Jaclyn Law

Toronto

Managing Editor at MoneySense

Managing editor @MoneySense 💰 (she/her)

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Articles

How to set up CRA direct deposit

3 weeks ago | moneysense.ca | Jaclyn Law

What is CRA direct deposit? Canada’s tax agency offers CRA direct deposit to deposit funds directly into your bank account or credit union account. The benefits for you: CRA direct deposit is fast, reliable and secure. It’s also a big time-saver—no more paper cheques to deposit (or chase down, if they get lost in the mail). Most Canadian taxpayers already use CRA direct deposit. If you don’t, read on for details of how to set it up. Which payments can I receive with CRA direct deposit?
What is landlord insurance?

3 weeks ago | moneysense.ca | Jaclyn Law

Landlord insurance vs. home insuranceHome insurance protects a home owner, and landlord insurance protects the landlord. While that may seem intuitive enough, it can get more complicated if you rent part of your home or another home. Get personalized quotes from Canada's top home insurance providers.*You will be leaving MoneySense. Just close the tab to return. Does your home insurance cover you if you rent out part of your home?
Designing women: Bollywed’s Chandni Singh and Roop Singh

3 weeks ago | moneysense.ca | Jaclyn Law

The show follows the challenges and rewards of running (and expanding) an intergenerational business. It also offers a peek into the joyful and glamorous world of South Asian weddings. In season three, the Singhs embark on a life-changing trip to India—where the family and their business have deep roota—with plenty of surprises along the way. When Bollywed premiered on CBC back in 2023, Kuki and Chandan answered our My MoneySense questionnaire.
Canadian Dental Care Plan news: Coverage expanding on May 1

1 month ago | moneysense.ca | Jaclyn Law

Here’s when you can apply for the CDCP, if you’re between 18 and 64 years old:The CDCP is already accepting applications from the following groups, for the coverage period ending on June 30, 2025:Adults aged 65 or olderAdults with a valid disability tax credit certificate for 2023Children under age 18You can apply for the Canadian Dental Care Plan online. For the current coverage period, you will need to have filed your 2023 income tax return and received your notice of assessment (NOA).
Canadian Dental Care Plan news: Coverage expanding on May 1

1 month ago | dental.einnews.com | Jaclyn Law

Here’s when you can apply for the CDCP, if you’re between 18 and 64 years old:The CDCP is already accepting applications from the following groups, for the coverage period ending on June 30, 2025:Adults aged 65 or olderAdults with a valid disability tax credit certificate for 2023Children under age 18You can apply for the Canadian Dental Care Plan online. For the current coverage period, you will need to have filed your 2023 income tax return and received your notice of assessment (NOA).
Marriott Bonvoy offers Beyoncé fans exclusive perks for Cowboy Carter Tour

2 months ago | moneysense.ca | Jaclyn Law

Find the perfect card with CardFinder In under 60 seconds, get matched with a personalized list of the best credit cards based on your spending personality and approval likelihood. No SIN required. Experiences, contests and more Cowboy Carter perksOn April 2, Marriott Bonvoy—the travel platform of hotel and resort brand Marriott International—announced that it is the Cowboy Carter Tour’s official hotel partner.
How Canadians are responding to tariff threats and price hikes

2 months ago | moneysense.ca | Jaclyn Law

News Canadian shoppers and brands are going “elbows up” to promote home-grown products. Here’s a sampling of what’s going on across the country. Ever since the U.S. government began threatening to impose tariffs on products from Canada—America’s largest trading partner—Canadians have responded with indignation, defiance and resourcefulness. Federal and provincial leaders have been quick to deploy counter-tariffs and yank American goods from store shelves.
Are you missing out on RRSP matching and more?

Feb 27, 2025 | moneysense.ca | Jaclyn Law

RRSPs Sponsored By Wealthsimple Canadians can take advantage of RRSP matching and other incentives for their retirement savings—including Wealthsimple’s largest match offer to date. A registered retirement savings plan (RRSP) is a powerful retirement savings tool, yet many Canadians aren’t getting its full benefits. A lot of us are also missing out on RRSP matching and other incentives—essentially, free money—that could go a long way to funding a more comfortable retirement.
What is the TFSA contribution limit in 2025?

Feb 11, 2025 | moneysense.ca | Jaclyn Law

TFSAs Each Jan. 1, Canadians get fresh contribution room in their tax-free savings accounts. Find out this year’s contribution limit, the overall limit and more. The tax-free savings account (TFSA) is one of the best ways for Canadians to grow their money. This registered account (meaning that it’s registered with the federal government) offers tax-free growth and tax-free withdrawals—a one-two punch that no other Canadian registered account offers.
What is the RRSP contribution deadline in 2025?

Feb 5, 2025 | moneysense.ca | Jaclyn Law

If you’re opening an RRSP for the first time, consider the pros and cons of different accounts to understand what suits you best. For example, some accounts pay interest on deposits or offer guaranteed investment certificates (GICs), while others allow you to invest in other financial instruments like stocks or bonds—more on that later in the article. What are your 2024 and 2025 RRSP contribution limits?