Bank of Canada cuts rate to 2.50% — what this means for your mortgage and housing costs
Canadians hoping for more relief on borrowing costs finally got their wish as the Bank of Canada announced a rate drop on its target rate on September 17, 2025. The BoC dropped its overnight rate by 0.25% — from a bank-to-bank lending rate of 2.75% to 2.50%. This is the first cut the BoC has […]
Quarters launches rewards platform to turn everyday spending into home savings
A new fintech platform has come online, allowing Canadians to save for housing by converting their daily purchases into contributions toward rent deposits and down payments. Toronto-based startup Quarters announced the launch of its “Home Savings Rewards” program last week, which it says is the first of its kind in Canada. Unlike traditional loyalty platforms […]
Over $7K to insure a car in Alberta — How the province got to this point and is there any relief in sight?
How much would you pay to insure your vehicle? Would you pay $3,000, $4,000 even $5,000 per year? What about $7,000? For one Edmonton resident, that question isn’t rhetorical. Wali Hassan, a 21 year-old Edmonton resident, recently fully insured a 2018 Honda Civic — he was required to do so per the terms of his […]
Best towns to live in BC
It’s called Beautiful British Columbia for a reason. If you’ve been contemplating a move out to Canada’s west coast, don’t worry! There is something for everyone in BC. From world-famous mountains to the cool Pacific Ocean breeze, BC has some of the best places to live in Canada. If you’re flirting with a change of […]
Canadian travellers uncover hidden tricks to slash flight costs — and finally stop paying full price for airfare
Canadians love travelling, and we have a healthy obsession with trying to save money every time we take flight. Over the years I’ve read some pretty outlandish claims out there about the best way to go about doing that. Some sources insist that booking exactly 59 days before departure is the most cost-effective approach, while […]
Made a mistake on your taxes? CRA is making it easier to come clean
There’s good news for Canadians who may have accidentally or unwillingly made a mistake on their taxes in the past. Starting October 1, 2025, the Canada Revenue Agency (CRA) will roll out changes to its Voluntary Disclosures Program (VDP). This initiative is designed to help taxpayers correct past mistakes without facing the full brunt of […]
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 […]
Billions in investment and thousands of new jobs up for grabs if Canada can lead global clean energy economy, report finds
Canada is staring down one of its biggest economic opportunities in decades, according to a recent report from New Economy Canada. As global investment in clean energy and technology surges past $3 trillion annually, new economic research argues that Canada is well-positioned to attract a significant share of capital and job creation, if governments across […]
Two Ontario residents are out a combined $90k after they invested in private investment scams. Here’s how you can spot these enticing opportunities for what they are — theft
In the world of investing, the advice “if it’s too good to be true, it probably isn’t,” is a cardinal rule — one that shouldn’t be broken unless there’s reason to do so. Unfortunately, two Ontario residents lost a combined $90,000 after investing with two private investment companies. And they think their money might be […]
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 […]