RETIREMENT PLANNINGSubTitle

Retirement Planning

Maximizing Your 401(k): Tips for Long-Term Growth

A 401(k) is one of the most powerful tools for building wealth and securing your financial future. However, simply contributing isn’t
Retirement Planning

Retirement Planning 101: Building Wealth for Your Golden Years

Retirement may seem like a distant reality, but the earlier you start planning, the more secure and comfortable your golden years

Module 1SubTitle

Real State Finance

Do you need long-term care insurance?

No offence to any of us but, as a country, we’re getting old. The average age of a Canadian in 2024 was
Insurance

How much income do you need to buy a home in Canada? A look at housing affordability in June 2025

Mortgage rates continue to tick higher, and the impact is being felt in housing markets across Canada, according to the latest

Ask MoneySense
I have a GIC and wondered what if I take out $50,000, how much income tax will I be paying?

My financial advisor is not very helpful.

–Louise

There are tax considerations when you own investments. There may be tax owing when you sell investments. And different investment accounts have different tax implications when you take withdrawals.

Asking your financial advisor about taxes

I am sorry to hear your advisor has not been helpful, Louise. The financial industry has made it confusing for consumers, and most financial advisors do not really.

MUTUAL FUNDSubTitle

Insurance

How much income do you need to buy a home in Canada? A look at housing affordability in June 2025

Mortgage rates continue to tick higher, and the impact is being felt in housing markets across Canada, according to the latest
Insurance

If you’re going on vacation, don’t forget travel health insurance

You’ve packed your clothes, toothbrush, extra pairs of socks, sunscreen—and anything else you might need during your vacation. Experts recommend adding

Module 1SubTitle

Real State Finance

Do you need long-term care insurance?

No offence to any of us but, as a country, we’re getting old. The average age of a Canadian in 2024 was 41.6 years, according
Insurance

How much income do you need to buy a home in Canada? A look at housing affordability in June 2025

Mortgage rates continue to tick higher, and the impact is being felt in housing markets across Canada, according to the latest affordability data from

Trending News

Latest financial updates, market trends, and investment insight, stay ahead of the curve

Module SubTitle

By / on Jun 6, 2025

When my family and I moved to Canada in 2019, we thought we had a solid plan. My wife, born and raised in Ottawa, was returning.

Module SubTitle

By / on Aug 9, 2025

No offence to any of us but, as a country, we’re getting old. The average age of a Canadian in 2024 was 41.6 years, according to Statistics Canada, and by 2030, one.

World Report

Global Financial Headlines – Key Market Trends & Economic Updates.

CRYPTOSubTitle

Crypto

Blockchain Real Estate Solutions: Revolutionizing Property Transactions

The real estate industry, known for its paperwork-heavy processes and slow transaction timelines, is undergoing

INVESTINGSubTitle

Investing

Stocks vs. Bonds: Which Investment Strategy Suits You?

When it comes to investing, two of the most common choices are stocks and bonds.

INSURANCESubTitle

Insurance

How much income do you need to buy a home in Canada? A look at housing affordability in June 2025

Mortgage rates continue to tick higher, and the impact is being felt in housing markets

TAX PLANNINGSubTitle

Tax Planning

Crack The Code to Financial Freedom: NPS and PPF Demystified!

Financial freedom requires planning and patience. This is the first piece of a series of

No offence to any of us but, as a country, we’re getting old. The average age of a Canadian in 2024 was 41.6 years, according to Statistics Canada, and by 2030, one in four Canadians will be 65 or older. 

That means there’s a growing demand for health services and long-term care solutions, according to the National Institute on Ageing. The cost of a space in a long-term care (LTC) home starts at $2,000 a month for basic costs and can run up to $15,000.

PERSONAL FINANCESUBTITLE

Personal Finance

How to Balance Saving and Investing for Maximum Growth

Finding the right balance between saving and investing is crucial for building long-term wealth while maintaining financial
Personal Finance

Personal Finance 101: The Basics of Managing Your Money

Managing your money effectively can feel overwhelming at first, but mastering the basics is simpler than you

REAL STATE FINANCESubTitle

Real State Finance

Do you need long-term care insurance?

