As Canadian home prices remain stubbornly high, more first-time buyers are turning to their parents for help with a down payment. According to recent data, nearly one in three first-time homebuyers in Canada receives financial support from family.
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For many Canadians—especially in the Greater Toronto Area (GTA), and other high-priced markets—owning a home has become an increasingly difficult dream. A downturn in the housing market hasn't made homes more affordable; in fact, persistent economic uncertainty, high interest rates, and stringent mortgage stress tests have only widened the affordability gap.
Tariffs have been in the headlines a lot in recent years—and for good reason. These taxes on imported goods can have far-reaching effects, especially for Canadian small businesses that rely on international trade.
If you’ve ever applied for a car loan, mortgage, or credit card, you know the importance of a good personal credit score. But if you’re a business owner in Canada—whether operating as a sole proprietor, in a partnership, or through a corporation—your business credit score can be just as crucial to your financial success.
On March 21, 2025, the Government of Canada brought long-awaited clarity for Canadians who have been confused by nearly a year of uncertainty over capital gains tax changes.
After months of speculation, planning, and in some cases panic-selling, the government officially announced that it will not move forward with the proposed increase to the capital gains inclusion rate—at least not for 2024 or 2025.
Tax season is here, and if you’re 65 or older, we have some tips to help you get all the benefits, credits, and deductions you're entitled to. Whether you're still working, living on a pension, or supporting loved ones, filing your taxes accurately and on time can help you keep more money in your pocket.
If you have a home-based business or work from your home, you should consider getting business insurance. Business insurance can protect you against loss or damage to physical property or the loss of your business's ability to operate and generate income. Home or tenant insurance will generally not pay for claims related to a home-based business.
The Lifelong Learning Plan (LLP) is a Canadian government program that allows individuals to withdraw funds from their Registered Retirement Savings Plan (RRSPs) to finance full-time education or training for themselves or their spouse or common-law partner. This initiative supports lifelong learning and skill enhancement, making education more accessible for Canadian residents.
