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 […]
Best towns to live in BC
It’s called Beautiful British Columbia for a reason. If you’ve been contemplating a move out to Canada’s west coast, don’t worry! There is something for everyone in BC. From world-famous mountains to the cool Pacific Ocean breeze, BC has some of the best places to live in Canada. If you’re flirting with a change of […]
Majority of Canadians don’t think they will ever get to retire, according to HOOPP survey
Affordability challenges and economic uncertainty have many Canadians feeling anxious about retirement. A new survey from the Healthcare of Ontario Pension Plan (HOOPP) and Abacus Data shows that rising costs for housing and everyday essentials are reshaping how Canadians think about their financial futures. Two-thirds (66%) of unretired Canadians now expect they will have to […]
PSA: Talk to your parents and grandparents about fraud
Fraud is increasingly affecting Canadians, and seniors are among the most vulnerable. These scams can devastate not just a person’s finances, but a their sense of security and trust as well. In 2024, Canadians lost over $638 million to fraud, according to the Canadian Anti‑Fraud Centre (CAFC) (1). Families across the country are sharing painful stories […]
Majority of Canadian parents are worried about how social media is shaping kids’ money habits: TD survey
Social media is fast becoming one of the most powerful influences on how young Canadians think about money, and parents are worried. A new TD Bank survey found 61% of Canadian parents are concerned that influencer culture, viral trends and digital ads are shaping their children’s attitudes toward spending and success. Don’t Miss Want to […]
Toronto tenant says she was nearly evicted after paying rent — why advocates say it’s becoming common
Toronto resident Sara Basso had been living in the same low-rise for over a decade and ostensibly had a good arrangement with her landlord. That is, until she received what she believed was a “meritless” eviction application in January, she told CBC News (1). Basso received a copy of the application that was filed with […]
Is this fall a good time to strike a deal on a house? 54% of Canadians think so, according to data from REMAX
Canadians are approaching the fall real estate season with a mix of caution and opportunity, according to REMAX Canada’s Fall 2025 Housing Market Update. Nationally, average home prices are expected to decline by roughly 6.5%, with sales down about 5% through the end of 2025. However, regional conditions vary sharply, with Atlantic Canada and the […]
Canadian households pull back as spending slows in last half of 2025, RBC reports
Canadian consumer spending eased in August, according to RBC’s latest Consumer Spending Tracker, signalling that many households are trimming budgets and rethinking priorities. RBC’s total cardholder spending dropped by 2.2% month-over-month from July, while core retail sales (excluding automobiles and gasoline) posted just a 0.4% gain. This marks the third straight month of slowing growth […]
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 […]
After the 2025 market slump, is it finally save to buy stocks again?
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. Markets have steadied after a turbulent spring when President Trump’s sweeping tariffs on Canada, Mexico and China rattled global investors. The S&P 500 and TSX have since clawed back […]