1. Invest with confidence
Investing in the stock market can help you build a sizable nest egg for retirement and a passive dividend income stream. With CIBC Investors’ Edge, you can enjoy low commissions on trades and no or minimal account maintenance charges, depending on the size of your portfolio.
Pay no account fees for RRSPs with a balance of $25,000 or more and TFSAs with a balance of $10,000. For non-registered accounts, the platform waives maintenance fees if the account balance exceeds $10,000.
Build your portfolio with CIBC Investor’s Edge and get up to 100 free trades and over $200 in cash back. Pay just $6.95 per stock and ETF trades and no fees on mutual funds — or make more than 150 trades in a quarter — and you fall under the Active Trader category, where you can enjoy a discounted commission of $4.95 per trade.
CIBC Investor's Edge
Build your own investment portfolio and enjoy low commissions
2. Consolidate your debt and repay it faster
Paying down your debt is one of the smartest financial decisions you can make. If you have massive credit card debt or recently got it with a big expense — like car repairs, chances are you will be on the hook for quite some time and have to pay a substantial amount in interest.
A better option is to consolidate your debt by taking out a single loan at a lower rate. This can both ease your interest costs and improve your credit score. With Loans Canada, you can shop for the most competitive interest rates on personal and debt consolidation loans, since Loans Canada specializes in comparing rates offered by different lenders.
You don’t need a minimum credit score or annual income to receive personalized loan offers.
3. Protect your furry friends with pet insurance
If you have a furry friend or are thinking about adopting one, you probably know about the soaring medical and grooming costs for pets. According to a recent study by rover.com, the average cost of owning a dog is somewhere between $80 and $340 per month.
Spot Pet Insurance provides up to 90% cash back on vet bills, as well as unlimited payouts on accidents and qualified illnesses.
You can also get up to $500 cash back on kennel and pet boarding costs and up to $1,000 on alternative therapies for your pet through Spot Pet Insurance.
4. Know where your money is going
The rising cost of living in recent years has been a major cause for concern for many Canadians. According to a 2024 survey by the National Payroll Institute and Financial Wellness Lab of Canada, approximately 41% of respondents feel financially stressed.
Budgeting and tracking can help you understand where your money is going, so you can make every dollar work for you.
That’s where Monarch Money's expense tracking system comes in. The all-in-one money app seamlessly connects all your accounts in one place, giving you a clear view of where you're overspending. It also helps you monitor your expenses and payments in real time.
Whether you're looking to save, buy a car, pay off debt, or simply control your spending, Monarch Money brings together everything you need to manage your finances effectively. For a limited time, you can get 50% off your first year with the code MONARCHVIP.
5. Stop overpaying for car insurance
Car insurance premiums in Canada have been trending up in the last ten years, increasing 36% from 2014 to 2024, according to an April 2025 report by Statistics Canada.
But, depending on which province you live in, your driving history and the make and model of your car, there are some insurers that can offer you far less than what you're currently paying. Thanks to YouSet, comparing multiple insurance companies is easier than ever.
Just answer a few questions about yourself and your car and you can compare policies from major Canadian insurers for free — in less than 4 minutes.
In just a few clicks, you can save up to 29% on your annual premium with their exclusive rates and discounts.
More money moves to make right now
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Amount ‘distributed back’ represents the total liquidation proceeds distributed back to investors, net of all fees, expenses and proceeds reinvested in Masterworks offerings, of all works Masterworks has exited to date.
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