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MONEY:: You and Your Money is a registered trademark. At money.ca, you'll find everything you need to know about managing your finances during the key phases of your life. Our timely MONEY Newsletter keeps you updated with the latest insights. MONEY Magazine is published quarterly, featuring essential news and articles that benefit both new Canadians and longtime citizens looking to save, earn, and protect their hard-earned money. The MONEY Book combines essential education and data to narrate your financial journey. It includes interactive materials that help you create a personalized financial plan. In the final chapter, we offer a personal consultation and key recommendations for effective ongoing financial planning and discipline.

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Exercising demons and trying to find love: How two Ontario men lost more than $150,000 to psychics. Here’s what happened and how you can avoid falling victim

2 days ago | money.ca | Brett Surbey

Psychic scams continue A man from Scarborough, Ontario, told CTV News he gave $75,000 to three different psychics in order to find love. Asked to be called Ray, the man stated he sought out a psychic to see if a woman he met online would be a good fit for him. ““He was telling me ‘The girl likes you very much,’” Ray said in an interview with CTV. The psychic further claimed that he could make the woman become madly in love with him for $12,000.
What Toronto’s Wealthy Know That You Don’t

5 days ago | money.ca | Leslie Kennedy

Personal shoppers and key access groceries According to Redditor u/Fun-Ad-5079, the wealthy don’t just buy luxury, they often delegate the entire experience.
Is Now the Right Time to Buy Real Estate in Canada? Redditors Weigh In

6 days ago | money.ca | Leslie Kennedy

Waiting it out: “I just can’t justify the trade” For some, the math simply doesn’t work right now. “I just can’t justify trading my $2,000/month rent for a $4,000/month mortgage,” wrote u/Hello_itsme-. “I do want to enter the market, but I want to be financially responsible about it. Meanwhile, I’m putting the extra $2K in investments.” This sentiment is grounded in reality.
Newcomer Alleges $500K Scam in Yukon Immigration Nightmare

1 week ago | money.ca | Leslie Kennedy

Allegations suggest pattern of exploitation Jimmy Burg, a Vancouver-based lawyer representing both Lee and Zhang, suggested in a statement that the two cases may point to a troubling trend. “These actions suggest a potential pattern,” Burg wrote in an email to CBC News.
12 Belly-Busting New Calgary Stampede Midway Foods You’ve Got To Try

1 week ago | money.ca | Leslie Kennedy

1. Skittle dog Think a classic corn dog just got hit with a sugar tornado. This colourful treat takes your standard battered hot dog and wraps it in a crunchy shell made of Skittles. Sweet, tangy and maybe just a little bit weird, the Skittle dog is a wild ride for your taste buds that’s part carnival fun, part candy crush. Perfect for anyone who’s ever wondered what it’d be like if dessert and dinner had a quirky lovechild. 2. Fruit Loops chicken burger This burger breaks all the rules.
Taylor Swift's victory in reclaiming her masters offers a blueprint for protecting intellectual property

1 week ago | money.ca | Leslie Kennedy

The backstory: when Taylor Swift lost control of her work By 2019, Swift was already one of the most successful artists on the planet. She had millions of fans, record-breaking albums and global tours under her belt. But what she didn’t have was ownership of the work that made her famous. That year, her former label Big Machine Records was sold to Scooter Braun’s Ithaca Holdings.
Airlines Cut Over 20 Canada-U.S. Routes as Political Tensions Rise and Demand Falls

1 week ago | money.ca | Leslie Kennedy

A political chill takes flight For decades, travel between Canada and the U.S. has been as natural as maple syrup on pancakes — routine, friendly and frequent. But in 2025, that relationship feels different. Trade tensions have escalated. Washington’s new tariff rules, border security crackdowns and rhetoric surrounding “America First” policies and Canada becoming the 51st State, have strained the once-easy back-and-forth.
Winnipeg Lottery Lawsuit a Financial Wake-Up Call for Canadian Couples

1 week ago | money.ca | Leslie Kennedy

A Winnipeg man’s $5 million lottery win has turned into a legal saga after his former partner claimed the winnings and allegedly cut off all contact. The case, now before Manitoba’s Court of King’s Bench, offers a stark lesson about the financial risks of informal arrangements in personal relationships. Lawrence Campbell alleges he purchased the Lotto 6/49 ticket on January 19, 2024, and gave it to his then-girlfriend, Krystal McKay, to hold because he had lost his wallet.
Ottawa Revives Electric Vehicle Incentives

1 week ago | money.ca | Leslie Kennedy

Incentives return amid rising EV popularity The move comes after the federal incentive program was paused earlier this year, sparking concerns from both industry experts and consumers alike. According to Transport Canada, electric vehicle sales in Canada surged by over 55% in 2024 compared to the previous year, demonstrating a growing appetite for clean vehicles despite their higher upfront costs relative to traditional gas-powered cars.
Canadians need to pay $150 or more in exit fees just to leave their bank — TD Bank is the latest to hike transfer-out fees

1 week ago | money.ca | Romana King

Why increasing RRSP transfer-out fees makes no sense Service fees and financial advice costs will increase over time — to reflect the higher cost of goods and service; however, transfer-out fees are not service fees. These are exit fees; charges triggered solely when someone decides to leave a financial institution. In a world where most financial transactions are now automated, secure and nearly instantaneous, the hike in fees appears out of step.