May 2016 interest rate update: still 0.5%

The overnight lending rate remained untouched today as the Bank of Canada announced their decision and economic outlook.

Toyota and Uber announce partnership

Today, Toyota Motor Corp and Uber announced plans to partner and explore ridesharing. The announcement comes as only the latest of several high profile partnerships between auto and tech companies.

When should you lease a car instead of buying?

I always wondered why my neighbor leased a car instead of buying one. It turns out that leasing can be the best option for some people.

New scopes help RCMP catch distracted drivers

For many, the long weekend means time spent on the wide open road headed out of the city. Long trips mean a whole lot more distracted driving, and RCMP in British Columbia are keeping an eye out for it with a new tool.

Ontario considers safe-texting zones on highways

When you hear or feel the buzz of your smartphone receiving another notification, it’s hard not to immediately want to know what it’s for, even if it’s just to assess how important an interruption it really is. But taking even a few seconds to look at your phone while driving is a recipe for disaster.

How to decide to add extra home coverage

When shopping around for a home insurance policy in Canada, you’re likely trying to save money. You want to find a policy that helps you feel secure at night. You also don’t want to break the budget with home insurance. However, there might be a time that you want to pay a little more to add extra home coverage.

Rob Carrick dishes on Canadian personal finance

How keyed into the world of personal finance are you? Chances are that you’ve heard much about the troubling state of housing in the country’s biggest cities. You may have even read about how your finances will change under the newly formed federal government. But personal finance in Canada can be an overwhelming topic, so we got an expert to boil it down.

Could a ‘textalyzer’ help stop distracted driving?

In recent years distracted driving has become the biggest factor in auto accidents, so experts have proposed an interesting way to dissuade people from using their phone behind the wheel.

Aviva ready to offer ride-sharing insurance in Québec

The Québec government may not have regulated ride-sharing yet, but Aviva Canada has already developed an insurance option for when it does.

How to get the lowest rate on your mortgage

I have to renew my mortgage later this year, which is a shame because the new mortgage rate is almost certain to be higher than the incredible prime minus 0.80% variable interest rate (1.90%) that I’m paying today.

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