Buying a home is one of the biggest financial milestones for young Canadians, and one of the riskiest. For many households, a mortgage becomes the single largest expense they’ll ever take on, often requiring two incomes to keep it manageable. That reality is driving more homeowners to buy life insurance soon after getting the keys. […]
If you’ve been watching used car prices over the past year, you’re probably wondering if they’ll keep accelerating. Before you make a plan to trade in your vehicle or decide how much of a down payment to make, take a moment to anticipate what’s going on in the used car market this year. We spoke […]
Choosing a term life insurance policy is a balancing act: how much coverage do you need, who should benefit, and how long should the policy last? If you’ve ever wondered how your choices compare to other Canadians, PolicyMe’s newly released 2026 study, Canadian Term Life Insurance: A Market Snapshot, provides some answers. The study analyzed […]
Canada’s home insurance safety net is starting to fray at the edges as the costs of extreme weather continue to rise. While competition is still healthy, and the country has so far avoided the coverage deserts growing in the United States, insurers are paring back policies in a variety of ways to adapt. Raising premiums […]
As the U.S. government shutdown leads to thousands of cancelled flights, some Canadian travellers find themselves caught up in the stateside travel chaos. But there’s a chance that even those who bought trip insurance might be left holding the bag. More than 8,300 departures south of the border have been cancelled since Friday, with the […]
The auto insurance world is rife with misconceptions, experts say, and not knowing fact from fiction could end up costing drivers thousands of dollars. There are several reasons why insurance myths exist, said Steven Harris, licensed insurance broker and LowestRates.ca expert. “(Insurance contracts) are written in legal terms and it doesn’t always translate into everyday […]
Life insurance can protect your loved ones financially after you’re gone, but picking the right kind can protect your wallet even when you’re alive. Generally, there are two kinds of life insurance: term life insurance and permanent life insurance. Permanent life insurance provides lifelong coverage, which can come with tax benefits and dividends but has […]
When your budget is tight, it’s only natural to wonder if adding a pet insurance premium to your list of expenses is worth it. While it might make sense for some pet owners, others might do better by focusing on saving for pet expenses with a high-interest yield account. We’ll walk you through the current […]
September is life insurance awareness month, and a new report from digital insurance provider PolicyMe in partnership with Angus Reid is spotlighting a concerning gap in coverage among Canadians. The culprits? Affordability concerns, medical requirements, and mistrust of the insurance industry, according to Unprepared: The 2025 Life Insurance Gap Report. The report sheds light on […]
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 is conducted monthly to record affordability conditions in real time, found conditions eroded in 12 out of 13 major urban centres. The report […]
