Life insurance protects your loved ones financially after you die, but choosing the right type can also protect your wallet while you’re alive. The two main categories are term life insurance and permanent life insurance. Permanent policies offer lifelong coverage and can include tax advantages, cash-value accumulation and dividends, but they typically carry higher premiums. … Read more

The U.S.–Canada trade dispute is already affecting the Canadian economy, and a new BMO report warns that the future course of tariffs could push outcomes anywhere from slightly slower growth to a full recession. The report models three tariff scenarios and estimates their potential long-term impact on Canadian GDP. In the most optimistic path—where tariffs … Read more

Your daily cup of coffee is getting noticeably more expensive as roasters and cafés cope with rising coffee bean costs. Experts point to climate change as the primary driver behind the ongoing surge in bean prices, because coffee crops are highly sensitive to temperature and weather shifts. Michael von Massow, a food economist at the … Read more

When Canadians estimate their home’s worth, many rely on online tools, recent neighborhood sales or municipal tax assessments. These quick methods can be useful for a general idea, but they often miss important details and can produce figures that are unreliable for financial, legal or tax decisions. A professional real estate appraisal offers a precise, … Read more

Toronto-area home sales climbed in September even as prices continued to edge lower, according to the Toronto Regional Real Estate Board (TRREB). The board reported 5,592 transactions for the month, an 8.5% increase compared with the same month last year and a 2% rise on a seasonally adjusted basis from August. Despite stronger activity, the … Read more

Using a cashback credit card instead of cash can effectively give you a discount on everyday spending. Although most cashback rates are only a few percent, those returns add up over time—especially when you pick a card that matches your spending habits. Below is a clear, updated guide to the best cashback credit cards in … Read more

Here’s a round-up of news for Canadian investors this week. Maple Leaf Foods TMX Group MEG Energy Stella-Jones Algoma Steel Featured RRSP Accounts featured EQ Bank Build retirement savings with competitive interest, tax-deferred contributions and no monthly fees. go to site featured Registered GIC rate Consider a 1-year registered GIC to lock in a guaranteed … Read more

When you buy new residential real estate—such as a newly built house or condominium—you will generally pay sales tax. Depending on where you live in Canada, this may be the federal goods and services tax (GST), the harmonized sales tax (HST), or a provincial sales tax (PST). In contrast, most resale homes are exempt from … Read more

“Risk on!” defined the third quarter across Canadian equity markets, as niche and smaller-capitalization stocks surged to the top of performance tables. In Q3, many mid- and large-cap momentum names produced eye-catching gains: of the top 10 performers in that group, eight more than doubled in value during the 90 days to September 30. The … Read more

Paying rent is often one of the largest monthly obligations for many people, comparable to a mortgage in size. Historically, renters have not received the same credit recognition for consistently paying large monthly rent amounts as homeowners do for mortgage payments. New rent-reporting services are changing that by connecting renters and landlords with credit bureaus … Read more