Finance news

A survey by CPA Canada shows holiday spending is on the rise, and younger Canadians are using credit to keep up. Dig into the reasons why Gen Z and millennials are racking up the debt, and learn strategies to keep your expenses under control. Gift-giving spending trendsThe holidays can be expensive. In addition to gifts, people spend on travel, food and drinks, special events, and yearly charitable donations. Still, gift-giving remains a priority for Canadians of all ages. Even with ri

It’s that time of the year again. While you’re caught up in last-minute runs to the store and mapping out the family dinner menu for the holidays, an annual financial review is unlikely to cross your mind. The timing of financial reviews often competes with holiday fun as the end of the year nears when it’s harder to set aside a few hours and go through money matters.
Experts say you don’t have to rush the analysis during the peak holiday season. Instead, you can split th

For a while there, it appeared Canada’s housing market was seeing shoots of improvement – but buyers retreated back to the sidelines in November, further dousing price growth and leading to overall improved affordability conditions. As reported by the Canadian Real Estate Association, home sales were largely flat – dipping slightly by -0.6% from October—and remaining nearly 11% below the same time frame in 2024. That led to the average Canadian home price declining by 2%,

Earlier in August 2025, I wrote a column outlining an alternative to the classic 60/40 stock-and-bond portfolio called the 40/30/30 portfolio. The idea was simple: allocate 40% to equities, 30% to bonds, and 30% to alternative asset classes that have the potential to move differently when both stocks and bonds struggle. In theory, that mix would have helped in rare years like 2022, when equities and fixed income fell together.That approach, however, comes with trade-offs. Higher fees are a