New citizenship law could change your financial future. Here’s what Canadians need to know about Bill C-3 and ‘Lost Canadians’
If you’ve ever wondered whether a long-lost connection to Canada could open new doors for you, a new federal law has delivered a stunning answer: Yes, it might. Here we’ll unpack the financial implications — for both newcomers and existing Canadians — so you can understand how dual citizenship might affect you. Bill C-3, which […]
1 in 3 Canadians carrying credit card debt as rising costs squeeze budgets
More Canadians are leaning on credit cards to get through the month, as rising living costs continue to strain household finances. New data from Vividata shows that 36% of Canadian credit card holders carry a balance, with many using credit to cover shortfalls when money runs tight. The findings come as broader financial pressures push […]
Most Canadians keep their savings in the wrong account — here’s what $10,000 can earn in a year in a standard account versus a high-interest one
You probably have money sitting in a savings account right now. The question is: is it working hard enough for you? For most Canadians, the answer is no. The average ongoing savings account interest rate in Canada is currently 0.93% according to Finder Canada, a figure that includes rates from the Big Banks, digital banks […]
Could your rent payment finally earn you points? Scotiabank and Casa say yes — with no transaction fees
For most renters, that monthly housing payment is the single largest line item in a monthly budget. Until recently, it was also one of the few recurring expenses that credit cards couldn’t help you with (unless you used an expensive cash advance). Even when using payment platforms, transaction fees made it too costly to use […]
I helped my son buy his first condo and it’s dropped $20K in value. Should we have waited before taking the leap?
Buying a first home is no small feat for many Canadians. With the cost of home ownership still out of reach in popular locations, families have been stepping in to help their children enter the housing market. The Survey of Financial Security from Statistics Canada found that in 2023, just over 20% of homeowners had […]
The ‘odd jobs economy’ is growing as British Columbians look for extra income
In British Columbian, people are finding ways to earn extra money closer to home — not necessarily through traditional side hustles, but rather by taking on small, practical jobs in their local communities. New research from the British Columbia Automobile Association (BCAA) suggests three in five people in the province either already earn money from […]
Her fiance broke up with her because of debt and financial struggles. The Ramsey Show’s advice is a wake-up call for Canadians, too
Money problems are one of the most common sources of tension in Canadian relationships. A 2024 RBC poll found that 77% of couples say money is a source of stress, and 62% said money caused arguments (1). The problem isn’t only about numbers on paper — it’s about values, habits and trust. Rita, a caller […]
My dog’s vet bill hit $2,000 — and I had no pet insurance. Here’s what every Canadian pet owner needs to know
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. When I took my dog, Oscar, to the vet because of suspected digestion issues, I was just planning on a quick visit and a recommendation to change his food. […]
Fuel surcharges are showing up everywhere — here’s where Canadians are paying more
Rising oil prices driven by conflict in the Middle East are starting to show up in more places than just the gas pump — and increasingly, in the cost of everyday services. According to analysis from RBC, higher energy prices tend to hit consumers quickly through fuel costs, while also gradually pushing up costs across […]
Montreal landlords push for 20% rent hike, resulting in a $150 monthly increase — but tenants can fight back, here’s how
Ali Kamruzzaman has chosen to live in the same Montreal apartment for nearly three decades, he told CBC News, despite visible signs of negligence: Mould growing in the bathroom, cabinets too warped to close — the list goes on (1). But instead of getting a notice that these issues were going to be fixed, Kamruzzaman […]