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A grandmother, mother and young girl bake cookies together

Renovations

Multigenerational Home Renovation Tax Credit: What is it and do you qualify?

New for the 2023 tax year, you might be able to claim the Multigenerational Home Renovation Tax Credit for...

Multigenerational Home Renovation Tax Credit: What is it and do you qualify?

Making It

How much does it cost to raise a child in Canada?

Inflation has made daily living more expensive, especially if you have kids. Find out how much it will cost...

How much does it cost to raise a child in Canada?
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News

Bill C-18, social media and search: What you can do to keep seeing MoneySense

In response to Bill C-18, Meta and Google have stated they will stop sharing Canadian news and media on...

Bill C-18, social media and search: What you can do to keep seeing MoneySense
7 in the sky as an analogy of the Magnificent Seven

Investing

Attention, Canadian investors—the “Magnificent Seven” stocks are dominating

Seven stocks, known as the Magnificent Seven, drove the markets up in the front half of 2023; 493 other...

Attention, Canadian investors—the “Magnificent Seven” stocks are dominating

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Three diverse young computer programmers work on laptops

Earn

Want to move to Canada to work? A new digital nomad visa is coming—and much more

The Canadian government has plans to attract tech workers from the U.S. and other countries. Find out how it...

Want to move to Canada to work? A new digital nomad visa is coming—and much more
Two women in their 70s, happy with their decision about annuities.

Retired Money

Should retirees in their early 70s partly annuitize?

Interest rates have soared in the past year—but annuity payouts, not so much. Find out what makes sense when...

Should retirees in their early 70s partly annuitize?

TFSAs

What is considered day trading in a TFSA

The recent Ahamed v. The King decision by the Tax Court of Canada highlights risks for investors who trade...

What is considered day trading in a TFSA
A hand pushes a model airplane across a chalkboard

Credit Cards

BMO to buy Air Miles after the rewards program’s owner filed for bankruptcy

The popular rewards program reassures its members that their Air Miles balances won’t be affected. We hope they go...

BMO to buy Air Miles after the rewards program’s owner filed for bankruptcy

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A young man and an older man walking up stairs. This symbolizes how much you need to retire by starting to invest in your 20s

Retired Money

How much money do you need to retire in Canada? Is it really $1.7 million? 

While $1.7 million is a big number, it’s possible to retire in Canada on that amount, if you start...

How much money do you need to retire in Canada? Is it really $1.7 million? 

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