TD saying for renewal the best is 5.22 for a 2 year. Is that really the best around? Going from 1.59 so this is painful.

I've tried to look up recent posts but I feel like they mostly focus on the benefits for families, whereas I'm a big of a different situation.

I've had a WestJet RBC card for over a decade but with their constant drop in quality and rise in qualifying spend and with my travel being mostly international for work, I'm ditching WestJet.

What would be the best credit card for someone making $140k+ but with no kids and an EV (low grocery/gas bill).

I used to get around $1000+ a year in WestJet dollars but I've not really flown WestJet the last few trips because their prices were uncompetitive or they didn't fly where I was going.

I've got $50,000+ in qualifying spend each year on my card, but it's rarely ever groceries or gas. This is mostly reimbursed stuff for work and general day to day nonsense like parts/materials to hobby restore vintage sports cars.

What are the chances I’ll find a cheaper phone plan soon?

Unlimited CAN/US/ MX talk and text
Currently with bell at $43 a month.

I thought I would be smart and save Tax returns on a drive but have discovered that went kaput. Will the CRA be able to provide copies of T776 Statement of Real Estate rentals for the period 2003 - 12? I looked on My CRA and didn't see that information available. I would like to know the amounts claimed thoughout those years CCA and would like to sell the property soon but want to know how much the recapture will be.

I guess I really only need to know what the original balance was for the UCC and then deduct the balance showing now so I will be able to know how much the recapture will be, but don't have the numbers for that either.

FTHB here. I have a home closing coming up in 3rd week of January 2027. My downpayment is currently in TFSA and FHSA both of which are with RBC Investease. I’m skeptical on the timeline of the withdrawal, whether I should withdraw the funds in November 2026 or wait until first week of January 2027, as I’ll be out of the country for 3-4 weeks in December 2026. Anyone who has withdrawn funds from FHSA with RBC Investease before, how long did it take for the funds to get deposited into your account ?

Hello all,

I am in BC dealing with ~$10k in debt. I am still a student. I was very stupid and let my mom have my credit card when she was struggling because she promised to pay it back. Long story short I now have 10k in debt that has been sent to MJR and they have been nonstop calling me.

I finally answered today and they were pretty aggressive with me and told me a good option would be to take out a loan with one of their associate companies called LM (i can’t remember well). I told them I would like anything they suggest to me to be sent in writing and they got even more aggressive and rude to me, they were asking me why I haven’t made any payments if my credit score is good and other credit cards are in good standing etc.

The agent I was talking to escalated to a manager who once again tried to sell me on getting a loan which would be paid in less than an hour and I told him again that I want everything in writing. He asked if he could refer me to their partner company and I said no. He then told me okay your account will be getting escalated and hung up on me.

I regret even answering their call in the first place. Now I’m extremely anxious and scared for the future. So far they haven’t mentioned anything about pursuing this in court. I have made an appointment with an LIT.

What are the best options for me? I have seen people say just leave it for 2 years…

Voila ma situation . Je n'avais jamais eu de credit jusqu'a il y a environ 3 ans . Jai commencer avec des chose comme sezzle et Borrowel rent advantage qui ont beaucoup aider ma cote mais qu'avec equifax . Depuis 11mois jai une nouvelle voiture et jai ete approuvé rapidement . Aujourdui mon equifax a une cote de 796 mais mon transunion est a 678 et ne semble pas vouloir monter plus haut pour le moment mais je n'ai que mon prêt auto dessus .

Je suis sur la CNESST a vie donc je suis payé jusqu'a mes 67ans 27k par année, cest pas extreme mais bon jai eu un accident et je ne peux plus travailler .

Jaimerais avoir une carte de credit pour ameliorer mon score avec mon transunion aussi car je ne crois pas que seulement qu'un pret auto va la faire monter tant que ca .

Je sait qu'il y a exemple capital one mais j'aimerais eviter d'avoir a donner un depot de securité de 500$ ou dequoi du genre.

Je suis avec tangerine pour mon compte de banque mais jai vu beaucoup de commentaire negatif sur ceux qui reussissent a avoir une carte vs des gens qui sont refusé .que c'etait tres aléatoire comme selection 🤷🏻‍♂️🤷🏻‍♂️

Pensez vous que je vais etre refusé avec un equifax de 796 et un transunion de 678 ?

