When grief meets taxes: The $660,000 mistake you don’t want your family to make

Ashley Galea never imagined that losing both parents in the same year would bring not just grief, but also a six-figure tax bill that swallowed nearly all of their retirement savings. “It made me more angry than anything,” Galea told CTV News. “We lost both our parents inside 11 months and (the Canada Revenue Agency) […]

One year on, Calgary’s $3bn hailstorm still has Canada playing catch-up

A year after the second costliest natural disaster in Canadian history, insurers, homeowners and city officials say the country still lacks a unified plan to respond to extreme weather events. On August 5, 2024, massive hailstones pummelled northeast Calgary, causing nearly $3 billion in insured damages. Most of that damage was to homes and vehicles. […]

Canadian students forced to rethink post-grad plans, says Simplii survey

As a new academic year begins, Canadian students are confronting a sobering job market, with many unsure about their post-graduation prospects. A recent survey by Ipsos for Simplii Financial finds that less than half (48%) of students feel confident about landing a job, and only 51% believe their education has adequately prepared them for the […]

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 […]