Personal Finance - The Globe and Mail

When should Reid, 59, and Nikki, 62, begin selling their three rental properties to boost savings?

Planner says they should sell their houses one at a time - either soon, or after they have drawn down their financial assets

January 22, 2026. (Nick Iwanyshyn/The Globe and Mail)

January 22, 2026. (Nick Iwanyshyn/The Globe and Mail)

6 min read

young money
Across the political spectrum, ageist provincial budgets fail the young
Paul Kershaw
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These tax changes might affect your filings this year
Tim Cestnick
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Mastercard launches premium tier in Canada with Rogers as debut partner
Barry Choi
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Top 10 last-minute RRSP tips that could make a huge difference for your taxes
Tim Cestnick
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financial facelift
When should Reid, 59, and Nikki, 62, begin selling their three rental properties to boost savings?
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Ex-finance professional’s momentum approach guides his TFSA to an impressive sum
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How this ‘bossy’ sister is making sure the kids get their piece of her father’s estate
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financial facelift
Can this Vancouver couple in their 50s retire in five years and help their kids buy a home?
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Consumer affairs

‘War risk’ premium hitting businesses, consumers as Middle East conflict affects shipping

Knock-on effects could trickle down to consumers purchasing imported food, tech and clothes

(FILES) Containers of Danish shipping and logistics company Maersk stand on a vessel in Copenhagen on September 14, 2023. Maersk, the world's biggest container shipping company, said on March 1, 2026, that it was halting passage through the narrow Strait of Hormuz in the Gulf, next to Iran, for "safety" reasons. (Photo by SERGEI GAPON / AFP via Getty Images)

(FILES) Containers of Danish shipping and logistics company Maersk stand on a vessel in Copenhagen on September 14, 2023. Maersk, the world's biggest container shipping company, said on March 1, 2026, that it was halting passage through the narrow Strait of Hormuz in the Gulf, next to Iran, for "safety" reasons. (Photo by SERGEI GAPON / AFP via Getty Images)

4 min read

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Yesterday

January 22, 2026. (Nick Iwanyshyn/The Globe and Mail)

January 22, 2026. (Nick Iwanyshyn/The Globe and Mail)

financial facelift

When should Reid, 59, and Nikki, 62, begin selling their three rental properties to boost savings?

6 min read

Yesterday

What to know about filing your taxes this year, according to our experts and reporters

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Yesterday

The Home of the Week is a hideaway in Ontario's Parry Sound Remote Area.

The Home of the Week is a hideaway in Ontario's Parry Sound Remote Area.

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Yesterday

A health-care worker is seen at a Toronto hospital on Wednesday, Nov. 30, 2022. THE CANADIAN PRESS/Chris Young

A health-care worker is seen at a Toronto hospital on Wednesday, Nov. 30, 2022. THE CANADIAN PRESS/Chris Young

young money

Across the political spectrum, ageist provincial budgets fail the young

Paul Kershaw

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Yesterday

retire rich

Investors can’t get enough of gold. Is it still a good investment?

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Yesterday

With which country is Trump threatening to cut trade?

With which country is Trump threatening to cut trade?

What country is Trump threatening with a trade embargo? Take our business and investing news quiz

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March 5, 2026

A home for sale in Toronto on February 4, 2026. (Sammy Kogan/The Globe and Mail)

A home for sale in Toronto on February 4, 2026. (Sammy Kogan/The Globe and Mail)

In Toronto and Vancouver, sellers join would-be buyers on the sidelines

3 min read

March 5, 2026

A for sale/sold sign stands in front of residential homes in the Riverside South neighbourhood of Ottawa on Friday, Aug. 30, 2024. THE CANADIAN PRESS/ Patrick Doyle

A for sale/sold sign stands in front of residential homes in the Riverside South neighbourhood of Ottawa on Friday, Aug. 30, 2024. THE CANADIAN PRESS/ Patrick Doyle

The week’s best fixed and variable mortgage rates

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March 5, 2026

I’m 67 and retiring, but my spouse will keep working. Should I wait until 70 to take CPP?

