There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
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Why tax season is turning into a debt trap for Canadians (and how to avoid it) Apr 2nd
If you typically carry a credit card balance, you’re in good company. The recent Study of the Canadian Consumer (Winter 2026) by Vividata shows that more than 1 in 3 Canadians (36%) usually have a credit card balance from month to month. What’s striking, however, is the study’s finding that 49.... 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 Feb 9th
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 »
Insights from the Gravitational-Wave Transient Catalogue-4.0 - Innovation News Network + MORE Jun 3rd
Insights from the Gravitational-Wave Transient Catalogue-4.0 Innovation News NetworkAstronomers discover a 'lost world' of black hole mergers: 'It's the astronomical equivalent of uncovering an ancient civilization' SpaceGravitational wave astronomy is now a fully mature scienc.... More »
How fake World Cup fans are trying to game Canada's visa system Jan 18th
Some agents are misrepresenting rules about work permit exemptions to clients, adding to worries about visitors entering under false pretences..... More »
Loans for Canadians with bad credit: How to improve your score
– moneysense.ca
If you’ve ever looked at your credit card statement and thought, “How am I ever going to pay this off?” you’re not alone. Many Canadians are dealing with high-interest debt and, on top of that, worrying about how to boost their credit score. It can feel especially tough if your credit isn’t great right now.
The reality is that more and more Canadians are falling behind on credit payments. Thanks to the spike in inflation that occurred after the pandemic lockdowns were lifted, the cost of living across the country has ballooned. And credit card interest rates? They’re sitting at around 20% or more, which means even a small balance can turn into a monster rather quickly. In a recent Ratehub.ca survey, 50% of respondents said they had taken out a loan (student, auto or personal), and 41% carried debt over $1,000. (Ratehub.ca and MoneySense.ca are both owned by Ratehub Inc.)
Even if you keep up with your minimum monthly payments, credit card interest charges will eat into your progress; it’s like financial quicksand…
