Welcome to the MoneySense Find a Qualified Advisor tool. We have partnered with the Financial Planning Association of Canada (FPAC) to build a directory of credentialed advisors who provide financial planning and investing services across Canada. Every advisor listed in this tool is an active FPAC member and holds at least one recognized financial planning … Read more

Many premium credit cards include rental car insurance as a cardholder benefit. Understanding how credit card rental car coverage works can save you money and provide peace of mind the next time you rent a vehicle. Below we review top Canadian credit cards that include rental car insurance, highlight their key features, and explain what … Read more

This is the second in a series of columns about protecting the people and information that matter most from fraud and scams. More columns will follow. Many people assume that changing passwords and avoiding obvious phishing links is enough to protect their phones and other devices. In reality, preventing identity theft requires a broader approach. … Read more

Alimentation Couche-Tard Inc.’s chief executive says the company remains committed to pursuing the acquisition of the Japanese operator of the 7-Eleven chain despite recent resistance from Seven & i Holdings. Quebec-based Couche-Tard, which runs Circle K convenience stores, continues to see “a unique strategic fit” in a potential merger with Seven & i, CEO Alex … Read more

This week’s headlines for Canadian investors Shopify moves U.S. listing to Nasdaq Google to buy cybersecurity firm Wiz for $32 billion Telus and Nvidia plan a sovereign AI factory in Quebec Nvidia unveils Rubin AI chips at GTC 2025 Ontario Teachers’ 2024 returns Featured RRSP Accounts EQ Bank Retirement Savings Plan Build your retirement savings … Read more

Ottawa has introduced new federal rules that significantly limit the fees banks can charge customers when an account doesn’t have enough money to cover a cheque or a pre-authorized charge. The new regulations aim to reduce the financial burden on Canadians who face non-sufficient funds (NSF) penalties and to make penalties more predictable and fair. … Read more

Managing a power of attorney (POA) for property and financial affairs can be a significant responsibility—and an important one. In Canada, a POA for property handles a wide range of tasks, from paying bills and managing investments to overseeing real estate transactions and ensuring ongoing financial obligations are met. The role requires organization, attention to … Read more

Canadians are likely to notice the immediate effect of removing the consumer carbon price at the gas pump, while changes to prices for other goods may emerge more slowly, according to a new analysis released Wednesday by Desjardins Economics. The report was published less than a week after the federal government announced that the consumer … Read more

Ask MoneySense Is there a tax on cash gifts to children in Ontario? —Virginia Tax on gifts and loans to children in Canada If you give cash to a child, Virginia, the recipient generally does not pay tax on the gift in Canada, regardless of the province or territory. However, there are several situations where … Read more

Meet Steve Ambeault Steve Ambeault, originally from Vancouver and a graduate of Simon Fraser University, has been based in Edmonton since 2001. He began his professional career in accounting at Grant Thornton and later joined the tax team at KPMG, where he developed a strong foundation in tax law and compliance. Those early roles gave … Read more