B.C. seeks ban on public drug use, dialing back decriminalization
The B.C. NDP has asked the federal government to recriminalize public drug use, marking a major shift in the province's approach to addressing the deadly overdose crisis.
If you were smart enough to sell your car during the pandemic you are to be applauded. Cars tend to lose value over time and new cars are the worst. The minute you drive a car off the lot it goes from new to used – a phenomenon often referred to as the new car hit. Most of us shrug this off with the excitement, trumping financial common sense.
The pandemic proved, for many, the luxury of owning a car, only to have it depreciate by the day as it sat idle due to work from home mandates, lockdowns and restrictions. At the time, selling it likely seemed a smart money saving move.
Now, however, with demand picking up and prices surging, you might be wondering if you made the right decision to sell when you did?
I would argue you did make the right decision.
However, you are to be forgiven if now there is a slight panic creeping into your thought. If back to work orders are put into place in the fall and your preferred mode of transportation is gone, what are you going to do?
Before you decide to rush out and replace your vehicle – pause, breathe and evaluate your situation.
At the best of times, buying a new car isn't always the best money move, and, in an ironic sort of way, the pandemic brought this to the attention of many. So, I would hit the pause button on a car purchase for now and here's why:
Cars have often been referred to as a mobile money pit and for good reason. Expenses associated with car ownership can be more of a financial drain than you realized. From the purchase price, to insurance and let's not forget gas.
I get it.
Driving the car off the lot is an amazing high and picking up friends and family can seem like a nice thing to do. And it is. But not always at your expense.
So once again I reiterate, selling your car during the pandemic may have been one of the best money moves you made this year and buying it back could prove to be one of the worst – especially if you have to borrow money to buy a new car.
Proceed with caution. If you absolutely have to consider a car, buy used. Borrowing money to buy an asset that drops about 30% the minute you drive it off the lot never makes financial sense, especially if you are already scrambling to make ends meet.
The B.C. NDP has asked the federal government to recriminalize public drug use, marking a major shift in the province's approach to addressing the deadly overdose crisis.
An orca whale calf that has been stranded in a B.C. lagoon for weeks after her pregnant mother died swam out on her own early Friday morning.
Donald Trump's defence team attacked the credibility Friday of the prosecution's first witness in his hush money case, seeking to discredit testimony detailing a scheme between Trump and a tabloid to bury negative stories to protect the Republican's 2016 presidential campaign.
Sophie Gregoire Trudeau says there is 'still so much love' between her and Prime Minister Justin Trudeau, as they navigate their post-separation relationship co-parenting their three children.
The Canadian Transportation Agency has hit a record high of more than 71,000 complaints in a backlog. The quasi-judicial regulator and tribunal tasked with settling disputes between customers and the airlines says the backlog is growing because the number of incoming complaints keeps increasing.
More than 115 people who viewed the solar eclipse in Ontario earlier this month experienced eye damage after the event, according to eye doctors in the province.
An Ontario man who took out a loan to pay for auto repairs said his car was repossessed after he missed two payments.
Philadelphia 76ers All-Star centre Joel Embiid has been diagnosed with Bell’s palsy, a form of facial paralysis he says has affected him since before the play-in tournament.
An American Airlines flight attendant was indicted Thursday after authorities said he tried to secretly record video of a 14-year-old girl using an airplane bathroom last September.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
A property tax bill is perplexing a small townhouse community in Fergus, Ont.
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The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
A local Oilers fan is hoping to see his team cut through the postseason, so he can cut his hair.
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A former educational assistant is calling attention to the rising violence in Alberta's classrooms.
The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”
At 6'8" and 350 pounds, there is nothing typical about UBC offensive lineman Giovanni Manu, who was born in Tonga and went to high school in Pitt Meadows.