Je n'ai pas de paiement en retard , jai que mon auto a payé .

Je ne veux pas une carte de 10000$ non plus 😅

Jai besoin de conseil .

Hi PFC, I recently bought a used 2023 Audi Q5 40TFSI Komfort with 54k kilometers on it with a clean title and one owner. It is a CPO, hence, the warranty gets extended another year so now it is at 5 years or 100k km ending in Aug’28. Got a favorable rate too at 2.9% in Toronto. I plan to sell the car and find a similar car before its warranty runs out. Does that sound like a good plan realistically?

Hi, I'm about to buy a electric car. The brand is Tesla. I was actually thinking to buy it under a new corporation that I can open before purchasing the Tesla.

I am thinking that at some point I will be doing business. There is no revenue at the moment under the corporation, but maybe at some point when I have revenue I can write off things. Just need suggestion as I do not have any revenue at this point, but in the future, I can just use it.

I'm new into the entrepreneurship and thinking to basically.

I’ve been dealing with unemployment for about a year and a half now. Because of that my already bad financial situation turned worse and all my various debt went to collections.

I was recently approved for the DTC and 10 years of back payments. (Ive already opened an rdsp too) I’m currently waiting for the back payments to be processed (hopefully before the end of the year) I’m am expecting $15,000-$20,000 in back pay.

I want to use this money to help get a chunk of my debt out of collections to not only to clear it but improve my basically 0 credit score.

I know I owe the debts but I also know that most of the collectors may accept a settlement vs never getting anything.

So my question is how do I prioritize what debts to pay and how do I go about negotiating a settlement to pay a smaller amount than the owing debt but have it marked as paid? Like how do I approach the conversation/what do I ask? Is there a difference between paid in full and a settlement?

Do we reach a verbal agreement and then have them email or mail written agreement before I make the payment? To ensure they cant change the terms?

How long after clearing the debts will it take for my credit score to start improving? Its low 400s right now.

My approx debts owing, not including government student loans. Everything except TD is with a collections agency

TD Visa
$8000 - account is marked as “open” (still held at TD, but they didnt renew the card/cancelled it due to my poor external score even though payments were being made monthly)

Captial One
$1400

Pc mastercard
$3700

Rogers
$2000

Canadian tire
$1000

Easy financial
$12000

Teppermans
$11000
Not sure why this one is $11000. The items and original loans were only for no more than $3500. Maybe its interest? Idk

Like, don't courier your bank cards to anyone. That should go without saying. If someone is saying something's going on with your account. Maybe log into your account and check first? Hang up and call your bank? Why are people still getting scammed like this? https://youtu.be/ID-rxAA-58Y?si=1rAmc3o3jkdt6vcW

I will be hosting at least one information session with my friends and families before the year runs out.

Hey everyone!

I'm newish at this so my apologies if there's any stupid questions or comments. I'm looking for advice on optimizing our credit cards to maximize cashback and Aeroplan points

We currently have a CIBC Costco Mastercard (3% cashback on restaurants and Costco gas, 2% on Costco.ca purchases and other gas stations, and 1% on everything else), and a TD Cash Back Visa (1% cashback on groceries, gas, recurring bills etc. and 0.5% on everything else). I have this card mainly because my chequing account is with TD. I'll be switching to a better cashback credit card then potentially switch to another bank once I've figure out what make the most sense.

I also work at Costco, and a large portion of our grocery spending is done there. We spend most of our money on Costco groceries, dining out, and gas since I commute a bit farther for work.

I've done some research and am considering getting the Amex Cobalt and TD Aeroplan Visa Infinite - thinking of switching over from TD visa cash back to the Aeroplan visa to take advantage of the welcome bonus and start accumulating Aeroplan points then cancel a few years later.

I'm thinking of keeping my CIBC Costco Mastercard, applying for the Amex cobalt and the TD Aeroplan Visa infinite and potentially one more card that's good for cashback?

I've heard the Rogers Mastercard, American Express Simply Cash, Wealth Simple credit card (no charge for using your credit card outside Canada), and Tangerine were also good credit cards.

What I'm wondering is - is the Amex cobalt and the td Aeroplan visa the best for Aeroplan points? What card is best for cashback? It looks like it's the Amex Simplycash but not everywhere takes Amex. How many credit cards are ideal?

