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Suze Orman attends the Forbes and Mika Brzezinski 50 Over 50 Celebration at The Rainbow Room on October 25, 2024 in New York City

Managing Money 5h ago

Suze Orman calls an emergency fund a quality-of-life move — but many use a HELOC, a gap that gets expensive fast

Why Canadians still need an emergency fund — and why a HELOC doesn't count

Flooded sign in front of a duck pond after a heavy storm

Insurance 5h ago

Record life insurance coverage hides a growing gap for Canadian households, with Ontario facing the largest shortfall

A new industry study finds Canadian households are underinsured by 14.5% on average, even as total coverage hits record highs — and Ontario families face the widest gap in the country

White wall with handwritten sketch of money and question marks (Inlay) Ramit Sethi attends the Bilt Holiday Kick Off 2025

Investing 7h ago

Ramit Sethi's $30,000 questions: 4 money moves Canadian professionals keep skipping

Here’s how Ramit Sethi’s $30,000 questions framework applies to salary talks, RRSP matching, TFSAs and mortgage renewals for Canadians

HAPPENING NOW

Man laying in bed wrapped in a blanket next to an image of a Mexican ambulance

News 7h ago

Ontario man left owing $147K after travel insurance claim was denied — the hidden policy clause Canadians need to know

Travel insurance is touted as a necessity, but what if it doesn’t cover you when you need it the most? Here’s what Canadians need to know about medical coverage overseas

Hidden costs Canadians pay for working longer

Managing Money 8h ago

3 hidden costs Canadians pay for working longer even when they can afford to retire

Delaying retirement by ‘just one more year’ feels like the safe choice — but for Canadians who are already financially ready, the real costs may surprise you

Good monthly retirement income in Canada

Managing Money 2.6k views

What's a good monthly retirement income in Canada, and how do you know if you're on track?

A good monthly retirement income in Canada is usually $3,500–$5,000. Here's how to check if you're on track

Toronto skyline

News 9h ago

The multi-billion dollar solution hiding in Ontario's backyard

How a targeted wealth tax could transform Canada's economic hub

Carney AI Scam

News 9h ago

86-year-old Ontario woman loses $900K to an PM Mark Carney AI deepfake scam — and she's speaking out about it

An Ontario retiree lost $900K to an AI deepfake scam. Here's how to protect yourself from investment fraud

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Medical team caring for patient in ICU hospital + (Inlay) CRA headquarters sign and CRA diagram explaining tax scheme

Managing Money 1.9k views

CRA warns incorporated professionals: This insurance-based tax loophole isn't real and could cost you jail time

The CRA says some critical illness insurance arrangements are aggressive tax schemes — here's how to know if yours is one, and what to do if you're already in it

High water in the suburban areas - insurance claims

News Jul 02

Home insurance nearly quadrupled in 20 years — and Statistics Canada just explained why

A Statistics Canada study confirms extreme weather is driving home insurance premiums far above general inflation — and the trend is spreading province by province.

Solo aging

Managing Money Jul 02

Solo aging in Canada: The financial and legal steps every single senior needs to take before a health crisis

When you’re aging without a spouse, kids, or close family, the financial and logistical weight of retirement can feel crushing. Here’s how to lighten the load before a health crisis forces your hand

Low Point lighthouse with New Waterford wind turbines on Cape Breton Island Nova Scotia

News Jul 02

Canada’s $60 billion wind power gamble could change how you pay for energy

Atlantic Canada is officially pre-qualifying global energy giants for its massive offshore wind project, bringing a major shift to the national electricity grid closer to reality

Close-up foreclosure real estate sign in front of house

Managing Money Jul 02

Canadian insolvency filings just hit a 17-year high — here's what the rising debt trend means for your money

37,121 Canadians filed for insolvency last quarter, and the pace is accelerating fast enough that it should change how you think about your own debt load

AI scam phone calls

News Jul 01

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 Jul 01

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 Jul 01

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.

Woman in a car accident calling insurance

Insurance 1.1k views

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 Jul 01

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