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Latest News
It’s possible to be a first-time home buyer twice—here’s how + MORE Jul 9th
Can you do something and then later do it again for the first time? You can if that “first time” involves buying a home.
There are a few supports and programs in place for first-time buyers in Canada, including the Home Buyers’ Plan and the first home savings account (FHSA). First-time home.... More »
Why you may not need an emergency fund + MORE Sep 16th
Many experts suggest saving six months of living expenses for emergencies like a job loss. But, says Toronto fee-only planner Jason Heath, if you’re in a stable household it makes more sense to use that money elsewhere, and open a home equity line of credit to draw on in the event of a crisis. Con.... More »
Late filers: Get your back taxes sorted before year-end + MORE Dec 10th
The last day on which tax practitioners can electronically file clients’ returns for tax years 2017 to 2024, as well as amended T1 returns for 2021 to 2024 using ReFILE services, before an annual month-long pause, is January 30, 2026. But there are important reasons for late T1 filers to add tax p.... More »
The best high-interest savings accounts in Canada for 2026 + MORE Mar 11th
Savings comparison tool
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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How the Liberals’ re-election impacts RRIFs, taxes and more + MORE May 7th
The Liberals held on to power in the recent federal election, and this has tax implications for Canada’s seniors and other taxpayers—in particular, for retirees and their strategies for their registered retirement income fund (RRIF) this year and possibly in the future.
Reduced RRIF minimum w.... More »
The Cypriot government says depositors at the country’s largest bank will lose 47.5 per cent of their savings over the 100,000-euro ($132,000 Canadian) insurance limit.Compare to Save Thousands In Minutes on Car and Travel Insurance
– ratesupermarket.ca
RateSupermarket.ca Adds Travel and Auto Features to Insurance Comparison Lineup
Toronto Ontario – July 24, 2013: For many Canadians, the summer season presents the perfect time for a road trip or family vacation – and budgets can skyrocket along with hot weather temperatures. When it comes to trimming seasonal travel costs, the right insurance coverage can present significant savings – and now it’s easier than ever to find the best quotes in your region.
RateSupermarket.ca, Canada’s comprehensive rate comparison site, has unveiled new additions to their rate comparison options – a newly enhanced car insurance engine featuring over 40 carriers, and a brand new, in-depth travel insurance comparison service.
Powered by Kanetix Ltd., RateSupermarket.ca’s certified auto and travel insurance quote provider, these powerful comparison engines work within minutes to locate customized quotes for consumers based on their personal driving history, vehicle, and travel needs…
How To Save On Camping
– ratesupermarket.ca
Camping season is here! For outdoor enthusiasts, there’s nothing better than picking a new region, packing up the car and heading out for a weekend in the woods. For those on a budget, though, camping isn’t cheap, especially when you want to do it every weekend. Wanna save a buck or two this summer? Read this savings guide for great money-saving tips.
Saving On Camping Gear
The best way to save on camping gear is by buying second hand. Luckily, camping gear is one of those things that people seem to buy, rarely use and then either sell online or at garage sales. With a little work, though, you could have a great set of gear for next to nothing.
There’s a lot of great gear out there, and while it might be tempting to buy all of the latest gadgets and gizmos, most of the stuff out there is unnecessary. Stick with the basics – a tent, a cooler, a foam mat or inflatable mattress, sleeping bag, and little items, like a flashlight, air pump, and bug spray.
When you go to make your major purchases, it’s best to buy at the end of the season…
Debt dilemma
– moneysense.ca
A new poll for BMO suggests some 83% of Canadians have some form of debt (including mortgages), up from 74% from at the same time last year. Average monthly payments meanwhile are down from $1,138 in 2012 to $986. “With Canadian household debt levels remaining at dangerously high levels, we have to wonder why so many Canadians are making lower monthly debt re-payments. When interest rates are low, as they currently are, Canadians need to do more than just make the minimum payment each month. Consumers need to take advantage of our current economic climate and put more effort towards retiring their debt,” said Consolidated Credit’s Jeffrey Schwartz in a release Wednesday.
Meanwhile, a poll for TD Canada Trust has found that 40% of recent post-graduate students find it difficult to make minimum repayments on student loans in the first two years after graduating. As a result, many admit to postponing a number of life milestones, including buying a first home (40%), starting a family (36%), getting married (23%) and even moving out of their family home (18%), until student debts are repaid…
