This article is part of a series on protecting the important information and people in your life from fraud and scams. Check back for more advice in future installments. Among the organizations we interact with regularly, the Canada Revenue Agency (CRA) would seem like a difficult target for cybercriminals. The federal agency uses multi-factor authentication … Read more

Weekly roundup for Canadian investors Cineplex Barrick Mining Maple Leaf Foods Restaurant Brands International Metro Featured RRSP Accounts featuredEQ BankBuild your retirement savings with competitive interest, tax-deferred contributions and no monthly fees.go to site featuredRegistered GIC rateLock in a guaranteed rate for one year to protect retirement savings from market swings.go to site Best RRSP … Read more

New-found freedom and an early taste of adulthood await many young people starting post-secondary education this fall. With that freedom comes new responsibilities: attending classes and studying while also maintaining a social life, taking care of chores and meals, and possibly holding a part-time job—all while keeping an eye on debt and other financial obligations. … Read more

If you’re travelling abroad and using credit cards for most purchases, foreign transaction (forex) fees can add up quickly. Card issuers typically charge about 2.5% on every purchase made in a foreign currency on top of the exchange rate. You can avoid that fee by using a credit card that waives foreign transaction charges. Alternatively, … Read more

A balance transfer credit card can be an effective way to reduce high-interest debt—provided you choose the right card and fully use its promotional period. The best balance transfer cards offer a 0% or very low introductory APR on transferred balances for a set time and charge a low transfer fee. Because terms vary widely … Read more

Ask MoneySense I hold a variety of individual stocks across my TFSA, RRSP, a corporate trading account, and several non‑registered accounts. I’m in my mid‑50s and I want to simplify. My plan is to sell every position in each account and replace them with a 2–3 ETF portfolio. Can I sell everything and buy VEQT … Read more

When it comes to the value of your property, not all appraisals are the same. Whether you are selling, refinancing, planning tax strategies, or settling an estate, knowing the difference between a municipal tax appraisal (property assessment) and a professional home appraisal (market value appraisal) can protect your finances and help you make better decisions. … Read more

No offence intended, but Canada’s population is aging. In 2024 the average Canadian was 41.6 years old, according to Statistics Canada, and by 2030 roughly one in four Canadians is expected to be 65 or older. An older population drives higher demand for health services and long-term care, and preparing for those costs has become … Read more

The Canadian economy lost about 41,000 jobs in July, with young workers and private-sector employees bearing the largest share of the decline, Statistics Canada reported on Friday. The unemployment rate remained unchanged at 6.9% as the number of people looking for work was roughly the same as in June. Full-time employment fell by 51,000 positions … Read more

Interest rates are finally easing again. If you’re shopping for a home, approaching a mortgage renewal, or unhappy with your current loan, you face a familiar dilemma: lock in a rate now or wait to see if rates fall further? Practical advice from experienced homeowners: a mortgage is more than a financial transaction—it’s part of … Read more