Finances

Canadian $100 bills are counted in Toronto, Feb. 2, 2016. In an era inundated with scams involving mysterious princes or easy fortunes — if you just hand over a few bucks in advance — you’re probably right to be wary of anyone offering free money. But Sherry MacLennan and Lindsey Moore really might have some cash for British Columbians. Maybe even millions. THE CANADIAN PRESS/Graeme Roy

Have you forgotten a fortune? B.C. team wants to return millions to rightful owners

BC Unclaimed reunites British Columbians with funds abandoned or forgotten

 

Aidan D’Souza, 23, is pictured with his mother during his Seneca College convocation in a 2019 handout photo. D’Souza says he credits his mother for the financially secure position he’s in today, but acknowledges that not all Canadians have parental figures who are financially literate or know how to best guide their children to make wise financial decisions. THE CANADIAN PRESS/HO-Aidan D’Souza, *MANDATORY CREDIT*

It’s ‘never too early, never too late’ to learn financial literacy, experts say

Parents who don’t teach much about money, may lead to kids who feel uncomfortable managing their own

 

Ti Zhang is shown in a handout photo. Decision making of any sort can be difficult to do in a period of grief, let alone decisions related to money, experts say. That’s why they recommend taking time before making any big financial decisions while you’re grieving. THE CANADIAN PRESS/HO-Ti Zhang

‘Give yourself time and space’: How to manage your finances during times of grief

‘None of us make good decisions in that state’

 

A February 2023 Telus Health survey indicates people with debt or financial uncertainty experience worse mental health than those with security. (Credit: Pixabay)

Debt, financial fears impacting Canadians’ mental health, survey finds

Those with financial uncertainty rated significantly lower on Telus Health’s mental health index

A February 2023 Telus Health survey indicates people with debt or financial uncertainty experience worse mental health than those with security. (Credit: Pixabay)
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Businesses expect slower sales in short term as cost, labour issues persist: survey

Canadian Chamber of Commerce research shows one-third of companies expect to raise prices

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Millennial Money: New parents’ finances need nurturing too

Don’t leave money management up to chance when your baby arrives

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Canadians are making their final Registered Retirement Savings Plan contributions, in advance of the deadline. (Black Press Media file)

QUIZ: How much do you know about money and savings?

In January and February, Canadians make their final savings contributions for the tax year.

Canadians are making their final Registered Retirement Savings Plan contributions, in advance of the deadline. (Black Press Media file)
A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

Here’s what you need to know to get a head start on filing your 2022 taxes

Canada Revenue Agency says 92 per cent of Canadians filed online last year.

A sign outside the Canada Revenue Agency is seen Monday May 10, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
B.C. Premier David Eby at the Crofton mill announcement, backed by Minister of Jobs, Economic Development and Innovation Brenda Bailey. (Photo by Don Bodger)

$68.8M to retool B.C. mill to produce wood-based single-use plastic replacements

Government, Paper Excellence investments putting 100 workers back to work in Crofton

B.C. Premier David Eby at the Crofton mill announcement, backed by Minister of Jobs, Economic Development and Innovation Brenda Bailey. (Photo by Don Bodger)
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Tips on how to tackle your holiday debt in January

Looking back and forward can help get your finances where you want them

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An analyst says inflation is eroding household budgets at the same time overleveraged Canadians face sharply rising borrowing costs. (Black Press file)

Debt worries rise amid higher interest rates and persistent inflation: MNP report

Bankruptcy firm’s quarterly consumer debt index at an all-time low of 77 points

An analyst says inflation is eroding household budgets at the same time overleveraged Canadians face sharply rising borrowing costs. (Black Press file)
Falling Canadian dollar coins are pictured in North Vancouver, B.C. Wednesday, May 29, 2019. THE CANADIAN PRESS/Jonathan Hayward

How to help your money grow in 2023 against a backdrop of economic uncertainty

Experts say it’s a good time to invest in the stock market now that prices have come down

