TMU’s new residence shines a light on Canada’s student housing crunch
For families sending a child away to university, housing costs can now rival tuition — sometimes even surpass it. Toronto Metropolitan University (TMU) is stepping into this pressure cooker with plans for a 21-storey residence on Bond Street, set to open in 2030 (1). The building will add more than 1,370 beds, more than doubling […]
Relief at last: What the Bank of Canada’s new outlook means for your wallet — and how to take back control
The Bank of Canada’s latest Quarterly Financial Report, released mid-November, doesn’t grab headlines the way a rate announcement does, but it offers something just as important: a clear look at how the Bank sees the Canadian economy, the risks it’s watching, and what that means for your mortgage, your savings, and your financial stability heading […]
Crushed by student debt? Learn financial literacy (aka: money skills) that can set you free and build the future you deserve
For most young Canadians, the journey to financial literacy begins with pursuing a degree at a college, university, or technical school. This step into launching an adult life is also when many begin to take on significant debt. To illustrate, during the the 2022–2023 academic year, approximately 532,000 students received $3.1 billion in non-repayable Canada […]
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 […]
Young Canadians investing on instinct as emotions drive market decisions, CIBC poll finds
Nearly half of young Canadian investors are relying on gut feelings rather than data when choosing where to put their money, according to a new survey from CIBC Investor’s Edge. The recent poll found 45% of Gen Z and Millennial investors base decisions more on instinct than analysis, highlighting how emotions are shaping Canada’s investing […]
Home prices under $500K? These 10 Alberta towns still offer it — and one town has an average home price of $270K!
Anyone who’s spent time in Alberta knows the province marches to the beat of its own drum. Thinking about making the move to Wild Rose Country? You’re in the right place. From the jaw-dropping Rocky Mountains to the endless boreal forests, and even the pancake-flat prairies (don’t knock it till you’ve caught one of those […]
This Ontario family found a way to save $14K on groceries this year thanks to some penny pinching hacks — but can the extreme saving work for everyone?
When Dee Debarros’ husband was out of a job during the COVID-19 pandemic, they needed to find a new route to help pay the bills during a difficult time. Naturally, groceries were the one essential with the highest savings potential, so the couple quickly pivoted and looked to cut costs where they could, dedicating a […]
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 […]
Burnout is rising among Canadians — and many say their workplace isn’t helping
Canadian workers are being exhausted at rising rates, with 39% saying they feel burnt out, up from 35% last year, according to a new national survey from Mental Health Research Canada (MHRC) and Canada Life. Behind those numbers is a familiar story: Employees are struggling to keep up with workloads, stress and economic pressures — […]
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 […]