Most Canadian households get an insurance renewal letter, glance at the premium number, and file it away without a second thought. I’ve seen the same habit in my own circle — a quick check of the bottom line, then straight into the drawer. The thing is, that single figure tells you almost nothing about what actually changed in your policy.
Two in three Canadians say they’ll cut their spending in 2026, and nearly a third of them are starting with subscriptions. That’s not a tip from a budgeting blog — it’s what 67% of respondents told TD Bank in a January 2026 survey, a sharp jump from 51% the year before. Subscription boxes, streaming services, app memberships: the things that
Nearly one in three Canadians will face a disability lasting longer than 90 days before they turn 65. That statistic from the Canadian life insurance industry lands differently when you consider most people spend more time planning their next holiday than their income protection strategy. Here’s what you actually need to know. Disclosure: Some links on this page are affiliate
About one in three Canadians pays an NSF fee in any given year. Before March 2026, that typically meant a charge of $45 to $48 per bounced transaction. Now, the maximum is $10. That shift changes the lifetime cost of banking mistakes more than most people realise. Here’s what you actually need to know. Disclosure: Some links on this page
Car insurance in Canada is getting more expensive by the year. Premiums rose 8.7% nationally in 2024 alone, and in Ontario the average annual premium hit $2,068. But two drivers living on the same street, driving the same car, can end up paying wildly different amounts — and one of the biggest reasons is something most people don’t connect to
Food prices in Canada have risen 4.3% year over year as of May 2026, marking the 16th straight month of increases, according to Statistics Canada data cited by Retail Insider. Shoppers aren’t waiting for relief — they’re changing how they buy. A new Spring 2026 Canadian Shopper Sentiment Study from the Retail Council of Canada (RCC), conducted by Leger, shows
Canadian families spent more on pet insurance in 2021 than ever before, with the total premium volume hitting $313.4 million and the number of insured pets climbing 22.7% in a single year. That rate of growth is the clearest sign yet that pet coverage is shifting from a niche product to a staple of how people manage household costs. Here’s
Disclosure: Some links on this page are affiliate links. If you make a purchase through them, Britwealth may earn a commission at no extra cost to you. We only include products and services that are relevant to the topic. This article is general information only and does not constitute professional advice. For your specific situation, consult a qualified professional. 57%
By mid-2025, the average Ontario driver was paying roughly $2,120 for car insurance. Five years earlier, that figure sat closer to $1,600. The gap isn’t just inflation — insurance premiums have been climbing faster than almost any other household expense, and the acceleration has a clear set of causes. Here’s what you actually need to know. Disclosure: Some links on
The Bank of Canada started cutting rates in June 2024, and the one-year GIC rate has since dropped from above 5% to roughly 2.62%. Yet Canadian households still held roughly $497-billion in GICs through 2022 to 2024, and that number hasn’t budged much since the cuts began. Here’s what you actually need to know. Disclosure: Some links on this page
Canadian households carry some of the highest debt loads in the developed world, which means losing a paycheque doesn’t just create a cash-flow problem — it puts your credit file at risk. A single missed payment can mark your report for six years, turning a temporary gap in income into a long-term barrier for renting, borrowing, or even getting a
Last year, Canadian property and casualty insurers paid out over CAD 52 billion in claims, with auto injury claims alone averaging CAD 28,500 per incident. That scale of money moving through the system explains why how you buy insurance — through a broker or directly from an insurer — matters more than most people realise. Here’s what you actually need
