The best 5-year fixed mortgage rates in Canada + MORE Jul 12th

Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
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How much is the average mortgage payment in Canada? + MORE Aug 12th

There’s a cost-of-living crisis affecting many Canadians in 2023. Despite inflation falling to 2.8% in June, the run-up in prices of 2022 and early 2023 have made many staples, including groceries, unaffordable for everyday people. Meanwhile, the Bank of Canada’s (BoC) efforts to bring infla.... More »
 property mortgage

‘Strike Out Cancer’ goes national as mortgage industry aims to raise $1M in 2026 + MORE Jan 14th

The annual bowling fundraiser is growing from a Toronto event into a 14-city campaign, with the mortgage industry aiming to raise $1 million for cancer research this year..... More »
 home

Why January is peak season for second mortgages in Canada Dec 18th

For many mortgage brokers, January is the busiest month of the year..... More »

Mortgage reforms alone won’t solve housing crisis, says Mortgage Professionals Canada CEO + MORE Oct 25th

Recent mortgage reforms introduced by the federal government, while a step in the right direction, aren’t enough to fully address Canada’s growing housing affordability crisis, according to Lauren van den Berg, CEO of Mortgage Professionals Canada..... More »

CMHC reports annual pace of housing starts up eight per cent in October Nov 18th

Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September..... More »
Canada’s banking regulator today unveiled proposed changes to the capital requirements that would impact the country’s lenders and mortgage insurers.

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This is the final week of the federal government’s consultation period for its proposed changes to the Canada Mortgage Bonds (CMB) program.

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Mortgages

The best 5-year fixed mortgage rates in Canada
You’re 2 minutes away from getting the best mortgage rates in Canada. Just answer a few quick questions to get a personalized rate quote.

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Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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Insurance

The best 5-year fixed mortgage rates in Canada
You’re 2 minutes away from getting the best mortgage rates in Canada. Just answer a few quick questions to get a personalized rate quote.

I’m buying a home*

I’m renewing/refinancing*

You will be leaving MoneySense. Just close the tab to return.

Life insurance highlights
Life insurance is a contract between you and an insurance provider that protects your dependents financially in the event of your death. Canada has a number of different life insurance policies, including term life insurance, whole life insurance and universal life insurance. Each has its own function and features.To be fully protected financially from unexpected life events, you may also need home insurance, auto insurance and disability insurance.

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Home Insurance

The best 5-year fixed mortgage rates in Canada
You’re 2 minutes away from getting the best mortgage rates in Canada. Just answer a few quick questions to get a personalized rate quote.

I’m buying a home*

I’m renewing/refinancing*

You will be leaving MoneySense. Just close the tab to return.

How to get and compare tenant insurance quotes online in Canada

By Sandra MacGregor on July 12, 2023

Many Canadian renters go without tenant insurance because they assume it will be too expensive or complicated to buy. Others mistakenly believe their personal belongings are covered under their landlord’s insurance—not true. Whatever the reason, around 40% of Canadian renters don’t have tenant insurance, according to a 2021 survey from TD. This means nearly half of Canadian renters have valuables, electronics and personal belongings that won’t be protected if damaged or stolen…

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