How to file your taxes online in Canada
Whether you’re filing your taxes for the first time or looking for a better, cheaper way to do it, this short guide will show you how easy it is to file your taxes online in Canada. In truth, you can file your tax return online or by mail. But the Canada Revenue Agency (CRA) — […]
4 tips to help optimize your student loan repayment in Canada
Life is unpredictable, and financial obligations, such as student loans, can prevent us from acting quickly and decisively to adjust to changing economic circumstances. According to the Government of Canada, the total amount of student loans owed sat at $23.5 billion in 2022. In April 2023, the accumulation of interest on Canada Student Loans was […]
How student loan forgiveness works in Canada and the best ways to pay down your student loans
Student loans are often the first debt accrued by young Canadians with the average student loan at graduation for a Bachelor’s degree being $30,600 in 2020, according to Statistics Canada. What’s more, the total amount of student debt totals a whopping $23.5 billion. Women make up the majority (59%) of borrowers. Suffice to say, paying […]
Canada’s gender pay gap: Tech wage gap almost triples in 8-years as public service wages equalize
Canada’s gender pay gap has widened to a gulf in some industries and trickled to a stream in others. For instance, men in tech are now making $20,000 more than women annually, based on research conducted by the Dais using Statistics Canada data. However, in some arenas, such as public service, Canada has eked out […]
What it takes to retire with a comfortable $10,000/month in Canada
Retirement is the goal for many, but getting there can feel like a formidable but rewarding challenge. It takes preparation, diligence and patience to be able to accrue enough saved income in order to enjoy those golden years, especially suited to your individual circumstances and lifestyle preferences. Everyone’s goal may be different, but all future […]
‘Good debt makes you rich’: Ken McElroy and Robert Kiyosaki are sitting on a combined $2 billion in debt — but they’re not worried. Here’s how borrowing can supercharge your wealth
The common lore amongst most financial professionals, as well as everyday folks, is that being in debt is always bad, right? Ken McElroy and Robert Kiyosaki don’t think so. McElroy, a real estate entrepreneur, and Kiyosaki, a businessman and best-selling author of Rich Dad, Poor Dad, recently made a YouTube video from the comfort of […]
You sold a successful business. How do you use your windfall? Maybe a dream trip?
Being a business owner means getting cozy with uncertainty. From shifting consumer preferences to a global pandemic, your company can be trucking along the highway of prosperity one day and flipped over in a ditch the next. Typically, superior service, products and operations act as a sufficient barrier between a business and the daily uncertainties […]
I’m 67 and want to buy my dream retirement home in Florida but I don’t have enough money to buy it in cash — can I still get a mortgage as a retiree?
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. Buying a dream retirement home is a fantasy for many people, but the big question is — can it become a reality? Not all older Americans have enough savings […]
Wealthsimple client falls victim to fraud as almost $5,000 in crypto is sold and withdrawn from his account — what investors need to know to protect their assets
In an age where digital transactions dominate, financial security is more critical than ever. One Wealthsimple user recently learned this the hard way after waking up to a shocking discovery — nearly $5,000 had vanished from his account. The cause? Cyber fraud. The investor, a member of the r/Wealthsimple forum on Reddit, described how their […]
Share of Canadians looking to job switch is down from 2024
A new report from talent solutions and business consulting firm Robert Half revealed over a third (38%) of workers have started or are planning to start looking for a new job in the first half of the year. That figure is down from half in July 2024. "While many professionals right now are still interested […]