Ottawa to expand the Canada Summer Jobs program for youth
The federal government is moving to shore up a historically weak summer job market for students even as one economist argues tough employment prospects for young people suggest broader softness in the job market. Statistics Canada shone a light on the difficult employment prospects for students heading back
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3 Charts That Will Surprise You
Some charts that caught my eye this week: 1. Retirement savings are better than expected. Here’s something I wrote in Everything You Need to Know About Saving For Retirement: My only retirement rule of thumb is that your savings rate should be in the double digits as a percentage
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Video: Psst, Canadians—here are 5 signs your identity was stolen
Fraud and scams are growing every year in Canada. In 2024 alone, Canadians lost a total of $638 million to various schemes, including identity theft. Watch this video, featuring Octavia Howell, chief information security officer at Equifax Canada, to learn what signs could mean your personal information has
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What is the Canada Carbon Rebate?
Update: Final carbon tax payments sent, starting in April 2025 Prime Minister Mark Carney terminated the consumer carbon tax on March 14, 2025. The final Canada Carbon Rebate payments were sent out beginning on April 22, 2025. In order to receive this payment, you must have filed your
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Are you receiving the child benefits you’re entitled to?
No surprise, but raising kids is expensive. Statistics Canada calculates that each child costs a two-parent household an average of $17,235 a year. To help parents make ends meet, the federal government offers the Canada Child Benefit (CCB). If you have children under 18 and file a tax
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The best cash back credit cards in Canada for 2025
MoneySense curated this list of the best cash back credit cards in Canada to help you maximize your rewards on your everyday purchases. Whether you’re looking for high earn rates, low fees and/or other benefits, our credit card guide will help you find the perfect card to boost
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Stock news for investors: Dollarama, Transat and Roots release earnings
Here’s a round-up of news for Canadian investors this week. Dollarama Transat Roots Featured RRSP Accounts featured EQ Bank Build your retirement savings with 2.00% interest, tax-deferred contributions and zero fees. go to site featured Registered GIC rate Earn a guaranteed 3.55% in your RRSP when you lock
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New solution for TenneT’s capital requirements
TenneT is making the electricity grid fit for the future. Major investments will be required in the coming years to strengthen and expand the grid. This is necessary to meet growing demand for electricity, including from households and companies that want a new or higher power connection. TenneT
Read More2025 Tax Plan: more balanced income distribution and healthy public finances
Today Folkert Idsinga, State Secretary for Tax Affairs and the Tax Administration, presented the 2025 Tax Plan to the House of Representatives. The package contains a range of measures to contribute to healthy public finances, improved purchasing power and a stronger business climate. It also includes a number
Read MoreBudget Day 2024: more purchasing power and a return to fiscal discipline
Next year most people will be financially better off. It will pay more to work due to cuts in income tax, and measures on purchasing power will prevent a rise in poverty. The government will also invest heavily in our security, and the budget will absorb the recent
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