Alberta woman says her recent vacation cost her $100K after a sudden medical emergency. Here’s how travel insurance can protect you from unforeseen costs
Insurance is one of those purchases that can feel like a necessary evil. After all, you’re paying money to cover you in case a rare incident happens. But for Alberta native Dione Amundson, her travel insurance may end up saving her around tens of thousands in medical bills. Amundson and her son traveled to Japan […]
$10,000 or $125/month: How I handled a dead furnace as a single-mom homeowner
If you’re a single mom and a homeowner, I don’t have to tell you that life likes to throw curveballs. And apparently, mine came in the form of a dead furnace in October. Just my luck. It’s almost as fun as when my air conditioner died at the beginning of the summer. At least in […]
A classic Canadian chocolate bar just got quietly discontinued
If your childhood snack drawer included a Jersey Milk bar, this one might sting. After 75 years on Canadian shelves, Mondelez, the maker behind the confectionary best used for smores, has quietly pulled the plug on the creamy white-wrapped classic, citing low demand. No press release. No farewell tour. Just gone, like the last piece […]
5 of the best low-risk investments for Canadians that protect your cash — and earn you more in 2025
One of the keys to building wealth is understanding the relationship between risk and reward. Canadians are always on the lookout for low-risk investments, but you must understand that free lunches do not exist. A risk-free investment (like a GIC) has a lower expected return than a high-risk investment (like an individual stock). As an […]
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 (1). “We lost both our parents inside 11 months and (the Canada Revenue […]
RBC poll finds Canadian entrepreneurship aspirations hit eight-year high, but official numbers lagging
Entrepreneurial ambition in Canada is rising to levels not seen since before the pandemic. According to the 2025 RBC Small Business Poll, 59% of Canadians say they aspire to own a business — the highest share since 2017. The findings suggest Canadians are not only dreaming of entrepreneurship but see it as a realistic path […]
Canadians owe a staggering $2.5 trillion in household debt — here’s how to chip away and finally breathe free
Debt: Almost all Canadians have it. In fact, Canada’s Market Pulse Consumer Credit Trends and Insights Report found that consumer debt levels rose to $2.5 trillion at the end of hte first quarter of 2025 — a 4% year-over-year increase (1). TransUnion estimate that consumer debt, across all credit products, hit a record $2.5 trillion […]
New U.S. rule could cost Canadian snowbirds up to $900 a year
For a typical Canadian couple, new U.S. border rules could add $250 to $900 a year in extra costs — covering document preparation, travel delays and cross-border tax advice — before they even unpack their bags in Florida or Arizona. The new U.S. rule was announced in March and went into effect on April 11, […]
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 […]
McDonald’s bets on McVeggie as fast food chains test appetite for plant-based menus in Canada
McDonald’s Canada is adding a new option to its menu: the McVeggie, a crispy vegetarian sandwich made with breaded patty, lettuce, tomato, pickles and sauce. The chain says it’s responding to growing demand for meat-free choices, particularly among younger Canadians. But the move comes with mixed signals from the broader industry. Other fast-food giants have […]