Mastercard is one of the major card networks in Canada, and with more than 30 Mastercard credit cards available nationwide, choosing the right one can feel overwhelming. Fortunately, the variety means you can usually find a card that matches your spending habits—whether you want cash back, travel rewards, low interest, balance transfer options or a … Read more

Canada’s largest pension fund is facing a legal challenge from four young Canadians who say CPP Investments is not properly managing climate-related financial risk. The lawsuit, filed in the Ontario Superior Court of Justice, argues the fund’s investment approach exposes contributors to unnecessary financial loss and fails to protect long-term retirement security in the face … Read more

Misunderstandings about auto insurance are common, and experts warn that confusing myth with reality can cost drivers significant money. Many people assume certain coverages apply or believe widespread rumors without checking the actual policy wording. Understanding how insurers evaluate risk and what each coverage actually protects can help drivers make better decisions and avoid unexpected … Read more

Ask MoneySense My parents owned a cottage (the only property they ever owned, they couldn’t afford a house), and it was transferred to my mother after my father died. She “sold” me her cottage for $1 on March 19, 2009. I recently read an article about how that is NOT “legal” and have had sleepless … Read more

Airport lounge access is more than a nice perk — it can transform a hectic travel day into a calm, productive or restorative experience. Lounges provide comfortable seating, complimentary food and drinks, Wi‑Fi, and often quieter spaces to work or rest before your next flight. While many lounges require separate memberships or daily fees, several … Read more

Many who have reached into the Halloween candy bowl early may have noticed some unwelcome changes: bars shrunk to small squares, individual candies reduced to just a handful of pieces, and ingredient lists that sometimes show less actual chocolate and more sweet substitutes. These changes reflect broader pressures facing the candy industry—pressures that look likely … Read more

Because I receive many complimentary review copies of finance books, it’s rare that I order one from Amazon — let alone three. Yet I recently bought three new releases from influential authors who published books within weeks of one another, and I wanted to read each for different stages of the investing journey. The first … Read more

As exchange-traded funds (ETFs) that use covered call strategies become more popular with retail investors, financial experts warn these vehicles involve clear trade-offs. Supporters say covered call ETFs can be a useful tool for investors focused on income, while critics caution they may reduce long-term growth and are not appropriate as a core holding for … Read more

Here’s a round-up of news for Canadian investors this week. Iamgold Teck Resources Mullen Group Wealthsimple West Fraser Timber Featured RRSP Accounts featuredEQ BankBuild your retirement savings with 1.50% interest, tax-deferred contributions and zero fees.go to site featuredRegistered GIC rateEarn a guaranteed 2.75% in your RRSP when you lock in for 1 year.go to site … Read more

A cryptocurrency exchange has been hit with a record-setting fine of nearly $177 million by Canada’s financial intelligence agency for multiple compliance failures, including not reporting more than 1,000 transactions tied to suspected criminal activity. The Financial Transactions and Reports Analysis Centre of Canada (Fintrac) announced the penalty against Xeltox Enterprises Ltd., which does business … Read more