
Romana King

Romana King

Senior Editor
Their Top Finance Tip Smart money management isn't about getting it right; it's about using what actually works when life gets messy.

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LATEST

Elon Musk

Investing • 1003 views

Musk controls 82% of SpaceX votes — what the Starlink/Ukraine fight means for Canadian ETF investors

Elon Musk’s admission that SpaceX throttled Ukraine’s military Starlink service is a governance lesson for Canadians who own SpaceX through Nasdaq-100 and total-market ETFs

Stressed homeowner squeezed by inflation

News • 7723 views

110K jobs gone and a Bank of Canada rate hike. Is your household ready for a stagflation squeeze? 5 ways to brace for it

Canada lost nearly 110,000 jobs in 2 months and the Bank of Canada just raised its key rate to 2.5%. Here’s who feels the squeeze most — and 5 steps to take before the December 9 decision

Budgeting for gasoline

News • 1078 views

Will the Nov. 5 federal budget make life cheaper? What to watch on fuel tax, housing and your registered accounts

Ottawa’s fuel tax break is set to phase out, interest rates just rose and the deficit remains large — here’s what Canadians can expect from the Nov. 5 budget and what to do before it lands

Bank of Canada and concerned senior

Retirement • Oct 27

Bank of Canada survey shows long-term inflation fears at a 4-year high — is your retirement income keeping up?

Canadians now expect inflation near 4% for the next 5 years. Here's which retirement income keeps pace, which quietly loses ground and what to do about it.

Bare trust

Taxes • Oct 24

Is your name on a parent’s account or a child’s home title? What Canadians need to know about CRA bare trust filing

After 3 straight reprieves, certain bare trusts must file a T3 return for 2026. Here’s who the Canada Revenue Agency exempts and what to check before Dec. 31

Rob Carrick and retired happy mortgage-free couple

Mortgages • Oct 24

Why Rob Carrick wants you mortgage-free before you retire — and what rising interest rates have to do with it

Rob Carrick argues Canadians should aim to be mortgage-free before retirement. Here’s how to balance mortgage repayment with retirement savings and rising renewal costs.

Prisoner and McGill University

News • Oct 23

Convicted murderer and McGill law student wants inmates unionized — their pay has been stuck at $6.90 per day since 1981

A push to unionize federal prisoners has put a 45-year pay freeze in the spotlight — and it’s a sharp reminder of what happens to any paycheque that doesn’t keep up with inflation

Bill Clinton

News • Oct 22

Bill Clinton calls Carney 'most well-qualified leader in the world,' but Canada's 68,000 job losses tell a harder story

Political praise and insults won’t pay your bills, but rising unemployment, a looming Bank of Canada decision and a new $9B support plan could affect Canadians’ jobs, mortgages and savings

Screenshots of social media posts

News • Oct 22

Fake Jagmeet Singh ‘arrest’ ads are flooding X — clicks lead to a trading scam targeting Canadians’ savings

The AI-generated images are just bait — the real goal is to get Canadians to deposit their savings on a fake trading platform, then keep you paying to get your money back

Avis car rental sign and driving to Ottawa

Managing Money • 6670 views

Avis billed a Toronto man $5,900 for driving 28,933 km in 7 days — 168 solid hours of driving. How he got it reversed

A data entry error turned a week-long road trip into a $5,900 bill. Here’s how Canadians can challenge an impossible rental charge — and where to escalate when the first answer is no

BMO logo and home for sale in Toronto

Mortgages • Oct 21

IMF flags a bond-market threat — as BMO raises its 5-year fixed rate to 5.14%

Global bond markets are pushing Canadian fixed mortgage rates higher before the Bank of Canada makes a move — and homeowners renewing soon will feel it first.

