Travellers in Canada are facing another hit to their wallets as WestJet raises checked baggage fees once again—marking the third increase in just three years. The move comes shortly after a similar pricing change by Air Canada, signaling a broader shift across the airline industry. The new fees took effect for bookings made on or Continue reading
Millions of Americans Now Eligible for Canadian Citizenship Under New Rules 2026
A major shift in Canada’s citizenship laws is opening the door for millions of Americans to claim dual citizenship, triggering a surge in applications and renewed interest in cross-border mobility. The updated rules, introduced by the government of Canada, significantly expand eligibility for citizenship by descent, allowing individuals with deeper ancestral ties to qualify—far beyond Continue reading
Retirement Costs Are Rising Fast: How CPP, OAS and Smart Planning Can Help Seniors Stay Ahead
Retirement in Canada is no longer as predictable as it once was. Rising housing costs, healthcare expenses, and everyday inflation are putting pressure on seniors’ finances. Even basic needs like groceries and utilities have become harder to manage on a fixed income. For many retirees, relying on government benefits alone is no longer enough to Continue reading
Canada Lowest Mortgage Rates in 2026: What Borrowers Need to Know Right Now
Mortgage rates across Canada are shifting almost daily, and for borrowers trying to lock in the best deal, timing and preparation matter more than ever. According to the latest market tracking by mortgage strategist Robert McLister, lenders are competing aggressively—but only the most qualified borrowers are securing the lowest advertised rates. Here’s a clear breakdown Continue reading
Garry Marr: Want to Pay More Tax in Canada? Here’s How Some People Are Actually Doing It
In a country where most taxpayers look for ways to reduce their bill, the idea of voluntarily giving extra money to the government sounds unusual. Yet, as highlighted by columnist Garry Marr, there is in fact a mechanism—albeit little known—that allows Canadians to do exactly that. While the concept may seem theoretical, a small number Continue reading
Cross-Border Tax Traps: 5 Costly Canada–U.S. Mistakes That Can Drain Your Wealth
Navigating taxes between Canada and the United States isn’t just complicated—it can be expensive if you get it wrong. For individuals with financial ties across the border, even small missteps can trigger double taxation, penalties, or missed opportunities to save. Here’s a closer look at five of the most common Canada–U.S. tax planning mistakes—and how Continue reading
Inside Canada Mortgage Machine: How Big Banks Minimized Risk While Maximizing Profit
For years, analysts and policymakers have warned that cooling housing markets in provinces like Ontario and British Columbia could trigger significant mortgage losses for Canada’s largest lenders. But recent data shows those fears have not materialized. Instead, the country’s biggest banks have turned residential mortgages into one of the safest and most profitable segments of Continue reading
$1.7 Million or Bust? The Truth About How Much Canadians Really Need to Retire
For many Canadians, retirement planning starts with a shocking figure. A recent survey by Bank of Montreal found that people believe they need around $1.7 million to retire comfortably—up significantly from the previous year. It’s no surprise that more than a third of respondents see this goal as nearly impossible. Big lump-sum numbers can feel Continue reading
Toronto Festival of Beer Collapses as Bankruptcy Leaves Vendors Owed Millions
One of Toronto’s most recognizable summer events has been abruptly cancelled, as the company behind the Toronto Festival of Beer faces bankruptcy—triggering financial fallout that vendors say has left them collectively owed millions. For nearly three decades, the festival has been a staple at the Exhibition Place, drawing crowds, independent brewers, and food vendors from Continue reading
CPP and OAS Payments Set for April 28, 2026 With New Benefit Increases
Canadian retirees can expect their next round of federal pension payments very soon, with both the Canada Pension Plan and Old Age Security scheduled to be deposited on April 28, 2026. This payment date applies across the country, including retirees in Ontario, and comes with updated benefit amounts that could slightly boost monthly income for Continue reading