Hidden camera reveals how bank employees mislead and upsell on pricey credit card insurance Nov 7th

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When are credit-card rewards worth paying an annual fee? Aug 4th

For the last decade or so, Jim and Willina Collins have enjoyed a regular bonus by using their no-fee cash-back credit card to pay for many of their expenses, including holiday flight and accommodation bookings, gasoline, vehicle repairs, and insurance on their vehicles (the couple have a car and a .... More »

Why is auto insurance so expensive in Alberta? Dec 7th

Auto insurance in Alberta has been in the news recently with Premier Danielle Smith’s announcement that insurance rate premium hikes for “good drivers” will be capped at 3.7% as of January 1, 2024. The government chose this percentage to match Alberta’s inflation rate in September 2023, the .... More »

What is a cashable GIC? + MORE Dec 23rd

Canadian investors have been struggling with high inflation for a couple of years now. In an attempt to cool inflation down, the Bank of Canada (BoC) continues to keep interest rates high. As a result, the interest rates available for guaranteed investment certificates (GICs) look to be pretty attra.... More »

Climate Change Is Influencing How Young People Invest Their Money Jul 11th

The climate crisis and its effects are front of mind for many Canadians. A recent Ipsos study found that 73 per cent of Canadians believe the world is headed towards environmental disaster, unless there’s an effective transition away from fossil fuels and a significant reduction in greenhouse gas .... More »

6 times when a GIC is a smart investment choice + MORE Mar 13th

A guaranteed investment certificate (GIC) may seem like your grandfather’s kind of savings product. After all, his generation was fond of similar investment tools, like government savings bonds and treasury bills, and benefited from periods where interest rates were high enough to make these low-r.... More »
A Marketplace hidden camera investigation is raising questions about how bank employees are selling a pricey and controversial product marketed to help with credit card payments if you lose your job or get sick.

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