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advisor mutual funds
U.S. Treasury’s US$1-trillion borrowing drive set to put banks under strain
US Capitol
opinion
Adult kids are spending thousands a year to support parents who didn’t save enough for retirement
Rob Carrick
cost of living
How much money do I need to take a career break?
Sonia Datta, who is taking a year off work, is photographed with Chewie, her seven year old Morkie (Maltese Yorkshire Terrier mix) at Toronto’s Music Garden on May 31,2023. (Fred Lum/The Globe and Mail)
featured reports
Stress Test French transcript: Why more Canadians are giving up on home ownership
Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
cost of living
Is there a financial ‘advice gap’ for non-wealthy Canadians?
Two women at a meeting with a financial advisor
carrick on money
I love you, but step away from the thermostat
Rob Carrick
economy
Credit card balances increase in first quarter as mortgage market slows, Equifax Canada says
Credit cards are displayed in Montreal on December 12, 2012. Canadians may see a jump in businesses adding credit card surcharges as restrictions on the practice lift. THE CANADIAN PRESS/Ryan Remiorz
cost of living
Don’t let closing fees catch you off guard when buying a home
investor newsletter
Tips for investors who want to lock in today’s high bond and GIC yields for the long term
financial facelift
Can Geoff and Lily draw on a $1.2-million capital gain in a tax-efficient way?
(Christopher Katsarov/The Globe and Mail)
globe advisor weekly newsletter
How eliminating cash flow crunch makes it easier for parents to help adult children
Joe Saccone files his daughter, Julie Saccone's 2008 taxes in their Toronto home on April 25, 2009. JENNIFER ROBERTS FOR THE GLOBE AND MAIL tory details: They can debate the pros and cons of the proposed auto-industry bailout with ease. But ask them to prepare a tax return, and panic ensues. For most working Canadians, tax time is met with an air of resigned acceptance, the knowledge that they must deal with life's inevitabilities, however unpleasant, head on. But for some adults, income-tax season is a signal to hunt down receipts and T4 slips and do what they've done every year since they started working: hand them over to mom or dad. And as the economic downturn continues, many adult children are finding that, more than ever, there's little reason to start paying an accountant for what their parents are giving away free. "I don't think it's necessary to have an added cost associated with doing my taxes," said Julie Saccone, a 30-year-old Toronto professional whose father still does her taxes. "People are trying to find ways to save money. Now, more than ever, they should be looking to their family." Ms. Saccone said her dad has always prepared her taxes, and trying to take a stab at it herself would be an overwhelming task.
featured reports
Stress Test transcript: Why more Canadians are giving up on home ownership
Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
featured reports
Stress Test transcript: How soaring rents are transforming student life
Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
featured reports
Stress Test French transcript: How climate anxiety is shaping small and large financial decisions
Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
featured reports
Stress Test French transcript: ‘Punched in the face by my investments’: How to endure stock market swings
Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
featured reports
Stress Test transcript: ‘Punched in the face by my investments’: How to endure stock market swings
Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
featured reports
Stress Test transcript: How climate anxiety is shaping small and large financial decisions
Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
inside the market
Gordon Pape’s mailbag: An interesting tech spinoff, royalty trust risks, figuring out GIS and other investing dilemmas
opinion
Gen Z thinks you need to make $100,000 to live comfortably – how realistic is that?
Rob Carrick
report on business
Total Canadian debt hit new record in first quarter, TransUnion says
A new report suggests Canadian's worries about debt are rising amid rising interest rates and inflation. Credit cards are displayed in Montreal, Wednesday, December 12, 2012. THE CANADIAN PRESS/Ryan Remiorz
your practice
From self-care to charity: What are the best ways to use a tax refund?
Young heterosexual couple sitting in their living room and checking their finances. Man holding cute toy dog in his lap.
featured reports
Stress Test French transcript: Save money and the planet: How thrifting can help combat inflation
Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
featured reports
Stress Test transcript: Save money and the planet: How thrifting can help combat inflation
Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.
investor newsletter
Why most Canadian investors still pay nearly $10 to trade stocks online, while Americans typically pay zero
cost of living
The rise of illicit online payday lenders: Non-stop collection calls, no licence and no address
The Cash2Go web site In Calgary, Alberta, May 18, 2023. Todd Korol/The Globe and Mail
opinion
Planning for the unpredictable – how to address longevity risk in retirement
Simon Barcelon
paycheque project
B.C. couple earning $160,000 are weighed down by debt but plan to start saving for their wedding
cost of living
How do these five popular cash-back grocery apps measure up?
A meat counter in a grocery store is seen in Montreal, on Thursday, April 30, 2020. Efforts to craft a Canadian grocery code of conduct have reached a major milestone as a final version of the code is shared with food industry members and a consultation process begins.THE CANADIAN PRESS/Paul Chiasson
globe advisor weekly newsletter
How universal long-term care services could help ease financial burden
senior man with care worker at home
cost of living
Three reasons why mortgage refinances are disappearing and what borrowers are doing
Robert McLister
advisor news
Five mistakes self-employed people make when filing their taxes
Given the proposed tax changes, and the fact that Dec. 31 is approaching, here is a list of tips to consider before the year’s end that could make life less taxing if you’re a business owner.
inside the market
Rob Carrick: How firing your adviser to buy index funds could backfire
inside the market
Cash is king. Here’s why we should resist its allure
Save money in glass jar. Hand throw gold coins in moneybox. Saving deposits. Investment in retirement. Wealth, income concept. Cash falling in bottle
investor clinic
How to reinvest dividends? Let us count the ways
For Investor Clinic column in Globe Investor/ROB only.
financial facelift
Can Alan, 53, generate enough dividend income to retire comfortably in seven years?
May 11th, 2023. Duane Cole/The Globe and Mail
investor newsletter
Still got some money to invest safely? GICs look interesting again
A man looks up as he leans a red ladder against a tall stack of coins that is topped with an interest rate symbol.