Welcome to the Canadian Crypto Observer. Financial journalist and author Aditya Nain provides context on major stories shaping the cryptocurrency market to help Canadian investors make informed decisions. Is crypto crashing? The wider stock market has weakened recently—and bitcoin has moved lower alongside it. Since December 2024, bitcoin (BTC) declined from above $106,000 to under … Read more

Prime Minister Mark Carney’s first action after taking office on Friday, March 14, was to eliminate the consumer carbon price — effectively undoing the flagship climate policy introduced by Justin Trudeau’s government for household fuel use. Speaking to reporters after the Friday afternoon cabinet meeting, Carney said the government is “focused on action.” He announced … Read more

Aeroplan is Canada’s largest airline rewards program and one of the most flexible for frequent flyers. Owned by Air Canada, Aeroplan allows you to redeem points with more than 50 partner airlines, transfer points from partner programs and pool points with family members. Below is a clear, updated guide to the best Aeroplan credit cards, … Read more

Affordable family vacations feel harder to come by these days as the Canadian dollar fluctuates. Whether you’re planning a bucket-list trip abroad or a last-minute weekend escape, careful budgeting and a few practical strategies can make travel more affordable. With a bit of research and planning, you can still find great deals and make the … Read more

Canadians are increasingly worried about the impact of tariffs, including the risk of job losses or business setbacks. That concern is prompting many people to get their financial affairs in order sooner rather than later. For many households, reducing taxes is one of the most effective, proactive steps to protect income and wealth against today’s … Read more

The idea of “unretirement”—delaying retirement or returning to work after retiring—is resurfacing as many Canadians face growing economic pressure. Long before recent tariff headlines, seniors and those nearing retirement were already feeling squeezed by persistent uncertainty and rising living costs. As a result, an increasing number of Canadians approaching retirement are postponing their exit from … Read more

Today marks the seventh consecutive reduction in Canada’s benchmark lending rate as the Bank of Canada acts to cushion the economy against the risks posed by looming U.S. tariffs and a potential recession. The Bank of Canada (BoC) cut its overnight rate by 25 basis points to 2.75%. This rate guides lenders’ prime rates and, … Read more

The Bank of Canada cut its key interest rate by a quarter point on Wednesday, lowering the policy rate to 2.75%. This marks the central bank’s seventh consecutive rate reduction and followed expectations from most economists. The decision reflects mounting concerns that escalating tariff tensions with the United States are beginning to undermine Canada’s economic … Read more

Meet Evan Parubets Evan Parubets is Head of the Advisory Services Team at Steadyhand in Toronto. A shareholder in the firm, he advises clients on asset mix, portfolio construction and monitoring, and other core aspects of wealth management. With 25 years in the financial services industry, Evan began his career at Scotiabank in 2000 as … Read more

Ask MoneySense We would like to appoint another power of attorney for my uncle. It is too stressful for me to continue to act due to circumstances. How much does it cost if I was to seek someone out from a bank? This is for property and financial matters only. —Kate Power of attorney rules … Read more