Money

From the top stock and ETF picks to the latest money saving tips, our team cuts through the sales pitches of the big banks to find you the best credit cards, banks, mortgages and money saving apps to help you reduce debt, save money and invest in your future.

What is a Routing Number in Canada? Where to find it

In Canada, the routing number for electronic fund transfers (EFT) such as direct deposit from employers, pre-authorized debit (PAD), bill payments, and wire transfers is made up of a leading zero, followed by your 3 digit institution number and 5 digit transit number.

Second Mortgages Explained – Amounts, Rates and More

A second mortgage is an additional home loan you take out while the original mortgage is still in place that lets you access the equity you have built up in your home and use it for other projects or financial purposes such as debt consolidation.

Canadian Mortgage Stress Test Explained

Ensures that all homeowners with high-ratio or uninsured mortgages are to afford their mortgage payments in the event their financial circumstances worsen or interest rates increase. This means mortgages are harder to qualify for, but it also provides security for homeowners.

Mortgage Renewal Process in Canada – Step by Step Guide

If your mortgage is up for renewal soon, now is a great time to relearn all those mortgage terms you forgot about after you signed the papers, and hopefully even negotiate a mortgage that will be better suited to your financial needs and goals.

10 Best Personal Finance Books Every Canadian Should Read

The best way to reduce your money stress and take control of your finances is to read. There are hundreds of personal finance books available — some are good, and some are bad. We’ve compiled the best personal finance books below.