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 […]
Feel confident investing in Nvidia: Why dollar-cost averaging helps Canadians build wealth long term
Nvidia (NASDAQ:NVDA) has been one of the best-performing stocks of the last decade, benefiting from advancements in artificial intelligence (AI), cloud computing, and gaming. However, its high price and volatility make it a challenging stock for Canadian investors to buy. One way to manage risk and build a long-term position in Nvidia (NASDAQ:NVDA) is through […]
B.C. man buys a used car only to find that its odometer has been tampered with. He managed to get his money back but experts say odometer fraud is on the rise. Here’s how it works and how you
Like many Canadians dealing with the uncertainty of tariffs from the U.S. and rising prices, Steve Andrews from Burnaby, B.C., was on a tight budget when he decided to buy a used vehicle. With a young family in tow, Andrews saw a registered Burnaby used vehicle dealership had a 2012 Subaru listed for a good […]
A lot of Canadians feel unsure about their finances — How to change that
A new snapshot of Canadian financial confidence shows that even in mid-2025 — with interest rates steady and inflation slowing — many Canadians still feel unsure about their money management skills. In a recent poll from Money.ca, only 54.5% said they feel “very confident” managing their finances, while 31.2% reported being only “moderately confident.” The […]
Some Canadians don’t think they need insurance for domestic travel
The case for travel insurance is pretty sound: You never know what’s going to happen when you’re on vacation, and you don’t want to be caught with a hefty bill should the worst case scenario occur. A national travel survey conducted for CAA reveals that four in 10 Ontarians (41%) travelled outside their home province […]
Fixed mortgage rates rise as variable-rate discounts tighten: Here’s what it means for your next loan or renewal
For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — especially as rate cuts seemed like a matter of “when,” not “if.” But the tide has turned. As of early May, both fixed […]