LowestRates.ca

LowestRates.ca is a financial technology company that started in 2012 and is located in Toronto, Ontario. We provide a free and unbiased platform that enables users to save both time and money by comparing various options for insurance, credit cards, mortgages, and loans from top financial institutions across North America.

Consumer

English

Blog

Outlet metrics

Domain Authority

Ranking

Global

#183342

Canada

#5434

Finance/Insurance

#27

Traffic sources

Monthly visitors

Articles

With prices dropping, is this a good time to buy a condo in Toronto?

3 weeks ago | lowestrates.ca | Sandra MacGregor

Declining demand, changes in immigration and shifting economic conditions have taken their toll on the Canadian condo market. But as interest rates continue to drop and property values have adjusted, potential condo buyers are asking themselves: do I make the most of current market opportunities and buy - or do I hang tight and see what develops?
Larger homes are top moving motivator amid economic uncertainty: Survey

1 month ago | lowestrates.ca | Arshi Hossain

KEY FINDINGS39% of movers in the past two years upsized their homes, a 6.6% increase from 2024. Among planned movers, 25% also aim to upsize. Relocations for lifestyle reasons dropped to 12% for recent movers and 16% for planned movers, while job-related moves remain low at 8% and 5%. 61% of movers stayed in their city, and 31% relocated within the same province, marking a 3% increase from last year.
Think you’re safe? What every Canadian needs to know about impaired driving

1 month ago | lowestrates.ca | Sandra MacGregor

Every day in Canada, over 200 people are charged with impaired driving, highlighting how significant and ongoing this preventable issue is. In 2021 alone, a Canada-wide report from MADD revealed 78,480 charges and short-term suspensions for impaired driving, including both alcohol and drug-related offenses. This equates to 206 charges per 100,000 Canadians. Recent data also suggests impaired driving may even be on the rise.
3 things you should always tell your landlord and insurance company

1 month ago | lowestrates.ca | Arshi Hossain

As a renter, apart from paying your rent on time, what’s equally important is maintaining open communication with your landlord about any significant changes or issues during your tenancy. Clear communication is key to fostering a positive landlord-tenant relationship and ensuring a smooth rental experience. By keeping your landlord in the loop, you can avoid misunderstandings and prevent potential legal or financial complications—because no one wants to deal with those.
Why tariffs will make your home and auto insurance more expensive

1 month ago | lowestrates.ca | Jessica Wei

With across-the-board tariffs on all imported goods into the U.S (and reciprocal tariffs on American goods enter Canada) underway, many Canadian consumers are left in a fog of uncertainty. On the consumer level, tariffs add inflationary pressures on the cost of household goods, which make previously affordable items much more expensive.
Should you pick a demo car over a new one at the dealership?

2 months ago | lowestrates.ca | Sandra MacGregor

For many Canadians, a car is one of the most expensive purchases they’ll ever make, so it’s natural to want to cut costs here and there. One of the most overlooked things you can do to make your next vehicle purchase more affordable – without sacrificing safety or personal needs – is to buy a demo car. This article will look at the possible benefits and drawbacks of buying a demo car so you can decide whether it’s worth test driving your next car all the way off the lot and into your driveway.
What do decreasing rents mean for landlords and tenants?

2 months ago | lowestrates.ca | Sandra MacGregor

It’s rare to hear good news about housing costs in Canada but recent reports suggest that there’s been a noteworthy shift in the country’s rental market, with rents decreasing in urban centers like Toronto, Vancouver, Montreal and Calgary. This trend is the first decrease in years, but will it be long lasting and significant enough to ease pressure on the housing market in some of Canada’s major cities? This article will examine the trend and consider how it could impact landlords and tenants.
How to cancel your home insurance in Canada

2 months ago | lowestrates.ca | Sandra MacGregor

If looking for a better rate, aren’t happy with your provider or are moving to a new home, you may be considering canceling your home insurance policy. This article will examine the best time to cancel, the standard steps to end a policy and various considerations to keep in mind when canceling your home insurance coverage. Why might you want to cancel your home insurance policy? Canceling your home insurance policy isn’t a decision you want to take lightly.
How could President Trump's announced tariffs impact Canadians?

2 months ago | lowestrates.ca | Leah Golob

Canada is bracing for potential economic disruption as Donald Trump begins his presidency for the second time. On November 25, 2024, President Trump announced on social media that, as one of his first executive orders on January 20, 2025, he plans to impose a 25% tariff on all products imported into the United States from Canada, Mexico and other countries. On inauguration day, the goal post was moved to February 1st.
6 common dashboard symbols – what do they mean?

Jan 22, 2025 | lowestrates.ca | Martin Dasko

This article has been updated from a previous version. Every single person reading this has stressed out at some point when a random dashboard symbol turned on while cruising down the street. Misunderstanding a dashboard symbol cost me thousands of dollars about five years back. My engine was too hot, and I kept on going. I ignored the light and kept on driving. By the time I brought the car to the mechanic, it was time to replace the engine. I was a fool for ignoring the dashboard symbol.