GetWealthy
What Canadian money question can we answer today?
FINANCIAL PLANNING
Jul 12, 2026 17 min read

Will I Have Enough to Retire? The $1M Question Answered

Fewer than 10% of Canadians 55-64 have $1M saved — most retire fine anyway. CPP $1,507.65 + OAS $751.97 (July 2026) = $27,100+/year guaranteed per person. $500K/$750K/$1M comparison table recalculated with current OAS. The exact gap formula: (spending - guaranteed income) × 25 = your real number.

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MORTGAGE AND LOAN
Jul 11, 2026 17 min read

Ottawa’s $30B Mortgage Bond Buy: Will It Lower Your Rate?

Ottawa's $30B CMB purchase is year 3 of a program running since February 2024 — not a new intervention. The FEDERAL GOVERNMENT buys; the Bank of Canada executes. Modest rate benefit: ~0.10-0.25%. But bond yields rose 30bps in early 2026 despite the program. CMB mechanics, rate impact, and a complete renewal strategy including the 5-year GoC bond yield as your best forward indicator.

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INVESTMENT
Jul 10, 2026 17 min read

How to Start Investing in Canada: The ‘Lazy’ Beginner’

You can start investing in Canada with $1 (Wealthsimple) or $25-50 (one ETF unit). TFSA: $7K/year (2026). RRSP: $33,810 (up from $32,490 in 2025). One ETF like VGRO (0.24% MER) or XGRO (0.20%) gives you global diversification on autopilot. 30-minute setup guide inside.

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REGISTERED ACCTS
Jul 9, 2026 17 min read

TFSA vs RRSP: The Ultimate 2-Minute Guide to Stop Choosing the Wrong Account

TFSA $7K (2026), RRSP $33,810 (2026). OAS: $751.97/month (July 2026 Q3 rate). OAS clawback starts at $93,454 (2025 income). Hold US stocks in RRSP (0% withholding), Canadian stocks in TFSA. The exact income threshold ($55K-$60K) where RRSP beats TFSA — and the "refund recycling" trick that makes both accounts work together.

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TAX
Jul 9, 2026 19 min read

Legitimate Ways to Reduce Your Canadian Income Tax Bill in 2026

2026 federal brackets confirmed ($58,523 first ceiling, not $57,375). Alberta lowest rate is 8% (not 10%). RRSP 2026 limit: $33,810. DTC credit rate: 14% (not 15%) = ~$1,346 savings. Medical expense threshold: ~$2,814. T2200 required for home office — flat-rate method eliminated since 2022. Complete tax reduction guide for employees and self-employed.

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CASH MANAGEMENT
Jul 8, 2026 16 min read

2 in 3 Canadians Are Cutting Spending—Here’s Where

TD survey (Jan 13, 2026): 67% of Canadians plan spending cuts this year, up from 51% in 2025. Gen Z: 86%. Millennials: 77%. Top cuts: retail purchases (53%), entertainment (44%), dining out. Only 36% have a formal financial plan. Category-by-category savings table + 5 strategies that actually stick.

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INVESTMENT
Jul 7, 2026 15 min read

The Empty-Handed Landlord: Why Swapping to Canadian REITs Beats Buying an Expensive Rental Property

$120K+ down payment for a Toronto rental condo vs $50 for a REIT. TFSA ($7K, 2026) holds REIT dividends completely tax-free. Best yields 4-7% (watch out for 10%+ red flags). ZRE vs XRE vs individual REITs (CAR.UN, GRT.UN, REI.UN) — complete comparison and step-by-step guide inside.

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REGISTERED ACCTS
Jul 6, 2026 16 min read

“The 5-Year RRSP Break: How Canada’s New Home Buyers’ Plan Update Pauses Your Repayment Stress”

The 5-year HBP repayment grace period now covers 2022-2028 withdrawals (the 2026 Spring Economic Statement extended it from 2025 to 2028). 2022 withdrawal? First $4K repayment due for the 2027 tax year — 18 months away. 2026 withdrawal? Not due until 2031. Complete repayment timeline table, Schedule 7 reminder, and preparation strategies inside.

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GOVERNMENT BENEFITS
Jul 6, 2026 17 min read

“Free Heat Pumps & Home Retrofits: Who Qualifies for Canada’s Newly Expanded Energy Grants?”

The $40K Greener Homes Loan (closed Oct 2025) and $5K Grant (closed Jan 2026) are no longer accepting new applicants. The active 2026 programs: CGHAP (free direct-install for low-to-median income, now includes renters in BC, Manitoba, NS, PEI, Quebec) and OHPA (up to $15K for oil heating — some provinces close July 31, 2026). What's actually open and how to apply.

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MORTGAGE AND LOAN
Jul 5, 2026 20 min read

60% of Mortgages Renew in 2026—Here’s Who Gets Hurt

60% of Canadian mortgages renew by end of 2026. Renewing from 1.89% to 4.50%? That's $678 more/month on a $500K mortgage, or $482/month more on $400K. Payment calculator table for all 2021 rate scenarios, plus the 4-step preparation guide and what to do if you genuinely can't afford the new payment.

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