Ontario drivers get long-term break at the pump
As of July 1, 2025, Ontario drivers are paying less at the pump, for good. The province has made its long-running fuel tax cuts permanent, locking in a 5.7 cent per litre discount on gasoline and 4.3 cents per litre on discount propane used in road vehicles. Originally introduced in mid-2022 as a temporary response…
Despite national pride, economics are still guiding Canadians’ purchasing decisions
Following another Canada Day, it seems the nation’s citizens might be resting their elbows just a little – not due to a decline in national pride, but simply because of cold, hard costs. A new survey from PwC Canada shows, for example, that while Canadian consumers express a willingness to pay a premium for locally…
Learn how to get out of debt
Debt: almost all Canadians have it. In fact, Equifax Canada’s Market Pulse Consumer Credit Trends and Insights Report found that consumer debt levels rose to $2.5 trillion in the second quarter of 2024; this is a 4.2% increase since the second quarter of 2023. Card holders carry over $4,300 in credit card balance on average,…
‘I have no money now’: This retiree sunk nearly her ‘entire life savings’ into a half-built house in Florida that her bankrupt builder won’t finish — and she’s not alone
Some homebuyers in Citrus Springs, Florida, are in shock after the Van Der Valk Construction company filed for Chapter 11 bankruptcy in April, leaving many homes unfinished. The Citrus County-based company is leaving many homeowners, mostly retirees, holding the bag financially. Don’t miss I’m 49 years old and have nothing saved for retirement — what…
Even rich seniors are scared to spend money in retirement: Here’s how to spend more and be happier without the risk of outliving your cash
You’ve worked hard to save for retirement and the time is finally here. Now, the challenge isn’t about how you’ll spend your time. A far more pressing concern is the fear of outliving your savings, which may influence how you spend your money. In other words, this apprehension could lead to spending less and truly…
Auto theft claims up 442% — and every Canadian driver is paying the price through rising insurance premiums
Auto theft is no longer just a city crime story — it’s a nationwide insurance crisis. Despite efforts to curb auto theft, the impact of stolen vehicles and damage due to auto break-ins is pushing the value of auto theft claims into triple-digits — and the person who ends up paying the cost are everyday…
12 best places to visit on a budget
Ever scroll through Instagram and think, "Dream trip, but my bank account says absolutely not"? Yeah, I feel you. Here’s the thing though: Travel doesn’t have to drain your savings or max out your credit cards. I’ve spent way too much time researching (okay, maybe rabbit-holing) the cheapest places to travel, and let me tell…
Smart car shopping in retirement: What to consider before buying a vehicle on a fixed income — from budget tips to choosing the right features for your lifestyle
You’re enjoying your retirement years, taking the occasional road trip to spend time with friends and family. But your car has seen better days — nearing the end of its life at 200,000 miles. Since you haven’t purchased a car in a long time, you may be surprised at how much vehicles have changed —…
I’m 65, tired of working and have very little savings — is it possible to live off CPP alone? Yes, but you’ll need to make these 3 big sacrifices
If you plan on retiring and rely primarily on the Canada Pension Plan (CPP) you may have heard you will end up being perpetually cash-strapped. So, does that mean you should stay at your job? Learn to survive on noodles? Or work more to build up savings? To help you decide, you first need to…
Extreme weather takes growing toll on commercial insurance sector
Canada faced one of its most expensive years for insured losses in 2024, with severe weather wreaking havoc on both homes and businesses. While homeowners bore the brunt of the damage, commercial properties also suffered massive losses, pushing the total insured damages to over $1.7 billion — the second-highest in the country’s history. "Thousands of…
