Penniless times
How to not get stuck with a bunch of unwanted pennies.
GST holiday break: Is it good for Canada’s economy?
Economists share how the temporary tax cut and relief cheques may play into Canada’s growth picture.
- The penny is being phased out of circulation starting today and even Google is marking the occasion. Remember, you can still pay for things using pennies (if the retailer allows) but totals will be rounded to the nearest nickel and you won’t be handed back pennies by cashiers. This presents a challenge for the some 600 pennies the average Canadian has lying around their house. Want to get rid of yours? Here are a few ideas.
- A new poll for BMO suggests the average Canadian is planning on saving nearly $10,000 this year but mostly for vacations, luxury items and entertainment. The next most popular saving goals are retirement and emergencies.
- The coming pull-back in equity markets means now’s the time to buy stocks, according to MoneySense contributor Larry MacDonald.
Share this article Share on Facebook Share on Twitter Share on Linkedin Share on Reddit Share on Email
Related Articles
MoneySense at the MoneyShow: ETFs & Investing Strategies
Here’s how to get your free ticket to attend the MoneyShow virtual expo.
Nvidia’s earnings: Blackwell AI chips play into (another) stock price rise
Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips.
Bitcoin approaches USD$100,000 as post-election rally continues
The world’s biggest cryptocurrency topped USD$98,000 on Nov. 21. As it inches ever closer to six figures, investors wonder:...
Canada’s inflation rate increased to 2% in October
Canada’s inflation rate rose to 2% last month, up from 1.6% in September, but a December interest-rate cut is...
Inflation is on target in Canada, so why is food (and other stuff) still so expensive?
Why Canadians are still feeling the squeeze of high food costs, and what to do about it.
Deal or no deal: What to know before shopping Black Friday and Cyber Monday sales
If you’re one of the many Canadians looking for Black Friday and Cyber Monday discounts, here’s how to know...
Where are rent prices headed in Canada?
A new Desjardins report predicts rent inflation will slow in the next few years.
Couldn’t get Eras Tour tickets? Industry practices, lack of competition could be to blame
High demand has made it challenging to get tickets for Taylor Swift and other big artists in Canada, and...