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March 5, 2026

How to choose a mortgage rate in war time

Penelope Graham

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March 5, 2026

The Ontario Superior Court building is seen in Toronto on Wednesday, Jan. 29, 2020. An Ontario court has denied a municipality’s request to clear a homeless encampment, building on recent decisions out of British Columbia that the judge says establish a constitutional right to available and accessible shelter spaces. THE CANADIAN PRESS/Colin Perkel

The Ontario Superior Court building is seen in Toronto on Wednesday, Jan. 29, 2020. An Ontario court has denied a municipality’s request to clear a homeless encampment, building on recent decisions out of British Columbia that the judge says establish a constitutional right to available and accessible shelter spaces. THE CANADIAN PRESS/Colin Perkel

on money

A month? A year? Probate wait times can vary widely depending on where you live

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March 5, 2026

Close-up on hanging files labelled Taxes in filing cabinet.

Close-up on hanging files labelled Taxes in filing cabinet.

opinion

These tax changes might affect your filings this year

Tim Cestnick

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March 4, 2026

(FILES) Containers of Danish shipping and logistics company Maersk stand on a vessel in Copenhagen on September 14, 2023. Maersk, the world's biggest container shipping company, said on March 1, 2026, that it was halting passage through the narrow Strait of Hormuz in the Gulf, next to Iran, for "safety" reasons. (Photo by SERGEI GAPON / AFP via Getty Images)

(FILES) Containers of Danish shipping and logistics company Maersk stand on a vessel in Copenhagen on September 14, 2023. Maersk, the world's biggest container shipping company, said on March 1, 2026, that it was halting passage through the narrow Strait of Hormuz in the Gulf, next to Iran, for "safety" reasons. (Photo by SERGEI GAPON / AFP via Getty Images)

‘War risk’ premium hitting businesses, consumers as Middle East conflict affects shipping

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March 4, 2026

A Canadian flag flies in the Bay Street financial district in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

A Canadian flag flies in the Bay Street financial district in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette

Canada’s savings rates hold steady as global tensions threaten energy markets

2 min read

March 4, 2026

Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.

Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.

podcast

Coming Soon: Season twelve of Stress Test

March 4, 2026

Greater Toronto home sales soared 37 per cent last month compared with the same month a year ago as lower borrowing costs associated with fixed-rate mortgages lured some buyers back to the market. A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy

Greater Toronto home sales soared 37 per cent last month compared with the same month a year ago as lower borrowing costs associated with fixed-rate mortgages lured some buyers back to the market. A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy

the listing

When the sale price doesn’t cover the home seller’s debts, buyer beware

4 min read

March 4, 2026

Deeksha Singh waits for the train at a C Train station in downtown Calgary. Ms. Singh chose not to own a vehicle after calculating how much it would cost her.

Deeksha Singh waits for the train at a C Train station in downtown Calgary. Ms. Singh chose not to own a vehicle after calculating how much it would cost her.

Young Canadians are hitting the brakes on car ownership, new survey finds

4 min read

March 4, 2026

How this ‘bossy’ sister is making sure the kids get their piece of her father’s estate

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March 3, 2026

A woman pushing a stroller on the boardwalk in Toronto’s Beach neighbourhood, are photographed on May 17, 2021. Fred Lum/The Globe and Mail.

A woman pushing a stroller on the boardwalk in Toronto’s Beach neighbourhood, are photographed on May 17, 2021. Fred Lum/The Globe and Mail.

charting retirement

Fertility rates are dropping, but not among older women – and that creates a ripple effect

2 min read

March 3, 2026

NEW YORK, NEW YORK - MARCH 02: Traders work on the floor of the New York Stock Exchange (NYSE) on March 02, 2026 in New York City. Markets were down sharply across the world following the weekend U.S. and Israeli attacks on Iran, with oil prices rising and the Dow falling over 500 points after the opening bell. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK - MARCH 02: Traders work on the floor of the New York Stock Exchange (NYSE) on March 02, 2026 in New York City. Markets were down sharply across the world following the weekend U.S. and Israeli attacks on Iran, with oil prices rising and the Dow falling over 500 points after the opening bell. (Photo by Spencer Platt/Getty Images)

on money

The history of war suggests investors should do nothing

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