Budget 2025 brings hope and relief: Tax cuts and new credits aim to ease the squeeze on working Canadians
The 2025 federal budget — the first under Prime Minister Mark Carney — promises to reshape how working Canadians experience both their paycheques and their prospects. Branded as a “generational” plan by the government, the budget balances sweeping economic ambition with targeted relief for households facing persistent cost-of-living pressures. At its core is a middle-class […]
Calgary man left paying triple the going rate for solar panels after a door-to-door sales person used high-pressure tactics. Here’s how to avoid a bad deal
As more and more people report being scammed with clever AI schemes or telephone cons, shady in-person sales tactics might seem to be a thing of the past. For a Calgary man, however, that doesn’t seem to be the case. Jay Hector was approached by a salesperson for the solar company Northern PWR, who persuaded […]
Costco Canada: Are the deals worth It? Canadians have their say
Grocery bills are eating up a sizeable portion of Canadian household budgets, and families are looking for every possible way to stretch their dollar. In 2023, the average household spent about $12,000 a year on food, according to Statistics Canada — roughly $1,000 a month when you include groceries and restaurant meals. Just keeping the […]
Rethinking retirement legacy: Canadians focus on more meaningful wealth transfers
Retirement planning has long centred on building assets, but Canadians are now broadening the idea of what it means to leave something behind. According to a new survey from Edward Jones Canada, half of Canadians (50%) indicate they plan to give part of their inheritance while still alive, choosing to shape their legacy through support such as […]
Grocery and rent costs push Canada’s inflation rate up to 2.4% in September
Canada’s inflation rate ticked higher in September, marking the first acceleration in headline inflation since May. The Consumer Price Index (CPI) rose 2.4% year over year, up from 1.9% in August, according to Statistics Canada’s latest report (1). The jump reflects a slower decline in gasoline and travel prices, alongside renewed upward pressure on groceries. […]
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 — […]
Canadians are losing record amounts to fraud — and that risk follows them overseas
Fraud and scams are not longer just a domestic problem. According to the Canadian Anti-Fraud Centre, Canadians reported 108,878 fraud incidents in 2024, with total losses exceeding $638 million — the highest on record. Don’t Miss Want to retire with an extra $1.3M? See how Dave Ramsey’s viral 7-step plan helps millions kill debt and […]
Stop overpaying for these 5 things ASAP
The price of almost everything – from a carton of eggs to a pound of steak – remains stubbornly high. A Canadian family of four is expected to spend $16,833.67 on food in 2025 — an increase of more than $800 from 2024 grocery costs, according to Canada’s Food Price Report produced by several Canadian […]
Rising mortgage costs put Canadian homeowners at risk
A growing number of Canadians could face difficulties making mortgage payments when they renew their loans this year and next, according to the Canada Mortgage and Housing Corp. (CMHC). The housing agency says it is monitoring the situation closely as higher interest rates push monthly payments higher. “My overall expectation is that delinquencies and arrears […]
Build Canada Homes launch sparks debate over Ottawa’s role in fixing housing crisis
The federal government has unveiled Build Canada Homes (BCH), a new $13 billion housing initiative aimed at delivering more affordable homes to Canadians. Prime Minister Mark Carney framed it as a major step toward tackling the nation’s long-running housing crisis. “Canada’s new government is relentlessly focused on bringing down housing costs”, Carney said in the […]