AI-powered personal finance is here: for better and for worse

Financial advice at your fingertips is by no means a new innovation.

Yet with the rise of artificial intelligence, getting insights about your money has been taken to new heights of potential benefit — and dangers.

“There is a lot of upside to using AI, especially for budgeting, and it’s often good as a first draft for anything you want to do,” says Monisha Sharma, Toronto-based chief revenue officer at Fig Financial, which provides consolidation, home improvement and unsecured loans.

Fig has some insight on AI’s benefits. The fintech company leverages AI technology to make loans quickly to Canadians, but its use case is contained to Fig’s own specific data to ensure a low error rate.

First school year of cellphone ban well-received: minister

Sweeping restrictions on cellphone use in schools are here to stay, despite frustrations related to inconsistent enforcement and student workarounds during the 2024-25 rollout.

Manitoba banned phones in elementary classrooms last summer and introduced new rules to silence devices and keep them out of sight during Grade 9 to 12 lessons.

“How practical is that going to be in the real world? AI exists. Cellphones exist. Banning them is only going to make us sneakier,” said Diana Bonakdar, who just finished Grade 11 in Winnipeg.

Diana and Nadia Lovallo, the new co-presidents of the student council at St. Mary’s Academy, question the effectiveness of the policy and its long-term impact.

Right To Play International asks people to play and share their stories on Wednesday

As two of Canada's most experienced Olympians, Miranda Ayim and Erica Wiebe have made careers out of playing sports at the highest levels of competition.

But some of their most formative memories are of playing as children with almost no stakes.

"We basically would have a neighbourhood-wide game of tag where we were just jumping fences from yard to yard," said Ayim, who was on Canada's women's basketball team at four Olympics.

"I don't know if our parents really appreciated that, but we felt so adventurous going from yard to yard and running but still feeling safe to do so in that neighbourhood, and enjoying that time and that feeling of freedom."

Rent-free months and gift cards: How Toronto-area landlords are vying for tenants

TORONTO - Toronto landlords are trying to lure in tenants with rent-free months, complimentary Wi-Fi and $500 gift cards amid an unprecedented supply of condos and lower rents.

Real-estate market experts say the fierce competition – which extends beyond the Greater Toronto Area – is giving renters more negotiating power, echoing trends last seen during the COVID-19 pandemic.

Two months of free rent, free parking and gift cards for food delivery or public transit are among thousands of dollars' worth of perks and discounts advertised on Toronto rental listing websites and apps.

While such incentives are ubiquitous in Toronto, landlords in other GTA cities and the Greater Hamilton Area are also locked in a tight contest that benefits renters.

Program offers a promising future

As soon as Anfernee Clarke learned about the Pre-Apprentice Bricklayer Program being offered by First Peoples Development Inc. he was intrigued.

A decade ago an 18-year-old Clarke started working in the construction industry doing concrete work. He loved the physical nature of the work but a back injury he suffered five years ago forced him to temporarily put that career on hold and seek out other employment opportunities.

Now fully healed, he learned about FPDI’s bricklayer program late last year and wasted no time applying. He was one of 12 people who were part of the program’s initial cohort of students when it was launched this past January.

“I made up my mind pretty quickly (about applying),” he says.

Christian Monnin, ou la chance d’un esprit de famille

Christian Monnin a été nommé juge à la Cour du Banc du Roi pour le Manitoba au début du mois de mars, un évènement fortement symbolique au regard de son histoire familiale.

Symbolique, et sûrement unique au Manitoba. Comme son grand-père, Alfred, mais aussi son père, Michel, et également son oncle, Marc, Christian Monnin, ancien président de la Société de la francophonie manitobaine (SFM), est devenu lui aussi juge à la Cour du Banc du Roi.

Si c’est une fonction sur laquelle il serait pour lui difficile de se prononcer en début de carrière, une question s’avère pourtant légitime: le monde dans lequel a grandi Christian Monnin a-t-il pu influer sur ses envies et ses aspirations?

“Il y a d’évidence une question de socialisation, qui s’applique à toutes les familles,” note tout d’abord Christian Monnin. “La première fois que j’ai assisté à une cérémonie d’assermentation, c’était celle de mon grand-père il y a 42 ans, quand il est devenu juge en chef du Manitoba. Je devais avoir 8 ou 9 ans. Ça a été impressionnant, en tant que jeune, de voir cette cérémonie, tout ce monde qui était présent. Je n’ai bien sûr rien décidé à ce moment-là, mais la carrière de juriste a toujours été quelque chose qui mijotait en moi.”

Slow fashion houses embrace made-to-order to reduce waste

TORONTO - On occasion, fashion designer and clothier Katelyn Woodburn is accused of running a scam.

