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.

Numbers tell a story.

20+

Years in finance journalism

280

Articles published

39

Financial topics covered

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Bloomberg

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The Globe and Mail

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The Toronto Star

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LATEST

Elon Musk, co-founder of Neuralink in Paris, France 2023 + Lee Marten in hospital

Insurance 2372 views

A BC police officer got Elon Musk's Neuralink implant for ALS — highlights the financial woes for those on disability

Vancouver police sergeant Lee Marten's ALS diagnosis and Neuralink implant highlight what really happens to a Canadian's income after a serious diagnosis

David Chilton at the Nikki Beach Pop-up in 2014 + Cover of The Wealthy Barber

Managing Money 1402 views

The Wealthy Barber is retiring — here's how to check your own retirement plan

David Chilton built trust for almost 40 years. His retirement is a reminder to check your own TFSA, RRSP and FHSA numbers rather than relying on one voice

Suze Orman attends the Forbes and Mika Brzezinski 50 Over 50 Celebration at The Rainbow Room on October 25, 2024 in New York City

Managing Money Jul 03

Suze Orman calls an emergency fund a quality-of-life move — but many use a HELOC, a gap that gets expensive fast

Why Canadians still need an emergency fund — and why a HELOC doesn't count

Flooded sign in front of a duck pond after a heavy storm

Insurance Jul 03

Record life insurance coverage hides a growing gap for Canadian households, with Ontario facing the largest shortfall

A new industry study finds Canadian households are underinsured by 14.5% on average, even as total coverage hits record highs — and Ontario families face the widest gap in the country

White wall with handwritten sketch of money and question marks (Inlay) Ramit Sethi attends the Bilt Holiday Kick Off 2025

Investing Jul 03

Ramit Sethi's $30,000 questions: 4 money moves Canadian professionals keep skipping

Here’s how Ramit Sethi’s $30,000 questions framework applies to salary talks, RRSP matching, TFSAs and mortgage renewals for Canadians

Medical team caring for patient in ICU hospital + (Inlay) CRA headquarters sign and CRA diagram explaining tax scheme

Managing Money 3514 views

CRA warns incorporated professionals: This insurance-based tax loophole isn't real and could cost you jail time

The CRA says some critical illness insurance arrangements are aggressive tax schemes — here's how to know if yours is one, and what to do if you're already in it

High water in the suburban areas - insurance claims

News Jul 02

Home insurance nearly quadrupled in 20 years — and Statistics Canada just explained why

A Statistics Canada study confirms extreme weather is driving home insurance premiums far above general inflation — and the trend is spreading province by province.

Close-up foreclosure real estate sign in front of house

Managing Money Jul 02

Canadian insolvency filings just hit a 17-year high — here's what the rising debt trend means for your money

37,121 Canadians filed for insolvency last quarter, and the pace is accelerating fast enough that it should change how you think about your own debt load

Screenshot of FSRA homepage logo | Closeup shot of man signing sales agreement

Insurance Jul 01

Ontario fines life insurance agents $224,000 for sales violations: Why the penalties are just the start

Ontario penalized 65 agents after finding 184 rule violations — many tied to unsuitable universal life policy sales

Coworkers in a break room

Managing Money Jun 26

Is your employer group RRSP match actually working for you — or are you leaving money on the table?

Employer RRSP matching programs are one of the most powerful retirement tools Canadians have — but vesting rules, opt-in gaps and contribution caps mean most workers aren't collecting the full amount

Coffee mugs with famous quotes from Warren Buffett

Managing Money Jun 26

Warren Buffett's 'spend what's left' rule: why Canadian high earners keep ignoring it

Income rises, but so do expenses — here is how automating your registered savings before spending a dollar can change that equation for good

Jamie Dimon, CEO of JPMorganChase

News 5554 views

CEO Jamie Dimon just torched Prime Minister Mark Carney's big trade plan — and your portfolio could pay the price

The world's most powerful banker just called out Canada's trade pivot as a fantasy. Here's what that means for your investments right now.

