A 2024 TD Bank survey found that 68 per cent of Gen Z Canadians invest consistently each year — the highest rate of any age group in the country. That number has climbed fast enough that it’s not a blip. It’s a real shift in how young people think about money, and it’s being driven largely by content they find
Nearly half of Canadian adults have no life insurance at all, and of those who are uninsured, two-thirds don’t plan to buy any in the next five years. That gap matters because four in ten families would face financial hardship within six months of losing a breadwinner. The main reason people give for not having coverage is simple: they think
Canadian home insurance premiums rose 7% to 12% on average in 2026, with some high-risk postal codes seeing jumps of 15% or more at renewal. That’s not a hypothetical projection — it’s what’s already happening. Here’s what you actually need to know. Disclosure: Some links on this page are affiliate links. If you make a purchase through them, Britwealth may
More than two million Canadian mortgages are set to renew before 2028 — roughly 1.15 million in 2025 and another 940,000 in 2027, according to the Canada Mortgage and Housing Corporation. That wave of renewals is hitting households at a time when rates, though lower than their 2023 peak, remain well above the pandemic-era lows most borrowers locked into. Here’s
Two-thirds of Canadian households are planning major spending cuts in 2026, according to a TD survey that tracks how consumer behaviour is shifting. That’s up from 51% the year before, and it signals something more than seasonal belt-tightening. The same survey found that 86% of Gen Z and 77% of Millennials intend to slash budgets, while only 43% of Boomers
A CBC News investigation reviewed 250 home insurance claims from 11 insurers across Canada. 100 were denied. That’s a 40% denial rate in that sample — a number that sits awkwardly beside the industry’s own figures showing 98.7% of property and casualty claims settled within 30 days. Here’s what you actually need to know. Disclosure: Some links on this page
The Canadian real estate market is in the middle of a transition that’s reshaping how investors think about property as a retirement vehicle. PwC Canada and the Urban Land Institute’s Emerging Trends in Real Estate 2026 report describes a sector where traditional assumptions about buy-and-hold no longer hold as reliably as they once did. Here’s what you actually need to
You run a business from your home in Canada and assume your home insurance covers it. The standard policy doesn’t. A typical home policy covers only $2,500–$5,000 of business equipment and nothing at all for business liability. Here’s what you actually need to know. Disclosure: Some links on this page are affiliate links. If you make a purchase through them,
Close to half a trillion dollars in Canadian savings flowed into Guaranteed Investment Certificates between 2022 and 2024, and the pace hasn’t slowed. In the first half of this year alone, another $7 billion in net new money landed in GICs, according to ISS Market Intelligence data. Here’s what you actually need to know. Disclosure: Some links on this page
Nearly 27% of Canadians are now taking on debt just to cover their monthly expenses, according to RBC data. That kind of financial pressure makes anyone vulnerable to a lender offering fast cash with few questions asked. Here’s what you actually need to know. Disclosure: Some links on this page are affiliate links. If you make a purchase through them,
The Canadian cashback market hit US$9,272.1 million in 2025 and is on track to reach roughly US$15.9 billion by 2030, growing at a compound annual rate of 11.1% over that stretch. That pace is not accidental. The programs behind those numbers have been quietly redesigned — moving from simple card rewards toward platform-based models that tie cashback to specific payment
More households are treating high-deductible health plans as a deliberate financial strategy rather than a fallback option. In 2021, nearly six out of ten employer-sponsored plan members were enrolled in one — a record high that suggests something more than simple cost-cutting is driving the shift. Here’s what you actually need to know. Disclosure: Some links on this page are