When a customer makes a purchase without reading the "about" section on her website or following her on social media, they might send an email a week or two later saying something like: "Where's my order? It hasn't even shipped yet? What's going on?" Woodburn recounted from her Vancouver studio.

"Which is a totally reasonable response," she added. Consumers are conditioned to expect instant gratification when it comes to clothes shopping, but that's not really how Woodburn does things.

"I'll say, 'Oh, your shirt is being cut out. We're going to sew it tomorrow.' I tell them the whole process of what's happening. And 100 per cent of the time, I get a response going, 'Oh my gosh, I didn't even realize. This is so cool, no rush at all.'"

Canadian news engagement down significantly one year after Meta’s ban: study

MONTREAL - A new study is painting a grim portrait of how local Canadian news outlets are struggling to reach audiences one year after Meta began blocking Canadian news content on its Facebook and Instagram platforms.

The Media Ecosystem Observatory study published today finds that Canadians’ total engagement with news content on social media has been reduced by 43 per cent, despite efforts to increase social media engagement on other platforms.

The social media giant banned Canadian news content after Ottawa passed the Online News Act in June 2023, which compelled tech companies to enter into agreements with news publishers for the use of their content.

Local news outlets, many of which rely on Facebook, have been especially hit hard — 30 per cent of them are now inactive on social media, the study found.

Satirical musical tackles health-care woes in bite-sized chunks

They say laughter is the best medicine. Throw a little song-and-dance into the mix and you get Larry Saves the Canadian Healthcare System — an 11-part web microseries that humorously addresses Canada’s ailing medical system through music and satire.

Sara Kreindler, a professor of community health sciences at the University of Manitoba, spearheads the show, drawing from her extensive research.

“It’s about starting a conversation,” says writer-composer Kreindler, who has a PhD in social psychology. “Whether you’re a health-care provider or just someone curious about the system, I want viewers to come away feeling empowered to hold our elected leaders accountable for addressing the underlying issues.”

Through the character of Larry, played by Winnipeg actor Toby Hughes, viewers embark on a journey navigating the complexities of health-care policy.

Some doctors sneak education into their online content to drown out misinformation

TORONTO - When Dr. Siobhan Deshauer makes online videos, her primary goal is to demystify medicine. Her secondary goal?

"I call it 'smuggling in education,'" said the physician and YouTuber, who boasts nearly a million subscribers on the platform. "You're coming for this mystery and this excitement, but I'm smuggling in some topics that I think are really important and that I'm passionate about."

Some experts say one of the best ways to fight a rising tide of medical misinformation on social media is to drown it out with captivating content backed by science, and Deshauer, an Ontario-based internal medicine and rheumatology specialist, is among a growing cohort of doctors and researchers doing just that.

Take one of her medical mystery videos, for example. In it, Deshauer tells the story of a woman who had lead poisoning. Doctors took ages to figure out what was causing her symptoms, but ultimately realized they were a result of lead in the Ayurvedic supplements she was taking.

Time to replace your car? How to tell when repair bills are no longer worth it

TORONTO - Deciding whether to fix your aging car again or trade it in for a new one can be a tough calculation at the best of times, let alone when financing costs have significantly jumped and car prices have soared.

Whether to repair or replace your car comes down to balancing the cost and utility of the vehicle, according to Ben Mayhew, a financial planner and founder of Aergo Financial Planning in Halifax.

"But when you're in an environment where used car prices and new car prices are significantly higher, we need to go deeper on looking at that balance," he said.

He suggested finding a trustworthy mechanic who can help determine if an expensive repair could help defer acar purchase.

Study shows ‘striking’ number who believe news misinforms

NEW YORK (AP) — Half of Americans in a recent survey indicated they believe national news organizations intend to mislead, misinform or persuade the public to adopt a particular point of view through their reporting.

The survey, released Wednesday by Gallup and the Knight Foundation, goes beyond others that have shown a low level of trust in the media to the startling point where many believe there is an intent to deceive.

Asked whether they agreed with the statement that national news organizations do not intend to mislead, 50% said they disagreed. Only 25% agreed, the study found.

Similarly, 52% disagreed with a statement that disseminators of national news “care about the best interests of their readers, viewers and listeners,” the study found. It said 23% of respondents believed the journalists were acting in the public's best interests.

The joke’s on us as social media capitalizes on our base impulses in race to the bottom

The most important thing we can teach ourselves, and our children, about how to navigate social media is this: the algorithms want you to be angry. They want you to be angry, because it is good for business.

‘Cette terre n’a fait aucun mal’

Le 3 mai, une caravane d’étudiants en architecture paysagiste de l’Université du Manitoba a été accueillie devant le bâtiment d’autogouvernement de la Nation Dakota de Sioux Valley. Ils ont présenté à un comité du conseil de bande leurs plans pour l’aménagement d’un centre de guérison sur les lieux de l’École industrielle indienne de Brandon.

