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Interest Rates

A man of retirement age

Life Insurance

Using whole life insurance for tax-free income in retirement

Borrowing against a policy’s cash value can provide tax-free income. But there are still costs involved and other factors...

Using whole life insurance for tax-free income in retirement

News

Markets bet on second Bank of Canada interest rate cut

Economists and market analysts expect the central bank to cut its benchmark rate this week following a drop in...

Markets bet on second Bank of Canada interest rate cut

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Is it a good time to buy a new car?

Vehicle supply is building, and prices are going down. Here’s why the stars may be aligning for new car...

Is it a good time to buy a new car?

News

BoC considered waiting until July to cut interest rates, summary says

The central bank remains cautious in its approach, noting that it plans to take future interest rate decisions one...

BoC considered waiting until July to cut interest rates, summary says

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Calculating cost savings on a 3- vs. 5-year mortgage

Mortgages

3-year versus 5-year mortgage: How to choose your term

Interest rates are still high but set to come down, which is a key factor in picking a mortgage...

3-year versus 5-year mortgage: How to choose your term
Fireworks for the June 5 BoC lower rate announcement

Mortgages

Making sense of the Bank of Canada interest rate cut on June 5, 2024

Making sense of the Bank of Canada interest rate cut on June 5, 2024
Bank of Canada governor Tiff Macklem discusses the Bank's latest interest rate decision

Financial literacy

What the Bank of Canada’s first rate cut in 4 years means for your finances

What the Bank of Canada’s first rate cut in 4 years means for your finances
A Canadian man wearing headphones for self-care when dealing with financial stress.

News

FP Canada’s 2024 Financial Stress Index: What’s worrying Canadians right now

FP Canada’s Financial Stress Index for 2024 is in. Find out what Canadians think about when it comes to...

FP Canada’s 2024 Financial Stress Index: What’s worrying Canadians right now

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Woman working in call center as dispatcher

Mortgages

Mortgage broker vs. bank—which will save you more money?

The pros and cons of using a mortgage broker and going to a bank directly.

Mortgage broker vs. bank—which will save you more money?

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