The number of Canadian parents opening separate savings accounts for their children has climbed steadily, and it’s not hard to see why. Government incentives tied to the traditional RESP have shifted, tuition costs keep rising faster than many portfolios can keep up, and more families want flexibility that a single registered account doesn’t always offer. Here’s what you actually need
Going through a divorce in Canada reshapes more than just where you live. Contested divorce litigation can run from $50,000 to over $200,000, and that’s before you factor in what it costs to get the tax treatment wrong. The family home, the RRSPs, the pension credits you both built up, even the Canada Child Benefit you’ve been receiving — every
Living in Ontario means paying roughly two and a half times more for car insurance than living in Prince Edward Island — not because of what you drive, but because of where you park it. The gap between Canada’s cheapest and most expensive provincial auto insurance markets now sits at over $1,200 per year, and the forces behind it have
Canadian investors paid an average of 1.98% annually on equity mutual funds last year — nearly four times the global average of 0.50%. That gap alone explains a lot about why more people are moving away from stock picking and toward low-cost index funds. Here’s what you actually need to know. Disclosure: Some links on this page are affiliate links.
Most Canadians assume building credit means eventually carrying a balance. That assumption costs people thousands in interest every year. With the average credit card interest rate at 20.99% in 2026, according to Credit Canada, carrying even a modest balance turns a convenience into a long-term drain. And yet the entire system seems designed to push you toward debt — approval
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
