Canadian grandparents feel rising costs as financial support cuts into retirement
Canadian seniors are feeling the squeeze of higher living costs and many are balancing the financial needs of their children and grandchildren with their own shrinking retirement security, a new report shows. The 2025 Aging and Affordability Insights Benchmark Report by Bloom Finance, released October 1st, compares survey data from last year and highlights how […]
Stop overpaying — here’s how 15 Canadian stores will match or beat prices so you never waste money again
A great way to save money on a shopping trip is to look out for price match guarantees or price beating policies. Participating stores will usually ask for either a digital or physical proof that a competitor is offering that exact item for a lower price. Not only can price match policies save you money […]
Wealthsimple doubles Visa Infinite fee — Canadians question if perks are worth the $240 price tag
Wealthsimple is doubling the annual fee on its Visa Infinite credit card, raising it from $120 to $240 starting October 9, 2025. The fee will be billed at $20 per month, except in Quebec where it will be charged annually. The change means cardholders will need to spend at least $12,000 per year at the […]
Montreal-based SSENSE seeks creditor protection amid US tariff shock — Is this another Canadian retail casualty?
Montreal-based luxury retailer SSENSE plans to file for creditor protection under the Companies’ Creditors Arrangement Act (CCAA), citing a sudden liquidity crisis triggered by U.S. changes to its de minimis exemption on low-value parcels, among other pressures. CEO Rami Atallah wrote in a staff memo, quoted by the BBC, that the firm was “surprised” by […]
Over half of Canadian snowbirds eyeing sale of U.S. homes, says Royal LePage
Parents and retirees who once dreamed of winters in Florida or summers in California are suddenly rethinking the plan. According to a new survey by Royal LePage, more than half (54%) of Canadians who own residential property in the U.S. say they are considering selling within the next year. The top reason? Politics. Nearly two-thirds […]
Quebec will require 5 % minimum credit‑card payments starting August
Quebec has taken a bold step to tackle rising consumer debt. Starting August 1, all credit‑card holders under agreements signed before August 2019 must repay at least 5% of their outstanding balance each month. The change marks the final phase of a gradual increase initiated in 2019, from 2%, to 4.5% this past year, and now to […]
50% of Canadian pet parents avoid taking their pets to a veterinarian: study reveals
Half of Canadian pet parents say they’ve skipped or declined vet care for their pets, according to the new PetSmart Charities of Canada-Gallup study. The biggest reason? Cost. But travel distance matters, too — the farther a clinic is, the more likely pet parents are to put off a visit. The research offers a first-ever […]
Stop wasting $100+ a year on credit card fees — 5 smart ways Canadians can escape them for good
Canadians love their rewards — nearly 90% of households own at least one credit card, and 55% of rewards cardholders pay an annual fee to unlock perks like travel points, cash back, and insurance, according to a report released by the Canadian Bankers Association. With fees ranging from $24 to $699, these costs can quickly […]
Most Canadians aren’t ready for the $1 trillion wealth transfer
As Canada’s population ages, a massive wealth transfer is looming — one experts say many households aren’t ready for. The Great Wealth Transfer, which predicts a staggering $1-trillion reallocation of wealth, has raised concerns about Canadians’ preparedness for what will happen to their estate once they pass away. This concern is not without merit. According […]
Why paying a credit card fee might be the smartest money move you make — and how it could save you hundreds in travel, perks and protection
For the longest time, I steadfastly refused to get any credit card that came with an annual fee. The idea of paying a price to use a credit card just sounded utterly ridiculous to me. The only time I ever applied for a card with an annual fee was when that fee was waived for […]