When you’re facing unpaid credit card debt, ignoring the bills isn’t a good option—even when everyday expenses feel overwhelming. Fortunately, there are practical steps you can take to limit the damage and regain control of your finances. Resource highlight LoanFinder is moments away from showing your personalized loan matches In under 60 seconds, get paired … Read more

Taxes are a constant in life, but the rules change from year to year. This filing season brings several important updates that taxpayers should understand before they prepare their returns. Below are the key changes and what they mean for individuals filing for the 2023 tax year. Home office expenses During the COVID-19 pandemic, many … Read more

Saving for retirement at age 45 gives you roughly two decades to build toward a typical retirement at 65. Where you start matters. Financial advisers often suggest different benchmarks: by age 40 some recommend having roughly two to three times your annual income saved, while by age 45 many suggest aiming for the equivalent of … Read more

A new report from Rentals.ca and Urbanation shows the average asking rent in Canada reached $2,193 per month in February—an increase of 10.5% year over year and the fastest annual rise since September 2023. According to the monthly listings analysis, the average asking rent for a one-bedroom unit in February was $1,920, up 12.9% from … Read more

In recent years, thousands of Canadians have taken on side gigs or launched new businesses. A QuickBooks study found that one in four small businesses in Canada were started during the pandemic. Self-employment comes with a steep learning curve, and Montreal-based freelance writer Julie Barlow is a good example of someone who learned it well. … Read more

Reddit, the sprawling and sometimes unruly online forum network, set a price range Monday for its initial public offering that values the 18-year-old company at up to $6.4 billion. The proposed IPO is notable not only for the valuation but also for Reddit’s decision to include its community—moderators and active contributors—among potential shareholders, a departure … Read more

Ahoy, maties! If you’ve dreamed of sailing on a Disney cruise but worried about the cost, you can travel on a budget—even with Disney. With careful planning and a few insider tips, a magical cruise can be affordable for families and couples alike. A Disney cruise has been on my bucket list since my husband … Read more

When Amrita Maharaj-Dube takes her five-year-old daughter shopping, the child is instantly attracted to anything pink and sparkly. But Maharaj-Dube draws a line when a pink unicorn or heart-branded item costs noticeably more than a similar product decorated with dinosaurs or spaceships. “I started buying more gender-neutral colours for my children,” said Maharaj-Dube, who also … Read more

On March 6, the Bank of Canada (BoC) kept its key overnight lending rate at 5% for the fifth time in a row. For many Canadians this brings a mix of relief and frustration: relief if you hold savings or worry about higher rates, frustration if you hoped for cuts to ease borrowing costs. Here’s … Read more

Canada plans to welcome nearly 1.5 million newcomers over the next three years. If you’re starting a new life here, finding a dependable source of income is a top priority. To help you focus your job search, MoneySense has compiled a concise guide to fast-growing industries and in-demand roles across Canada. This overview draws on … Read more