No offence to any of us but, as a country, we’re getting old. The average age of a
Real State Finance

How can couples avoid capital gains tax on property in Canada?

Ask MoneySense My husband has a rental property in his name only. It was our primary residence
Real State Finance

Tax implications of giving your spouse money to invest

Ask MoneySense You wrote about money that is gifted to a spouse. If that money is used
Personal Finance

How to Balance Saving and Investing for Maximum Growth

Finding the right balance between saving and investing is crucial for building long-term wealth while
Credit and Debt Management

Emergency Fund vs. Debt Payments: Where Should Your Money Go First?

Striking the right balance between savings for emergency and debt repayment can be challenging. While
Real State Finance

Do you need long-term care insurance?

No offence to any of us but, as a country, we’re getting old. The average age

FINANCEHot News

Real State Finance

Do you need long-term care insurance?

No offence to any of us but, as a country, we’re getting old. The average age of
Insurance

How much income do you need to buy a home in Canada? A look at housing affordability in June 2025

Mortgage rates continue to tick higher, and the impact is being felt in housing markets across
Real State Finance

How can couples avoid capital gains tax on property in Canada?

Ask MoneySense My husband has a rental property in his name only. It was our primary
Real State Finance

Tax implications of giving your spouse money to invest

Ask MoneySense You wrote about money that is gifted to a spouse. If that money is
Insurance

If you’re going on vacation, don’t forget travel health insurance

You’ve packed your clothes, toothbrush, extra pairs of socks, sunscreen—and anything else you might need during

Financial freedom requires planning and patience. This is the first piece of a series of posts on exploring various investment avenues.

As another year comes to an end, it’s important for us to equip you with the best investment ideas. In this series of articles, we’ll discuss the different routes you can take to plan.

FINANCENews

Real State Finance

Do you need long-term care insurance?

No offence to any of us but, as a country, we’re getting old. The average age of
Insurance

How much income do you need to buy a home in Canada? A look at housing affordability in June 2025

Mortgage rates continue to tick higher, and the impact is being felt in housing markets across
Real State Finance

How can couples avoid capital gains tax on property in Canada?

Ask MoneySense My husband has a rental property in his name only. It was our primary
Real State Finance

Tax implications of giving your spouse money to invest

Ask MoneySense You wrote about money that is gifted to a spouse. If that money is
Insurance

If you’re going on vacation, don’t forget travel health insurance

You’ve packed your clothes, toothbrush, extra pairs of socks, sunscreen—and anything else you might need during

Module 1SubTitle

Real State Finance

Do you need long-term care insurance?

No offence to any of us but, as a country, we’re getting old. The average age of a Canadian in 2024 was 41.6 years, according to
Insurance

How much income do you need to buy a home in Canada? A look at housing affordability in June 2025

Mortgage rates continue to tick higher, and the impact is being felt in housing markets across Canada, according to the latest affordability data from Ratehub.ca.
Real State Finance

How can couples avoid capital gains tax on property in Canada?

Ask MoneySense My husband has a rental property in his name only. It was our primary residence for 9 years but we moved out 10
Real State Finance

Tax implications of giving your spouse money to invest

Ask MoneySense You wrote about money that is gifted to a spouse. If that money is used for investing, then the interest may be attributed

investingSubTitle

on Jul 8, 2025
106 views 9 mins

Ask MoneySense
You wrote about money that is gifted to a spouse. If that money is used for investing, then the interest may be attributed back to the spouse giving the cash. Did I get that correct? If so, then is there any way to give your spouse money and whatever they do with it is their responsibility?

–Jim

In some cases, Jim, you can give your spouse money to invest with no adverse tax implications. It is.

