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AI scam phone calls

News 10h ago

AI voice-cloning scams are fooling Canadian parents — but there were red flags that gave away one scammer

A phone call from a frightened child is every parent’s worst nightmare. AI is making that fear easier than ever to fake

Stressed couple analyzing financial bills and expenses, using a calculator and laptop to manage debt and household budget, feeling worried about their money situation

Managing Money 11h ago

More Canadians are choosing smaller weddings to afford other competing financial goals, hitting young people the hardest

As inflation and a tough job market squeeze young Canadians, weddings are getting smaller — here's how to save for one without sacrificing your TFSA, RRSP or first home

opular Canadian banks, Royal Bank of Canada, TD Canada Trust, Bank of Montreal, Scotiabank, Canadian Imperial Bank of Commerce, Tangerine on iPhone

News 12h ago

2.5 million Canadians already use Koho. A $1.33B valuation and a new bank license could make it a Big Six rival

Koho Financial is one regulatory step away from becoming a chartered Canadian bank. Here's what a Schedule 1 license would actually mean for your money.

HAPPENING NOW

Woman in a car accident calling insurance

Insurance 14h ago

New Ontario auto insurance rules take effect today: Dropping accident benefits to save money could cost you thousands

Why Ontario drivers should think twice before checking the opt-out box at renewal time under the new system

Screenshot of FSRA homepage logo | Closeup shot of man signing sales agreement

Insurance 15h ago

Ontario fines life insurance agents $224,000 for sales violations: Why the penalties are just the start

Ontario penalized 65 agents after finding 184 rule violations — many tied to unsuitable universal life policy sales

A photo of a father holding a baby looking distressed.

Managing Money Jun 30

How to build a modern emergency fund when everything costs more

Your emergency fund called. It wants a glow-up.

Professional Asian man sitting at desk looking stressed with a laptop in front of him

Investing Jun 30

The S&P 500 just flashed a rare market warning — and could change how Canadian investors think about risk moving forward

A market valuation signal last seen during the dot-com bubble is back — and for Canadians with U.S. index funds in their RRSP or TFSA, the implications are worth understanding

A group of diverse friends toasts with champagne on a luxury yacht at sunset.

Managing Money 2.6k views

$1 million isn’t what it used to be — and for Canadians, the number you need for financial freedom might surprise you

Wealth is relative — and in Canada, even $1 million may not be enough. Here’s where you stand, how to measure your progress and what the data says about reaching the top 10%

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Sam Altman

Employment Jun 30

Sam Altman backtracked on his AI jobs doom prediction. Here’s what Canadians should consider doing next

The OpenAI CEO is backpedalling on his predictions about massive job losses. Here’s what Canadian workers and investors need to know to prepare

Billy Bishop Airport

News Jun 30

Balancing Billy Bishop's growth with Toronto's waterfront requires looking beyond a single poll

A split poll doesn't tell the whole story. The real cost of expanding Billy Bishop includes closed waterways, stalled housing projects and rising health risk

Middle-aged couple looking at paper and confused

Managing Money 1.0k views

Our spreadsheet says we’re ready to retire at 60 — but are we? What every Canadian needs to consider first

Retiring early sounds simple when the numbers line up. But for Canadians, the real test is surviving the gap years before CPP, OAS and government benefits begin

Woman's hand pulling out Canadian bills from a wallet

Managing Money 3.4k views

Too much cash in your bank account is costing you — here's what Canadians need to know

Idle cash in a chequing or savings account feels safe. But with Canadian inflation at 3.2% and Big Bank chequing accounts paying 0%, your money is quietly losing ground.

New build home HST rebate

Real Estate Jun 29

Ontario’s new $130,000 HST rebate takes effect today: How to claim it on your next home purchase

The province's highly anticipated tax break for newly built properties rolls out this Monday after months of waiting, cutting upfront closing costs for eligible buyers

Molson brewery in Vancouver British Columbia

News Jun 28

What the rewrite of Vancouver’s historic Molson site reveals about the changing face of Canadian real estate

What the conversion of a historic brewery tells us about real estate trends across Canada

Stem-cell tourism

Life Jun 27

Stem-cell tourism is trending — but Canadians face big financial and health risks for unapproved treatments

From TikTok testimonials to $30,000 trips abroad, more Canadians are chasing experimental treatments that Health Canada hasn’t approved — and the financial and personal costs can be significant

Senior asian woman entrepreneur looking at the business books

Managing Money Jun 27

Incorporated professionals may be missing a tax break worth thousands — the $50,000 passive income trap

Incorporated professionals who hold investments inside their operating corporation may be eroding the small business deduction — one of Canada's most valuable corporate tax breaks.

Happy Valley Goose Bay Labrador

News Jun 27

Economic uncertainty hits regional development as major Labrador conference collapses

Last-minute cancellation of Expo Labrador over Indigenous history dispute leaves local businesses navigating sudden financial and logistical fallout

Governor General Louise Arbour

Managing Money Jun 26

New rule bars Governor General from lavish spending on clothes after $88K bill. Why it matters for you (and your money)

Canada's new Governor General is now limited on spending taxpayer money on clothes and shoes. Despite silence from Rideau Hall, Money.ca dug in to determine what this reveals about Canadians' financial struggles

Dave Ramsey giving an impassioned speech pointing his figure in the air

Investing 1.1k views

Dave Ramsey's blunt advice: 'Shut up and invest' — the real reason most Canadians aren't building wealth

The personal finance guru's blunt message cuts to the heart of why so many Canadians worry about retirement but still haven't started investing — and what to do about it

Coworkers in a break room

Managing Money Jun 26

Is your employer group RRSP match actually working for you — or are you leaving money on the table?

Employer RRSP matching programs are one of the most powerful retirement tools Canadians have — but vesting rules, opt-in gaps and contribution caps mean most workers aren't collecting the full amount