OAS inflation

Retirement • Oct 21

OAS is up 3% over the year — but Atlantic Canada seniors face 5.7% inflation and a 57.8% jump in fuel oil

OAS is indexed to national inflation, not the cost of heating a home in Charlottetown or Halifax — and that leaves many Atlantic Canadian seniors short heading into winter

CIBC Simplii lawsuit

Banking • Oct 21

Charged $45 twice for one bounced payment? CIBC and Simplii customers could get money back

A proposed $10M class action settlement could put about $35 back in eligible accounts — no claim needed, but your CIBC or Simplii account has to stay open

Lose out on carbon rebate

Taxes • 1005 views

CRA deadline: Canadians could lose up to $1,800 in carbon rebates if they don’t file past tax returns by Oct. 30

The carbon rebate is tax-free and isn’t income-tested, and the people most likely to be owed are the least likely to have filed

Lotto Max

Managing Money • Oct 20

Pay $6, chase $90 million: Inside Lotto Max’s pricier, bigger-jackpot makeover

Lotto Max now costs $1 more per play and promises better odds, but the jackpot odds barely moved — here’s what the record $90 million draw really offers Canadians

Screenshot of CBC attempting to speak to Jonathon Pearce

News • Oct 19

‘Who are you to f- - -ing question it?’: $40M tax refund claim by conspiracy theorist prompts concerns about CRA process

A CBC investigation found the CRA agreed to more than $40 million in bogus refunds for an Ontario man who says Canada doesn’t exist. Here’s why it matters to every taxpayer.

TFSA limit

Managing Money • Oct 19

The TFSA limit is likely rising to $7,500 for the first time since 2024: How to plan for Jan. 1

Inflation indexing all but guarantees a $500 bump in TFSA room for 2027, but the extra space only pays off if you time your contributions and withdrawals and pay attention to these transactions

Investors chasing gold stocks

Investing • Oct 16

Should Canadians investors chase the TSX's best mining stocks after a 2,502% run?

Mining companies grabbed a record 18 spots on this year’s TSX30 list — but a 3-year winners’ ranking is a look in the rear-view mirror, not a buy list

Female shopper examining receipt and looking shocked

News • Oct 16

StatCan: Paycheques rise slower than prices. What the national average raise of 2.3% really buys you

Wages rose 2.3% but prices are up 3%. Here’s what the gap costs Canadians and how to protect your pay

Debt collection

News • Oct 15

Can a lender threaten ‘financial annihilation’ over a loan? A B.C. lender fined $34K highlights what’s off-limits

A Surrey lender must pay $34,000 after Consumer Protection BC found it harassed and misled 6 borrowers. Here’s what debt collectors can and can’t legally do — and how to make them stop

Carolyn Rogers

Mortgages • Oct 15

BoC’s No. 2 confirms interest rates can’t fix housing affordability. What it means for buyers and renewers

Senior Deputy Governor Carolyn Rogers says monetary policy is too blunt to fix housing — so Canadians buying or renewing a mortgage need a plan that doesn’t hinge on the Oct. 28 rate call

Construction on Thind's Lunar Eclipse in Burnaby, BC + Screenshot for Thind Property Developer (on Oct 14, 2026)

Real Estate • Oct 15

$30.5 million in B.C. presale condo contracts just became unenforceable — what buyers should check before walking away

A B.C. Supreme Court ruling found 39 Burnaby presale contracts unenforceable after the developer kept major problems from buyers — but it’s no free pass if your only problem is a falling market

BC car insurance

Insurance • Oct 11

Could auto insurance rates double if the BC Conservatives win? What B.C. residents should know before Oct. 24 election

A letter by Conservative Party of BC leader puts ICBC's no-fault model and private competition on the table before the Oct. 24 vote. Here's what the rate claims rest on and residents should do can do

AI assistant

Investing • Oct 10

Questrade opens trading accounts to ChatGPT and Claude — letting AI draft orders and even execute them

Questrade clients can now use AI tools to read their portfolio, line up trades (for approval) and even trade on your behalf. Here’s what Canadian investors need to consider

Stephen Jarislowsky

Investing • Oct 09

‘Canadian Warren Buffett’ Stephen Jarislowsky dies at 101 — his low-fee, buy-and-hold rules for Canadian investors

Jarislowsky turned $150 into a $40 billion firm. His rules on quality, patience and low fees still apply.

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