Finance news

Some Canadians will receive a payment from Veterans Affairs Canada (VAC) on Monday, September 28, 2026.The governmental department provides tax-free financial support to Canadian Armed Forces members and veterans, current or former RCMP members, and certain Second World War or Korean War veterans (including Merchant Navy veterans) who have a health condition related to their service. This benefit is called Veteran Disability Pension.There are two main forms this support can take today: Pain and

From second-hand Billy bookcases to cheaper meals, Ikea is leaning into its low-cost roots as cash-strapped Canadians look for more affordable ways to furnish their homes and feed their families. The Swedish retailer says it’s doubling down on affordability by expanding its used-furniture business, keeping restaurant prices low, and wringing savings from sustainable product design and supply chain efficiencies. Two of Ikea’s top executives sat down with The Canadian Press to dis

Investor rights advocate FAIR Canada says the existing restrictions on prediction market contracts should remain unless broader access is shown to benefit investors and serve the public interest.Prediction market trading lets customers make wagers on the outcome of real-world events, though in Canada it is limited by securities regulators to economic, financial, or climate matters.FAIR Canada CEO Jean-Paul Bureaud said in a news release Thursday that an event contract may legally be considered a

Kelley Keehn recalls a financial mistake she made in her 20s, when she bought a Mercedes sports car that was out of her budget. “I was doing well financially, but not well enough to try to keep up with my wealthy clients. And quite frankly, I had no idea what I was doing,” said Keehn, the CEO of Money Wise Institute.She said things might have been different if she had a financial mentor in her life at the time, who would have encouraged her to examine why she was making some of

I came across a report from RBC recently that found 51% of Canadian parents with adult children between 18 and 40 had provided them with financial support in the past year. The average was just over $6,000, largely going toward everyday expenses like groceries, rent, and utilities. Even among parents whose kids were 35 to 40, more than a third were still writing cheques.My first thought was that financial independence had gotten harder to achieve, and that is an undeniable fact. But then I wonde

I think I may have found the answer to why you have a gym membership but rarely go. But I wasn’t thinking about gym memberships when I stumbled onto the reason; I was thinking about something that recently happened at work.I was on a call with a client, and the subject was how to get their customers to complete the onboarding process for services they had already signed up for. It turns out the struggle begins soon after people swipe their credit cards.What makes this particularly interest