For more than 20 years, Matt Perrault has handled the transport of animals into and out of Canada, arranging travel for everything from birds and bearded dragons to rabbits and ferrets. In recent years, however, the bulk of his work has shifted toward moving cats and dogs. “It’s been increasing,” said Perrault, owner of Ottawa-based … Read more

There are many practical ways to spend smarter and save money—use the 50-30-20 rule, automate transfers to savings, open a tax-free savings account (TFSA) and make the most of loyalty rewards. A growing movement among eco-conscious young people is pushing another approach that’s gained traction on TikTok: underconsumption core. At its heart, the idea is … Read more

In Canada, your credit history is the record of how you use credit and repay debt. It influences many parts of your financial life: applying for a credit card, renting an apartment, getting a car loan or qualifying for a mortgage. Employers, insurers and service providers may also review your credit report, which is the … Read more

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and context for Canadian investors. The Chinese government commands the economy to grow Classifying national economies as purely communist, socialist or capitalist no longer reflects reality. Most countries now operate mixed economies, and the practical use of … Read more

British Columbia has become the first Canadian province or territory to establish minimum labour standards for app-based gig workers, including rideshare drivers and food delivery couriers. The regulations, which took effect on Sept. 3, introduce a range of protections for gig workers in the province: a minimum wage for engaged time, mileage compensation, clear upfront … Read more

Deloitte Canada expects economic growth to accelerate in 2025, forecasting that the Bank of Canada will lower its policy interest rate to below 3% by mid-2025. In its autumn economic outlook, released Thursday, Deloitte projects the central bank’s policy rate will fall to about 3.75% by the end of this year and reach a neutral … Read more

The fall often brings high expenses. Back-to-school costs add up quickly, especially for students heading to college, university or trade school. The good news is that several of those costs can reduce your tax bill or provide valuable credits. This student tax guide explains key tax claims—tuition credits, transfers, the Canada Training Credit, disability supports, … Read more

Challenging Canada’s concentrated banking sector is difficult, but a few challengers are making headway. Fintechs and mid-sized institutions such as EQ Bank and Wealthsimple have introduced lower-cost options, expanded their customer bases and increased brand visibility. Rather than upending the incumbents, however, experts say many successful mid-sized players are more likely to be acquired by … Read more

A second property can serve different purposes: it might be a vacation home you visit for leisure, a rental you own for income, or a mix of both. Regardless of why you buy extra real estate, the tax consequences can differ substantially from those that apply to your primary home. Before you begin searching for … Read more

You’ve heard the saying that only death and taxes are certain — and that remains true when it comes to cryptocurrency. Some investors assume bitcoin, ethereum, dogecoin or other digital assets fall outside the Canada Revenue Agency’s reach, but that is not the case. Also read Income Tax Guide for Canadians Deadlines, tax tips and … Read more