Finance news

Here’s a round-up of news for Canadian investors this week.
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January is for fresh starts, but too many Canadians are held back by last year’s overspending. Lenders know about new year’s debt-hangovers, so you may be seeing more credit offers in your inbox—but be wary. Used incorrectly, that deal on a balance transfer or sign-up bonus could get you into even deeper financial trouble.Credit card debt in CanadaIf your last credit card statement dampened your seasonal joy, you’re not alone. According to TransUnion, consumer credit card

Looking for a $541 flight to Delhi? An $872 five-night stay at a luxury resort in Spain? A $4,100 11-day Caribbean cruise? Canadians looking for deals on flights, hotels, and vacation packages can purchase bookings second-hand—including those above—as long as they’re careful and none too choosy. A handful of platforms now specialize in pairing sellers who have to call off non-refundable trips with buyers eager for a bargain and willing to reserve last-minute. “I like to c

The math doesn’t lie. Living in a rental apartment with a housemate and having multiple side gigs still won’t get you close to your dream of saving up for a home any time soon. It will be years before you’ll have enough money for a down payment, unless you cut your expenses drastically and save most of what you earn. Maybe moving in with your parents is on the table.While moving back home could help achieve your goals faster—paying down debt, boosting your emergency

Welcome to the Canadian Crypto Observer. Financial journalist and author Aditya Nain offers perspective on market-moving headlines to help Canadian investors navigate the cryptocurrency market.2025 was a milestone year for BTC and other cryptocurrencies. The passing of the GENIUS Act in the U.S., which regulates U.S. dollar stablecoins, confirmed crypto’s status as a mainstream asset. Equally important was the proliferation of cryptocurrency exchange-traded funds (ETFs) in Canada, the US,

U.S. President Donald Trump’s proposal to cap credit card interest rates at 10% for a year echoes what some advocates in Canada have long been pushing for, and banks pushing against. Consumer advocate Duff Conacher, co-founder of Democracy Watch, last month pushed the government to act on the issue to stop what he characterized as “bank gouging.” The financial industry, meanwhile, has generally pushed against measures to limit interest rates, saying such actions would cut some

The narrative about smartphone use among teenagers is changing. There’s been a growing push in the past few years to keep phone screens away from tweens and teens. Several school boards banned cellphones in classrooms in some provinces in 2024, while calls to follow Australia’s steps in banning social media for those under the age of 16 have grown in Canada. Still, many parents can only hold off for so long on giving their child their first smartphone. And when you do, expe

An incorporated owner manager may end up owing money to their corporation or being owed money by their company. There are tax considerations in both cases. Here is an overview.When your corporation owes you moneyIf you personally pay for expenses on behalf of your company, it owes you for these personally paid corporate expenses. You can be reimbursed tax-free. If you deposit money to your corporation, the same situation applies—that is, you are owed money back tax-free. This situatio

#MCLearn 🎥 | Debt doesn’t slide into your DMs with a warning — it sneaks in through EMIs, swipes, and ‘just one loan.’ Before you know it, your paycheck is gone before it even lands. Think you’re in control of your money? If you’re only paying minimum dues  LinkedIn

Saving more in 2026 is a common new year’s resolution, but with budgets tight and inflation driving the cost of groceries and everyday necessities higher, it’s easier said than done. Financial planning experts say it takes a careful review of where you’re spending to find ways to save, but making small monthly changes can add up over the year. Kelly Ho, a certified financial planner at DLD Financial Group, says you should start by identifying your fixed costs such as rent,