Canadian Debt Loads Hit Record High Amid Financial Distress
New data reveals Canadians in financial distress are accumulating record debt levels, with insolvent individuals averaging 10.5 creditors and 4.9 payday loans as credit card balances surge.
New data reveals Canadians in financial distress are accumulating record debt levels, with insolvent individuals averaging 10.5 creditors and 4.9 payday loans as credit card balances surge.
A Calgary man is celebrating a life-changing $1 million win from the Lotto 6-49 Gold Ball draw, with immediate plans for a family vacation to Italy's capital.
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Discover heartfelt Valentine's Day gift ideas for 2026, including cozy pillows, romantic candles, and high-end kitchenware. Perfect for showing love with unique presents.
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RecommendedA new report reveals over 9 million Canadian workers lack workplace pension plans, creating a growing retirement security gap between public and private sector employees.
A new RBC poll highlights the severe affordability challenges facing younger residents in Ontario, with many questioning their long-term financial security amid rising costs.
Canadian financial experts share practical strategies for optimizing TFSA and RRSP contributions, emphasizing early investing and compound interest for long-term wealth accumulation.
Shane Scott from Capreol, Greater Sudbury, claims a $50,000 prize on an Instant 25 Days to Win lottery ticket, celebrating a mid-winter windfall.
The Toronto Sun announces a promotional contest offering four $500 prizes to Ontario residents who read articles on their website daily from February 9 to March 8, 2026.
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RecommendedA new survey reveals that most Canadian homeowners wish they could pay others for chores like cleaning and yard work, citing time, stress, and work-life balance as key reasons.
A guide to understanding when gifts, lottery winnings, and bursaries may not be taxable in Canada, with insights on CRA rules and financial planning tips.
A new report highlights the financial strain of breakups in Canada, where high costs and housing shortages make moving out a significant barrier to ending relationships.
A comprehensive guide to Registered Retirement Savings Plans and Tax-Free Savings Accounts, covering eligibility, contribution limits, tax treatment, and key differences for effective financial planning.
Financial expert Dale Jackson explains why a Tax-Free Savings Account could offer greater long-term benefits than an RRSP for many Canadians during this contribution season.
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RecommendedAn Ontario woman expresses deep concern over potentially losing $150,000 invested in private lending, as experts warn of high risks in this unregulated financial sector.
An Ontario widower with three children and a mortgage seeks advice on using TFSAs to support his kids financially without compromising his own retirement security.
Doreen and Albert Drouillard of Windsor are celebrating a $1 million Maxmillions win from the December 2025 Lotto Max draw, bringing unexpected joy to their retirement years.
Doreen and Albert Drouillard of Windsor have become millionaires after winning a Maxmillions Lotto Max prize. The couple discovered their win on Christmas Day at a local convenience store.
A Cambridge man, Thomas Lawlor-Ryan, has claimed a $100,000 prize from the Ontario Lottery and Gaming Corporation's Encore draw, adding to the region's recent lottery success stories.
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Financial experts explain how to strategically allocate growth stocks, dividend-paying U.S. stocks, and structured notes between TFSAs and RRSPs to maximize tax benefits during market turbulence.
A detailed analysis comparing the financial consequences of quiet quitting versus outright resignation for Canadian workers, exploring income, career trajectory, and long-term stability.
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The Prince Albert Salvation Army has initiated a Plates of Hope fundraiser, raising over $18,000 toward a $250,000 goal to recover from a building fire.
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RecommendedApril Steele, a snowbird from Montreal's South Shore, has started a campaign to support Muriel Ann Connick, a 92-year-old Florida woman, so she can finally stop working.
Steve Zomers from Eganville, Ontario, has claimed a $1 million prize from the Lotto 6/49 lottery, as announced by the Ontario Lottery and Gaming Corporation.
A new TD survey reveals Canadians are scaling back on dating frequency and opting for more affordable activities due to financial concerns, reflecting broader economic caution.
David Chilton, author of The Wealthy Barber, discusses updating his personal finance classic to address current issues like unaffordable housing and rising living costs.
A new survey reveals nearly 70% of Canadians believe saving for retirement is more difficult than for their parents, with millennials most affected by debt and economic pressures.
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