Owning a car is getting more expensive — and it’s quietly squeezing household budgets
For many Canadians, the cost of owning a car is rising on multiple fronts — from higher purchase prices to more expensive fuel and ongoing monthly costs. While gas prices have drawn attention in recent weeks, they’re only part of a broader shift that has been slowly building since the pandemic. Don’t Miss A single […]
Divided city, divided skies: Poll reveals narrow support for Billy Bishop expansion
The debate over allowing jets at Billy Bishop Toronto City Airport has evolved far beyond a simple noise complaint; it has become a high-stakes statistical dead heat that could permanently alter Toronto’s skyline. A new Liaison Strategies poll has pulled back the curtain on a city deeply divided, caught between the lure of global connectivity […]
Why an Ontario woman lost $85,000 trying to refinance her mortgage
If you’re currently looking to refinance your mortgage or consolidate debt, Randee Solomon’s story is a cautionary tale. In the world of Canadian personal finance, we often talk about interest rates and amortization periods, but we don’t talk enough about the gatekeepers of those deals. Solomon, a resident of Scarborough, ON, recently shared a devastating […]
Paying $2 a litre at the gas pump? Here’s how Canadians can decide if switching to an EV is worth it right now
If you’ve been putting off buying an electric vehicle (EV), the current pain that drivers are feeling at the pump may be pushing you toward a decision. Across Canada, the national average for regular gasoline sat at roughly $1.80 a litre in the second week of April — up from about $1.26 a litre before […]
Canadians with a mortgage buy 38% more life insurance — and why that’s still not enough
Taking out a mortgage is one of the biggest financial decisions most Canadians ever make. New research shows it’s also the moment many start thinking about buying life insurance. Data from the insurer PolicyMe shows that 42.3% of applicants list their mortgage as a reason to buy life insurance. That’s second only to the well-being […]
Ontario just announced up to $130,000 in housing relief and new family benefits — here’s how to claim what you’re owed
Following the federal tax rate adjustments, significant new benefits have been introduced specifically for Ontario residents in 2026. While national changes often receive the most attention, provincial updates regarding housing and family support offer substantial financial relief for eligible taxpayers. Don’t Miss A single line on your car insurance policy could be inflating your premium […]
54% of expecting parents say they’re not fully financially ready for a child
Starting a family is becoming as much a financial decision as a personal one — and many Canadians aren’t fully confident they’re ready. New research from Embark finds more than half (54%) of expecting parents say they feel only somewhat financially prepared to have a child, highlighting a significant gap between planning and confidence. "What […]
PC Mastercard is changing banks — what EQ Bank’s takeover of PC Financial means for my rewards
If you carry a PC Mastercard or earn PC Optimum points at Loblaws, Shoppers Drug Mart or No Frills, a significant shift in your banking relationship is underway. EQB Inc. — the parent company of EQ Bank — announced on March 6, 2026, that it received Competition Bureau clearance for its proposed acquisition of President’s […]
Contaminated gas cost this Canadian over $1,000 in repairs — why Canadians should be concerned and what to do if it happens to you
After multiple Ontarians complained of having water in their fuel tanks after filling up at an Esso gas station in Elmvale, the station’s two fuel tanks are now out of commission. CTV News reported that the Technical Standards and Safety Authority (TSSA), which regulates and provides oversight of both fuel and other industrial stations, received […]
More than 1 in 10 Canadians are now living below the poverty line, struggling to cover the high cost of food and housing
Canadians across the country have been struggling to make ends meet. And new data from Statistics Canada showcases the numbers that back up these anecdotes. According to the latest income data from the agency, 11% of Canadians were living in poverty as of 2024 (1). Compared to 2023, which saw the poverty level at 11.1%, […]