High interest rates aren’t stopping Canadians from crushing their credit card debt — here’s how they’re doing it
In a country where grocery bills keep rising and mortgage payments eat into paycheques, Canadians are fighting back — one credit card payment at a time. A new Money.ca reader poll shows that nearly 90% of Canadians pay their credit card balances in full every month, proving that even in an age of record debt […]
Leave more than money: practical legacy planning for Canadians
Many Canadians dream about the legacy they will leave behind — not just money, but the values, traditions and lessons for loved ones. Thinking ahead about how your wealth and life experiences will shape the future can provide clarity and peace of mind. That’s where legacy planning comes in. Legacy planning is the process of […]
12% of Canadians are hybrid investors — most plan to stay that way: CSA
A growing segment of Canadian investors is straddling the line between self-directed investing and professional advice. According to a new report from the Canadian Securities Administrators (CSA), about one in eight Canadians now manage some investments on their own while maintaining a separate portfolio with a financial advisor — a group the CSA calls “hybrid […]
Canadian travellers uncover hidden tricks to slash flight costs — and finally stop paying full price for airfare
Canadians love travelling, and we have a healthy obsession with trying to save money every time we take flight. Over the years I’ve read some pretty outlandish claims out there about the best way to go about doing that. Some sources insist that booking exactly 59 days before departure is the most cost-effective approach, while […]
Moncton businesses say crime is hitting their bottom line
Downtown Moncton’s business community is speaking out against what it calls an alarming rise in crime — and the growing financial fallout that’s coming with it. The newly formed Enough is Enough Coalition, made up of business owners, landlords and property managers, is demanding action from all levels of government. In a statement last week, […]
TD survey finds small business owners still turning to costly credit in emergencies
Canadian small business owners say they’re ready for the unexpected — but their financial choices suggest otherwise. A new TD Insurance survey shows that while nearly all entrepreneurs (94%) have business insurance, just over half (52%) would actually rely on it first in case of an emergency. Instead, many report they would first lean on […]
20 best jobs in Canada
For a lot of us Canadians, our jobs aren’t just about a paycheque: They’re the backbone of our lives. They keep the fridge stocked, the lights on and help us take care of the people we love. And let’s be honest, the right job can feel pretty great too. There’s nothing like that sense of […]
A bitter cup: why your coffee is costing more
Coffee isn’t just a morning ritual — it’s a staple in Canadian daily life and wallets. As of 2024, Canadians spend roughly $504 a year on coffee outside the home, (1) making it clear that rising prices hit more than just the taste buds, they can also put a real dent in household budgets. By […]
Gen Z puts survival first as paycheques shrink and costs climb: KOHO report
Canada’s youngest working generation is living in survival mode. A new Gig and Seasonal Economy Trends Report from KOHO, (1) Canada’s top-rated money app, finds that Gen Z is grappling with irregular work, rising costs and thin margins, while also adapting to a new kind of financial pragmatism. The report combines KOHO’s internal data with […]
The iPhone 17 is here: The hidden costs of always chasing the newest technology
Earlier this week, Apple announced the launch of the iPhone 17, continuing its annual tradition of unveiling a new model each fall. For millions of Canadians, that familiar announcement comes with a familiar, if somewhat redundant, question: should I upgrade to the latest model, or stick with my current device? The previous iPhone generation, the […]