Lower Banking Fees and Streamlined Transfers for Canadians

featured 369069

Ottawa is moving to make it simpler and less costly for Canadians to switch their banking and investment accounts, using measures introduced in the federal budget to boost competition and lower consumer expenses. The government announced it will eliminate fees for transferring investment and registered accounts—fees it estimates average about $150 per account—and will work … Read more

Questrade Secures Approval to Launch Canada’s Newest Bank

featured 368999

Canadians will soon have another banking option after Questrade Financial Group announced it has received regulatory approval to launch Questbank. The online broker said Monday that the Office of the Superintendent of Financial Institutions granted the final approval, clearing the way for Questbank to operate as a federally regulated bank in Canada. “We’re Canada’s newest … Read more

2025 Trust Tax Return Updates: Deadlines and Key Changes

featured 368987

Trust tax compliance has grown more complex in recent years as new disclosure rules have been introduced. Uncertainty around whether some arrangements qualify as bare trusts — and therefore whether trustees must file a trust tax return — has left many taxpayers unsure for the upcoming filing season, especially after two years of temporary relief. … Read more

Gen Z Housing Hacks for Returning to the Office

featured 368922

After years of remote work and a wave of moves to the suburbs, many young Canadians are being drawn back toward city centres — places where rents are significantly higher. Toronto’s average rent, for example, is around $2,600/month, roughly 20% above the national average, keeping it among Canada’s most expensive rental markets after Vancouver. Even … Read more

Canadians Confident They Can Afford Milestones, Yet Many Delay

featured 368895

A recent survey from FP Canada finds that despite economic uncertainty, nearly seven in ten Canadians are confident they will reach major financial milestones such as retirement, buying a home, and travel. That confidence, however, coexists with current financial pressures: while 68% say they expect to meet their long-term goals, 51% report postponing at least … Read more

Canadian Stablecoins Advance as Regulators Step Up Pressure

featured 368892

Anticipation is growing over what the federal budget could reveal about stablecoins, one of the most talked-about parts of the crypto landscape. Stablecoins are digital tokens designed to track the value of conventional currencies rather than replace them, and their rapid growth has sparked concern that, without a clearer policy, they could pose risks to … Read more

Record Crypto Liquidations Wipe Out Billions From Investors

featured 368849

Welcome to the Canadian Crypto Observer. Financial journalist and author Aditya Nain provides clear perspective on market-moving headlines to help Canadian investors navigate the cryptocurrency market. As discussed in the previous edition of this column, October and November historically rank among Bitcoin’s strongest months—October and November have averaged notable gains over time. In line with … Read more

How to Protect Your Bank Account From Fraud

featured 368767

This article is part of a series of columns about protecting important information and people in your life from fraud and scams. More installments will follow. Banking today often happens without ever visiting a branch. “People don’t go to an ATM or into a bank a lot anymore; instead they mostly log in on our … Read more

RBI Earnings Up as Tim Hortons and International Growth Drive Gains

featured 368791

Weekly roundup for Canadian investors Key company reports and market-moving developments this week. Click a name to jump to its summary. Restaurant Brands International Parkland Wealthsimple Cameco Algoma Steel Group Corus Entertainment Spin Master Restaurant Brands International reports Q3 profit increase Restaurant Brands International Inc. (TSX: QSR) — Q3 2025 highlights Net income: US$315 million … Read more

How to Budget for Your Union’s Next Strike

featured 368785

Air Canada employees struck. So did staff at Canada Post and workers with Canadian National Railway Co. In recent years, many Canadians have walked off the job in pursuit of higher wages and better working conditions. Striking can strengthen bargaining power, but it also means a loss of income that can last days, weeks, or … Read more