Gold reached a record high of US$4,379 per ounce in October. At the time, we published a comprehensive guide on how investors can gain exposure to gold. The central conclusion was simple: for most investors seeking portfolio diversification, owning gold through an exchange-traded product (ETP) — whether an exchange-traded fund (ETF), closed-end fund (CEF), or … Read more

When bills go unpaid, calls from creditors can start quickly. At home, at work, by phone or by mail—debt collectors will try multiple ways to get you to pay. Debt collectors are required to follow specific rules about how they contact you and what information they can request, but many Canadians aren’t sure when lawful … Read more

In 2024, Canadians reported losing an astonishing $638 million to fraud, according to the Canadian Anti‑Fraud Centre (CAFC). That amount is roughly $60 million higher than the previous year’s reported losses, and experts warn the real total is almost certainly much larger: the CAFC estimates fewer than 5% of scams are ever reported. These numbers … Read more

There have been several important personal finance developments this year that could affect how much money you have available. If you missed some headlines, here’s a clear, up-to-date summary of the key policy and market changes for 2025 and what they mean for households. Interest rates and inflation As inflation cooled, the Bank of Canada … Read more

The BMO eclipse rise Visa is one of only three no-fee BMO credit cards. Unlike the cash-back options among BMO’s no-fee cards, the eclipse rise Visa earns BMO Rewards points on purchases. You can redeem those points in a variety of ways — travel, investments, merchandise, gift cards, Apple purchases, or statement credits — so … Read more

If you’re considering an American Express credit card, the American Express Cobalt card frequently comes up as a top recommendation. The Cobalt blends strong rewards on everyday spending—especially dining, groceries and streaming—with solid insurance coverage and flexible travel redemption options. This review breaks down the card’s rewards, perks, insurance, fees and real cardholder impressions to … Read more

Your RRSP contribution limit is the maximum amount you can put into your registered retirement savings plan in a year without facing penalties. It’s calculated from your unused RRSP deduction room plus 18% of your previous year’s earned income, capped by the annual limit set by the Canada Revenue Agency (CRA). Use our RRSP contribution … Read more

Tax-free savings accounts (TFSAs) are among the most popular retirement- and savings-focused vehicles in Canada. Because you contribute after-tax dollars, any interest, dividends or capital gains earned inside a TFSA grow tax-free and withdrawals are also tax-free. However, the federal government sets annual limits and cumulative contribution limits for each eligible individual; this allowance is … Read more

When a friend or family member asks to borrow money, your mind may race through many questions: Is it a good idea? Can I afford it? Will it harm the relationship if I say no or if they fail to repay? Lending money to people you care about carries risks—sometimes you might never get the … Read more

The last day tax preparers can electronically file clients’ returns for tax years 2017 through 2024 — and submit amended T1 returns for 2021 through 2024 via ReFILE — before an annual pause is January 30, 2026. If you’re behind on filing, there are important reasons to make tax preparation a priority over the holidays … Read more