Romana King
Romana King

Romana King

Senior Editor
Their Top Finance Tip Smart money management isn't about getting it right; it's about using what actually works when life gets messy.

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Years in finance journalism

257

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39

Financial topics covered

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LATEST

(Inlay) BoC Governor Tiff Macklem at G7 | House for sale

Mortgages 1608 views

BoC Governor Tiff Macklem warns 'consecutive' rate hikes are possible — what that means for Canadian mortgage holders

BoC held its overnight rate at 2.25% in June, but issued an explicit warning that oil-driven inflation could force rate hikes. Here's how to think about your debt ahead of potential higher rates.

Governor of the Bank of Canada Tiff Macklem May 2025 | image of Canadian money

News Jun 10

BoC holds for the 5th time — and nobody knows what comes next (but there are still practical steps you can take)

With rates on hold at 2.25% and two-way risk on the table, here’s what Canadian mortgage holders and savers need to do right now

Screen shot of CSA Polymarket notice | Screen shot of r/Claud AI Reddit community

Investing Jun 06

Reddit user’s analysis of 1.3 billion Polymarket trades sparks insider trading and manipulation concerns

A researcher who wired an AI tool into every Polymarket trade ever made found that 4 in 5 traders never profit — and the loss patterns on some accounts look less like bad luck and more like money laundering. Canadian regulators are already watching.

Looking for new job on internet ads

Employment May 30

The Canadian Anti-Fraud Centre warns fake job listings are rising fast — here's what to know

Fake job offers on WhatsApp, Instagram and AI-generated listing sites cost Canadians over $49 million last year. Here's what every job seeker needs to watch for.

People walking by Maple Syrup products display store stand at Jean-Talon farmers market in Montreal, Quebec

News May 28

Canada controls 75% of the world's multi-million dollar maple syrup industry — and now fraud is threatening it

The Federation of Quebec Maple Syrup Producers manages a $844M global export business — but misrepresentation claims are creating real trade and reputational risks for Canadian producers.

Distrustful and anxious retiree on a service help call.

Managing Money May 27

Fraud victims may be missing thousands of dollars in CRA tax deductions

Over three million Canadians joined the federal CDCP, but a lack of registered dentists often leaves families facing full out-of-pocket costs. Here is how to manage your dental care and finances.

A roadside promotional sign for "DentisTree Family Dental Clinic" announces its acceptance of CDCP patients and lists business hours on Richmond Rd in Ottawa, Canada

Managing Money 2268 views

A $200-a-year dental benefit could cost low-income Canadians far more in clawed-back GIS

The Canada Dental Care Plan (CDCP) isn't taxable — but it is tied to your CRA filing status and income. Miss the deadline or earn slightly more, and you could lose far more than dental coverage.

Finluencer Jayconomics found guilty by Alberta regulator for breach of securities law

Investing May 26

Finfluencers, AI scams, and bad bank advice: What the OSC watchdog revealed in annual report

Canada's investing system is being gamed — and most Canadians have no idea it's happening. The OSC annual report is a clear-eyed warning for every Canadian with money in the market

Gareth West was arrested in Quebec, as an alleged mastermind in "grandparents scam" + Pittsburgh state troopers at G20 in 2009

News May 14

The 'grandparent scam' just cost seniors up to $3.5M — here's how to protect your family

The conviction of a Montreal-linked fraud mastermind reveals how 'grandparent scams' drain seniors' savings — and what families can do before it happens to them

An empty Bridge to USA, entrance to the US-Canada border at Windsor, ON, during travel restrictions due to COVID-19

News May 13

A 42% drop in Canadian visits to U.S. cities signals a broader shift beyond tourism

Cell phone data from the University of Toronto reveals that Canadians aren’t just skipping beach vacations — they’re pulling back from business travel too

Image of a person shopping on their phone on the Shein website (Inlay) screenshot of Texas Attorney General lawsuit

News May 09

Shein clothing tested at 3,300x the safe chemical limit — and Canada has no system to catch them at the border

A Texas lawsuit, using Greenpeace testing, found lead, PFAS and phthalates in Shein products. Here’s why this matters and how to protect yourself

Contactless ATM machine for payment by Bitcoin cryptocurrency.

