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Do affordable starter cars still exist? Jan 23rd

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CPP payment dates in 2025, and more to know about the Canada Pension Plan + MORE Feb 24th

In Canada, no retirement plan is complete without considering the CPP. Whether you’re approaching retirement or still several years away from it, the Canada Pension Plan will likely play a role in your retirement income. How big a role depends on several factors. You may have other questions, too..... More »
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CPP payment dates in 2025, and more to know about the Canada Pension Plan Apr 2nd

In Canada, no retirement plan is complete without considering the CPP. Whether you’re approaching retirement or still several years away from it, the Canada Pension Plan will likely play a role in your retirement income. How big a role depends on several factors. You may have other questions, too..... More »
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Cost Management Strategies for Canadian Group Benefit Plans May 12th

The cost of providing comprehensive benefits continues to rise. Managing group benefits effectively is critical for employers in Canada. The need to find balance between offering appealing group insurance to employees and maintaining financial sustainability is not easy. Here are some innovative co.... More »
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If you’re going on vacation, don’t forget travel health insurance Jul 7th

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Do retirees need life insurance? Mar 4th

Ask MoneySense My wife and I are both retired office workers from a large manufacturing firm. She retired at 60 and I did at 61. We are both 67 now. We have good retirement income between our pensions, LIF, OAS and max CCP, as well as about $12,000 per year in dividend income. The issue is our RRSP.... More »
Do affordable starter cars still exist?“There’s no such thing as a starter brand new car anymore,” said Michael Bettencourt, a longtime auto journalist and co-author of an upcoming book on buying an electric vehicle in Canada. He is also a father to a 17- and 20-year old—the latter of whom will be shopping for a car soon. 

With two sons that age, insurance is a nightmare, Bettencourt said. If you have a few models in mind, check out insurance rates for those vehicles before you start shopping.

“Find a site that will compare multiple insurance rates at once,” Bettencourt said. 

“If you’re looking between two cars … you could easily be paying much higher insurance rates on one versus the other. That may be (thousands a year) that’s better spent on paying off student debt, right?”

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