Finance

Here's why the CRA should keep taxing tips even as the U.S. shies away from it

Early on in my career, I started going out for lunches and dinners with key contacts and clients. Providing gratuities, or tips as they’re better known, for good service was, of course, cust...

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Medicare Finances: A Perspective on the 2025 Trustees Report

The brief’s key findings are: Headlines that focus on the exhaustion of Medicare’s Hospital Insurance trust fund miss the big picture. The real problem is that Medicare, overa...

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Watchdogs warn against finfluencers, but here's how they can help

Regulators are warning consumers to be careful about taking ...

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Wall Street thinks the party for Palantir can continue even after a wild rally in 2025 — but there's one key risk

Jemal Countess/Getty Images for Jacob HelbergPalantir is the top-performing stock in the S&P 500 this year, and Wall Street is upbeat about what's ahead.Palantir has been on a tear, climbing 11...

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I moved from an expensive city to a more affordable one abroad. The savings weren't worth the sacrifices, so I went back.

My partner and I eventually realized that a higher cost of living was worth it for the perks living in and near Vancouver could afford us. Maria PolanskyI moved from Vancouver, one of the most exp...

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Dave Ramsey has blunt words for Americans on Medicare, Medicaid

As Americans prepare for retirement, they frquently weigh a variety of financial factors — ranging from Social Security benefits to income sources such as 401(k) plans and Individual Retirement Acc...

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Finance legend Burt Malkiel is still working at 92. He tells BI why people should retire later.

Burt Malkiel is an author and Wealthfront's chief investor.Fairfax Media via Getty Images via Getty ImagesA Wall Street legend says career paths can be winding, and people should retire later if th...

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I think it's time to move my mom in her 90s into assisted living. My siblings disagree — what should I do?

A reader (not pictured) feels their mother needs 24/7 care, but faces resistance from their mother and siblings.Maskot/Getty ImagesFor Love & Money is a column from Business Insider answering y...

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What work looks like in your 80s for half a million Americans

Nearly 550,000 Americans 80 and older are still working, and the number is rising.Getty images; BIHarvey Mendelson is no stranger to reinvention.His career over the last six decades has pivoted fro...

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How does John decide whether to sell or lease his grain farm before he retires next spring?

Q. I farm in Saskatchewan and ...

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Here's who's getting rich from Figma's blockbuster IPO

Hoopla in front of the New York Stock Exchange decorated for the initial public offering of the collaborative design application Figma, on Thursday, July 31, 2025.Richard B. Levine/Sipa USA via Reu...

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Tax court judge slams ‘perpetual tax trap’ on TFSA overcontributions

If you accidentally overcontribute to your tax-free savings account ( ...

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Microsoft CFO calls for 'intensity' in an internal memo, after blowout earnings

Amy Hood, chief financial officer at Microsoft.Stephen Brashear/Getty ImagesMicrosoft's top finance executive sent an internal email to workers calling for "intensity" in 2026.Last week, another me...

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The One “Big Beautiful Bill” Provision That Says It All

How the OBBBA Cuts a Tax that Truly Benefits Only the Mega Rich. Like the majority of Americans, I sometimes find myself unimpressed with the U.S. Congress. In fairness, they have a tough j...

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Oreo-maker Mondelez CEO says Americans are buying fewer snacks: 'There's a lot of consumer anxiety'

Mondelēz International logo and Oreo cookies are seen in this illustration photo taken in Krakow, Poland on September 25, 2021.Jakub Porzycki/NurPhoto via Getty ImagesAmericans are buying fewer Ore...

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Does the return on cottage memories outweigh the return on investment?

Canadians have for generations viewed ...

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Job loss and high costs push Toronto couple to consider move to Vietnam but they worry about CPP, OAS, taxes

James,* 72, and Nguyen,* 46, have been married seven years and, until recently, were worry-free with respect to finances, even with the high ...

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A self-made millionaire says he doesn't believe in index funds — and explains why he doesn't see options as higher risk

Brown and his family reside in Detroit.Courtesy of Jason BrownJason Brown rebuilt his wealth through options trading after early investment losses.Brown's skepticism of traditional investing led hi...

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Andreessen Horowitz is looking to pay $400K+ for a leader to build out a podcast network

Marc Andreessen and his VC cofounder Ben Horowitz announced to employees they'd be donating to Trump-aligned groups.Steve Jennings/Getty ImagesAndreessen Horowitz is searching for a leader to head ...

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It’s time Canada took another look at how it taxes death

In 1789, one of the founding fathers of the United States, Benjamin Franklin, famously wrote in a letter that “In this world nothing can be said to be certain, except death and taxes.” So tr...

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No Tax on Overtime in 2025 Trump Tax Law. What’s the Catch?

The new 2025 Trump tax law includes provisions for “No Tax on Tips” and “No Tax on Overtime.” I covered “No Tax on Tips” in a different post. Let’s look into “No Tax on Overtime” now. If you earn b...

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