As many young Canadians head off to college and university, some will be fortunate enough to be able to tap into a registered education savings plan. By Ian Bickis They will also be benefiting from the 20% match on contributions to the plan, up to a set limit, because like other registered savings options, the government […]

A consumer proposal shouldn’t haunt your credit file forever. Learn how long it stays on record in Canada and what steps to take if outdated remarks are still holding you back. When you’ve worked hard to complete a consumer proposal and get back on your financial feet, it’s frustrating to still see remnants of it […]

For most Canadians, the path to wealth has long been tied to saving and investing for the future. But waiting decades to enjoy the fruits of your labour doesn’t appeal to everyone, especially if you’re focused on building a life with more freedom today. That’s where cash flow strategies come into play. A growing number […]

You found a better rate. Maybe you’re moving. Or consolidating debt. On the surface, breaking your mortgage might look like a smart move. But before you pull the trigger, take a closer look at the penalty. In many cases, it can eat up most of the savings or potentially worse. This guide explains how prepayment […]

Today’s Report Shows Inflation Remains a Concern, Forestalling BoC Action Canadian consumer prices accelerated for the first time in four months in June, and underlying price pressures firmed, likely keeping the central bank from cutting interest rates later this month. The annual inflation rate in Canada rose to 1.9% in June from 1.7% in May, aligning […]

There’s no shortage of mortgage advice out there. From online forums to coffee shop conversations, everyone seems to have an opinion. Some of it’s helpful. A lot of it? Not so much. The truth is, the mortgage world has changed—especially in Canada. Rules, products, and opportunities evolve, but a lot of the advice being passed […]

Canada’s big banks are divided on how much further the Bank of Canada will cut, with RBC now saying the rate has likely bottomed, while others still expect more easing ahead. The outlook for interest rates is becoming less clear-cut as Canada’s major banks rethink how far the Bank of Canada will go in its […]

Are You Betting on Stability or Flexibility? In 2025, choosing between a fixed or variable mortgage isn’t just about preference—it’s about risk, timing, and how much uncertainty you can stomach. After two years of wild rate swings, inflation surprises, and mixed signals from the Bank of Canada, borrowers are stepping into a murkier landscape. The […]

Let’s be real. You’ve probably told yourself some version of this: “The market feels risky right now. I’ll wait until things settle.” “Rates are too high. I’ll jump in when they drop.” “Prices are up. I missed the window—maybe next year.” The problem? That window you’re waiting for—where everything is calm, cheap, and certain—doesn’t exist. It’s a […]