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World News Wednesday, August 19, 2026 4 min read

Here’s My Plan for Turning $14,000 Into Lifelong TFSA Income

The Tax-Free Savings Account (TFSA) offers unmatched financial flexibility, which is why storing idle cash in it is not only a big mistake but also a wasted opportunity. Tax-free compounding…

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Aug 19, 2026 World News

Parents, Mark Your Calendars: Your Next CRA Cheque Comes August 20

Raising kids in Canada is not cheap. Between groceries, child care, and the back-to-school shopping rush, family budgets can get squeezed. Hence, the Canada Revenue Agency’s next scheduled payment could…

Aug 19, 2026 World News

JPMorgan just flagged a slow-building food crisis

Fear travels faster than arithmetic — and it moves fastest around the one household bill you cannot skip, defer, or really shop your way out of. Groceries have been the…

Aug 19, 2026 World News

TSX Today: What to Watch for in Stocks on Wednesday, August 19

The selloff in Canadian stocks continued for the third consecutive session on Tuesday as weaker metals prices, inflation worries, and ongoing U.S.-Iran tensions kept investors cautious. The S&P/TSX Composite Index…

Aug 19, 2026 World News

66-year-old discount retailer closes hundreds of stores

A bad economy should, in theory, push people to shop at value-based chains rather than traditional retailers. For chains like Costco and Walmart, which have steadily reported sales increases, that’s…

Aug 19, 2026 World News

Popular shoe brand's stock erased $200 billion in market value

Nike (NKE) hit its highest stock price ever in November 2021, riding pandemic-era sneaker demand that seemed unstoppable at the time. Nearly five years later, that peak looks like a…

Aug 19, 2026 World News

Samsung’s $2,100 phone tests how much consumers will pay to fold

There was a time when $1,000 for a phone seemed absurd. Now Samsung is asking certain customers to pay more than twice that. The Samsung Galaxy Z Fold 8 Ultra…

Aug 19, 2026 World News

Here’s How I’d Turn $14,000 in a TFSA Into a Cash Machine

Turning a Tax-Free Savings Account (TFSA) into a reliable source of income doesn’t necessarily require a large investment. With just $14,000 invested in high-quality dividend stocks, investors can gradually build their…

Aug 19, 2026 World News

Is This the Stock That Could Make You a Millionaire?

Believe it or not, Canadians who open a Tax-Free Savings Account (TFSA) are potential millionaires. Data from the Canada Revenue Agency (CRA) confirms that this tax-advantaged account has already produced…

Aug 19, 2026 World News

Are You Behind on Your RRSP? Here’s What 50-Year-Olds Have

Turning 50 is often a financial wake-up call. Retirement may still be more than a decade away, but the timeline is close enough that investors naturally begin asking whether their…

Aug 19, 2026 World News

The Most Expensive TFSA Mistake Investors Are Making Right Now

The most expensive Tax-Free Savings Account (TFSA) mistake doesn’t arrive with a CRA penalty or an alarming letter. It looks perfectly responsible. Cash sits safely in the account while its…

Aug 19, 2026 World News

RRSP Investors: 2 Discounted TSX Dividend Stocks to Consider Now

The pullback in the share prices of some TSX industry leaders is giving self-directed Registered Retirement Savings Plan (RRSP) investors a chance to pick up decent dividend yields while setting…

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