According to a 2025 TD survey, 92% of newcomers understood the importance of building credit before arriving in Canada. Yet 82% of those who applied for credit faced immediate barriers. For many, these challenges go beyond inconvenience. They directly affect immigrants’ ability to secure housing, buy a car, start a business, and simply build a … Read more
Accurately estimating the amount of tax you owe on your 2025 earnings starts with understanding the various federal and provincial tax brackets that apply to you. Below you’ll find tables for all the federal, provincial, and territorial tax brackets applicable to your 2025 income. Use them to project your taxes payable (before deductions) by combining … Read more
How are stocks taxed when you inherit them? When a spouse or common law partner is a beneficiary, assets can be transferred to them on a tax deferred basis. So, for this section, we will assume a non-spouse beneficiary. For non-spouse beneficiaries, inheriting stocks usually triggers tax consequences at the estate level, not for the … Read more
Michele Lucato 2nd Sep 2025 We’re giving three lucky readers the chance to win a Doodle Copy Draw & Print Set. the prize Introducing the first product of its kind — a creative doodle pad that lets kids design their own artwork and watch it print out instantly! The Doodle Copy Draw & Print Set (£22.99) … Read more
Last year, Jeff Brown, head of commercial solutions at Equifax Canada, saw a surge in digitally enabled scams in the construction industry. Criminals claiming to be a legitimate contractor would order supplies that could not be easily identified, such as lumber or plumbing parts, for delivery to a supposed job site — only there was … Read more
Saving Money Image Source: pexels.com Have you ever opened a box, tossed the manual aside, and just started putting things together? Or maybe you’ve tried a new financial tool and thought, “I’ll figure it out as I go.” Skipping the manual and winging it might feel like a shortcut, but it can have real consequences—especially … Read more
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. Fall is almost here, and it’s the perfect time to slow down, soak up the crisp air, and make memories with your family. … Read more
The reality is that more and more Canadians are falling behind on credit payments. Thanks to the spike in inflation that occurred after the pandemic lockdowns were lifted, the cost of living across the country has ballooned. And credit card interest rates? They’re sitting at around 20% or more, which means even a small balance … Read more
Michele Lucato 27th Aug 2025 We’re giving one lucky reader the chance to win a pair of Edifier W800BT Pro wireless headphones. the prize Enjoy your music like never before with the Edifier W800BT Pro. These wireless headphones use advanced noise cancellation to block out up to -44dB of background noise, so you can focus … Read more
Moneymagpie Team 1st Sep 2025 Reading Time: 5 minutes Energy costs are set to rise again this autumn, so if you’re struggling to adapt from our summer heatwaves to chillier autumnal weather, we’ve come up with ways to avoid putting the heating on. You can save a lot of cash with a few savvy moves, … Read more
