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 ...

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 ...

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 ...

Purchasing a home can be both an exciting and overwhelming process. One aspect that often causes confusion for first-time homebuyers is mortgage closing costs. These expenses are part of the final ...

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 ...

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 living will, often referred to as an advance directive, is a legal document that provides instructions on the type and extent of care you wish to receive should you become incapacitated. In Canada, ...

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 ...

Insurance companies play a vital role in the financial well-being of individuals and businesses. They provide protection against many risks and uncertainties, so it’s critical to have a strong ...

Healthcare costs are one of the most overlooked expenses that Canadians face every year. It could be that our universal healthcare system leads us to assume healthcare is free or that medical expenses ...

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 ...

One of the questions that often arises when dealing with the affairs of a deceased person is whether or not their will must be probated. But what exactly is probate, and as an executor, how do you ...