It is rare for a major foreign bank to attempt a full entry into Canada’s retail banking market. Spain’s Banco Santander, however, is preparing to do just that. With more than 168 million customers worldwide, Santander has the scale and experience to attract account holders — and it is reportedly close to receiving the final … Read more

Taxes are among the largest expenses people face, both during their working years and in retirement or semi-retirement. While the annual filing deadline in April brings taxes to mind, the planning that can reduce tax bills should begin well before year-end. The task is complicated by frequent changes to tax brackets, the Basic Personal Amount … Read more

Congratulations — you’ve found the car or truck you want. Before you drive it off the lot, you need auto insurance: it’s mandatory in Canada. Like any major purchase, the best way to secure a competitive insurance rate is to comparison shop. This guide explains how to compare car insurance quotes in Toronto so you … Read more

This year you want your holiday gifts to feel extra special. You worked hard for your money and you want your family to enjoy it — and you deserve to enjoy it too. Those larger presents might mean a family trip, a down payment on a home, or renovations that make daily life better. Whatever … Read more

If you want to reach your financial goals, you need to live within your means. That means consistently spending less than you earn and investing or saving the difference. Unless you expect to inherit a large sum or win the lottery, the practical path to financial security starts with a clear view of your spending … Read more

So you’re in your 30s and proud of what you’ve accomplished—maybe a promotion, buying your first home or starting a family. At the same time you might be feeling the squeeze: daycare bills, rising living costs, mortgage payments and lingering student loans. Perhaps you’re thinking about a career shift that could slow your short-term savings. … Read more

Financial advisers often recommend that 25-year-olds aim to save about 20% of their income. For many people in their 20s just beginning their careers, though, that target can feel out of reach. Everyday costs—rent, groceries, transportation—and life events like travel or friends’ weddings frequently take priority over aggressive saving. Combined with higher inflation in Canada, … Read more

Rising living costs have reduced many Canadians’ disposable income, making it harder to set money aside. Still, the right financial tools — such as a high-interest savings account (HISA) and tax-advantaged registered accounts — can help you protect and grow your savings at every stage of life. Using these accounts strategically enables you to keep … Read more

If you are saving for a defined goal—whether a vacation, future vet bills or simply a rainy-day fund—you’ve likely used a regular chequing account, a high-interest savings account (HISA), a guaranteed investment certificate (GIC) or invested in a money market fund (MMF) or an exchange-traded fund (ETF) focused on low-risk debt securities. Until recently, those … Read more

Canadian investors often keep cash in their portfolios for practical reasons: it acts as a buffer against market swings, provides quick access for emergencies or unexpected costs, and leaves liquid capital available to seize attractive investment opportunities. Cash can play a vital role alongside stocks, bonds and other assets, especially for short- and medium-term goals. … Read more