|  The YOLO economy Shoppers were busy during the Black Friday holiday shopping period, and data now shows a growing number were financing their purchases using "buy now, pay later" payment programs. This comes as Canadian consumers are being cautious with their spending amid the high cost of living from inflation and tariffs, as well as a weaker job market that's making it challenging for some households to make ends meet. During what Salesforce calls "cyber week," from Nov. 25 to Nov 30, the company reports average sales in Canada grew by over seven per cent. In the same period, the use of "buy now pay later" payments nearly doubled from a year ago to about five per cent of all payment types used during the "cyber week" period. Read more about why this trend is rising.  New year, new tax brackets Changes could be on the way for federal income tax brackets next year, according to the Canada Revenue Agency. If the legislation working its way through Parliament becomes law, the proposed changes would mean Canada's lowest earners may pay slightly less income tax starting in 2026. Some income tax cuts were introduced prior to the summer of 2025 by the federal government, and the new changes would essentially apply the same cut for the entire tax year. Read more to find out what your new tax brackets are going to be in 2026.  Why are home prices so high? There might be a hidden driver behind the high cost of homes in Canada: development charges. Development charges are used by municipalities to help pay for growth. Companies building houses, subdivisions, shopping centres, industrial parks and other projects pay development charges to help fund municipal infrastructure like new water systems, roads, community centres, parks and emergency services. These charges might be raising the cost of homes — depending on city and property type — by eight to 16 per cent, new analysis from the Canada Mortgage and Housing Corporation CMHC) released on Thursday suggests. A report authored by CMHC chief economist Mathieu Laberge pulls development charge data from 30 municipalities in Ontario, British Columbia, Alberta and Quebec. Read more to find out which property types felt the biggest impact from development charges. | 
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