Canada Money

4 Reasons Why Canada Lost The Penny Permanently

Brett Caron | Posted 02.13.2017 | Canada
Brett Caron

At the time they were phased out, pennies cost the Canadian Mint 1.6 cents to produce. Doesn't make much cents, does it? Getting rid of them ended up saving taxpayers up to $11 million a year, which is advantageous.

The Snowball Method Can Help You Put Your Debt On Ice

Avraham Byers | Posted 01.11.2017 | Canada Business
Avraham Byers

If I gave you $500 a month to put towards your debt, what's the best way to use it? Should you chisel away at the debts with highest interest rate? Or knock off the smaller ones first? The answer might surprise you.

One Third Of Canadians Feel Financially Insecure

Kevin Press | Posted 12.22.2016 | Canada Business
Kevin Press

Money worries exist across income levels, and across the country. A new study fielded by Ipsos has found that three in 10 Canadians say they feel insecure about their financial health, defined as "a state of overall well-being where a person can fully meet current and future financial obligations to enjoy the things that matter most in life."

Don't Leave Free Money On The Table

Laura Plant | Posted 12.21.2016 | Canada Business
Laura Plant

From the students I've talked to, many think that scholarship and bursaries are only available to top grade earners, but the truth is -- that there are many options available for students across every discipline of study, diverse background and level of study. The catch to getting this free money?

Learn From 2016: Improve Your Personal Cash Flow In 2017

Anita Saulite | Posted 12.12.2016 | Canada
Anita Saulite

Let's be honest: when it comes to personal finances, 2016 was a really bumpy year for many people. As the year comes to a close, it might be a good ti...

Bringing Mindfulness To Your Money

Laura Plant | Posted 12.08.2016 | Canada
Laura Plant

I did not start out as a budgeting super star. I made lots of mistakes along the way. But once I got the hang of it, I was hooked. I loved the process...

'Canada's Rosa Parks' Unveiled As 1st Canadian Woman On A Banknote

CP | The Canadian Press | Posted 12.08.2016 | Canada Business

"She represents courage, strength and determination."

Financial Literacy Tips For Every Age

Jennifer Tory | Posted 11.29.2016 | Canada Business
Jennifer Tory

As we near the end of Financial Literacy Month, it's a good time to remind us all that financial literacy is something that should be an ongoing journey of learning and practice. Taking charge of one's financial future is a continual process, not a one-and-done task.

Black Friday Battalion: Tips For A Successful Shopping Weekend

David Lester | Posted 11.25.2016 | Canada Living
David Lester

This year and I've been practicing at my local mall to dodge shoppers, throw products into my cart from across a packed isle and get the best deals possible! I love me a deal, and I wanted to share with you all of my tips and tricks on getting the best item for the best price.

The Businesses Behind The Best Entrepreneurs Of ‘Dragons' Den'

Posted 11.21.2016 | Canada Living

The businesses behind the best entrepreneurs of 'Dragons' Den

How To Save Money At Home Without Sacrificing Style

Colin & Justin | Posted 11.07.2016 | Canada Living
Colin & Justin

Ever sensitive to finance, we thought we'd touch, today, upon ways in which to conserve dollars around the home. Call us "frugalistas," tight wads or simply canny Scottish gents, but be assured: wherever possible, we won't overspend.

Everything You Want, Comes With A Price Tag

Rhonda Scharf | Posted 10.05.2016 | Canada Living
Rhonda Scharf

We live in a society that always wants more. A better job, a nicer car, a bigger house, a bigger paycheque, a great title, and so on. However, each of these wants comes with a price.

How To Expect The Unexpected When The Little Things Add Up

Laura Plant | Posted 09.29.2016 | Canada Living
Laura Plant

Life as a student can be challenging, fun and full of the unexpected. While a life spent living on the edge might make for some great stories upon graduation, when it comes to your budget, limiting the unexpected will give you more peace of mind.

5 Things Wells Fargo Can Do To Repair Their Image

David Lester | Posted 09.19.2016 | Canada Business
David Lester

How can a company recover after being fined $185MM by the CFPB? Here's how.

How To Know Renovating Your Home Is A Better Option Than Moving

Posted 09.19.2016 | Canada Living

Is it better to sell or should your renovate? The answers here. From the AOL Partner Studio

5 Money Tips For Social People

David Lester | Posted 08.31.2016 | Canada Living
David Lester

The expectation is that social people will be the ones with zero savings, loads of debt on BMWs and flashy condos that are rented. None of that has to be true! Buying trendy lofts in the "up and coming" areas of the city, budgeting for partying, automating RRSP contributions, and using your ah-mazing charm and whit can get you ahead in a lucrative career. Popular people can be financially savvy too!

So Much For Being Superstitious

Fransi Weinstein | Posted 08.25.2016 | Canada
Fransi Weinstein

My palm was so itchy this morning it woke me up. I looked to see if I had a rash or dry skin. Nope. Well, I thought to myself: "I guess that means ...

4 Tips To Help Students Achieve Their Financial Goals

Laura Plant | Posted 08.03.2016 | Canada Business
Laura Plant

Great Expectations is more than just a book on an English lit syllabus -- it is what most first-year post-secondary students start out with. I know I did. I went into Life Sciences, thinking I'd become a doctor. I had it all mapped out from start to finish, and figured it was a relatively straightforward process to get from A to B. Wrong!

A Letter To My Younger Self

Cindy Crean | Posted 07.19.2016 | Canada
Cindy Crean

Close to 42 per cent of investors believe the Canadian economy will enter into a recession in 2016, according to the Market Sentiment Report by Sun Li...

Summer Jobs Build Money Smarts

Cairine Wilson, CPA Canada | Posted 07.14.2016 | Canada Parents
Cairine Wilson, CPA Canada

That initial job can also serve as an ideal springboard to talk money management with your kids and help strengthen their financial knowledge.

6 Reasons It's Important To Both Save And Invest

Posted 07.12.2016 | Canada Business

We list six reasons why it’s important to both save and maximize your hard-earned dollars.

Opportunities To Save In A Day

Posted 07.04.2016 | Canada Living

It may seem like you can’t afford to save, but there are daily opportunities to be frugal.

Saving And Investing: Which One Do I Choose?

Posted 06.27.2016 | Canada Living

There are many ways to save and invest, and both are important to your financial well-being.

Hey, Big Spender (You're Kind Of A Douchebag)

Mike Sholars | Posted 06.23.2016 | Canada Living
Mike Sholars

We live in a world where those with various forms of privilege -- gender, racial or monetary -- are dunking on the rest of us all the time. There's no corner of society where those who were lucky enough to be born into a good situation (and let's be real: it's a luck thing) don't reap the benefits. But we try our best to push on and get what we can in our own way. It's life as we know it. Until some guy gets a feature article in reputable magazine in the biggest city in the country just to tell boring-ass stories about how great it is to be rich, and how we should all try it sometime.

Are You Financially Prepared To Weather A Natural Disaster?

Brian Gervais | Posted 06.22.2016 | Canada Business
Brian Gervais

When disaster strikes, the costs -- both emotionally and financially -- can be significant. While it's impossible to predict when and where the next emergency scenario or disaster may strike, the principles of preparedness remain the same.