Pierrefonds-Roxboro, Quebec, Canada - 29 April 2019

News Jun 24

Canada promised $450M for flood insurance — and 1.5 million homeowners are still waiting as basements fill up

Floods hit Montreal and Edmonton this past weekend. Ottawa promised a national flood insurance program by April 2026. It still doesn't exist — and 1.5 million high-risk households remain without affordable coverage

Equifax website (www.equifax.com) displayed on smartphone

News Jun 19

Ontario just gave residents a free tool to stop identity thieves — and it takes minutes to set up

Starting July 1, a new consumer protection law gives Ontarians the ability to lock their Equifax credit report at no cost. If identity theft has ever kept you up at night, this is worth doing now.

Questrade sign at Toronto office + Close-up of a smartphone screen displaying the Uber app

Investing Jun 19

Questrade wants to let everyday accredited investors buy into companies like Uber before they go public

Pre-IPO access, private equity and institutional-grade credit are coming to everyday Canadian investors this summer. Before you move any money, here's what you need to know.

Screenshot of Wealthsimple Predict | Image of the Wealthsimple trading app

News Jun 19

Wealthsimple Predict lets Canadians trade contracts for as little as $0.01 — but know the risks first

A US$240 billion market is coming to Canadian retail investors — and Wealthsimple just got the green light.

Questrade signage in Toronto + image of investor trading on their phone + Wealthsimple mobile trading app

Investing Jun 18

Cash-secured puts pay you to wait for a stock to hit the price you actually want to buy at

A cash-secured put lets you get paid while you wait for a stock to reach a price you'd actually want to pay

Mobile applications of popular banks in Canada. Bank applications on phone screen.

Banking Jun 18

Canada's next bank might be a fintech: What KOHO's $130M raise means for your money (and the Canadian banking industry)

KOHO is now "late in the final stages" of securing a federal banking licence — a shift that could change how millions of Canadians bank, borrow and protect their deposits

Screenshot of CIRO + Robinhood mobile app

Investing Jun 17

Robinhood is now in Canada — what it means for Canadian crypto investors

The U.S. brokerage just acquired the country's two largest regulated crypto platforms. Here's what changed, what hasn't and what to watch next.

(Inlay) image of tax audit paperwork | Canada Revenue Agency sign in Ottawa

Managing Money Jun 17

The CRA could soon charge you $50 a day for not responding fast enough to an audit

Bill C-31 grants the CRA new powers: Canadians slow to respond to audit notices could face heavy daily penalties even if no taxes are owed.

A woman is standing in front of a yellow ladder.

Banking Jun 12

Renewing a GIC in 2026? With inflation at 2.8% and rates falling, your real return may be smaller than you think

With the Bank of Canada on hold and inflation climbing, millions of Canadians renewing GICs face real returns that may barely beat zero — here's the math and a smarter strategy

(Inlay) BoC Governor Tiff Macklem at G7 | House for sale

Mortgages Jun 11

BoC Governor Tiff Macklem warns 'consecutive' rate hikes are possible — what that means for Canadian mortgage holders

BoC held its overnight rate at 2.25% in June, but issued an explicit warning that oil-driven inflation could force rate hikes. Here's how to think about your debt ahead of potential higher rates.

Governor of the Bank of Canada Tiff Macklem May 2025 | image of Canadian money

News Jun 10

BoC holds for the 5th time — and nobody knows what comes next (but there are still practical steps you can take)

With rates on hold at 2.25% and two-way risk on the table, here’s what Canadian mortgage holders and savers need to do right now

Screen shot of CSA Polymarket notice | Screen shot of r/Claud AI Reddit community

Investing Jun 06

Reddit user’s analysis of 1.3 billion Polymarket trades sparks insider trading and manipulation concerns

A researcher who wired an AI tool into every Polymarket trade ever made found that 4 in 5 traders never profit — and the loss patterns on some accounts look less like bad luck and more like money laundering. Canadian regulators are already watching.

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