Personal Finance

A survey from insolvency firm MNP Ltd. suggests Canadians’ outlook for their personal finances has brightened even as they’ve taken steps to cut their expenses amid economic turmoil.

Canada’s highest income households saw investment growth, while lower income households’ wages dropped at the end of last year.

Faced with the extreme market turbulence of the past week, money managers are staying the course and relying on their long-term investment strategies while also looking for opportunities amid the panic.

For many Canadians, filing their taxes often means a refund, but for some, tax time can mean a bill that’s unexpected or more than anticipated.

For young investors who are building the fixed-income portion of their portfolio, it’s best they keep their approach simple and go for low-cost investment options, experts say.

Three days of wild market volatility sparked by U.S. tariffs is enough to cause any investor stress, but for those in retirement, the plunge can be extra difficult.

Melanie McGovern was scrolling through her Instagram feed in February 2024 when she saw her 16-year-old niece had sent her a message.

Experts agree shoppers should evaluate how much they can comfortably spend and then think about how staunch they want to be about shopping Canadian.

A recent study suggests women experience a significant fall in earnings in the years following a menopause diagnosis, with more women stopping work and others working fewer hours.

Being fashionable doesn’t have to break the bank. Personal finance contributor Christopher Liew says with the right shopping strategies, you can buy your favourite brands and styles for a fraction of the cost, and with the right care, your wardrobe can stand the test of time.

It can be a smart money-saving move to buy a used vehicle instead of a new one. The average price gap is more than US$20,000, according to Edmunds.

Canadians can expect to feel the absence of the consumer carbon price at the pumps immediately but it may take longer to notice a difference in the price of other goods, a new report released Wednesday suggests.

The COVID-19 pandemic prompted many Canadians to turn to grocery e-commerce for the first time, as the weekly grocery shop became a source of fear and stress amid society’s widespread shutdown.

Having an investment portfolio chock full of dividend-paying stocks can provide an income boost, but experts say it’s possible to have too much of a good thing.

Mark Carney’s victory in the Liberal leadership race puts the final nail in the coffin of Ottawa’s controversial plan to hike the inclusion rate on capital gains.