If you’re going on vacation, don’t forget travel health insurance

You’ve packed your clothes, toothbrush, extra pairs of socks, sunscreen—and anything else you might need during your vacation. Experts recommend adding travel insurance to the list, whether you’re going near or far.

“We all think, ‘Oh, we’re just going to go away, maybe even for a quick trip,” said Will McAleer, executive director of the Travel Health Insurance Association. “Sometimes, it’s those quick trips that can result in a significant medical emergency.”

Travel insurance is often an afterthought for many travellers counting down the days to their vacation. But life happens no matter where you are and being prepared for a medical emergency, flight delays or even trip cancellations can help deal with those undesired situations.

Younger travellers often skip travel insurance

Often, it can be the demographic of travellers that strongly affects.

Avatar photo Jayden Dakin is a seasoned financial analyst and writer with a deep passion for decoding economic trends and market movements. With a background in financial consulting and investment research, Jayden brings a sharp analytical perspective to complex financial topics, helping readers navigate the intricacies of wealth management, stock market dynamics, and global economic policies. Before joining Financial Magazine, Jayden worked in corporate finance, advising businesses on financial planning, risk management, and capital allocation strategies. With expertise in macroeconomic forecasting and investment strategy, Jayden’s work provides readers with actionable insights on market opportunities, portfolio diversification, and emerging financial innovations. Beyond writing, Jayden enjoys studying behavioral finance, exploring the intersection of economics and technology, and mentoring young investors on building sustainable wealth.

Module 2SubTitle

Real State Finance

Do you need long-term care insurance?

Financial Magazine No offence to any of us but, as a country, we’re getting old. The average age of a Canadian in 2024 was 41.6 years, according to Statistics Canada, and by 2030, one in
Insurance

How much income do you need to buy a home in Canada? A look at housing affordability in June 2025

Financial Magazine Mortgage rates continue to tick higher, and the impact is being felt in housing markets across Canada, according to the latest affordability data from Ratehub.ca. The June edition of the study, which

REPORTRead the Latest

Latest opinion by

Do you need long-term care insurance?

No offence to any of us but, as a country, we’re getting old. The average age of a Canadian in 2024 was 41.6 years, according to Statistics Canada, and by 2030, one in four Canadians will be 65 or older. 

That means there’s a.

Module 7SubTitle

No offence to any of us but, as a country, we’re getting old. The average age of a Canadian in 2024 was 41.6 years, according to Statistics Canada, and by 2030, one in four Canadians will be 65 or older. 

That means there’s a growing demand for health services and long-term care solutions, according to the National.

MARKET MOVERS

Key Financial Events & Economic Trends.

INSURANCESubTitle

Insurance

How much income do you need to buy a home in Canada? A look at housing affordability in June 2025

Financial Magazine Mortgage rates continue to tick higher, and the impact is being felt in
Insurance

If you’re going on vacation, don’t forget travel health insurance

Financial Magazine You’ve packed your clothes, toothbrush, extra pairs of socks, sunscreen—and anything else you

MUTUAL FUNDSubTitle

Real State Finance

How can couples avoid capital gains tax on property in Canada?

Financial Magazine Ask MoneySense My husband has a rental property in his name only. It
Real State Finance

Tax implications of giving your spouse money to invest

Financial Magazine Ask MoneySense You wrote about money that is gifted to a spouse. If

REAL STATE FINANCESubTitle

Real State Finance

How can couples avoid capital gains tax on property in Canada?

Financial Magazine Ask MoneySense My husband has a rental property in his name only. It
Real State Finance

Tax implications of giving your spouse money to invest

Financial Magazine Ask MoneySense You wrote about money that is gifted to a spouse. If

MUTUAL FUNDSubTitle

Real State Finance

How can couples avoid capital gains tax on property in Canada?

Financial Magazine Ask MoneySense My husband has a rental property in his name only. It
Real State Finance

Tax implications of giving your spouse money to invest

Financial Magazine Ask MoneySense You wrote about money that is gifted to a spouse. If