You’re in love, and you’re ready to take the plunge into marriage – congratulations! But maybe take a deep breath before diving in. That’s not a comment on your relationship, but an alert that if you’re not fully prepared, you could land in a deep financial hole as you begin your life together.

Divorce is a reality that many couples face, and beyond the emotional challenges, you should also consider the monetary implications and take steps to protect yourself.

Did you know there's a cool new way to help you save for your first home? It can be tough to juggle rent and other expenses while trying to put money aside for a down payment. But don't worry, we’ve got your back with a new government program that came into effect on April 1, 2023.

The Canadian government’s new First Home Savings Account (FHSA) came into effect on April 1, 2023. This new registered savings account allows prospective first-time home buyers to save for a down payment on a tax-free basis. FHSA contributions are tax-deductible (like an RRSP), and qualifying withdrawals to purchase a first home are non-taxable (like a TFSA).

If you’re in the market for a home, don’t leave money on the table when saving for your down payment. We’re sharing the different tools you have available to you as a Canadian first time home buyer to save in the most tax-advantaged way.

The cost of post-secondary education is on the rise. In the last decade (from 2013/14 to 2023/24), the average annual tuition fees for undergraduate degree programs in Canada rose approximately 23%, from an average of $5,767 to $7,076.