The Canadian housing market has contracted significantly since the pandemic years, reversing the sharp price gains seen between 2020 and 2022. According to the MLS House Price Index, home values have fallen about 20% from their early‑2022 peak and were down roughly 4.7% year‑over‑year. Signs suggest the correction may continue. Home prices slipped 0.4% month‑over‑month … Read more

Since gas prices began rising in March, Sarah Bradley has become a frequent bargain hunter at grocery stores across Montreal. “Before, I’m a one-stop shop person,” she said. “Now I think twice. I’m like, OK, do I need that from IGA or can I find it somewhere else for cheaper?” Fuel costs are reshaping how … Read more

By the time the school year is winding down, many parents have already spent months trying to figure out where their children will be during the summer. “You really have to start thinking about it in January or February,” says Erin Bury, mother of a toddler and a kindergartner in Wellington, Ont. “It’s like—you just … Read more

Here’s a round-up of news for Canadian investors this week. Barrick Cineplex Manulife Brookfield Canada Goose Canadian Tire 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 … Read more

I often write about the large financial adjustments newcomers face when moving to Canada—mortgages, credit scores, taxes and retirement savings. Yet some of the hardest lessons are not the big ones but the small, everyday interactions that most Canadians take for granted. One of those tiny but significant challenges is tipping: when to tip, how … Read more

Summer job hunting looks set to be another difficult season for many young Canadians. With fewer entry-level and seasonal roles being posted, elevated competition remains a major challenge as businesses navigate ongoing economic uncertainty and the increasing use of automation and artificial intelligence in hiring. “It has been slow,” said Alexandra Tillo, senior talent marketing … Read more

As people learned to ignore the classic “Nigerian prince” email pleas, those obvious scams faded. A new generation of fraud is now emerging, however, and it’s far harder to spot. Gone are many of the obvious giveaways—blatant misspellings, clashing fonts and awkward grammar. Modern scam messages are increasingly polished, often tailored, and powered by widely … Read more

The Saskatchewan Pension Plan (SPP) launched in 1986 to help part-time workers, the self-employed and others without access to a workplace pension save for retirement. Over the decades it has evolved into a flexible, province-run defined contribution pension plan that appeals to individuals and employers across Canada. Its structure offers a middle ground between DIY … Read more

Savings comparison tool Use the tool below to compare the latest high-interest savings rates in Canada. Filter results to estimate returns based on your balance and find the account that fits your short- or medium-term savings goals. Why trust us MoneySense is an award-winning Canadian personal finance magazine, helping readers make informed financial choices since … Read more

If you normally owe tax when you file your return, you’re likely familiar with quarterly income tax instalments. These payments let you prepay part of your estimated tax for the current year before the balance is due the following April, helping you avoid a larger lump-sum bill and potential interest charges when you file. Across … Read more