Canada’s housing market is a story of two realities. While a modest 4% increase in new housing starts in the first half of 2024 offers

Bank of Canada Statistics: Canadian homeowners are facing a crossroads. As of April 2024, the Bank of Canada’s key interest rate is 5%. This significant

In the context of home loans, you might have heard of the term “mortgage trigger rate,” which refers to the point at which your adjustable-rate

As the federal government pushes to reduce bank fees, a report from North Economics states that Canadians are overpaying by billions of dollars annually (over

Are you a millennial wondering how much you should accumulate for your golden years? You’re not alone. Particularly for our generation, retirement planning is not

The Bank of Canada’s recent decision to keep its key interest rate steady at 5% has sparked widespread interest and speculation Amidst ongoing worries about

What if I told you that deep inside your wallet is a secret code allowing you to maximize the amount of money you save on

In Canada, where winters are notorious for their bone-chilling temperatures, having robust home insurance isn’t just a luxury – it’s a necessity As the mercury

As part of Canada’s economic plan, the Honourable Deputy Prime Minister and Minister of Finance, Chrystia Freeland, announced that the federal government is taking new

When selling a home, every individual wants the highest price. In contrast, homebuyers aim for the lowest. That’s where the sale-to-list ratio comes in. It’s

Are you struggling with high-interest debt? Don’t worry; there are some simple ways out. Two popular debt payoff methods, the avalanche and snowball, can help

Credit line insurance, also known as line of credit insurance, protects individuals with credit products like a home-equity line of credit account (HELOC). This insurance

While over half of millennials and Gen Z know about life insurance, many still need a life insurance policy. Living life to the fullest might

What is the Canadian Pension Plan? The Canadian Pension Plan, or CPP, is like a savings plan for Canadians when they retire. Every working Canadian

Understanding the true potential of your Registered Retirement Savings Plan(RRSP) goes beyond conventional savings. With the capability to invest in stocks, bonds, mutual funds, GICs,

Your journey as a newcomer in Canada opens up new opportunities and experiences and introduces you to a different financial landscape. Your first year is

The Bank of Canada has increased interest rates ten times since March 2022, changing the financial landscape for mortgage renewals. These rate hikes, implemented over

The world of financial technology has swiftly evolved, and leading this charge are Financial apps. These tools have redefined budgeting and saving by introducing simple

Owning credit cards isn’t the same for everyone; it’s like finding the right fit for your financial situation. What works for one person might not

Despite the continuously rising inflation and interest rates, Canadian individuals are optimistic that there will be an economic improvement with the start of the new