Good morning. Tax season is here, markets are rattling even the pros and retirement may not be as close as you think. Today we've got the stories that could change how you plan your next move.
On The Money Today:
Haven't filed your taxes in years? Here's what the CRA can actually do to you
Jamie Dimon says his 'anxiety is high' over AI stocks — what Canadian investors should do now
5 warning signs you might not be ready to retire
Let's get into it.
Reaching your magic retirement number feels like crossing a finish line. But for many Canadians, the financial piece is only part of the picture. From hidden healthcare costs to carrying debt into retirement, these 5 warning signs could mean you're not as ready as you think.
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Buffett treats real estate as a long-term decision — not a short-term play. If you have a mortgage renewal coming up or are shopping for a home, your strategy should prioritize long-term affordability over market timing.
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JPMorgan's CEO is worried — and he's not alone. With AI companies pouring hundreds of billions into each other and valuations hitting record highs, the warning signs of a bubble are mounting. Canadian investors aren't insulated. Here's what to do before a correction hits.
One Canadian went 15 years without filing a single tax return. Sound extreme? It's more common than you think — and the CRA never forgets. Penalties stack fast, interest compounds daily and the agency can garnish your wages without a court order. The good news? There's a clear path out.
TRIVIA
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DID YOU GUESS CORRECTLY?
Think St. Patrick's Day is just an excuse to wear green? Think again. Nearly 15% of Canadians — that's approximately 4.4 million people — claim Irish heritage, making Canada one of the largest Irish diaspora communities in the world. So this March 17, there's a good chance the person next to you at the pub is celebrating more than just a tradition. 🍀
That’s it for today. See you soon with another quick roundup of the financial news that matters.