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Debt cycle

Managing Money • 1h ago

42% of Canadian families with kids now use credit for essentials — self-employed workers face the worst of it

When pay days become unpredictable, credit cards can fill in the gaps — until they don’t. Here’s how self-employed Canadians can create a cushion and get out of the debt carousel

TD Bank logo and elderly man using his cell phone

News • 2h ago

An 88-year-old lost $450,000 to a deepfake scam — and his bank won't return a penny under Canada's current rules

Most Canadian scam victims absorb the loss themselves. Here’s what the rules cover, what Ottawa has proposed and the steps that can limit the damage

Elderly retired couple enjoying a coffee and chatting

Retirement • 2h ago

Ottawa's 'RRSP for life' would kill the RRIF conversion at 71 — but what happens to mandatory withdrawals?

The federal government wants to merge RRSPs and RRIFs into one account, but the mandatory withdrawals at 71, and the tax bill that comes with them, aren’t going anywhere

HAPPENING NOW

Bank account charges

Banking • 6h ago

Ottawa's proposed ban on $150 bank transfer fees could save Canadians moving RRSPs, TFSAs and RESPs

Draft rules would stop banks from charging $50 to $150 per account when you transfer an RRSP, TFSA or RESP to a competitor

Young couple buying a new home

Mortgages • 23h ago

Only 18% of young Canadians feel confident about every homebuying cost — a CFP explains how to close the gap

Only 18% of Canadians aged 18 to 34 feel confident about every financial aspect of buying a home. Here's how to budget for the upfront and ongoing costs

Problem gambling

News • Nov 07

130,000 Ontarians now show signs of problem gambling — triple the 2018 estimate — as MPs weigh betting ad limits

Ontario's problem gambling rate has tripled since 2018. Bill S-211 could limit sports betting ads across Canada.

Warm places to live

Retirement • Nov 07

10 best warm places to live in the world, ranked by cost, climate and visa options for Canadians

Top 10 sunny destinations ranked by cost of living, healthcare, visa rules and climate for Canadian expats and retirees

Older woman talking to someone about her retirement goals

Retirement • Nov 07

I’m 57, newly divorced and starting over with $18K in retirement savings. Can I catch up in the decade I have left?

Many older Canadians are having to rebuild their finances after getting divorced later in life.

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City of Vancouver property sale notice + Foreclosed home due to unpaid taxes

Real Estate • Nov 07

Can you really buy a $1.7M Vancouver home for $72,000? Inside the municipal tax sale ‘trap’

Vancouver’s tax sale lists homes for a fraction of their value, but owners get a year to pay up. For Canadians who fall behind on property taxes, the real risk runs the other way.

CIBC logo in Toronto + Ontario Court House in Toronto

Investing • Nov 07

The clock is ticking on CIBC's $11-million mutual fund settlement — here's who can claim before the Nov. 18 cutoff

If you once owned CIBC mutual funds through an advisor and have since sold, you have until Nov. 18, 2026 to file a claim — or you’ll miss out on your share

Avi Lewis

News • Nov 06

Avi Lewis condemns Budget 2026's $36B business tax break, says affordability measures shortchange Canadian families

NDP Leader Avi Lewis says the federal budget showers CEOs and foreign investors with tax breaks. Here’s what low- and middle-income Canadians can actually expect from Budget 2026

Paramedic closing ambulance door in Toronto + Finance Minister Francois-Philippe Champagne in Toronto, August 2026

News • Nov 06

‘The house is in order,’ says Finance Minister as Canada’s deficit reaches $62.3B. What Budget 2026 means for you

Canada's $62.3B deficit pushes annual debt charges past health transfers. Here's how rising interest, government spending and Budget 2026 measures could impact your wallet.

Unhappy senior couple on a bench + Happy senior couple laughing

Retirement • Nov 06

We want to retire at 65 and have $3 million invested with no mortgage. Should we still pay for a financial planner?

Even with a sizable nest egg, it might be wise to hire a financial planner, but that depends on where you are in life and what your financial goals are for retirement.

Maryland Rep. Jamie Raskin

News • 11.7k views

Democrats pledge to repeal Trump's tariffs on Canada, but lack the votes to override his veto

Congress can pressure Trump on tariffs, but Democrats lack the two-thirds majority needed to override a veto

Snow buntings in flight, Ron DeSantis

Taxes • Nov 06

DeSantis-backed Florida property tax relief passes with 62% of the vote, but Canadian snowbirds are shut out

Floridians voted for a big homestead exemption that doesn’t apply to Canadian-owned winter getaways. But one part of Amendment 3 could slow the pace of rising taxes for snowbirds

Fake Filtered Cult Leader

News • Nov 06

3 Saskatchewan residents win US$40.1M defamation verdict against online spiritual teacher in Hawaii

A federal jury in Honolulu ordered a self-described spiritual teacher to pay US$40.1M to three Canadians she accused of child abuse

Elderly woman shovelling snow with her grandchild

News • Nov 06

Ottawa snow removal companies add $2-per-snowfall diesel surcharges as fuel crunch threatens to last into 2027

Ontario snow removal companies are adding diesel surcharges as operating costs climb. Here's what homeowners should know about potential price increases and their snow removal contracts

Telesat CEO Dan Goldberg and Mark Carney

News • Nov 06

Conservatives push ethics probe into Carney's ties to Telesat CEO as $2.3B defence contract faces scrutiny

Conservatives have asked Canada’s ethics watchdog to review Prime Minister Mark Carney’s friendship with Telesat CEO Dan Goldberg. Here’s what’s at stake for taxpayers and investors

Canada Post home delivery and community box delivery Canada

News • Nov 05

Canada Post ends door-to-door delivery for 18,000 Etobicoke homes Nov. 16 as $400M rollout begins

Etobicoke is first in the GTA to switch to community mailboxes, with the rest of the region following by 2031 — here’s what it means for your cheques, parcels and personal data

Diesel prices falling

News • Nov 05

Diesel prices fell up to 13 cents across Canada, but grocery bills won't follow anytime soon — here's why

Diesel prices fell as much as 13 cents a litre this week, but experts say grocery savings will lag. Here's why, how long it could take and what Canadians can do in the meantime