Our main goals are to maximize cashback and earn Aeroplan points - I want my parents to experience a business class flight and eventually...hopefully my husband and I too :)

Thanks in advance :)

Hi there, I have a 4 month internship starting in January and plan on opening an RBC cross border account since I’m already with them with no plans of returning to the US. I’m currently fully allocated into XEQT and was wondering whether I should be converting my usd to cad to reinvest in Wealthsimple, or if there’s a better way to invest it to avoid fees and utilize the US currency.

Any experience/help would be appreciated.

Hi, I used my RBC WestJet credit card to pay for a flight on Expedia 6 months ago but since then I have switched my credit card to a no fee one since I didn’t find value with the card. Due to plan changes, I had to cancel part of my trip. The refund is going to back onto the original form of payment. With the card switch, my card number has also changed. Will the refund still show up on this card or will it be stuck in limbo with RBC?

If I need to state my net income on a gov form…is that before or after I claim RRSP’s? I don’t want my income to be over a certain amount.

Thank you!

Any one lock in a good rate recently for 3 year fixed?

My boyfriend and I are planning on having kids in a couple years and thinking about how we’ll manage our finances during that period. I’d like to see some examples on how other couples have structured managing finances during maternity leave.

Some background:
- We make the same salary
- No maternity/paternity top ups
- I’d take a bigger salary hit (~12 months off) a than him (~3 months off)
- We’re common law and don’t plan on getting married
- We live in Quebec

Our current financial set up:
- Household expenses are split 50/50 we keep track using Splitwise
- We contribute to our investments/savings separately
- We have separate accounts
- We both sign up/close credit cards often to maximize travel credit card points
- We built a financial plan for our retirement/goals
- We have one joint account that’s only used to pay our mortgage
- We have very open communication around finances

Some ideas:
- Using a yours/mine/ours set up (I think this could be a lot of work to manage with our credit card set up)
- Combine finances for a year then return to our current set up
- Keep the same set up but use a pro rata split

Very curious how others have structured this and gone about it. Thank you in advance!

Hi everyone! I’m (23F) getting a work bonus for the first time and I’m not sure what to do with it. After CPP and EI I’ll be getting $4,621. There’s no federal tax being taken off because I make so little at this job (should I put some aside for that when I do my return?)

My situation:
I got laid off my full-time job in August. I’m working part-time (the job I’m getting the bonus from) two days a week. I get about $700 biweekly from work and $750 biweekly from EI. I live at home and pay $300 biweekly for rent. My biggest bill is my car loan at $223 biweekly.
Before I got laid off, I was trying to get into rent-to-own. I have about $10,000 in a TFSA that I was savings for my down payment ($9,838.76 contributed, all in 2026). I also have a short-term savings account with $4,600 and my chequing has $3,100 currently.

Options I Thought Of:
1. Paying off my car loan
My 6 year car loan will be done in about a year. It’s 7% interest and has about $9,000 left to pay. I could pay it partially off with my bonus or use my bonus and savings to fully pay it off. But I’m still planning on rent-to-own or buying a house once I find a job and I don’t want my credit score to go down massively (currently 773). I have two credit cards and about $750 of student loans, but my car is the biggest thing on my credit report.

2.Paying off my student loans
I have about $750 of student loans left. They have barely any interest ($0.01 per day) and I’m not sure it’s worth paying off or if it’s nice to keep on my report. I’m currently paying $25 a month

3.Savings/Investing
I could also put it into savings. I have lots of contribution room in my TFSA. Or I’ve been thinking about opening an RRSP. I don’t know much about investing and I’d prefer something easy and hands-off

I’m also open to other suggestions or a mix of ideas. Thank you if you’ve read this far!!
If you have any questions or need any other info, just let me know

I'll be inheriting a family cottage in Quebec from my mother at some point. There almost certainly won't be any money left in her estate to pay the resulting capital gains, so I'm sure I'll be on the hook for that. I'm trying to plan ahead and save up the money for it, but I have no idea how to calculate the adjusted cost base. The cottage wasn't purchased, my dad built it himself in the 70s out of whatever cheap/free materials he could get his hands on. So how does that work?

