Financial News (Page 2)
Teaching smart money habits from the first paycheque onward
I’m sure we all remember that thrill of our first job. The feeling of independence, responsibility, and most importantly, our…
Halloween 2025 in Canada
Halloween is a major event in Canada, with a strong tradition of community, trick-or-treating, and costumes. It’s no surprise that…
How to get a lower credit card interest rate
Credit card debt can be expensive, but many Canadians don’t realize that one simple step can help lower the cost:…
Understanding RESPs: An Introduction
A Registered Education Savings Plan, or RESP, is a government-supported investment account. It is a special savings account in Canada…
Managing debt while unemployed or on social assistance
Navigating mounting debt with a limited income, especially when relying on social assistance or other fixed government benefits, is overwhelming.…
How Canada’s Grocery Code of Conduct aims to benefit consumers
For a long time now, a few major players have dominated Canada’s grocery landscape. This has often left suppliers and,…
Residential Tenancies Act: Know your rights
Across Canada, the Residential Tenancies Act (RTA) governs tenant protections. These laws may differ across provinces and territories, with each…
EI benefits: Here’s what you need to know
EI, or Employment Insurance, is a federal program in Canada. It provides temporary financial assistance to people who are unemployed…
Earned Wage Access: Redefining Payday
Financial pressures are a constant concern for many Canadians. Many find themselves living paycheque to paycheque, and it’s impacting their…
2025 First-half Scholarship Winner
The winner Big congratulations to our 2025 First-Half Scholarship winner, Elizabeth Kuti! We invite you to read her entry below.…
An action plan for when your employer is facing financial problems
The news that your employer is facing financial problems can send a chill down your spine. The uncertainty of layoffs,…
Cash management as a couple: Finding the right system for you
When it comes to cash management as a couple, there’s no one-size-fits-all approach. Your financial situation, relationship, and goals are…
Opening a bank account: Things to know
Before opening a bank account in Canada, it’s important to think about what you really need from your banking experience.…
How do tax liens work in Canada?
In Canada, we have access to numerous public resources due to our taxation system. The Canada Revenue Agency (CRA) oversees…
Debt-to-income ratio: What’s it all about?
Debt-to-income ratio is a financial metric that compares your monthly debt payments to your gross monthly income, represented as a…
Mortgage renewal in Canada: What to know and how to prepare
Until you pay off your mortgage balance, you must renew your mortgage when your current mortgage term ends. Whether you…
The Canadian Dental Plan: Updates and Expansion
The Canadian Dental Care Plan (CDCP) is expanding to help millions more Canadians get affordable dental care. Starting in May…
The rise of “unretirement”
A growing trend in Canada is retirees returning to the workforce, often called “unretirement.” Many older Canadians are choosing or…
Student Loan Debt Forgiveness in Canada
There are hundreds of universities and colleges in Canada for students to pursue higher education. These educational institutions offer over…
Spendthrift: Is this you? Find out what you can do
A spendthrift is someone who spends money impulsively, often without considering long-term financial consequences. The priority here is immediate gratification,…
2024 Second-Half Scholarship Winner
The winner Huge congratulations to Kristine Houston, our 2024 Second-Half Scholarship winner! We hope you enjoy reading along as she…
Buy nothing to gain a lot
Just moved and trying to save money on the things you need to set up you’re new space? Had a…
Sinking fund: A life raft for your budget
Sinking funds are one of the best tools we have at our disposal to break the cycle of living paycheque…
Open banking: Coming to Canada soon!
What is open banking? Open banking is a new financial framework. This framework uses APIs (application programming interfaces) to allow…
Emergency money: What to do if you’re running out
Many Canadians are facing a tough time financially. People are dipping into their savings or emergency funds to make ends…
The Snowflake Method: Small change, big impact
Facing the reality of paying off a pile of debt can inspire feelings of overwhelm and defeatism. It can be…
Pay equity for those with disabilites: A reality check
Forget pay equity; for many people with a disability, just living at the poverty line feels like a pipe dream.…
Canadian generosity: Down, but not out
Canadians are known worldwide for their kindness and generosity. New studies show a trend that could harm this reputation. The…
Student Loan FAQs
As a graduate of post-secondary education or grad school, you may feel the pressure of paying off your loans. In…
Managing your reward points portfolio
Who doesn’t like a good reward? No one! Reward points are a fun part of the consumer market, but only…
