How to go about securing the best policy for your insurance in Canada.
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Canada’s best travel credit cards 2020 + MORE May 15th
With a good travel credit card in your name, going on a trip can suddenly become affordable. And, you can get even more value if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks such as lounge access, amazing insurance coverage and the flexib.... More »
The GIC Laddering Strategy: Reach for Returns with Safety Jun 20th
When you save for retirement through investing, you have two main goals: to grow your money but also to protect what you put in from being wiped out.
So, for most people, it makes sense to put a portion of their money into fixed-income products that keep their principal safe and provide a steady s.... More »
So you fell short of your financial goals in 2025—here’s how to do better Dec 27th
Did you fall behind on your financial goals for 2025? If so, you’re not alone. According to a survey by online estate planning platform Willful, 58% of Canadians reported postponing financial tasks they’d earmarked for the year, such as paying down debt, contributing to registered savings and in.... More »
What type of insurance does a home-based business need? May 27th
Q. I am starting up a small business where I will manufacture, market and sell my own products online. I will use a room in my home as an office. What type of insurance do I need?
–Paul
A. Hi Paul. An insurance policy protects you against defined risks. Although I haven’t seen your home insuranc.... More »
These are the most expensive postal codes for auto insurance in the city. Here’s how you can save if you live in one + MORE Mar 16th
The City of Toronto came in as the seventh most expensive city in the province for auto insurance, with the most expensive postal codes — M3N and M9M — in Humber River-Black Creek..... More »
Stung by costs, some of Minnesota’s medical marijuana patients back to buying on streets
– canadianbusiness.com
ST. PAUL, Minn. – Just two months after Minnesota launched its medical marijuana program, some patients turned off by high costs say they are back to buying the drug illegally because it’s the only way they can afford it.
State officials and the companies hired to make marijuana products trumpeted the program’s medical approach — pills and oils, no leaf products — when it launched in July. But some patients say the highly restricted and regulated system is costing them hundreds or even thousands of dollars a month— none of it covered by insurance.
Company executives defend their prices — a small vial of marijuana extract can run nearly $130 in Minnesota, more than double the cost of a similar product in Colorado, where recreational marijuana is legal and they’ve sold it medically for more than a decade — and say costs will fall over time. But they’re also taking steps to help some buyers, including raising money to cut the price for lower-income patients…
State officials and the companies hired to make marijuana products trumpeted the program’s medical approach — pills and oils, no leaf products — when it launched in July. But some patients say the highly restricted and regulated system is costing them hundreds or even thousands of dollars a month— none of it covered by insurance.
Company executives defend their prices — a small vial of marijuana extract can run nearly $130 in Minnesota, more than double the cost of a similar product in Colorado, where recreational marijuana is legal and they’ve sold it medically for more than a decade — and say costs will fall over time. But they’re also taking steps to help some buyers, including raising money to cut the price for lower-income patients…
Laneway homes raise insurance concerns
– moneysense.ca
(Joe Wolf/Creative Commons)TORONTO – Soaring real estate costs are pushing some Canadian cities to embrace laneway housing, touted as the future of affordable living in urban centres.
But as the properties become more popular and balloon in value, questions are beginning to arise about whether current insurance practices are sufficient.
Home insurer Square One Insurance says it has been fielding so many recent calls about laneway homes — most of them in Vancouver — that it’s started offering a separate product created specifically for the structures.
Daniel Mirkovic, the company’s president and chief executive, says in the past, laneway homes or coach houses were often $50,000 conversions of detached parking garages created by homeowners to house their adult children.
“Now, because of the high price of real estate, the whole concept of laneway housing has changed,” Mirkovic said. “When you’re looking at a laneway home that the owners have invested $200,000 or $300,000 dollars to build, that’s a very significant investment…
