Finance news

Canadians have no shortage of options when it comes to selecting a new credit card. Whether you’re looking at a Visa, Mastercard, or Amex from a fintech, big bank, or credit union, we’re here to help you sort through all your choices for 2026.To make it easier to find the best credit card for you, we’ve broken the best credit cards down based on the financial goals and categories they best align with. Once you’ve decided what you’re looking for from a new credit car

If you’re travelling abroad and using your credit cards for most purchases, foreign transaction (forex) fees can really take a bite. That’s because card issuers charge around 2.5% on every foreign purchase—on top of the exchange rate.You can avoid this fee by using a card that waives it. Alternatively, you could offset the fee with a credit card that offers more than 2.5% back in rewards on those purchases. There’s a lot of valuable information to cover, so let’s ge

Homeowners may be tempted to take the mortgage rate offered in a renewal letter, but savvy borrowers see it as the start of a negotiation process that could lead to big savings.With many borrowers now renewing at rates above what they previously locked in, mortgage professionals say the worst move is signing whatever arrives in the mail. The best results come from starting early, shopping around, and comparing more than the headline rate.Kola Ifabumuyi, a certified mortgage planner with Mortgage

Statistics Canada said Monday that the annual pace of inflation rose to 3.1% in September as the war in the Middle East continued to drive up gas prices.The agency said the acceleration was led by a 27.8% spike in gasoline prices last month compared with a year earlier, despite the switch to the less expensive winter gas blend.Excluding gasoline, consumer prices increased 2.2% year-over-year in September.The agency said fuel oil and other fuels surged 57.8% in September, hitting consumers hard i

A premium travel credit card can come with an impressive list of rewards and perks, but that doesn’t necessarily mean it’s worth the annual fee. The real question is whether you’ll use enough of those benefits to come out ahead.If you’re comparing RBC travel credit cards, the RBC British Airways Visa Infinite may be one to consider. With a $165 annual fee, a purchase rate of 20.99%, and a cash advance rate of 22.99%, it’s worth doing the math: Can the rewards and be