There are a lot of choices to make as a young adult in Canada. From selecting a post-secondary program to figuring out a career path, many people don’t have everything mapped out. One popular option is taking a gap year. A gap year can be an excellent chance to grow personally, recharge between studies, and … Read more

Ask MoneySense What happens if a married couple separates and they own a family home and a cottage? The separation is amicable and they want to divide the properties so the family home goes to the wife and the cottage goes to the husband. Would that trigger any taxes? —Peter Separation raises many financial questions, … Read more

If you’ve been feeling sticker shock at the gas pump, you likely wonder why prices rise and fall throughout the year. Below is a clear overview of how much Canadians are paying for gasoline, what drives price changes, and practical tips to reduce your fuel costs. How expensive is gas in Canada? According to CAA’s … Read more

TD Bank has recently drawn negative attention for lapses in its anti-money-laundering controls, a development that may also present a buying opportunity for long-term investors. Below is a clear summary of the situation, what regulators have done so far, how the stock has reacted, and what this could mean for Canadian investors. Regulatory actions and … Read more

Being unable to conceive naturally is emotionally and financially challenging. When you add the often-high costs of fertility treatments, the wide range of individual circumstances, and an industry that frequently keeps fees opaque, the process becomes even harder to prepare for and manage. Calgary marketing professional Kelsi Ribecco has tracked her fertility-related spending since 2018 … Read more

In Canada, the executor of an estate plays a vital and often complicated role in settling a deceased person’s affairs. An executor is responsible for collecting and valuing assets, paying debts and taxes, distributing inheritances according to the will, and generally ensuring the estate is wound up correctly. For taking on these duties, executors can … Read more

The odds of a June interest rate cut from the Bank of Canada (BoC) have eased after Statistics Canada’s latest labour force survey showed employment rose by 90,000 in April. That gain considerably surpassed expectations and marked the largest monthly increase in more than a year. The unemployment rate in Canada Statistics Canada reported the … Read more

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, summarizes recent financial headlines and provides context for Canadian investors. Buffett not “uncomfortable” with Canada When countries compete for large-scale foreign investment, they often promote themselves with buzzwords like “innovative,” “efficient,” “attractive,” and “shareholder-friendly.” Given Canada’s recent economic stagnation, Warren … Read more

Nathan Kennedy once admired podcasters and personal finance bloggers who could break down money topics into plain language that anyone could grasp. A junior sales and marketing executive in several companies at the time, he absorbed lessons from creators who made finance approachable. Today, Kennedy has become one of those creators. With a combined following … Read more

If your heart wants to give someone an elegant, luxurious bouquet but your budget points toward supermarket blooms, don’t worry. With a little creativity and a few practical techniques, you can turn an inexpensive bouquet into a show-stopping arrangement that looks and smells far more expensive than it cost. Photo by Jessica Damiano via AP … Read more