{"id":780360,"date":"2026-07-23T18:52:27","date_gmt":"2026-07-23T18:52:27","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/780360\/"},"modified":"2026-07-23T18:52:27","modified_gmt":"2026-07-23T18:52:27","slug":"news-of-the-day-boomers-unloading-their-stuff-tfsa-overcontributions-privatizing-airports-early-retirement-rogers-beats-expectations-and-more","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/780360\/","title":{"rendered":"News of the day: Boomers unloading their stuff, TFSA overcontributions, privatizing airports, early retirement, Rogers beats expectations and more"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/0947F8C1C148941F13069DF00D4522FA64F6BF7D0043AEC6AF09DB466D10320F\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Ffinancial_post_articles_610%2Ff0346924c25856cb9a7687deccb537e4\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"June Cotte\" height=\"720\" width=\"960\" class=\"yf-lf2kr7 loader\"\/><\/a> June Cotte, a professor of marketing at the University of Western Ontario&#8217;s Ivey Business School, sits on a couch she inherited from her parents at her home in London, Ont. The gen Xer is actively choosing to de-clutter to spare her children what she went through.  (Credit: Contributed\/Joe Crim)               <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">It&#8217;s Wednesday, July 22. Here are the top stories we&#8217;re following today.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/financialpost.com\/personal-finance\/baby-boomers-try-unload-stuff-nobody-wants\" data-ylk=\"slk:Baby%20boomers%20are%20trying%20to%20unload%20their%20stuff.%20Does%20anybody%20want%20it%3F;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Baby boomers are trying to unload their stuff. Does anybody want it?&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Baby boomers are trying to unload their stuff. Does anybody want it?<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The largest generation in modern history is leaving behind an unprecedented hoard of clothing, crockery and furniture. There&#8217;s just one problem \u2014 younger Canadians aren&#8217;t interested.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/financialpost.com\/personal-finance\/baby-boomers-try-unload-stuff-nobody-wants\" data-ylk=\"slk:Read%20the%20story;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Read the story&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Read the story<\/a>  <\/p>\n<p>        <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/069693050964807BDF29A95820AFABBAEEA094370D03A03E49F58DB50A7813C3\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Ffinancial_post_articles_610%2Fb093eaf8075238dd887291c87c46c485\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"The Canada Revenue Agency headquarters in Ottawa.\" height=\"720\" width=\"960\" class=\"yf-lf2kr7 loader\"\/><\/a> The Canada Revenue Agency headquarters in Ottawa.           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/financialpost.com\/personal-finance\/taxes\/taxpayer-wrong-court-cra-penalized-tfsa-overcontributions\" data-ylk=\"slk:Taxpayer%20went%20to%20the%20wrong%20court%20after%20CRA%20penalized%20her%20for%20TFSA%20overcontributions;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Taxpayer went to the wrong court after CRA penalized her for TFSA overcontributions&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Taxpayer went to the wrong court after CRA penalized her for TFSA overcontributions<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">A British Columbia taxpayer learned the hard way that challenging a decision starts with the Canada Revenue Agency, not the Tax Court.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/financialpost.com\/personal-finance\/taxes\/taxpayer-wrong-court-cra-penalized-tfsa-overcontributions\" data-ylk=\"slk:Read%20the%20story;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Read the story&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Read the story<\/a>  <\/p>\n<p>        <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/3411804DBD3C6547D2A1F8D20154C315495AE95C7423EAFEE1E77BDB2CD4E15A\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Ffinancial_post_articles_610%2F74ee064ddc5d3a4e9f9c7f9704731955\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Governance changes and possibly even legislation would be required to privatize a couple of dozen large airports in Canada, including Toronto Pearson International Airport.\" height=\"720\" width=\"960\" class=\"yf-lf2kr7 loader\"\/><\/a> Governance changes and possibly even legislation would be required to privatize a couple of dozen large airports in Canada, including Toronto Pearson International Airport.           