Ask a Planner When do I receive the 10% increase? I turned 75 years old on May 15th, and my pension remained the same value on May 28th. –Luis Happy 75th birthday, Luis. Below is a clear explanation of why your Old Age Security (OAS) pension did not change immediately on your birthday, what to … Read more

Here’s a round-up of news for Canadian investors this week. Laurentian Bank BRP Inc Featured RRSP Accounts featured EQ Bank Build your retirement savings with 1.50% interest, tax-deferred contributions and zero fees. go to site featured Registered GIC rate Earn a guaranteed 2.75% in your RRSP when you lock in for 1 year. go to … Read more

When my family and I moved to Canada in 2019, we thought we had a clear plan. My wife, an Ottawa native, was returning home after more than a decade abroad. I grew up in India and spent most of my adult life in the Middle East, building a career as a digital entrepreneur. We … Read more

Car insurance is required for drivers across Canada, and many policies include a deductible—the portion of a claim you must pay before your insurer covers the rest. Deductibles are common on several types of insurance, including both auto and home policies. How does a car insurance deductible work? Read on for a clear explanation of … Read more

The Bank of Canada (BoC) held its key overnight rate steady at 2.75% in its June 4 decision, signaling little near-term movement in Canadian benchmark interest rates. This marks the central bank’s second consecutive rate pause after the April 16 announcement. Between June 2024 and March 2025 the BoC cut its policy rate seven times, … Read more

The Bank of Canada (BoC) left its benchmark policy rate unchanged at 2.75% on Wednesday, June 4. In announcing the decision, Governor Tiff Macklem emphasized that policymakers are awaiting clearer evidence about how recent and threatened tariffs will affect the Canadian economy. “Uncertainty remains high,” Macklem said in prepared remarks. “At this decision, there was … Read more

Not all workplace benefits packages are equal. Before accepting a job offer, take the time to review the benefits carefully so you understand what’s covered and where gaps could affect you. Where appropriate, employees can often negotiate adjustments or additional perks that better match their needs. “Benefits can look appealing at a glance, but the … Read more

How much of your net worth is tied up in your home? Statistics Canada reports that the median net worth for senior families in 2023 was $1,109,700, and the family home remains the most common asset, with a median value around $500,000. Given how much of Canadian wealth is held in residential real estate, it … Read more

This article is part of a series offering practical advice on protecting the people and information you care about from fraud and scams. More columns will follow. Being scammed online is painful, but it can be far more damaging when the deception takes the form of relationship fraud—when someone posing as a friend, confidant or … Read more

A broad global rally in stocks that began in Asia on Thursday cooled as investors weighed uncertainty over the next steps after a U.S. court blocked many of President Donald Trump’s sweeping tariffs. By early afternoon trading in New York, the S&P 500 was up 0.3% after surrendering most of an earlier gain. The Dow … Read more