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Why Canadian consumer debt continues to grow Nov 27th
Consumer debt rose to a record $2.5 trillion in the third quarter as many Canadians continue to struggle with high living costs and rising unemployment, new surveys from two credit bureaus say.
Newcomers and consumers who borrowed money for the first time in the past 12 to 36 months saw the.... More »
Why 2026 could be a year to rent, not buy + MORE Jan 28th
The “new year’s special” advertising a two-bedroom unit at a midtown Toronto highrise might be what draws you in when searching for your next home—an offer for up to three months of free rent, plus a $500 “move-in bonus.” Or perhaps a year of complementary internet, on top of two mon.... More »
How is investment income taxed in Canada? Jul 3rd
Ask MoneySense
I have a GIC and wondered what if I take out $50,000, how much income tax will I be paying?
My financial advisor is not very helpful.
–Louise
There are tax considerations when you own investments. There may be tax owing when you sell investments. And different investment .... More »
Honor Announces $10B AI Investment, Plans Gemini-Powered ‘Agentic’ Smartphone - Mobile ID World Mar 2nd
Honor Announces $10B AI Investment, Plans Gemini-Powered ‘Agentic’ Smartphone Mobile ID WorldChina's Honor pledges $10 billion AI investment and deepens ties with Google in global push CNBCChina's Honor announces $10 billion investment in AI devices ReutersHonor .... More »
The best high-interest savings accounts in Canada for 2025 + MORE Jun 16th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Variable mortgage rates regaining traction as Bank of Canada cuts rates CTV NewsBank of Canada reduces policy rate by 25 basis points to 4¼% Bank of CanadaPosthaste: CIBC says the ‘when’ for Canadian dividend stocks is now Financial PostMarket Quote: Bank of Canada Cuts Again, Fed to Follow Suit? AGF PerspectivesBetter mortgage rates but not prices for B.C. homeowners, buyers after BoC rate cut Global News Toronto
