Punished for being poor: One man calls NSF fees a “poverty tax” and Redditors have thoughts
It started with a Reddit post. User u/Important-Day-8936 shared their frustration with being charged over $1,000 in non-sufficient funds (NSF) fees within a year. “Not because I was irresponsible,” they wrote, “but because I was/am still financially struggling.” "NSF fees are a poverty tax," the redditor declared, "and I’m done staying quiet." Their post hit […]
“I lost everything”: Newcomer alleges $500K scam in Yukon immigration nightmare
A second lawsuit has been filed against a Whitehorse immigration consultant, alleging that nearly half a million dollars was lost in what the plaintiff calls a fraudulent immigration scheme linked to the Yukon Business Nominee Program. Franklin Lee, a Hong Kong national seeking permanent residency in Canada, filed a statement of claim earlier this month […]
Crushed by tuition costs? Here’s how to choose the right loan — and save thousands after graduation
Deciding between a student loan or a line of credit is one of the most important financial decisions Canadian university and college students need to make. To put this in perspective, the average debt at graduation was $17,900 for college and $28,000 for a Bachelor’s degree in 2022, according to Statistics Canada. Rising tuition and […]
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 […]
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 […]
Renovictions under renovation: City steps in to protect renters
For renters across Toronto — students in basement suites, seniors in walk-ups, families in rent-controlled buildings — the word renoviction doesn’t just mean “renovation.” It means fear of losing your home, of getting priced out, of not finding anything else you can afford. Starting July 31, 2025, the City of Toronto is drawing a line […]
Think you’re safe? Canadians lose millions to credit card errors — here’s how to fight back
I have a confession to make. I’m among that rare breed of credit card user that you’ve heard about but never really believed exists. That’s right: I’m a credit card statement confirmer. Every time I get a credit card statement, I dig out the receipts I carefully put aside each month and check each and […]
Credit cards don’t have to be a trap — unlock rewards and build wealth through responsible spending
Credit cards are often made out to be a trigger for irresponsible spending. Conversely, they can also help consumers build smarter financial habits, encourage people to monitor spending, be more aware of shopping trends and even frequently monitor statements for fraudulent transactions. Whether you’re new to having a credit card, trying to clean up your […]
Inclusive employers show how hiring people with disabilities pays off
A small café steps from the Beaches boardwalk is stirring up more than coffee. Judy’s Beach Café — a new social enterprise that trains and employs adults with intellectual and developmental disabilities — officially opens Sept. 1, giving local residents not just sandwiches and smoothies, but also a chance to see inclusion in action. The […]
Canadians owe a staggering $2.5 trillion in household debt — here’s how to chip away and finally breathe free
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 at the end of hte first quarter of 2025 — a 4% year-over-year increase. TransUnion estimate that consumer debt, across all credit products, hit a record $2.5 trillion […]