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New study shows life insurance coverage is up, but confidence is down + MORE Sep 6th
September marks Life Insurance Awareness Month, so it’s fitting to dive into PolicyMe’s second annual life insurance report. The 2026 Life Insurance Gap Report, produced in partnership with Angus Reid, looked at the responses of over 1,500 adults asked about life insurance coverage and barriers .... More »
Best cash-alternative ETFs for Canadian investors 2026 Apr 30th
If the only investment account you have is a registered retirement savings plan (RRSP), you probably don’t need to concern yourself with cash or cash-equivalent holdings. But let’s say you’re in the market for your first home and you’re saving up a down payment. You can’t afford to lose mo.... More »
Condo maintenance fees: How much is too much? Jun 29th
Condos are a popular choice for many first-time homebuyers owing to their lower price point and access to amenities such as gyms and pools. But as well as a mortgage, condo owners are responsible for monthly maintenance fees that support operating costs for the building, among other aspects, and it&.... More »
How to fund accessible home renovations in Canada Jul 7th
My house, as I told my insurance broker recently, is the Canadian housing equivalent of ancient. Built in the 1910s in Saskatoon, this house has many foibles. To hang pictures, I have to use wood screws lest regular nails bounce off of the layers and layers of paint. My basement is a little more tha.... More »
Commission warns N.B. residents against using Toronto insurance-related company - CBC Mar 21st
Commission warns N.B. residents against using Toronto insurance-related company CBC.... More »
Gen Z Canadians face job losses—but time is on their side
– moneysense.ca
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 hardest, that’s little comfort to the more than 50,000 Gen Z Canadians who lost their jobs during this time.
Young people face many of the same job challenges as older workers, plus some extra ones, like limited work experience. Still, they have one major advantage: time. Younger people have more years to save and invest. If you’re Gen Z and trying to improve your financial future in a shaky economy, starting now can make a big difference.
Economic outlook for Gen Z Canadians
Gen Z includes people born between 1997 and 2012, which closely matches the 15–24 age group used by Statistics Canada. Here’s a snapshot of their financial situation.
High cost of living
Rising prices affect everyone…
