Four in 10 young Canadians not investing TFSA funds: TD
Many young Canadians are missing out on one of the easiest ways to grow their money, according to a new survey from TD. While 65% of Canadians hold a Tax-Free Savings Account (TFSA), four in 10 (41%) Gen Z and Millennial account-holders admit they aren’t investing the funds inside — a habit that could diminish […]
Federal Budget 2025 bets big on business — and why that matters to Canadian investors and workers
After 18 months without a federal budget, Ottawa is finally putting its money where its mouth is — and the focus is clearly on investing in Canadian business to help restart Canada’s stalled economy. Framed as an “investment budget,” Prime Minister Mark Carney’s first fiscal framework focuses mostly on big-ticket investment-driving items, rather than spending […]
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 […]
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, […]
This shopping habit could cause young people to seek happiness in spending. Here’s how you can teach your child financial literacy
As younger generations become accustomed to complex yet ubiquitous technologies that enable an ease of spending — think TikTok shops, affiliate links embedded in social media posts and the rise of ephemeral micro trends — their relationship with money becomes more abstract. Ultimately, this makes it easier to spend unintentionally to keep apace with the […]
One tech firm says Air Canada owes passengers more than $66 million in compensation for strike-related inconveniences — but Canadian laws could make getting that money difficult
After reaching an impasse in negotiations between the Air Canada component of the Canadian Union of Public Employees (CUPE), a 72-hour strike notice was given on August 13. Three days later, over 100,000 Air Canada employees walked off the job in protest. Though it has been over a month since the strike concluded, the effects […]
A very un-Canadian sale: Rethinking Black Friday
For years, Black Friday has been treated as the unofficial kickoff to the holiday shopping season. The idea arrived in Canada from the United States, where the Friday after American Thanksgiving is known for early morning lineups, doorcrasher deals and crowded malls. In Canada, the event has no cultural connection. Thanksgiving was last month and […]
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 […]
Canadians feel growing money shame, argue that talking about finances should be more acceptable
Financial strain is becoming one of the most significant emotional pressures facing Canadians today — and most people feel they can’t talk about it. A new national survey commissioned by Fig, a Canadian online loan provider, finds 94% of Canadians believe talking openly about money struggles should be more acceptable, underscoring how financial stress has […]
Industry experts sound the alarm as 2,500 units sit vacant in Vancouver. What does the slump mean for the city’s housing market?
A number of real estate experts see a rumbling storm on the horizon for Vancouver’s condo market, one that’s been brewing since 2022. According to the Canadian Mortgage Housing Corporation (CMHC), around 2,500 condos are sitting vacant in Metro Vancouver, double the amount from a year ago. Why? A flurry of reasons have been suggested […]