Landing a new job or being laid off can change more than your day-to-day routine—these transitions can also affect your taxes for the year. Whether it’s a welcome raise, severance, unemployment benefits or a relocation, several common tax issues often get overlooked. Below, tax professionals explain key ways job changes may influence your tax return … Read more

What people plan to do with their tax refund offers a small but telling snapshot of the broader economy. EQ Bank’s recent survey on how Canadians are approaching tax season provides insight into household priorities and financial pressures this year. After several years of elevated inflation and a higher cost of living, many households are … Read more

Ask MoneySense Hello Allan. I’ve been reading your advice in Moneysense, the Financial Post, and other outlets for some time. My accountant can’t answer this: is there any person or software that can help me calculate how to “die with nothing”? After decades of saving, I want to start spending, but it’s surprisingly hard. —Jane … Read more

Cynics have labeled America’s strike on Iran “Operation Epstein Fury,” suggesting the operation—originally called Operation Epic Fury by the Trump administration—served in part to divert attention from the Epstein files and the president’s frequent mentions. Whether that interpretation is accurate or not, the practical concern for many investors, particularly retirees and those nearing retirement, is … Read more

Imagine traveling the world and staying in comfortable, well-equipped homes without paying for hotels. Home swapping lets you live like a local, make genuine connections with hosts, and stretch your travel budget further. For travelers on tighter budgets or anyone seeking more authentic stays, swapping homes opens up many new possibilities. My husband and I … Read more

The tax changes affecting the 2025 Canadian personal income tax year are limited. A delayed federal budget reduced the number of new measures introduced for 2025, leaving most of the major adjustments for future years. Budgets are typically released in the late winter or spring, but because of the April 2025 federal election the government’s … Read more

“It’s the economy, stupid.” That famous line from James Carville in 1992 still rings true today—especially for Canadians. Ipsos polling from 2025 shows 23% of Canadians name inflation and the rising cost of living as their primary concern, while 42% want “help with the increasing costs of everyday expenses” to be a top budget priority. … Read more

Despite a growing body of evidence that most investors are best served by low-cost, broadly diversified index funds, some prefer a more hands-on approach to their portfolios. That can mean picking individual stocks or making tactical bets on specific markets—such as favouring Canadian equities or overweighting U.S. stocks. Sitting between these extremes is sector investing. … Read more

Despite their best intentions, many Canadians are not financially prepared for retirement. Rising living costs, increasing household debt, inadequate personal savings, and a lack of deliberate planning all contribute to a persistent retirement readiness gap. Unexpected events—serious illness, job loss, or the need to retire earlier than planned—can quickly turn a hopeful retirement strategy into … Read more

Home buyers hoping for a spring drop in interest rates will be disappointed: the Bank of Canada has chosen to keep its benchmark policy rate unchanged in its March decision, marking the third straight announcement without a change. The Bank’s overnight rate remains at 2.25%, and the prime rate that lenders use to price loans … Read more