When you are handling the tax affairs of someone who has died, there are specific steps to take to notify the Canada Revenue Agency (CRA), establish formal representation, and complete the required tax filings. Acting promptly and with the correct documentation helps protect the estate and the executor from unexpected tax liabilities. Contacting the CRA … Read more

If you’re applying for a personal loan in Canada, you’re likely doing so because your finances need support—whether that’s from high-interest credit card debt, an unexpected bill, or a plan to get back on track. You’re not alone: Canadian consumer debt rose noticeably in recent quarters, and many borrowers seek personal loans to consolidate balances … Read more

Whether you want to lower your 2025 tax bill or grow your retirement savings, the annual RRSP contribution deadline creates a timely opportunity to revisit your allocation. Contributions to a registered retirement savings plan (RRSP) reduce taxable income, but the investments you choose inside that account will determine how well your savings match your goals … Read more

For decades, career advice for young Canadians followed a simple, linear script: earn a degree, secure the highest-paying job you can find, climb the corporate ladder, and stay the course until retirement. That model made sense in a different economic era, but the rules are changing. Recent findings from the 2026 CIBC Ambitions Index show … Read more

Statistics Canada recently published new employment insurance (EI) figures that paint a difficult picture for Canadian workers, especially younger people. Over the year ending November 2025, the number of EI recipients climbed by 16.1%. Among Canadians aged 15 to 24—the cohort that largely corresponds with Gen Z—the increase was 12.4%, leaving more than 50,000 young … Read more

My family and I moved to Canada in the summer of 2019, full of optimism and ready to work hard to build a new life. I understood it would take time to find meaningful work and that I might not immediately land a role at the same level I had in Dubai. I was prepared … Read more

As a digital nomad for nearly a decade, I’ve taken countless flights and watched prices climb. Last-minute deals are rarer, airlines are stricter about perks, and even sale fares are often higher than they used to be. Over the years I’ve learned practical strategies for finding cheaper—or at least more reasonable—airfares from Toronto and elsewhere. … Read more

Planning to move out of Canada? Before you leave and officially become a non-resident for tax purposes, there can be significant tax consequences. You will generally need to file a final Canadian tax return covering the period you were resident in Canada, complete several specific forms, and in many cases obtain professional tax advice. This … Read more

Investing is a long-term journey rather than a single decision. When building your investment strategy, it helps to consider where you are in life and where you stand on the path to retirement. As your financial priorities shift—from the early stages of your career through mid-life, into the years just before retirement and then retirement … Read more

Canadians now have a new tool to save for a home down payment: the First Home Savings Account (FHSA). Also called the tax-free FHSA, the account provides up to $40,000 in tax-advantaged savings room for eligible first-time home buyers. Since its launch, hundreds of thousands of Canadians have opened FHSAs. This article answers common questions … Read more