Holiday spending drives up Canadian household debt
Canadian household debt rises as holiday spending bites. Experts analyze the financial strain and offer tips for managing debt in the new year. Read more.
Category : Search result: household finances
Survey: Majority Now Comfortable Giving Second-Hand Gifts
A new survey reveals a major shift in holiday shopping as financial pressures push Canadians towards second-hand gifts. Discover the data and why younger shoppers are leading the trend.
Canada's Fiscal Deficit Grows 27% in 2025/26
Canada's federal budget deficit for the first seven months of the fiscal year widened sharply to C$18.37 billion, a 27% increase. Explore the details and implications for the economy.
The Impossible Burden of Ethical Holiday Shopping
The pressure to shop ethically this holiday season adds another layer to women's immense mental load. We explore why these demands are unrealistic and what needs to change.
Why Montreal Moms Are Spending Their Own Money This Holiday
A new report reveals Montreal mothers are quietly using personal funds for holiday expenses. Discover expert-backed strategies for fairer family financial planning this season.
Why Canadians Overspend on Holiday Gifts
Explore the psychological and social pressures that drive Canadians to overspend during the holiday season, and discover strategies for more mindful gifting.
How to prepare for your first meeting with a financial planner
A Windsor couple in their 30s with a $130K income prepares to meet a financial planner for the first time. Experts detail the essential documents to bring and key questions to ask to achieve their home-buying goal.
Edmonton policing costs to increase in 2026 due to inflation
Municipal policing expenses in Edmonton are set to climb in 2026, driven by inflationary pressures. Learn how this will impact the city's budget and services.
P.E.I. forecasts $367.4M deficit for 2025-2026
Prince Edward Island's government reports a projected deficit of $367.4 million for the 2025-2026 fiscal year. Explore the details and implications for the province's budget and public services.
SAQ reports $336.5M Q2 net income, down 0.4%
The Société des alcools du Québec reports a slight year-over-year decline in second-quarter net income to $336.5 million. Explore the financial details and context for the provincial crown corporation.
Income of $122,440 needed to buy a home in Ottawa
A new report details the minimum household income required to purchase a home in Ottawa, highlighting the city's affordability challenges. Discover the figures and what they mean for potential buyers.
N.L. Deficit Balloons to $948M, Up 51%
Newfoundland and Labrador's fiscal deficit has surged to $948 million, a 51% increase. Finance Minister Craig Pardy addressed the province's worsening financial outlook in St. John's.
Per-Capita GDP Improves for First Time Since 2022
A key measure of Canadian living standards, per-capita GDP, is set to rise in 2025, ending a three-year decline. RBC economists cite slowing population growth and improving underlying economic conditions.
Food Costs to Rise for Canadian Families in 2026
A new report forecasts increased food spending for the average Canadian family in 2026. Discover the financial impact and how to prepare your household budget.
Food Costs to Rise for Canadian Families in 2026
A new report forecasts increased food spending for the average Canadian family in 2026. Learn about the factors driving this trend and how it impacts household budgets across the country.
Budget 2025 Prompts PBO to Revise Grim Fiscal Forecast
Canada's interim parliamentary budget officer, Jason Jacques, reversed his 'cliff' warning after reviewing Budget 2025, now deeming federal finances sustainable. Read the full analysis.
Ex-Prince Andrew Unlikely to Get Refund for House Move
Former Prince Andrew is reportedly facing a significant financial loss, as he is unlikely to be reimbursed for moving expenses from his former Royal Lodge home. Get the latest details on this royal financial development.
Chatham-Kent Council Recommends 4.63% Tax Hike
Chatham-Kent residents face a proposed 4.63% property tax increase for 2026. Learn how this decision impacts municipal services and your household budget.
Edmonton grapples with $52-million budget hole
Edmonton confronts a $52.3 million structural budget deficit, threatening its financial reserves and city services. Officials warn of potential service cuts and fee increases.
Saskatoon passes 6.7% property tax hike, one of highest
Saskatoon city council has approved one of the highest property tax increases on record at 6.7%. Chamber of Commerce CEO Jason Aebig warns about city's financial challenges.
Canada posts $16.1B deficit in fiscal first half
The Canadian government reported a $16.1 billion budgetary deficit for the April-to-September period amid economic challenges. Get the latest fiscal update and analysis.
B.C.'s $17B financial reversal under Premier Eby
B.C. Finance Minister Brenda Bailey's budget update reveals a dramatic $17 billion turnaround from surplus to deficit under Premier David Eby. Discover how day-to-day spending drives half the debt increase.
B.C. deficit projection lowered to $11.2 billion
British Columbia's financial outlook improves as quarterly tax revenues exceed expectations, reducing the projected deficit. Learn how this impacts provincial services and taxpayers.
Alberta maintains $6.4B deficit forecast in Q2 update
Alberta's budget deficit remains at $6.4 billion according to the second quarter fiscal update. Finance Minister Nate Horner provides insights on provincial finances and economic outlook.
Young Canadians' Wealth Boom Faces Income Crisis
Canadians under 35 doubled their net wealth since 2020, but face the lowest income growth in the nation. Discover the risks to their financial future.
Raccoons Evolving: A Future Household Pet?
New research explores the surprising evolution of raccoons in urban environments. Could this lead to them becoming domesticated pets? Discover the findings.
London Mayor defends 3.4% property tax increase for 2026
London's mayor prepares to defend 3.4% property tax increase approved for 2026 as city faces budget pressures. Get the latest on municipal finances.
SaskPower projects $165M loss, NDP questions province
Saskatchewan's NDP is demanding answers after Crown utility SaskPower projected a $165 million loss. Get the details on the financial concerns and political response.
Saskatchewan projects $427M deficit at mid-year
Saskatchewan's provincial government reveals a $427 million deficit for 2025, citing unexpected wildfire and healthcare expenses. Learn how this impacts the province's financial outlook.
Vancouver approves $2.39B budget, freezes property tax
Vancouver City Council approves a $2.39 billion operating budget for 2026, implementing a property tax freeze and significant cost-saving measures. Discover the details and implications of this major financial shift.
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