G7 2026 Cross-Border Coordination Exercise (CBCE)

Owning a home comes with a long list of expenses that go beyond a monthly mortgage, whether that’s replacing an old roof, paying for home insurance, or keeping up with climbing property taxes. While many costs are fixed, experts say there might be some wiggle room on property taxes to get the amount lowered or a potential refund. But first, you need to know if there is merit for an appeal.“Taxes are one of the biggest expenses associated with owning property,” said Raymond Will

Here’s a round-up of news for Canadian investors this week.
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Strategy (formerly Microstrategy), the original and most well-known Bitcoin (BTC) treasury company, recently sold some of its Bitcoin (BTC) holdings, causing jitters in the investor community. In a move that surprised many investors, the company sold about $218 million (all figures in U.S. dollars unless otherwise specified) worth of BTC this year and has authorized the sale of an additional $1.25 billion, as reported by Reuters. As per the reporting, Strategy did this to fund dividend payments

Ontarians eligible for the monthly Ontario Trillium Benefit (OTB) payment will receive their August instalment on Monday, August 10, 2026.July marked a new benefit year in Canada and benefit amounts were adjusted by 2% based on the Consumer Price Index.Each year, you must file your personal Income Tax and Benefit Return and fill out the ON-BEN Application form that’s included in the tax return package. Based on your return, the Canada Revenue Agency (CRA) determines whether you’re el

Canadians’ investment in cryptocurrency has more than doubled over the past few years, according to a survey released in July by the Ontario Securities Commission. One-quarter of respondents to the Crypto Assets Survey 2025, conducted last December and January, said they owned crypto assets or funds, up from just 10% in 2023.Awareness is growing, too. Six in 10 respondents (59%) correctly identified the definition of cryptocurrency, up from 54% in 2023 and 51% in 2022. More than one third

The Canada Revenue Agency (CRA) is becoming more proactive in its pursuit of tax-free savings account (TFSA) overcontributions. They had a project over the past couple of years where they sent out TFSA education letters. These letters warned people who may have overcontributed to their TFSAs about how TFSA contributions, withdrawals, and overcontribution penalties work. Now, their approach appears to have shifted from education toward enforcement. The CRA may send a proposed RC243 Tax-Free

I recently overheard a conversation between two young mothers talking about the demographic makeup of different communities in the city they lived in. Specifically, which neighbourhoods had younger families with younger children and which were more likely to have families with older kids.Being a parent, I was fascinated—so I did the polite thing and kept listening in as discreetly as possible. As they named different communities and speculated about who lived there, I noticed one defining

When people think about building wealth, they often jump straight to investing, paying off debt, or saving for retirement. While those are all important pieces of the financial puzzle, they rely on one thing to work well: healthy cash flow.  Cash flow is the foundation of every financial decision you make. If you don’t have a clear understanding of where your money is going, it’s difficult to save consistently, invest confidently, or prepare for unexpected expenses.The good

If you’re a parent who has been watching tuition costs rise over the last few years, you might be feeling anxious about paying for your child’s post-secondary education. But despite the higher costs, about half of eligible Canadians are not participating in an RESP to prepare for their child’s future.The Canada Education Savings Grant (CESG) contributes a 20% match of a family’s annual savings contribution to their children’s RESP, and the Canada Learning Bond (CLB)

Here’s a round-up of news for Canadian investors this week.
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I have an unusual—but perhaps more common than I know—question and I hope that someone could kindly point me in the right direction. Is there a type of planner that could provide me with a “state of the nation” overview of our finances (husband and me) and lay out the best course of action moving forward?We are not wealthy, however I believe that, no matter what the situation, there is a strategic and smart way to approach our issue. I am 63 years old

For Eugene Blanchard’s daughter and her partner, the search for a starter home began in Calgary, expanded to Edmonton, and then even beyond Alberta’s borders to the Maritimes and Ontario. But homes that checked the right boxes didn’t fit their budget during their hunt about five years ago, recalled Blanchard. Over time, the young couple’s search ended in Blanchard’s own backyard.“It made a lot of sense,.” said the 69-year-old Calgary resident. “Tea

