LATEST NEWS
Trending Managing Money Investing Real Estate Mortgages Retirement Auto Life Insurance
Frustrated older employee at a desk

Investing • 2h ago

I’m 57 with $650K saved and I hate my job. Can I afford to retire 3 years before I can claim CPP?

Quitting now means three years without CPP, no workplace health benefits and a budget of about $26,000 a year. Here’s what an early exit would take — and how to stretch the nest egg.

Mugshots of Richard and Michelle Butler, Toronto Blue Jays flag

News • 3h ago

Former Blue Jays player Richard Butler and wife face fraud charges after $60K vanishes from youth baseball program

Durham police allege a former Blue Jays player and his wife diverted $60,000 collected for an Ontario youth baseball program.

Shopping for groceries

Managing Money • 3h ago

Canadian families face $17,600 food bill in 2026 as Competition Bureau probes grocery pricing practices

Grocery costs are forecast to keep rising, but Ottawa is looking at whether competition is making food more expensive. Here’s how shoppers can save.

HAPPENING NOW

Kevin O'Leary on Instagram + Steven Bartlett on The Diary of a CEO

Investing • 3h ago

Kevin O’Leary swears by this 1 money habit, which could make you a millionaire by retirement. Here’s how to do it

O’Leary says you can “end up a millionaire” by retirement if you follow this simple advice and concentrate on habits, not market timing.

Laid off after moving

Employment • 4h ago

Employment lawyers say workers laid off after moving may be owed more than the minimum — 3 steps before you sign

Moving for work can leave you with extra costs if the job disappears. Your termination package may be worth more than you think, even after a short time on the job

Drone McNugget order

News • 5h ago

A drone got McNuggets and booze into a top-security Quebec prison — now Ottawa is installing nets

Ottawa has spent years trying to keep drones out of federal prisons, yet a McDonald’s meal still reached Canada’s most secure unit. Here’s what that means for your tax dollars

Bill Clinton

News • 1.7k views

Bill Clinton calls Carney 'most well-qualified leader in the world,' but Canada's 68,000 job losses tell a harder story

Political praise and insults won’t pay your bills, but rising unemployment, a looming Bank of Canada decision and a new $9B support plan could affect Canadians’ jobs, mortgages and savings

Prime Minister Mark Carney in Ottawa + Donald Trump in South Carolina

News • 20h ago

‘Tariffs make both our industries weaker’: Carney talks trade with Trump as U.S. accuses Canada of election meddling

As Carney balances economic protection with diplomacy amid U.S. accusations and trade friction, Canadians must prepare for holiday price shifts under ongoing cross-border economic tensions.

The best of Money.ca
delivered weekly

By signing up, you accept Money.ca Terms of Use, Subscription Agreement, and Privacy Policy.

Screenshots of social media posts

News • 21h ago

Fake Jagmeet Singh ‘arrest’ ads are flooding X — clicks lead to a trading scam targeting Canadians’ savings

The AI-generated images are just bait — the real goal is to get Canadians to deposit their savings on a fake trading platform, then keep you paying to get your money back

Avis car rental sign and driving to Ottawa

Managing Money • 3.0k views

Avis billed a Toronto man $5,900 for driving 28,933 km in 7 days — 168 solid hours of driving. How he got it reversed

A data entry error turned a week-long road trip into a $5,900 bill. Here’s how Canadians can challenge an impossible rental charge — and where to escalate when the first answer is no

Woman banned from Amazon

News • Oct 22

Mississauga woman says Amazon banned her account over 1 cancelled order — here's what Canadians can do if it happens

A locked Amazon account can freeze gift cards, Prime and purchases. Know your rights under PIPEDA and provincial consumer law

Flamingo

Managing Money • Oct 22

Ontario man's drunken flamingo theft in Las Vegas now means 7+ months stranded, a felony and mounting legal bills

An Ontario man's drunken Vegas stunt left him convicted, stuck in Nevada for months and facing costs that no travel insurer or Canadian consular office will cover

BMO logo and home for sale in Toronto

Mortgages • Oct 21

IMF flags a bond-market threat — as BMO raises its 5-year fixed rate to 5.14%

Global bond markets are pushing Canadian fixed mortgage rates higher before the Bank of Canada makes a move — and homeowners renewing soon will feel it first.

Trump backpedals on Bombardier

News • Oct 21

Trump vowed to block Bombardier from the U.S. — then 1,500 Kansas jobs changed his mind

Bombardier stock jumped 4% after Trump pledged to protect the jet maker's Wichita operations

OAS inflation

Retirement • Oct 21

OAS is up 3% over the year — but Atlantic Canada seniors face 5.7% inflation and a 57.8% jump in fuel oil

OAS is indexed to national inflation, not the cost of heating a home in Charlottetown or Halifax — and that leaves many Atlantic Canadian seniors short heading into winter

Federal budget forecast

News • Oct 21

PBO slashes Canada's 2026 growth forecast to 0.9% and warns of $70.2 billion peak deficit as U.S. tariffs bite

The Parliamentary Budget Office now sees slower growth, rising unemployment and bigger federal borrowing. Here’s how Canadians can shore up their household finances before the next budget

CIBC Simplii lawsuit

Banking • Oct 21

Charged $45 twice for one bounced payment? CIBC and Simplii customers could get money back

A proposed $10M class action settlement could put about $35 back in eligible accounts — no claim needed, but your CIBC or Simplii account has to stay open

Donald Trump, Mark Carney and Doug Ford

News • 11.1k views

Carney and Doug Ford team up on new aid for Ontario's auto and steel workers hit by 50% U.S. tariffs

Ottawa and Queen’s Park are rolling out new help for tariff-hit companies, but laid-off auto and steel workers can tap enhanced EI and Work-Sharing supports right now

Man on smartphone, image of Bank of Canada building

Mortgages • Oct 21

CMHC's chief economist warns Bank of Canada rate hikes could arrive by early 2027, sooner than expected

CMHC's chief economist sees rate hikes returning as early as the first half of 2027. Here's what Canadian homeowners need to know.

Lose out on carbon rebate

Taxes • 5.2k views

CRA deadline: Canadians could lose up to $1,800 in carbon rebates if they don’t file past tax returns by Oct. 30

The carbon rebate is tax-free and isn’t income-tested, and the people most likely to be owed are the least likely to have filed