Money

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If you've been counting on a big raise to help catch up with rent and grocery bills, you might want to manage your expectations heading into 2027.

According to the new 2027 Salary Guide from staffing firm Randstad Canada, base salary increase budgets across the country are expected to hold steady at an average of 3.1% to 3.3% next year. And Quebec is at the very bottom of that range.

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If you've been keeping an eye on your bank account this morning, there's a good chance you've already spotted a deposit from the Canada Revenue Agency (CRA).

Monday, October 5, is payment day for the Canada Groceries and Essentials Benefit (CGEB), the program that replaced the GST/HST credit over the summer. If you used to get the GST credit, this is the same quarterly payment you're used to, just with a new name and a little more money attached.

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Many Quebecers have a handful of government deposits landing next month, and it's worth checking whether you qualify.

Between Retraite Québec, Revenu Québec, and the Canada Revenue Agency (CRA), several benefits and tax credits go out every month, and October 2026 brings its usual mix, plus a few programs worth knowing about if you haven't checked in a while.

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We've spent the past few months running Montreal's cost of living against pretty much every major city in the country: Quebec City, Vancouver, Ottawa, and Toronto, and most recently, Calgary. Montreal came out ahead almost every time.

But what about Edmonton?

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If investing has been sitting somewhere on your "I should probably learn more about that" list, Fidelity Investments Canada is bringing a free pop-up to Montreal that puts a more playful spin on ETFs.

The Fidelity ETF Pop-Up: Dare to Dream is happening at WIP Works on Saint-Laurent Boulevard on October 3 and 4, with food, music, games and opportunities to learn more about ETFs – no jargon.

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If you've ever wondered how your paycheque stacks up against other industries in the province, Statistics Canada recently dropped its latest wage numbers for Quebec, and the gap between the top and bottom of the list is bigger than you might think.

The federal agency updates its employment data monthly, tracking median weekly wages for full-time workers aged 15 and up, across all genders, including tips, bonuses and overtime, before taxes and other deductions. As of August 2026, the median weekly wage across all industries in Quebec sits at $1,266, up slightly from July and up about 1.3% compared to the same month last year.

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By this point, we've made a habit of comparing Montreal's cost of living to pretty much everywhere else in the country. We've lined the city up against Quebec City, Vancouver, Ottawa, and Toronto, and Montreal has come out ahead on affordability nearly every time.

Now it's Calgary's turn.

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There's a certain kind of dread that sets in watching your total climb at the self-checkout, while you wonder how a few bags of groceries somehow cost what a restaurant meal used to.

It's not just in your head, either. Grocery prices in Canada have climbed roughly 27% over the past five years, well ahead of general inflation. And while hefty prices on everyday items don't seem to be going away anytime soon, there's a wider list of tax-free groceries in Quebec than most people realize, plus a federal benefit a lot of people don't even know they're getting.

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Anyone receiving payments through the Quebec Pension Plan (QPP) has a deposit coming their way this month, and depending on your situation, it could be worth well over $2,000.

Retraite Québec issues QPP payments monthly, same as every other month, but the amount varies a lot from person to person based on a few key factors. Here's what determines your payment and when this month's deposit lands.

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If you've got a salary review coming up sometime soon, there's some early data worth knowing about before you walk in. Consulting firm Normandin Beaudry just released the first preliminary forecast for salary increases across Canada in 2027, and the short version is that things are staying pretty steady.

More than 350 organizations took part in the survey, which ran over just three weeks. According to the results, the average salary increase budget for 2026 actually came in at 3.1%, a touch higher than the 3.0% originally forecast. For 2027, employers are expecting to hold that same pace, budgeting another 3.1% on average, not counting any salary freezes.

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August tends to be an expensive month for Quebecers, with back-to-school shopping, vacation spending, and the last stretch of summer plans all landing at once.

The good news is that a full slate of deposits from Revenu Québec, the Canada Revenue Agency and Retraite Québec is scheduled between now and August 31. A few of the government payments are also arriving at higher amounts than they were in the spring, since July marked the start of a new benefit year for several federal programs.

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They say money can't buy happiness. But it can get you a better standard of living, and according to a new report, Montreal's price tag for that kind of happiness is lower than most other major cities in Canada.

The report comes from Remitly, a digital money transfer company, and builds on a Purdue University study on income and self-reported well-being. That original research found that as people earn more, their happiness climbs right along with it, up until a certain income level, called the point of "income satiation." Past that threshold, extra income seems to stop making much of a meaningful difference.

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