The Lodavo Blog
Saving tips, prize-linked savings explained, and the latest from Lodavo.

What to Do if You Win the Lottery in Canada
Sign the ticket first. Then the Canadian rules American advice gets wrong: no anonymous claims, no blind trust, no tax on the prize, and one year to claim.

Canada Student Grant 2026-27: How Much You Can Get
The Canada Student Grant pays full-time students up to $4,200 for 2026-27, and you never pay…

Bonus Tax in Canada (2026): How Much Comes Off, by Province
Why your bonus deposit is smaller than your bonus letter said, what you keep from a $5,000…

Does Car Insurance Go Up After an Accident? Rules by Province
In most provinces, car insurance goes up after an accident you caused, not one you didn't.

Is Spring Financial Legit? Yes, but It Agreed to Refund 65,000+ Borrowers
Spring Financial is a licensed lender, not a scam. What its loans and Foundation program cost…

Repayment Assistance Plan: What You'll Pay at Your Income
What Canada's Repayment Assistance Plan leaves you paying at each income and family size in…

How Much Cash Can You Bring Into Canada? The $10,000 Rule
There's no limit on how much cash you can bring into Canada, but CA$10,000 or more must be…

National Heat Pump Rebate 2026: Income Limits and How to Apply
Canada's National Heat Pump Rebate pays $2,000, or up to $10,000 for households at or below…

QPIP Benefits 2026: How Much Will I Get Each Week?
QPIP pays 55% to 75% of your gross earnings, capped at $103,000 in 2026. Weekly amounts by…

How Much Is Welfare in Canada? 2026 Rates by Province
How much welfare pays a single adult in 2026 in every province, from Ontario Works and ODSP to…