Why homeownership isn’t guaranteeing financial security for seniors Apr 1st

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.

Latest News

The best GIC rates in Canada for 2026 Jul 27th

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 navigate m.... More »

Feds announce $4.7B for new Via Rail cars to be built in Ontario, Quebec - CBC + MORE Sep 3rd

Feds announce $4.7B for new Via Rail cars to be built in Ontario, Quebec CBCDonald Trump accuses Mark Carney of making him ‘the enemy’ as PM announces $4.7B Via Rail investment thestar.comVIA Rail cars to be made in Canada for 1st time in 40 years, Carney says Gl.... More »

Musk's SpaceX prices record $75 billion IPO at $135 a share - Reuters + MORE Jun 11th

Musk's SpaceX prices record $75 billion IPO at $135 a share ReutersElon Musk's SpaceX valued at nearly $1.8tn ahead of record share sale BBCFriday's big stock stories: What’s likely to move the market in the next trading session CNBCSpaceX IPO Draws More Than $100 .... More »

Where to buy real estate in Canada in 2026: National overview + MORE Apr 27th

window.addEventListener("message",function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data["datawrapper-height"][t]+"px";r.style.height=d}}});.... More »

Stock news for investors: Couche-Tard profits rise as Lululemon cuts outlook + MORE Sep 4th

Here’s a round-up of news for Canadian investors this week. Couche-Tard Lululemon BRP Featured RRSP Accounts featured EQ Bank Build your retirement savings with 1.50% interest,.... More »

Why homeownership isn’t guaranteeing financial security for seniors

– moneysense.ca

There’s a common belief that homeownership guarantees financial security, but a new study from the University of Calgary challenges that idea. The March 2025 Social Policy Trends study surveyed 715 Albertan seniors—both homeowners and renters—about their financial situations.

While the study examined housing insecurity more broadly, the top concern wasn’t rent—it was the cost of maintaining a home. Here’s a closer look at what’s making homeownership harder for seniors, and a practical roadmap for adapting your finances.

Homeownership no longer guarantees financial security

Owning a home is often seen as a financial safety net—especially compared to renting. But for many seniors, that sense of stability is starting to erode. The University of Calgary study revealed that 34% of senior homeowners are worried about affording upkeep for their homes, and 16% have considered selling their homes due to financial pressure.

Those findings align with what Ben McCabe, founder and CEO at Bloom Finance, is hearing from seniors firsthand…

Continue Reading On moneysense.ca »

Why not follow our RSS feed to keep in sync with the latest Canadian Investment news?

Share