Update: Final carbon tax payments sent, starting in April 2025 Prime Minister Mark Carney ended the consumer carbon tax on March 14, 2025. The final Canada Carbon Rebate (CCR) payments were issued beginning April 22, 2025. To receive this final payment, you needed to file your 2024 tax return; payments were issued after those returns … Read more

Here’s a round-up of news for Canadian investors this week. Dollarama Transat Roots 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 Best RRSP ratesCompare the best RRSP … Read more

A senior adviser to Kamala Harris’ 2024 presidential campaign has joined Coinbase’s global advisory council, expanding the cryptocurrency exchange’s bipartisan political connections. The new member joins a council that already includes several former U.S. senators and a former campaign manager for Donald Trump, underscoring how the industry has become a significant force in Washington. David … Read more

Since launching in 2014, Wealthsimple has built a reputation for offering simple, low-cost online financial services. What began as a robo-advisor (now called Invest) has expanded into a suite of products that serve a wide range of investors and everyday banking needs. Today Wealthsimple’s core offerings include: Managed investing: a robo-advisor service plus private equity … Read more

Investing Wealthsimple Trade in-depth review 2025 Is it easy to buy and sell stocks and ETFs? Is it safe for Canadian investors? Explore the strengths and limitations of trading on the Wealthsimple app and website. Wealthsimple Trade in-depth review 2025 By Aditya Nain on June 12, 2025Estimated reading time: 12 minutes Since launching in 2014, … Read more

The federal government is taking steps to support a historically weak summer job market for students, even as economists warn that difficult employment prospects for younger workers could reflect broader softness across the labour market. Statistics Canada highlighted these challenges in its May jobs report released last Friday (June 5). The agency found that roughly … Read more

Canadians certainly have plenty of credit card choices. With an average of two to three credit cards per person, many of us carry more credit than debit cards in our wallets. Yet Wealthsimple’s recent expansion into bank-like services — including a new cash-back credit card and an updated chequing account — suggests there may still … Read more

The Vanguard Growth ETF Portfolio (VGRO) has been a core option for many Canadian DIY investors since its launch in January 2018. As one of the first Canadian asset-allocation exchange-traded funds, VGRO offers a ready-made split of global equities and fixed income designed for investors who want a growth tilt without managing individual funds. For … Read more

The Liberal government’s plan to exempt the GST on certain new-home purchases for first-time buyers could meaningfully affect housing affordability in Canada—though several important caveats remain, according to a new analysis. Introduced on June 5, the proposed legislation would remove the GST from new home sales for first-time buyers on properties with an all‑in price … Read more

Ask MoneySense Should you cash out some of your RRIF funds to pay down credit-card debt, or should you consider taking a loan from a bank or a private lender? Thank you. —Marcia E. Does it make sense to pay off debt with savings or take out a loan? Thanks for your question, Marcia. After … Read more