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Savings are up, spending is down and debt levels are highThe Canadian household savings rate jumped to 6.9 per cent in the first quarter, a level not seen since 1996, excluding the pandemic. We apologize, but this video has failed to load. Try refreshing...

Canadians are holding the line on spending as they struggle with higher interest rates and inflationNew retail sales data out on Friday showed Canadians are holding the line on spending as they struggle with the double whammy of higher interest rates and inf...

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Women set to inherit trillions in seismic shift in wealth ownership We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: The 'great horizontal wealth transfer' is coming...

Robert McLister: If you want to own a home by age 40, trade school appears to be the way to goYou’re 18, fresh out of high school, and you’ve got home-buying dreams. We apologize, but this video has failed to load. Try refreshing your browser, ortap here...

Exactly how long the finance minister will be left in place to handle the world’s 10th-largest economy is a question markCanada’s finance minister says the country is on track for a soft landing, with inflation in retreat, interest rates on the way down and...

Receipts for retailers fell 0.3 per cent in JuneCanadian consumers likely continued to tighten their belts in June after a sharp spending pullback in May, marking a weak first half of the year for retail sales in the country. We apologize, but this video...

Watch Karl Schamotta of Corpay discuss what's ahead for the Canadian economyKarl Schamotta, Corpay Inc. chief market strategist, talks to the Financial Post’s Larysa Harapyn about how central bank cuts might play out and how political rhetoric could roil mar...

Bond market says 85% chance of another rate cut next weekVariable-rate borrowers should catch another break from the Bank of Canada next week. The bond market is pricing in more than an 85 per cent chance of a 25 basis point rate cut on Wednesday. We apo...

If you overcontribute, the CRA charges a penalty tax of one per cent for every month that any excess contributions stay in your accountReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commissio...