Finance

OTO received highest number of complaints about CRA in three years, report says

The Office of the Taxpayers’ Ombudsperson (OTO) received the highest number of complaints in three years, according to its latest annual report released this week. The OTO, which is responsible f...

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The AI trade should be the anchor of a revamped 60/40 portfolio, Apollo's chief economist says

BRYAN R. SMITH/AFP via Getty Images; Bloomberg/Getty ImagesThe 60/40 portfolio allocation between stocks and bonds doesn't work in the AI era, a top economist says.Apollo chief economist Torsten Sl...

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Andrew Chau: Why does Canada's most innovative talent leave? Because we tax risk-taking instead of rewarding it

We have a strange habit in Canada: We celebrate when a U.S. firm acquires one of our high-growth startups, treating a foreign buyout as a badge of honour. In reality, these acquisitions are a sy...

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Apple's price hikes just breathed new life into the memory stock trade

WWDCApple CEO Tim Cook said price hike are "unavoidable." The company is responding to soaring costs for memory chips. SanDisk and Micron surged as Cook's comments confirm the supply shortage isn't...

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How to prevent multigenerational households from descending into financial resentment

When grandparents, parents and adult children decide to live under one roof, the arrangement is usually discussed around the kitchen table rather than laid out in a spreadsheet. While it can be a ...

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Better off together? Investors weigh up a potential SpaceX-Tesla merger

Tesla and SpaceX already share a lot of DNA.SERGIO FLORES/AFP via Getty ImagesFor Tesla and SpaceX, chatter is growing that two might become one.SpaceX's stock surge has left Tesla in the dust, and...

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Are premium rewards cards fair or foul? Let us know in our survey.

Lindsey Nicholson/UCG/Universal Images Group via Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.The ...

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'The Diary of a CEO' star Steven Bartlett is looking to his superfans for his next phase of growth

"The Diary of a CEO" host Steven Bartlett is eyeing a paid membership program.Todd Owyoung/NBC via Getty ImagesStar podcaster Steven Bartlett is the latest creator eyeing a paid membership program....

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My mom was the glue in our family. After she died, the rest of us had to learn her role.

The author (left), shown with her two sisters and their mother, says they have all had to step into new roles since their mom passed away.Courtesy of Alyssa Wiens.My mom died in 2019 when I was 27 ...

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The sneaky luxury tax hiding in your wallet

Getty Images; Alyssa Powell/BIThe prospect of paying almost a thousand dollars just to have a certain credit card in your wallet is, when you really think about it, ridiculous. Imagine trying to ex...

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This 'anti-bot' startup wants to pay you to interact with brands. Read the pitch deck it used to raise $18.5 million.

EarnOS founder and CEO Phil George.EarnOSEarnOS has launched an app to help brands get engagement from verified humans rather than AI bots.The startup pays rewards for users who engage with brands ...

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A macro strategist lays out 3 'boring' trades set to thrive as speculation fizzles in the 2nd half of 2026

Michael M. Santiago/Getty ImagesMega-IPOs and speculative tech trades have dominated the market narrative lately. Yet, Janus Henderson says investors should focus on less flashy trades. The firm's ...

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CRA will clip your wings if you take a personal ride in the corporate jet

Thinking of hitching a free ride on the corporate jet this weekend? Be forewarned – unless you’re travelling for work, the Canada Revenue Agency’s view is that you’ve enjoyed a taxable benefit , e...

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There are still 4 Iran-war issues to be addressed before the economy can declare 'all-clear,' Mohamed El-Erian says

Ships travel in the Strait of Hormuz after Trump announced a US-Iran deal.Stringer/ReutersTrump said a draft peace agreement has been reached and is on track to be signed by the US and Iran.The glo...

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AI token costs are forcing companies to rethink how they hire, budget, and manage usage

Nick Little for BIPylon CEO Marty Kausas had to make a difficult choice: scale back token spending, or stomach a $1.4 million bill.Kausas said that his AI software company was fast approaching 150 ...

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Over 50% of Canadians who don't already own homes don't plan to buy in the coming year, survey says

A majority of people who aren’t already homeowners have no plans to buy a house within the next year, according to a recent survey. A poll of 1,501 Canadians on homeownership sentiment by persona...

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CMOs are getting more responsibility — without power

Nearly 80% of marketers say bureaucracy gets in the way of their decision-making, per a new report from the brand consultancy Lippincott.DNY59/Getty ImagesA version of this post appears in the CMO ...

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The Truth About Debt

The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information.Olga Pankova/Getty ImagesAchieve, a digita...

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'I have beef with them': Mrs. Dow Jones explains why she thinks the FIRE movement is a 'sham'

Roy Rochlin/Getty Images for Big Brothers Big Sisters of AmericaHaley Sacks is pushing back against the Financial Independence, Retire Early (FIRE) movement.The disciples of FIRE often go to length...

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Forget Walmart: This E-Commerce and Fintech Giant Is Growing 40% YoY and Is a Better Buy

The post Forget Walmart: This E-Commerce and Fintech Giant Is Growing 40% YoY and Is a Better Buy appeared first on 24/7 Wall St.. ...

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The case for the Knicks' Jalen Brunson as the most valuable employee in America

Adam Gray/Getty ImagesJalen Brunson solidified himself as a NYC legend by carrying the Knicks to an NBA championship.The team's title trajectory can be traced back to a selfless business decision m...

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