Most of Canada to receive emergency alert test today
The federal government will test its capacity to issue emergency alerts today, with the exception of Ontario, where the test will take place on May 15.
Lotto Max draw is the largest prize pool in Canadian lottery history with a projected jackpot of $70 million, as well as an estimated 70 Maxmillion prizes worth $1 million each.
Let's be clear: that is a lot of money. But let's be even clearer: the odds are not stacked in your favour. It is about a one-in-a-33-million chance you are holding the lucky ticket. But I'm an optimistic person, and let's say you win and win big. It could happen. Maybe it's the $70 million or it is $1 million, or even a large windfall. Either way it could be life-altering.
What should you do?
Stop take a minute and breathe and immediately validate your winnings. Don't say a word to anyone and remain silent until you sort out the claim.
Depending on the size of the windfall, it is fair to expect family and friends to come calling along with requests for donations from charities you may or may not be aligned with.
I'm not saying you shouldn't share some of your winnings nor do I think you shouldn't splurge a little. Because I think there is room for both.
What I would recommend is you reach out to a trusted financial adviser, accountant or lawyer to help you develop a plan. A financial plan that is aligned to your new financial situation.
The fundamentals never change regardless of your new net worth:
We have all heard stories of past winners who spent as if there was no tomorrow. Rich one day and poor the next. That doesn't have to happen to you if you have a plan in place.
Once the plan is in place be very clear on how much discretionary spending you will have, how much you will save and how much you will give. Think of this like a three-legged stool. If one leg is off you will be out of balance in more ways than one.
Your financial life is all about balance.
Now go out and celebrate your winnings … responsibly.
The federal government will test its capacity to issue emergency alerts today, with the exception of Ontario, where the test will take place on May 15.
Canadian immigrants threatened by hostile regimes are urging parliamentarians to quickly pass the 'Countering Foreign Interference Act' so they can feel safe living in their adopted home.
Prince Harry, the Duke of Sussex, has made headlines with his recent arrival in the U.K., this time to celebrate all things Invictus. But upon the prince landing in the U.K., we have already had confirmation that King Charles III won't have time to see his youngest son during his brief visit.
A long-simmering feud between hip-hop superstars Drake and Kendrick Lamar reached a boiling point in recent days as the pair traded increasingly personal insults on a succession of diss tracks. Here’s a quick overview of what’s behind the ongoing beef.
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With Donald Trump sitting just feet away, Stormy Daniels testified Tuesday at the former president's hush money trial about a sexual encounter the porn actor says they had in 2006 that resulted in her being paid to keep silent during the presidential race 10 years later.
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An Ontario man says he paid more than $7,700 for a luxury villa he found on a popular travel website -- but the listing was fake.
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Alberta Ballet's double-bill production of 'Der Wolf' and 'The Rite of Spring' marks not only its final show of the season, but the last production for twin sisters Alexandra and Jennifer Gibson.
A mother goose and her goslings caused a bit of a traffic jam on a busy stretch of the Trans-Canada Highway near Vancouver Saturday.
A British Columbia mayor has been censured by city council – stripping him of his travel and lobbying budgets and removing him from city committees – for allegedly distributing a book that questions the history of Indigenous residential schools in Canada.
Three men in Quebec from the same family have fathered more than 600 children.
A group of SaskPower workers recently received special recognition at the legislature – for their efforts in repairing one of Saskatchewan's largest power plants after it was knocked offline for months following a serious flood last summer.
A police officer on Montreal's South Shore anonymously donated a kidney that wound up drastically changing the life of a schoolteacher living on dialysis.