According to Cboe Canada’s ETF Market Screener, as of July 14, 2026, the Canadian ETF industry consists of 2,025 listed funds, having recently surpassed the $1 trillion assets under management (AUM) milestone. Of those 2,025 ETFs, 158, or 7.8%, explicitly mention “dividend” in their name. That popularity reflects just how strongly Canadian investors gravitate toward dividend investing.It is particularly popular among newer investors. One of the most common ideas promoted online

A new survey suggests the risk of fraud could be on the rise with nearly one-quarter of respondents saying they or a family member have been the victim of financial scams in the past year. The poll, commissioned by TD and conducted by Leger, found 46% of respondents encounter scams or fraud attempts weekly or even daily, and more than half reported behaviours that could make them more vulnerable. That includes u

Convocations and graduation ceremonies are over and new employment contracts are in place. Now, it’s time to understand the tax consequences—especially when take-home pay is a lot smaller than expected.Most new employees can benefit from an onboarding process that includes information about claiming reimbursements for out-of-pocket expenses, pension contributions, or how to deduct unreimbursed costs. Here’s a primer to share.A tax credit for every employeeA non-refundable tax c

Here’s a round-up of news for Canadian investors this week.
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Why trust us
MoneySense is an award-winning magazine,

Buying a home is one of life’s biggest financial decisions, but it’s also one of the easiest places to make an expensive cross-border tax mistake. For many families, purchasing a home represents stability, permanence, and the feeling of finally putting down roots. For U.S. citizens living in Canada, buying a Canadian home can create tax consequences that don’t become apparent until years or even decades later.A case study: When the principal residence exemption isn’t enou

When we moved to Canada and bought our first car, insurance was simply another item on a very long checklist. I knew nothing about the Canadian insurance market, so I did what many newcomers do: lean on someone trustworthy. My father-in-law recommended the brokerage firm he had been using for years, so I called them.The experience was exceptional. They patiently answered every question I had, explained a system I barely understood, and made me feel like more than just another customer. When we l

For most Canadians, a mortgage is simply a fact of life. You buy a home, make your monthly payments, and hope to have it paid off by the time you retire. It’s the advice many of us grew up with: work hard, eliminate debt, and then start enjoying financial freedom.But what if there was a way to make your mortgage work harder for you while you’re paying it down? That’s the idea behind the Smith Manoeuvre, a strategy that helps homeowners use their home equity to potentially build

Clinton Begin was growing tired of frequent visits to bank branches and calling into the trading desk to check on various transactions. “There (were) a lot of things that just took too much of my time. I was always phoning, always going to visit them. It was always a big deal,” he recalled.Even though he had been banking with several of the big lenders for decades, his frustrations grew until they came to a head during one instance involving one of his registered accounts. He fi

Canada’s exchange-traded fund (ETF) industry recently crossed a major milestone. By the end of June 2026, Canadian-listed ETFs collectively held more than $1 trillion in assets under management (AUM), spread across more than 2,000 available products. That growth is impressive, but the Canadian market remains much smaller than its U.S. counterpart. Canada technically launched the world’s first exchange-traded fund ahead of the United States, yet the U.S. industry has since grown to a

With some Canadians skipping the United States in favour of destinations further afield, countries like Peru, Bolivia, and Argentina are attracting more attention. Bolivia is the cheapest of the three, although travellers from Canada will find all of them relatively affordable.5 ways to stay on budget in South America
1. Compare tours after you arrive instead of booking months ahead
2. Carry cash, especially U.S. dollars for Bolivia
3. Use a no-FX fee credit card where cards are accepted
4. Take

In the minds of investors young and old, artificial intelligence (AI) is an investing theme or trend that seems to be right up there with the birth of the internet and the dot-com craze, or indeed the long-ago Industrial Revolution. But over the last 12 months, according to a recent webinar on the topic, market reaction to AI seems to have morphed from enthusiasm about an “unstoppable trend” to fear of the imminent bursting of an alleged “AI bubble.”Our old friends,