Please Consider Registration and here's Why...

Learn More No Thanks Don't show this again
Success! Post added to bookmarks. View Bookmarks. ×
Error! You have already bookmarked this post. ×
New | Money: what young people really want to know View Now. ×

Developed by the Canadian Foundation for Economic Education

-
Menu
bookmark

6

Mo

Banks are offering cash and iPads to people opening new chequing accounts — should you bite?

In the News   |   August 9, 2019

- -

If you’re up for a bribe, it’s a great time to open a chequing account with one of the big banks. Royal Bank of Canada will give you an iPad that appears to have a... read more

bookmark
Average Canadian household spent more on taxes than living costs in 2018, report finds

In the News   |   August 6, 2019

- -

The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report. The Fraser Institute’s annual Canadian Consumer Tax Index is... read more

more from Economy

7

Ec

6

Mo

bookmark
If you love to judge people on their spending habits, this website’s for you

Articles of Interest   |   August 2, 2019

- -

Money Diaries, an online feature which people reveal their spending habits in minute and sometimes painful detail, launched in Canada on Tuesday. Can we handle it? In its U.S. version, Money Diaries has generated discussions... read more

more from Money

6

Mo

bookmark
Dragons’ Den star’s startup gets $300-million to fuel growth of e-commerce companies

In the News   |   August 1, 2019

- -

A Toronto startup co-led by Dragons’ Den star Michele Romanow that is aiming to transform how young e-commerce companies finance their growth has secured US$300-million in capital to fund its own expansion. Clear Finance Technology Corp., which... read more

more from Business & Entrepreneurship

1

Bu

6

Mo

bookmark
Six reasons why a savings account is an awesome place for your money right now

In the News   |   July 29, 2019

- -

If you look at both risk and reward, high-rate savings accounts might be a better place for your money than any alternative. Stocks are having a great year, but we saw late last year how... read more

more from Money

6

Mo

bookmark
TFSAs have been a disappointment in getting Canadians to save more

Articles of Interest   |   July 19, 2019

- -

Everyone loves tax-free savings accounts – this is not in dispute. But how good are TFSAs for the country? A study recently published in the Canadian Tax Journal raises some doubts. “The key question that... read more

more from Money

6

Mo

bookmark
Online password overload making your head explode? A cyberfraud expert has the answer

In the News   |   July 17, 2019

- -

Technology’s most epic fail of the past two decades is arguably that passwords are still being used for internet security. Passwords were manageable 20 years ago, when we frequented a small number of websites at... read more

more from Money

6

Mo

3

So

bookmark
Got cash in your wallet? Didn’t think so

In the News   |   July 10, 2019

- -

The average amount of cash carried by Canadians is just under $45, according to a recent survey by a company in the payments business called Square. But a lot of us are going around with... read more

more from Money

6

Mo

bookmark
‘Is it better to buy or lease a car?’

In the News   |   July 5, 2019

- -

A reader recently asked me one of the most basic personal finance questions: Is it better to buy or lease a car? Easy one, right? Buying a car and keeping it for a long time... read more

more from Money

6

Mo

bookmark
We need to come clean with millennials on big-city home ownership dreams

In the News   |   July 3, 2019

- -

The good news on housing as we head into the second half of 2019 is that roughly three-quarters of Canadians live in communities where home ownership is affordable. But that other 25 per cent? In... read more

more from Money

6

Mo

bookmark
You will never master your finances until you do this

In the News   |   June 28, 2019

- -

The most intense debate in personal finance is no longer whether it’s better to invest or pay down your mortgage. Today’s guaranteed conversation starter is the question of whether you can find financial success by... read more

more from Money

6

Mo

bookmark
As rising living costs go, families with children are inflation roadkill

In the News   |   June 7, 2019

- -

A new study says the official inflation rate is underplaying the financial stress being felt by families with children. Statistics Canada’s consumer price index is a carefully built gauge of the changing cost of a... read more

more from Money

6

Mo

bookmark
We’re treating our pets like people, and that’s expensive

In the News   |   May 31, 2019

- -

Lots of investing companies send their research to journalists in an attempt to generate some publicity. Most of it is not worth sharing you with, but there are exceptions, such as a recent note from... read more

more from Money

6

Mo

bookmark
Alberta slashes minimum wage for teen students

In the News   |   May 28, 2019

- -

Alberta’s United Conservative government is cutting the minimum wage for students under 18, an attack on a key policy championed by the previous NDP government, which is seeing its legacy quickly undone under Premier Jason... read more

more from Money

6

Mo

3

So

bookmark
The latest debt stats show how banks are trying to keep their customers hooked on borrowing

In the News   |   May 22, 2019

- -

Full credit to the banks for resourcefulness in selling Canadians on ways to rack up more debt. The latest debt numbers from the credit-monitoring firm TransUnion Canada suggest developments in real estate lending have slowed... read more

more from Money

6

Mo