Health-care costs for Canadian families climb to $19,000 in 2025, Fraser Institute warns
A Canadian family of four will pay an estimated $19,060 in public health-care costs this year, according to a new report from the Fraser Institute. The think tank says the figure reflects the real burden households shoulder through taxes, even if Canadian health care services are ‘free’ at the point of use. The report, released […]
Canadian home sales edge higher in October as affordability pressures persist
Canadian home sales rose again in October, offering another sign of a slow recovery heading into 2026. New data from the Canadian Real Estate Association (CREA) shows national sales increased 0.9% month-over-month, marking six gains in the past seven months. But activity remains subdued compared with last year. Actual — not seasonally adjusted — sales […]
The hidden shock of retirement: How losing your health benefits can cost thousands a year
When Mary and Robert Chen retired last year, they thought carefully about how much they had saved in their RRSPs and other retirement accounts. They planned their income streams, considered their tax brackets and even ran projections for a comfortable lifestyle. One thing they did not fully anticipate was how losing their workplace health benefits […]
Canadians plan leaner holidays as Gen Z cuts back 35%: PwC
Canadians are heading into the 2025 holiday season planning to spend an average of $1,675 on gifts, travel and entertainment, according to PwC Canada’s annual Holiday Outlook. That figure represents a 10% drop from last year, as rising prices and economic uncertainty push consumers to stretch their dollars further. Despite the overall pullback, PwC says […]
Moncton businesses say crime is hitting their bottom line
Downtown Moncton’s business community is speaking out against what it calls an alarming rise in crime — and the growing financial fallout that’s coming with it. The newly formed Enough is Enough Coalition, made up of business owners, landlords and property managers, is demanding action from all levels of government. In a statement last week, […]
Canadian grandparents feel rising costs as financial support cuts into retirement
Canadian seniors are feeling the squeeze of higher living costs and many are balancing the financial needs of their children and grandchildren with their own shrinking retirement security, a new report shows. The 2025 Aging and Affordability Insights Benchmark Report by Bloom Finance, released October 1st, compares survey data from last year and highlights how […]
High interest rates aren’t stopping Canadians from crushing their credit card debt — here’s how they’re doing it
In a country where grocery bills keep rising and mortgage payments eat into paycheques, Canadians are fighting back — one credit card payment at a time. A new Money.ca reader poll shows that nearly 90% of Canadians pay their credit card balances in full every month, proving that even in an age of record debt […]
Best places to retire in Europe
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. For a lot of Canadians, retiring in Europe feels like the ultimate dream. Picture this: Sipping an espresso at a little café on a cobblestone street, soaking up that […]
Budget 2025 gives Bank of Canada room to steer recovery, explains BoC Governor Tiff Macklem
After months of economic turbulence, the message from Ottawa is one of cautious optimism — from both Parliament Hill and the Bank of Canada. Bank of Canada (BoC) Governor Tiff Macklem told Canadian senators in early November (1) that the country’s economic slowdown “is more than a cyclical downturn — it is also a structural […]
Hidden in plain sight: The Habsburg 137-carat Florentine Diamond that proves Canada’s banks are built on trust
A diamond that once glittered in the crowns of emperors resurfaced — and not in Vienna or Paris, but inside a secure Canadian bank vault. According to The New York Times (1), the 137-carat Florentine Diamond — a jewel of the Habsburg dynasty thought lost, stolen or recut more than a century ago — “has […]