News May 06

Canada’s crypto ATM ban: what it means for Canadians and scam victims

Due to fraud and money laundering concerns, Canada is proposing a criminal ban on cryptocurrency ATMs. If you've used or been urged to use one, here's how this change affects you

Active trader laughing while chatting on a headset

Investing 3685 views

Canada's securities regulators just changed the rules for millions of stock trades — here's why it matters

Canada's securities regulators have lowered the maximum fee brokerages and marketplaces can charge to execute a stock trade. Here's what that means for your portfolio

Happy couple shopping for home renovation supplies

Loans May 01

Payday loans and credit scores: What Canadians need to know — and 4 ways to build credit instead

Payday loans rarely help your credit score and can actually wreck it. Here's how the system works and what Canadians can do instead to actually build credit

(Inlay) Andrew DiCapua, Principal Economist for the Canada Chamber of Commerce + outside the Canada Chamber of Commerce building

News Apr 30

Economist warns Canadian businesses are being "squeezed" and BoC relief is still a year away

Economist: Here’s what insight from the Bank of Canada April Monetary Policy Report means for Canadian businesses and employees across the nation.

Image of Canadian money + Bank of Canada Governor Tiff Macklem

Mortgages Apr 29

BoC holds rates again —to protect your finances, mortgage expert urges Canadians to drop one dangerous habit

The Bank of Canada has held its rate for the fourth consecutive time. Here’s what home buyers, mortgage holders and those facing renewal should do to protect their finances

Photo of Canada's $20 bill + BoC Governor Tiff Macklem

News Apr 29

BoC's Tiff Macklem holds rates amid concerns of stagflation dilemma — here's what it means for your finances

The Bank of Canada held its overnight rate at 2.25% for the fourth consecutive time — leaving millions of Canadians with variable-rate mortgages and high debt loads in a prolonged holding pattern

Toronto Police Services Detective Sergeant Lindsay Riddell speaks to media on Project Lighthouse + Image of SMS blasters in back of a car

News Apr 28

Is your bank text real or a trap? What Canada's first SMS blaster bust means for your money

Three men face 44 charges after a rogue fake-tower device silently hijacked tens of thousands of GTA phones and sent convincing bank and government impersonation texts. Here's what to do

Aeroplan points

News Apr 28

Air Canada is hiking Aeroplan costs up to 67% on premium flights — and your window to book is closing fast

Air Canada's Aeroplan program is raising the points cost on dozens of routes starting June 1, 2026. If you're holding a balance, the time to redeem — or plan — is now

Image of Canadian paper currency

News Apr 27

Canada's inflation jumps to 2.4% — is a Bank of Canada rate hike now on the table?

Canada's inflation rate hit 2.4% in March, driven by Middle East energy prices. Financial markets now price a 75% chance of a rate hike by year-end — and variable-rate borrowers need to take notice.

Couple discussing finances looking stressed

Credit Cards Apr 19

Only 8% of Canadians used this 0% interest strategy last year — it can save you $1,100 on credit card debt

With credit card debt averaging $4,500 per Canadian, a 0% balance transfer offer could save you hundreds in interest — but only if you know the terms

Older man checking his finances online

Retirement Apr 18

Canadians paying $1K/yr in credit card interest could use these funds to build $30,000 in RRSP savings instead

Canadians carrying the average credit card balance into their late working years aren’t just paying interest — they’re trading retirement security for minimum payments

Stressed woman reviewing finances

Credit Cards Apr 17

1.4M Canadians missed a credit payment in 2025 — here's who can still qualify for a balance transfer card

Missed a credit payment? Equifax data shows Canadians are at risk of losing access to balance transfer cards

Family walking in airport + (Inlay) Screenshot of NEO Financial World Elite Mastercard

Credit Cards Apr 16

Are you overpaying for your travel card? This new $89 option is worth a hard look

NEO’s new World Elite Mastercard launched April 15, bringing premium travel perks — including a free checked bag, lounge access and a NEXUS credit — at a price $50 less than competitors

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