Best tools
Best money tools for Canadians (2026)
No single app does everything. Here are our honest picks by job, including where Monvo fits and where something else is better. No sponsored rankings.
Knowing what to do with your money
Monvo
Most tools show you charts of money you already spent. Monvo reads your Canadian bank accounts and tells you the exact money move to make, in dollars. Free to start, CA$15/mo for full automation.
High-interest savings (HISA)
EQ Bank or Tangerine
Big-bank savings accounts pay a fraction of what dedicated high-interest savings accounts pay. If your emergency fund sits at a big bank earning next to nothing, moving it is usually the highest-return 20 minutes in personal finance.
Zero-based budgeting
YNAB
If you want to assign every dollar a job and you will actually maintain it, YNAB's method is the most proven. It demands upkeep, which is the tradeoff.
Beautiful dashboards
Monarch Money
The most polished net-worth and cash-flow dashboard available. US-first, so Canadian bank connections can be less reliable.
Free investing
Wealthsimple
Commission-free stock and ETF trading plus managed portfolios, built for Canadians. A natural companion to Monvo: Wealthsimple grows the money, Monvo tells you what to move.