Good morning. Whether it's your next flight, your family dinner table or your retirement savings — unexpected costs are showing up in places most Canadians least expect right now.
On The Money Today:
The Iran war just made your next flight a lot more expensive — here's how to soften the blow
Dad charged his adult daughter $300 rent. She called it theft — here's who the Ramsey Show says is right
Canada's $1.3 trillion debt is quietly draining your wealth — here's what to do about it
Let's get into it.
Jet fuel costs spiked 58% in a single week following the attacks on Iran — and Canadian airlines are already passing those costs on to passengers. Air Transat has added surcharges, Air Canada is adjusting fares and WestJet says more increases are coming. Here's what travellers can do right now to keep costs down before prices climb further.
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A father asked his adult daughter — a registered nurse with no debt and a steady income — to pay $300 a month in rent. She accused him of stealing. The Ramsey Show had a blunt verdict. Here's how to navigate the money conversation that tears families apart and turn it into a financial opportunity for everyone.
Every baby born in Canada enters the world carrying more than $33,000 in federal debt — and interest payments alone are projected to hit $76 billion by 2030. Ray Dalio warns we're in the late stages of a major debt cycle and the purchasing power of your dollar is already shrinking. Here's what savvy investors are doing to protect their wealth before it gets worse.
MORE FROM MONEY.CA
HOMEBUYING: He kept the mortgage in his name after divorce to protect his kids — now it's blocking him from buying his own place
STOCKS: Is Your Portfolio Too Canadian? Here's Why It Could Be Costing You More Than You Think
REAL ESTATE: Grant Cardone says if he had $50K, he'd put it in real estate before anything else — and everyday investors can do the same
PERSONAL LOANS: Your furnace just died and your home equity line takes 8 weeks to approve. Here's why a personal loan might be the smarter fix
That’s it for today. See you soon with another quick roundup of the financial news that matters.