Applying for a mortgage from a bank or credit union can be stressful at the best of times. The approval requirements are strict, with borrowers needing strong creditworthiness and employment and ...

There are many instances where you may be in a position to either make or receive a lump-sum payment. Often, you are given the option to choose a lump sum over another payment method. But what exactly ...

In an attempt to save on costs, millions of Canadians are using self-directed investing platforms to manage their own investments. These robo-advisors and online brokerages have made investing more ...

Whether you’re 55, 60, or 65+, senior’s discounts can help you save money on everyday expenses while maintaining your quality of life. From restaurants and grocery stores to public transit and travel ...

However, there are risks associated with co-signing a mortgage. As a co-signer, your credit and financial health may be impacted if the primary borrower struggles to meet their mortgage obligations.

When planning for retirement, Canadians often turn to registered retirement savings plans (RRSP) as a tax-advantaged option to grow their money. After all, RRSPs are designed to help you accumulate ...

Canadians love earning credit card reward points, but most premium credit cards include a wide range of other free benefits, such as travel insurance, airport lounge access, etc. Some credit card ...

Whether it’s through credit cards or retail store programs, Canadians use loyalty rewards to earn discounts on everything from travel to groceries to gasoline. Sometimes, you can earn bonus points by ...

A defined benefit pension plan provides an employee with a lifetime guaranteed income at retirement. The amount you will receive is based on several factors, including your average salary and length ...

Exchange-traded funds (ETFs) make it easy for investors to achieve a diversified portfolio at a low cost. There are thousands of ETFs available from well-known investment firms like Blackrock or ...

Senior bank accounts are designed to cater to the unique needs of senior citizens, providing them with easier access to banking services and often reducing or eliminating fees associated with regular ...

It’s a well-known fact that Canada’s income tax system is very complex. Part of the problem is that for decades, governments have piled on additional tax credits and deductions to reduce the tax ...