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What the data isn’t showing about credit stress Apr 16th
The broad picture of household finances indicates that Canadians are generally managing through the upheavals of tariffs, a soft job market, inflation, and other headwinds, but looking deeper shows pockets of severe credit challenges.
The recent difficulties at Goeasy Ltd. give a hint of those .... More »
Scottish-born midwife unable to practise in B.C. after immigration flags missing proof of English proficiency - CTV News + MORE Mar 25th
Scottish-born midwife unable to practise in B.C. after immigration flags missing proof of English proficiency CTV NewsBureaucratic snafu means Scottish midwife must leave Victoria Times ColonistClerical error jeopardizes immigration status of Victoria midwife Victori.... More »
The best GIC rates in Canada for 2026 Mar 31st
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
More Canadians are rethinking their bank. Should you? + MORE Jul 23rd
Clinton Begin was growing tired of frequent visits to bank branches and calling into the trading desk to check on various transactions. “There (were) a lot of things that just took too much of my time. I was always phoning, always going to visit them. It was always a big deal,” he recalled.
.... More »
How to plan for the cost of caring for an aging pet Aug 13th
As Lucy grew older, her blood work started to show some abnormal results. By the time the 80-pound shepherd mix was turning 10, her owner Emma Gilmour wanted a diagnosis. Lucy’s veterinarian had mentioned Cushing’s disease as a possibility. Gilmour paid close to $5,000 for further testing, incl.... More »
Financial paralysis and how to get moving again
– moneysense.ca
New findings from the Credit Counselling Society’s (CCS) 2026 Consumer Debt Report reveal a concerning pattern in how Canadians are experiencing debt. Under cost-of-living pressures, many are increasing their debt load, relying on credit to make ends meet. And while they’re making their minimum payments, they’re trapped in a cycle and never getting ahead. For some Canadians, the only way to avoid money stress is to stop thinking about it altogether.
Canadians face financial pressure
According to the data, Canadians remain under significant financial pressure, with a full 68% expressing concern about the cost of living. Almost a third (30%) of respondents are anxious about money, especially women and those making less than $50K per year, while Generation X worries about their retirement.
Compounding the issue, money insecurity is having a notable effect on how Canadians spend. Forty-two percent reported relying more this year on credit than cash, a 7% increase over last year’s numbers…