Hi there, I have received an inheritance and need advice choosing between 2 financial planners. I'm located in Quebec, Canada. Both have an FPI certification, both have roughly the same management fees. One is an advisor through my bank, the other works at an independent firm. I've had some smaller investments through the bank person in the past but a couple people have suggested I'd make more money with a non-bank advisor.

Option 1)

• Advisor with my bank
• Previous investments with her did very well
• Bank is a reliable institution
• She is nice
• There have been 2 instances that give me pause: In the first case I tried to reach her during a market crisis and didn't hear back from her for several days, which may be normal for all I know. The second was when I met with her more recently to discuss investing my inheritance she mentioned a document she needed and said she would follow up with me a week later, which she did not (I have not otherwise provided the document.) Not a huge deal, but not great.

Option 2)

• He is an advisor with an independent firm called CRW (dealer is Canada Life, an insurance company.) He's also a founding partner, if that matters.
• He had a very slick powerpoint presentation, but ultimately he offers the same thing as the bank lady.
• He seems nice
• My hesitation is that he isn't affiliated with a bank or another large investment company (Industrial Alliance and Fidelity are a couple of big ones here.) He explained that the dealer relationship makes it impossible for the firm to shutter and make off with my money, but I worry that it's somehow less secure than the bank.
• He was recommended by an acquaintance in real estate and I kind of wonder if she gets a referral fee of some kind, not sure how that works.

I'd be grateful for any advice, thank you.

Hi so I only recently started making a fairly decent good amount of money the last 6 months $15-20K (Luck tbh).
Before that I was making $2-4K monthly with 30k in credit card debt that had been sitting like that for months (had fomo and wanted to travel). I never really had anyone to talk to regarding finances and been really bad w handling money… but I think it was moreover a good investment in myself because I was able to travel the world & build good connections.

Long story short — I was able to clear that credit card debt from 30 to now 5 within the last 6m

Monthly:
Income:
~20,000

Rent
~2800 with utilities

Groceries
200

Shopping / Miscellaneous / gifts
1000-2000

Entertainment / subscriptions
Netflix - 21
YouTube - 10
Apple - 13
Phone - 45

Gym
70

Flowers
100

Transportation - I walk everywhere, and occasionally uber or take TTC
50-100

Student loans
Total federal 50k, - $300/m

Savings / TFSA
I will try to set aside however much I have left over tbh, only finally started putting money into tfsa last month.
I’m not sure If I ever want to own a home so 0 into FHSA also I can’t wrap the concept of me living longer than 55 , 0 into my RRSP …

Any advice would be greatly appreciated thanks

I have just two credit cards - the WS Infinite Privilege Visa (free, given my WS holdings) and the Amex Cobolt (~$175 a year). I'm finding that points dont really do much for me any more. Most of my travel is with work and so I only take maybe 1 personal vacation a year (something simple like an all inclusive or a city break to one mid range hotel) so playing the points game doesn't seem to do it for me and I think I prefer more tangible rewards like direct cash back where I can see the impact more directly. The cost of Amex has also gone up this year.

I'm thinking of converting the Amex points to Aeroplan and then closing down the card - do you think this is a good idea or is the Amex card still considered the best general spending card? For context I probably spend about $400 a month on groceries, maybe about the same on dining out, I dont drive (for gas points) or spend a ton on other higher point categories like subscriptions. I'm not sure the Amex is really worth it any more?

Was starting to look at places at the beginning of the year, but then unfortunately dealt with some pretty heavy personal loss and now am just feeling like getting back into it. But of course fixed rates went up a month ago, and now it looks like BoC is raising rates on Wednesday.

At this point what's the best option here? My rent is too high and I want to stop feeling like I'm wasting my money, but I don't want to lock into too high of a rate and regret it.

Any advice is appreciated.

Hey all,

My insurance bundle is up for renewal for my 2 autos and home in a little over a month and I'm tired of the price slowly creeping up. I used to switch between companies based on what was cheaper but never used a broker before.

When people say to look into brokers, are they referring to actual agents like mortgage brokers or online brokers like rate aggregators like rates.ca? If so, any recommendations for one that is easy to deal with and genuinely gives good rates? Or should I stick to just those online tools that look at every provider?

Looking for the best credit card for gas.

Right now I’m leaning towards the capital one world quick silver. I’m wondering if there are better options out there.

Thanks!