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/financialpost.com\/fp-finance\/carney-serious-privatizing-airports\" data-ylk=\"slk:Carney%20is%20serious%20about%20privatizing%20airports%2C%20Australian%20pension%20executive%20says;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Carney is serious about privatizing airports, Australian pension executive says&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Carney is serious about privatizing airports, Australian pension executive says<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Mark Carney&#8217;s government is serious about selling airports to private investors and could unveil steps to move in that direction when large fund managers gather in September at his Canada Investment Summit, according to an executive at a multi-billion-dollar Australian infrastructure investor that is keen to buy up to $10 billion of Canadian assets over the next decade.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/financialpost.com\/fp-finance\/carney-serious-privatizing-airports\" data-ylk=\"slk:Read%20the%20story;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Read the story&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Read the story<\/a>  <\/p>\n<p>        <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/B9B900F1D674FC8B5DF6B1EE0A3226D72CCBAC1F3FFB5D5115229DF3BD6FEB8C\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Ffinancial_post_articles_610%2Fca042c8f1a12c594e86a1670110a2bdc\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Expert said Kevin could optimize his tax rate if he withdraws less from his registered retirement savings fund.\" height=\"720\" width=\"960\" class=\"yf-lf2kr7 loader\"\/><\/a> Expert said Kevin could optimize his tax rate if he withdraws less from his registered retirement savings fund.           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/financialpost.com\/personal-finance\/family-finance\/kevin-wife-died-can-afford-retire-54\" data-ylk=\"slk:Everything%20changed%20when%20Kevin&#039;s%20wife%20died.%20He%20now%20wants%20to%20retire%20next%20year%2C%20at%2054%2C%20but%20can%20he%20afford%20to%3F;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Everything changed when Kevin&#039;s wife died. He now wants to retire next year, at 54, but can he afford to?&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Everything changed when Kevin&#8217;s wife died. He now wants to retire next year, at 54, but can he afford to?<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">To generate enough income, Kevin would need about $1.4 million in investments, which would be a stretch, expert says.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/financialpost.com\/personal-finance\/family-finance\/kevin-wife-died-can-afford-retire-54\" data-ylk=\"slk:Read%20the%20story;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Read the story&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Read the story<\/a>  <\/p>\n<p>        <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/157988672E9C709909AF9E288F1B7A6A9952D8167174011258D3D1F0EA62706E\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Ffinancial_post_articles_610%2F3ab81c0722aca42da80698122b96ed98\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Rogers Communications Inc. reported an eight per cent increase in both total revenue and total service revenue.\" height=\"720\" width=\"960\" class=\"yf-lf2kr7 loader\"\/><\/a> Rogers Communications Inc. reported an eight per cent increase in both total revenue and total service revenue.           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/financialpost.com\/telecom\/rogers-53-sports-media-revenue-growth\" data-ylk=\"slk:Rogers%20beats%20expectations%20on%2053%25%20jump%20in%20media%2C%20sports%20revenue;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Rogers beats expectations on 53% jump in media, sports revenue&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Rogers beats expectations on 53% jump in media, sports revenue<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Rogers Communications Inc. reported a 53 per cent growth in media revenue driven by its sports assets in the second quarter as the company expects to close its purchase of the remaining stake in Maple Leaf Sports &amp; Entertainment (MLSE) later this year.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/financialpost.com\/telecom\/rogers-53-sports-media-revenue-growth\" data-ylk=\"slk:Read%20the%20story;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Read the story&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Read the story<\/a>  <\/p>\n","protected":false},"excerpt":{"rendered":"June Cotte, a professor of marketing at the University of Western Ontario&#8217;s Ivey Business School, sits on a&hellip;\n","protected":false},"author":2,"featured_media":780361,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,32419,332382,147,530,332381],"class_list":["post-780360","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-canada-revenue-agency","tag-ivey-business-school","tag-personal-finance","tag-personalfinance","tag-university-of-western-ontario"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/780360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=780360"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/780360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/780361"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=780360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=780360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=780360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}