How to Buy Cryptocurrency in Canada: 2026 Guide

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Gone are the days when crypto investing was limited to a niche group of enthusiasts. Today, buying and selling cryptocurrencies—whether directly or via exchange-traded funds (ETFs)—is as accessible as trading stocks for many investors. Bitcoin and other major coins are increasingly treated as mainstream assets and are offered by large investment firms. High-profile asset managers … Read more

Rents Ease in Major Markets, Many Tenants Still Struggling

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Canada’s housing agency reports that advertised rents in several major cities are starting to ease, driven by a combination of increased rental supply and slower population growth. However, many renters continue to feel the pressure of high housing costs despite these early signs of moderation. In its mid-year rental market update released Tuesday, Canada Mortgage … Read more

Mutual Funds vs ETFs: Which Should You Invest In?

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The growing popularity of exchange-traded funds has outpaced traditional mutual funds among many investors who follow finance on social media and use digital trading platforms. That said, financial professionals stress that both ETFs and mutual funds have distinct roles in a well-constructed investment plan, and the right choice depends on an individual’s objectives and circumstances. … Read more

Slower Immigration Could Boost Canadian Wages, Conference Board Says

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The Conference Board of Canada expects wage growth to accelerate in the coming years as population growth slows and labour supply tightens. In its updated economic forecast released Monday, July 7, the national think tank said Canada’s labour market has remained surprisingly resilient this year despite tariff pressures from the United States. Canada’s national unemployment … Read more

Gift Tax Rules When You Give Your Spouse Money to Invest

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Ask MoneySense You wrote about money that is gifted to a spouse. If that money is used for investing, then the interest may be attributed back to the spouse giving the cash. Did I get that correct? If so, then is there any way to give your spouse money and whatever they do with it … Read more

Buy Now Pay Later in Canada: Fees, Risks and What to Know

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When a service is offered for free, it helps to understand who is actually paying and why. Buy now, pay later (BNPL) financing has grown rapidly because it allows shoppers to split purchases into interest-free installments over weeks or months. Retailers typically cover the fees charged by BNPL providers, betting that the option will encourage … Read more

Canada Strong Pass: Eligibility, Benefits, and How to Apply

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This summer, the Canada Strong Pass makes it easier and more affordable for Canadians to explore the country’s parks, historic sites and cultural institutions. Running from June 20 to September 2, 2025, the program offers free or reduced-cost access at participating locations so families, young people and solo travellers can enjoy more of Canada’s natural … Read more

Canadian Stocks That Surged in Q2 2025

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Celestica Inc. (CLS) was the top-performing large- or mid-cap stock on the Toronto Stock Exchange over the past three months, posting a 76.6% gain. It was followed by uranium producer Cameco Corp. (CCO) with a 67.6% advance and digital asset firm Galaxy Digital Inc. (GLXY) with a 66.4% rise. The second quarter of 2025 marked … Read more

Going on Vacation? Get Travel Health Insurance First

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You’ve packed your clothes, your toothbrush, extra socks and sunscreen—everything you think you’ll need for a worry-free vacation. Travel insurance should be on that list too, whether you’re heading across town or across an ocean. “We all think, ‘Oh, we’re just taking a short trip,’” said Will McAleer, executive director of the Travel Health Insurance … Read more

How Canada Taxes Investment Income: Interest and Dividends

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Ask MoneySense I have a GIC and wondered what if I take out $50,000, how much income tax will I be paying? My financial advisor is not very helpful. –Louise Understanding the tax consequences of withdrawing money from investments starts with two basic questions: what kind of account holds the investment, and what type of … Read more