Two motors electrify the Corolla Hybrid’s 1.8-litre gasoline engine, turning it into a hybrid engine. The electric motors are connected to the car’s wheels and engine via the transmission, and a battery used to store power for the hybrid engine is located...
With excellent road manners, highly approachable safety and convenience technologies, affordable used-market pricing and access to a wide network of dealer service locations from coast to coast, the Mach-E is my top pick for growing families looking to add a flexible all-electric...
The savings could be substantial: while most regular credit cards charge around 20% in interest, the cards listed below offer rates that can be half that, or less. Some low-interest cards even come with attractive balance transfer promotions that will allow you...
Summer is peak travel season for Canadians, with July the most popular time for a getaway, according to a recent Deloitte poll. But if budget worries are casting a cloud over your vacation fantasies, experts say it’s possible to ease that anxiety. Whether...
The Bank of Canada (BoC) closely monitors the rate of inflation in Canada and aims to keep it within a target range (more on this below). The latest inflation data is unwelcome news for Canadians who hope the BoC will cut its...
Why trust us MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major...
The 2022 model year saw sales of the Kia Soul up nearly 20% year-over-year. Updates for 2022 include a bold new Kia badge design, more standard features across more trim grades (including a 10.25-inch touchscreen, wireless charging and automatic climate control), and...
The basics: U.S. estate tax for non-residents The U.S. imposes estate taxes on the worldwide estates of its citizens and residents. However, as a Canadian with no U.S. assets, you might initially assume that U.S. estate taxes do not apply to you. The...
In my opinion, the best thing about the evolution of the investment industry is a (slight) increase in transparency. There is a long way to go, and consumers are still disadvantaged in a lot of ways, but we are making progress. I am...
The proposed tax change was subsequently separated from the budget implementation bill, with the Liberals introducing a ways and means motion to increase the capital gains inclusion rate as originally set out in the budget. The motion was approved in the House...
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