Latest Articles
Non-Resident Beneficiary in Canada: Life Insurance, RRSP and TFSA Rules
Your beneficiary does not have to live in Canada. How life insurance, an RRSP or RRIF, a TFSA and an inheritance are taxed and paid when they live abroad.
Oct 19, 2026
Life Insurance Policy Loans in Canada: Borrowing Against Cash Value
How a life insurance policy loan works in Canada: borrowing against cash value, partial withdrawals, the automatic premium loan, and when a loan is taxable.
Oct 12, 2026
Retirement Communities in Canada: Types, Costs and How to Choose
Retirement communities in Canada explained: the three levels of seniors' housing, who licenses and inspects them, what they cost, your rights and how to choose one.
Oct 05, 2026
CPP Survivor's Pension: Who Qualifies and How Much You Get
Who qualifies for the CPP survivor's pension, how Service Canada calculates the amount, what changes once you collect your own CPP, and what it means for your children and survivors aged 60 to 64.
Sep 28, 2026
What Happens to Your Mortgage When You Die in Canada (Plus HELOCs and Car Loans)
Your mortgage, HELOC and car loan do not disappear when you die. Here is who keeps paying, what a lender can demand, and what a survivor can do.
Sep 21, 2026
Creditor Insurance in Canada: What It Covers and How to Tell If a Debt Has It
Creditor insurance pays your lender, not your family, if you die, get sick, or lose your job. Here's what it covers and how to check if a specific debt has it.
Sep 14, 2026
Cash Surrender Value: What Happens When You Cash Out a Life Insurance Policy in Canada
Surrendering a life insurance policy in Canada ends your coverage and can trigger tax on a policy gain that has little to do with the premiums you paid. Here is how it actually works.
Sep 07, 2026
What Critical Illness Insurance Actually Covers in Canada
Condition lists, the survival period and partial payouts, explained with real Canadian policy wording, and why counting conditions is the wrong way to compare policies.
Aug 31, 2026
Accidental Death and Dismemberment Insurance in Canada: What It Actually Pays
AD&D insurance pays only when the cause is an accident. What the loss schedule really covers, the exclusions that decide claims, and why it is no substitute for term life.
Aug 24, 2026
Retirement Activities in Canada: What Retirees Do and What It Costs
Canadians 65 and over average four hours a day of leisure and $3,812 a year on recreation. Here is what those retirement activities are, and what each does to a fixed income.
Aug 17, 2026
Death Duties in Canada: What the CRA Actually Takes When You Die
Canada has no inheritance tax, but the CRA still collects at death. How the deemed disposition works, when the final return is due, and the certificate that protects your executor personally.
Aug 10, 2026
Retiring in Atlantic Canada: What It Actually Costs
Cheap houses are only half the arithmetic. The highest sales tax in Canada, oil heat, expensive flights and a real family-doctor shortage decide whether the move works.
Aug 03, 2026
Annuities in Canada: How They Work and When They Make Sense
An annuity turns a lump sum into guaranteed income for life. Here's how Canadian annuities are priced, the tax difference between registered and prescribed contracts, and who should actually buy one.
Jul 27, 2026
First Home Savings Account (FHSA): How Canadians Are Using It in 2026
The FHSA gives Canadian first-time home buyers a rare double tax benefit: deductible contributions and tax-free withdrawals. Here is how to use up to $40,000 of it in 2026.
Jul 13, 2026
Canadian Dental Care Plan (CDCP): Who Qualifies and How to Apply in 2026
The federal CDCP is now open to most uninsured Canadians earning under $90,000. Here is what it covers, what you will actually pay, and how to enroll through Sun Life.
Jul 13, 2026
Medical Expenses Tax Credit in Canada: What Retirees Can Claim in 2026
A plain-English guide to the Medical Expense Tax Credit for Canadian retirees in 2026, including thresholds, eligible costs, and how to maximize your claim.
Jul 05, 2026
Power of Attorney in Canada: Financial vs Personal
A plain-language guide to Canadian Power of Attorney: how Financial POA differs from Personal Care POA, how provincial rules vary, and what to know before naming anyone.
Jun 25, 2026
Defined Benefit vs Defined Contribution Pensions in Canada
Defined benefit vs defined contribution pensions look similar on paper but split risk very differently. Here is how each works in Canada, how they affect CPP, OAS and RRSP room, and what to ask before you retire or change jobs.
Jun 18, 2026
RESP for Canadian Kids: How to Maximize Government Grants
A plain-language Canadian guide to RESPs: how the CESG, CLB and provincial grants actually work, the contribution amounts that maximize free government money, and the mistakes that cost families thousands.
Jun 12, 2026
No-Medical-Exam Life Insurance in Canada: Who Qualifies
No-medical-exam life insurance in Canada comes in two flavours: simplified issue and guaranteed issue. Here is who actually qualifies, what it costs, and where the trade-offs sit, with no sales pitch.
Jun 05, 2026
Umbrella Insurance Canada: When Do You Need It
Umbrella insurance sits on top of your home and auto liability coverage in Canada and pays out when those policies hit their limits. Here's when Canadian families actually benefit, what it costs in CAD, and who can probably skip it.
May 30, 2026
TFSA for Children: What You Can and Cannot Do
You can't open a TFSA for a child in Canada  but you do have options. Here's what the CRA allows, how age of majority varies by province, and the accounts that actually work for kids.
May 24, 2026
How to Choose a Life Insurance Beneficiary
Naming a life insurance beneficiary is more than a checkbox. Here is how primary, contingent, and irrevocable designations work in Canada, including the Quebec rules most people miss.
May 17, 2026
Budgeting for New Parents in Canada
A practical guide to budgeting for new parents in Canada  covering EI parental leave, the Canada Child Benefit, childcare costs, RESPs, life insurance, and the estate basics most new families put off too long.
May 11, 2026