Applying for a mortgage from a bank or credit union can be stressful at the best of times. The approval requirements are strict, with borrowers needing strong creditworthiness and employment and ...

However, there are risks associated with co-signing a mortgage. As a co-signer, your credit and financial health may be impacted if the primary borrower struggles to meet their mortgage obligations.

A defined benefit pension plan provides an employee with a lifetime guaranteed income at retirement. The amount you will receive is based on several factors, including your average salary and length ...

In an attempt to save on costs, millions of Canadians are using self-directed investing platforms to manage their own investments. These robo-advisors and online brokerages have made investing more ...

Many Canadian homeowners have wondered if mortgage interest is tax deductible. Chances are, they’ve heard that their neighbours to the south can claim their mortgage interest (it’s true). Also, with ...

Exchange-traded funds (ETFs) make it easy for investors to achieve a diversified portfolio at a low cost. There are thousands of ETFs available from well-known investment firms like Blackrock or ...

For the past several years, it’s been easy for all but the most conservative investors to avoid Guaranteed Investment Certificates (GICs). That’s because interest rates were so low most GICs couldn’t ...

Whether it’s through credit cards or retail store programs, Canadians use loyalty rewards to earn discounts on everything from travel to groceries to gasoline. Sometimes, you can earn bonus points by ...

When planning for retirement, Canadians often turn to registered retirement savings plans (RRSP) as a tax-advantaged option to grow their money. After all, RRSPs are designed to help you accumulate ...

Whether you’re 55, 60, or 65+, senior’s discounts can help you save money on everyday expenses while maintaining your quality of life. From restaurants and grocery stores to public transit and travel ...

Looking to boost your credit score and manage your finances better? Borrowell might be the tool you’re after. This free Canadian service gives you access to your credit score and report, helping you ...

The First Home Savings Account (FHSA) is the best new financial tool/account to be introduced since the introduction of the Tax-Free Savings Account (TFSA) back in 2009. The FHSA is designed for a ...