Trump rings bell on record stock market – but will it last? – BBC.com + MORE Dec 12th

TSX getting you down? There are always sound investment alternatives.
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Should I cash my RRSP to pay off my mortgage? + MORE Jan 15th

Ask MoneySense Is it a good idea to pay off my mortgage with my RRSP money and then put what my mortgage payment was back into the RRSP once I’ve paid it off? What are the pros and cons of this strategy to being mortgage free? –Mike Pay off a mortgage or keep investing with RRSPs? Payi.... More »
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Making sense of the markets: Looking at 2025 + MORE Jan 2nd

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. Can we make sense of the 2025 markets? Stock market predictions rarely age well. (As you can read from our look at 2024..... More »

The best GIC rates in Canada for 2024 + MORE Dec 30th

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. Why trust us MoneySense is an award-winning magazine, helping Canadians navigat.... More »
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How prorogation will impact capital gains tax changes in Canada + MORE Jan 6th

Justin Trudeau’s decision to step down and prorogue parliament will keep his government from implementing its proposed changes to capital gains for now, but Canadians might not be off the hook with tax collectors just yet. The changes would raise the portion of capital gains on which companies .... More »

Making sense of the markets this week: December 15, 2024 Dec 13th

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. Enjoy the jumbo rate cut—it’s likely the last one  The Bank of Canada (BoC) cut its key interest rate by 0.50% .... More »
Owning rental properties can be a rewarding (and profitable) venture. It offers steady passive income, builds long-term wealth and provides valuable tax advantages. But with these perks come significant responsibilities—and risks.

Being a landlord can also be time-consuming, and you face potential liabilities that could cost you. From property damage to accidents involving tenants or visitors, unforeseen events can strain your finances—if you’re unprepared. For example, if a tenant trips on a walkway leading to your property and is injured, you could face legal costs and be responsible for paying their medical expenses.

Whether you’re renting out a single-family home or a multi-unit property in Canada, here’s what you should know about landlord insurance.

Landlord insurance vs. homeowner insurance: What’s the difference?

“Can I use home insurance to cover my rental property?” you might wonder. Home owner insurance and landlord insurance are both types of property insurance, but they have different types of coverage and address different risks…

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Trump rings bell on record stock market – but will it last?  BBC.com11 highlights from Trump’s Time Person of the Year interview  CBS NewsPerson of the Year 2024: See the Shortlist  TIMEDonald Trump is TIME’s Person of the Year for 2024  Global News TorontoTrump named Time’s Person of the Year, rings New York Stock Exchange’s opening bell  BNN Bloomberg

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