Climate Change Is Influencing How Young People Invest Their Money Jul 11th

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Gen Z Canadians face job losses—but time is on their side Feb 5th

Statistics Canada has released new employment insurance (EI) data, and it doesn’t look good for Canadian workers. In the year ending November 2025, the number of people receiving EI rose by 16.1%. Among young Canadians aged 15 to 24, the increase was 12.4%. While this group wasn’t hit the hardes.... More »

The best life insurance in Canada for 2023: Your complete guide Aug 16th

Insurance Best life insurance in Canada for 2023 Get personalized quotes from Canada’s top life insurance providers. Let’s get started* You will be leaving MoneySense. Just close the tab to return. .... More »

Canada’s home insurance under pressure as extreme weather costs rise Feb 21st

Canada’s home insurance safety net is starting to fray at the edges as the costs of extreme weather continue to rise. While competition is still healthy, and the country has so far avoided the coverage deserts growing in the United States, insurers are paring back policies in a variety of ways to .... More »

Compare auto insurance quotes for Toronto Dec 18th

Congratulations! You’ve shopped around and found the car or truck you love. But you’ll need insurance before you drive it off the lot—it’s required in Canada. And when it comes to getting a great insurance rate, it pays to comparison shop, as it does with any major purchase.  Want to.... More »
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How to qualify for EI benefits in retirement in Canada Feb 21st

Ask MoneySense I’m a 75-year-old male, working part-time and contributing to EI every two weeks; and have for 10 years. I do have CPP and OAS income. Do I qualify to collect EI benefits for a period of time if I retire this year? I’ve paid contributions for 10 years and now plan to ret.... More »
The climate crisis and its effects are front of mind for many Canadians. A recent Ipsos study found that 73 per cent of Canadians believe the world is headed towards environmental disaster, unless there’s an effective transition away from fossil fuels and a significant reduction in greenhouse gas emissions by 2030. Young Canadians in particular are worried about how global warming will impact the future: A 2023 study from Lakehead University found that eight in 10 respondents aged 16 to 25 say their mental health is negatively affected by fears and anxiety related to climate change. 

For many Gen Z-ers and younger Millennials, who are now in their early 20s to mid-30s, climate change is also transforming the way that they think about their financial futures. For example, a recent survey by BNN Bloomberg and financial-product comparison site RATESDOTCA found that 60 per cent of homeowners under the age of 34 are reconsidering where they want to live because of climate change. These buyers are avoiding places that have experienced recent extreme weather events, like flooding and forest fires, which not only cause stress for homeowners, but can increase insurance rates…

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