consumer finance tips Archives - Mortgage Rates & Mortgage Broker News in Canada

Véronique Lalonde, partner and licensed insolvency trustee at Montreal-based Raymond Chabot

If spiralling debt has you on the brink, a consumer proposal may be the right move

May 21, 2025 No Comments

Getting trapped in a perpetual cycle of debt with seemingly no way out is one of the most stressful situations life can throw at you. For anyone looking for a way forward, experts say a consumer proposal can break the chain without the need for a bankruptcy filing.

Wild market swings make planning and safe havens important for investors

May 2, 2025 No Comments

Stock markets have taken a wild ride in recent weeks as U.S. President Donald Trump’s on-again, off-again tariffs have created massive uncertainty for companies and the economy at large.

Matthew Kempton, portfolio manager at Verecan Capital Management

Anxious about the cost of having kids? Don’t get discouraged, experts say

April 29, 2025 No Comments

The average cost of raising children is nearing $300,000, according to Statistics Canada — and that’s only up until 17 years old. Post-secondary education is not included, and how many 17 year olds are fully self-supporting?

A person walks past the TMX Market Centre in Toronto

Amid market turbulence, money managers lean on defensive bets

April 23, 2025 No Comments

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.

Have a side hustle? Here’s what you need to know as tax filing deadlines draw near

April 17, 2025 No Comments

You could be selling your art on Etsy or delivering late-night orders for Uber Eats. Maybe you dog-sit on weekends for out-of-town pet owners, or tutor kids who need help with their homework after school.

For young investors looking for bond exposure, it’s best to keep it simple: experts

April 11, 2025 No Comments

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.

Can’t pay your tax bill? File your return on time and don’t panic, experts say

April 10, 2025 No Comments

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.

Sticking with a retirement investing plan during times of volatility

April 8, 2025 No Comments

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.

Tariffs are sending markets on a wild ride. Here’s advice for young investors

March 25, 2025 No Comments

Wild swings in the stock market can be difficult to stomach for many investors, let alone young Canadians who are just starting their investing journey.

Cindy Marques, certified financial planner,

Living paycheque to paycheque? Here’s how to break the cycle

March 14, 2025 No Comments

It can be a common misconception: living paycheque to paycheque only happens to those that earn a low income. But that’s not always the case.

consumer finance tips