Falling Canadian dollar coins are pictured in North Vancouver, B.C. Wednesday, May 29, 2019. THE CANADIAN PRESS/Jonathan Hayward
Many people on social assistance won’t get their December cheques until after Christmas. (Pixabay)

Social Services cheques stuck in the mail due to weather; many won’t arrive until after Christmas

Mail delivery of monthly cheques interrupted by erratic winter storm patterns

Many people on social assistance won’t get their December cheques until after Christmas. (Pixabay)
Can’t sleep at night? You could be worrying about money. (Pexels photo)

Half of Canadians losing sleep over money woes: poll

Just 28% of B.C. residents are getting enough sleep

Can’t sleep at night? You could be worrying about money. (Pexels photo)
Finance Minister Selina Robinson talks about financial aid due to inflation and the cost-of-living increases and support during a press conference at Goudy Field in Langford, B.C., on Wednesday, September 7, 2022. Robinson says preliminary financial numbers for the first three months of the current fiscal year show the province is in a strong position despite ongoing global economic risks. THE CANADIAN PRESS/Chad Hipolito

B.C. says financial outlook improving, forecasts $706 million surplus

Finance minister presented province’s first quarterly report Sept. 12

Finance Minister Selina Robinson talks about financial aid due to inflation and the cost-of-living increases and support during a press conference at Goudy Field in Langford, B.C., on Wednesday, September 7, 2022. Robinson says preliminary financial numbers for the first three months of the current fiscal year show the province is in a strong position despite ongoing global economic risks. THE CANADIAN PRESS/Chad Hipolito
B.C. Auditor General Michael Pickup issued a qualified opinion indicating that parts of government’s financial statements are not accurate. (Office of the Auditor General photo)

Parts of B.C.’s financial statements are inaccurate, auditor general says

Michael Pickup issued ‘unusual’ qualified opinion on three areas of the financial statements

B.C. Auditor General Michael Pickup issued a qualified opinion indicating that parts of government’s financial statements are not accurate. (Office of the Auditor General photo)
Gas hit the listed price of $2.19.9 at one Vernon service station on 25th Avenue at 43rd Street Thursday, June 2. (Roger Knox/Morning Star).

Strategic support for B.C. residents needed as central bank works on inflation: experts

Economist says to expect food prices to stay high for another year

Gas hit the listed price of $2.19.9 at one Vernon service station on 25th Avenue at 43rd Street Thursday, June 2. (Roger Knox/Morning Star).
A tradesperson works on a balcony at a condo tower under construction, in Burnaby, B.C., on Wednesday, March 2, 2022. The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away. THE CANADIAN PRESS/Darryl Dyck

Higher interest rates push homes sales in B.C. back toward normal: association

British Columbia Real Estate Association estimates a balanced market is at least a year away

A tradesperson works on a balcony at a condo tower under construction, in Burnaby, B.C., on Wednesday, March 2, 2022. The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away. THE CANADIAN PRESS/Darryl Dyck
A for sale sign displays a sold home in a development in Ottawa on July 6, 2015. Earlier this month, the Liberal government unveiled a new mechanism for Canadians looking to save for a down payment on their first home: a fresh tax-free savings account.THE CANADIAN PRESS/Sean Kilpatrick

How to save for a down payment: navigating Canada’s investment savings accounts

Tax-free first home savings account offers a new way to make a down payment on first property

A for sale sign displays a sold home in a development in Ottawa on July 6, 2015. Earlier this month, the Liberal government unveiled a new mechanism for Canadians looking to save for a down payment on their first home: a fresh tax-free savings account.THE CANADIAN PRESS/Sean Kilpatrick
Mike Davies/Campbell River Mirror

Dealing with a workplace pension can be first big investing decision for young people

For millennials, figuring out what to do with a pension plan after leaving a job can be daunting

Mike Davies/Campbell River Mirror