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 […]
76% of newcomers fear financial missteps, TD survey finds
Many recent immigrants say they feel held back by a lack of knowledge about investing, banking and Canada’s economy. More than three-quarters (76%) of newcomers to Canada say they’re anxious about making a financial mistake, according to a new survey from TD. The findings suggest that while ambition is strong among recent immigrants, many feel […]
Relief at last: Bank of Canada cuts rate after a six-month pause — easing pressure on mortgages and debt
The Bank of Canada dropped its overnight lending rate by 0.25% on September 17, 2025, lowering its target rate from 2.75% to 2.50%. This latest rate drop breaks the BoC’s recent streak of three consecutive rate holds that began in March 2025. Prior to the March pause, the BoC had steadily lowered rates over seven […]
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 […]
Fed up with fees: Over half of Canadians have switched banks over fees — and many more are considering it
A new Money.ca reader poll reveals that 53% of respondents have already switched financial institutions at least once because of increasing fees. Another 13% say they are actively looking to switch, while 23% are watching fees closely and may move if costs climb further. That means nearly 9 in 10 Canadians are either ready to […]
Three-quarters of Canadian business leaders are investing at least as much as their American competitors
Despite a challenging economic climate, Canadian business leaders remain bullish on investment, even outpacing their U.S. and global peers in some areas. But that optimism is tempered by a warning: Without urgent policy action, Canada risks falling behind where it matters most, productivity-enhancing technology. A new KPMG survey finds that three-quarters of Canadian executives say […]