L’École industrielle indienne de Brandon était un pensionnat autochtone où, de 1895 à 1972, des enfants autochtones étaient éduqués par divers ordres religieux selon la politique d’assimilation du gouvernement canadien. Le chef de la Nation Dakota de Sioux Valley, Vincent Tacan, indique qu’il y a grand nombre de survivants de l’ancien pensionnat dans sa Nation.

“Nous avons besoin de guérir. Nous sentons les effets intergénérationnels des pensionnats autochtones. Essayer d’aller de l’avant avant de guérir serait inutile.”

Le Sud-ouest du Manitoba n’a aucun centre de guérison avec un environnement approprié aux cultures autochtones. Le chef Tacan note que les membres de sa Nation en besoin de traitement doivent se rendre à Regina, ou encore en Alberta.

‘A life-or-death program’: non-profit’s successful at-risk youth training awaits Ottawa funding decision

An inner-city non-profit that helps at-risk youth in Winnipeg has warned it will be forced to end an employment and training program March 31 unless government funding comes through.

A year of federal funding is set to run out for Resource Assistance for Youth’s Level Up! program, which has educated and secured work experience for more than 350 young people since 2020.

“We’re in that moment where no level of government has said, ‘We want to continue to support this going forward,’” said Kate Sjoberg, RaY’s executive director.

The paid training program involves six weeks of in-class learning and 12 weeks of work experience with a local employer. Participants also receive housing and mental-health and other supports.

Construction groups miffed by new fee on public-sector projects

Three large construction associations in Manitoba say the cost of huge public projects will soar thanks to a new fee implemented by the province, and they want the auditor general to investigate it.

The fee is applied to projects covered by Manitoba Jobs Agreements, which launched last year to try to ensure more local workers and contractors benefit from big public-sector projects. Builders must pay 85 cents per hour, per worker.

The Winnipeg Construction Association, Manitoba Heavy Construction Association and the Construction Association of Rural Manitoba attacked the fee in a joint letter Thursday.

“The 85 cents per hour has nothing to do with wages of workers on site,” said Darryl Harrison, director of the Winnipeg association. “Every cent… (could) be spent in other ways that help the Manitoba taxpayer.

‘Microshifting’ puts a new spin on 9-to-5 schedules

NEW YORK (AP) — Before the house is humming and her teenagers ask her to whip up breakfast or chauffeur them to school, Jen Meegan reads her company emails and revisits ideas she drafted the night before.

She works for an hour or so, then after the school run shops for groceries or gets gas before returning to focus deeply on her job as head writer and cofounder of Sheer Havoc, a creative services agency.

And so goes the rhythm of her day: working in targeted chunks for a few hours, breaking for an hour or two to tend to family and personal needs, and repeating the pattern until she finishes her work late at night.

Meegan is among the wage earners engaging in “microshifting,” a flexible scheduling approach that involves tackling job duties in short, productive bursts instead of a single nine-to-five stretch. The paid labor fits around and between non-work responsibilities and priorities. Performance is judged primarily by output, with less emphasis on the number of hours logged behind a screen.

More Canadians delivering unpaid care potentially able to access multiple tax credits

The federal and provincial governments are recognizing the service of unpaid caregivers. For all the hours, days and nights of assistance (particularly involving aging family members), a host of tax credits potentially await when filing a return this spring.

“The purpose of these is really a realization that people providing this (unpaid work) have costs others don’t,” says Ryan Minor, Sudbury, Ont.-based tax director for CPA (Chartered Professional Accountants) Canada.

Many could use the tax break.

Statistics Canada points to about one in four individuals ages 15 and older providing care for family members or friends with long-term health conditions.

Traffic reporter Dev Oza steers into slapstick of our daily commute

Did you hear the one about the traffic reporter who moonlights as a standup comic?

International Women’s Day spotlight on invisible work

As I watch my daughter celebrate another birthday, I find myself thinking about work in a different way.

Not the headlines about promotions, pay gaps or glass ceilings (although those still matter), but about the quiet work that keeps organizations running. The work that rarely shows up on a resumé, that does not earn awards or headlines, but without which everything else starts to crumble.

In HR, I see it all the time. There are women in every organization who keep the gears turning, often without recognition. They remember everyone’s birthdays and make sure the new hire feels welcomed. They notice when tensions are brewing between colleagues and take small steps to prevent confrontation. They keep institutional memory alive, quietly teaching the new generation how things work, sharing lessons learned. They fix problems before anyone even notices there was an issue.

This is invisible labour, and it is work. Emotional labour, relational labour, the work that goes into making a workplace humane, functional, and often even enjoyable. It does not show up in org charts. It is rarely celebrated at awards banquets. And yet, it is the glue that keeps workplaces together.