At 65 and set to retire with $357,000 in the bank: How much money can you comfortably spend each year?
This article adheres to strict editorial standards. Some or all links may be monetized. John spent the last 30 years working, and like many Canadians, thought that in itself was enough to be ready to retire. Unfortunately, he didn’t begin saving until about 15 years ago. Let’s say that hypothetically, despite some obstacles, John managed […]
Burnout is rising among Canadians — and many say their workplace isn’t helping
Canadian workers are being exhausted at rising rates, with 39% saying they feel burnt out, up from 35% last year, according to a new national survey from Mental Health Research Canada (MHRC) and Canada Life. Behind those numbers is a familiar story: Employees are struggling to keep up with workloads, stress and economic pressures — […]
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 […]
5 of the best low-risk investments for Canadians that protect your cash — and earn you more in 2025
One of the keys to building wealth is understanding the relationship between risk and reward. Canadians are always on the lookout for low-risk investments, but you must understand that free lunches do not exist. A risk-free investment (like a GIC) has a lower expected return than a high-risk investment (like an individual stock). As an […]
How low will they go? Toronto house prices are falling
The Greater Toronto Area’s real estate market is losing some of its pandemic-era steam, and experts say that could be good news for buyers who have been waiting for prices to cool. Royal LePage now predicts home prices will fall 3% by the end of 2025 compared to last year, signalling that even as interest […]
89 year old Quebec woman on the brink of losing her home after falling victim to a phone scam. How it worked and how you can protect yourself
A senior from Vaudreuil, Quebec, is poised to lose her home after losing over $50,000 earlier this year due to a scam. Diane Riley, an 89-year-old woman who lives in an assisted living facility with her two special needs children, received a phone call in February from someone pretending to work for an “anti-fraud squad,” […]
Prime Minister Mark Carney pauses Canada’s electric vehicle mandate amid industry pressures
Prime Minister Mark Carney has announced a temporary delay in the implementation of Canada’s electric vehicle sales mandate. Originally slated to require 20% of new passenger vehicles to be zero-emission by 2026 — a policy introduced under former Prime Minister Justin Trudeau — the plan will now be waived to ease pressures on the automotive […]
New U.S. rule could cost Canadian snowbirds up to $900 a year
For a typical Canadian couple, new U.S. border rules could add $250 to $900 a year in extra costs — covering document preparation, travel delays and cross-border tax advice — before they even unpack their bags in Florida or Arizona. The new U.S. rule was announced in March and went into effect on April 11, […]
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 […]
Alberta woman says her recent vacation cost her $100K after a sudden medical emergency. Here’s how travel insurance can protect you from unforeseen costs
Insurance is one of those purchases that can feel like a necessary evil. After all, you’re paying money to cover you in case a rare incident happens. But for Alberta native Dione Amundson, her travel insurance may end up saving her around tens of thousands in medical bills. Amundson and her son traveled to Japan […]