On this page
This page is not the room-mechanics page. If you need balances versus contribution room versus spendable cash — and the double-count traps that inflate a total — go to registered accounts in one net-worth view. That URL owns the formulas. This URL owns the Mint-replacement household picture in CAD: joint chequing, emergency cash, registered balances, and the card / line of credit / mortgage on one page.
After Intuit said Mint is going away and reimagined it on Credit Karma, the leftover job for a Canadian household is still Financial Basics Module 6: assets minus debts, in CAD, updated regularly. Official Intuit pages fetched for this note do not print a cutoff calendar date. Credit Karma is Intuit’s stated destination. Finnomia is a Canadian alternative, not the official Mint replacement.
The household CAD picture — a labelled illustration
Illustrative, not your household, not a StatCan average, and not a Finnomia Advanced screenshot. A different labelled household than the Cluster B statement.
Two people, one joint chequing account, two registered logins, a card, a line of credit, and a mortgage — all in CAD:
| Line | Side | Amount (illustration) |
|---|---|---|
| Joint chequing | Asset | $5,400 |
| Emergency cash (savings) | Asset | $16,200 |
| TFSA balance (Alex) | Asset | $37,800 |
| RRSP balance (Sam) | Asset | $48,500 |
| FHSA balance (Alex) | Asset | $9,600 |
| Credit-card balance | Liability | −$2,250 |
| Line of credit | Liability | −$11,400 |
| Mortgage remaining | Liability | −$389,000 |
| Sketch net worth | Assets − debts | −$285,150 |
Assets $117,500 − debts $402,650 = −$285,150. Negative net worth is allowed on Module 6 — it means debts are larger than assets. The mortgage is doing most of that work. Leaving the registered balances off the page would make the liquid picture look richer than the household is.
Keep off this total: unused TFSA, RRSP, or FHSA room. Room is a constraint on the next deposit. It is not an asset. That is the one sentence this page will spend on room. The formulas live on registered accounts and net worth.
Available credit is not an asset. A credit card does not increase the amount of money you have. The balance is the debt.
If you want the subtraction on a public calculator before you pick a plan, use the live net-worth calculator.
What belongs on the Mint-replacement page
Module 6’s definition, one line: “Your net worth is defined as your assets – that is, what you own – minus your liabilities – that is what you owe.” Update it regularly. Use current market prices. FCAC’s consumer pages fetched here do not publish a typical Canadian household net worth. Do not invent a median.
A Canadian household picture after Mint is not “the US list with CAD on the axis.” It is:
- Chequing and savings — the balance, in CAD. Available overdraft is not an asset. FCAC’s choosing-financial-products page names Interac e-Transfer® as ordinary chequing activity.
- Emergency cash — a cash asset line aimed at 3 to 6 months of living expenses, or of income (Making a budget; limiting future debt). The earmark is a job for the dollars. It does not change tax treatment.
- Registered balances — TFSA, RRSP, FHSA if you have one, at today’s value. They are “investments” in Module 6’s list. They are not contribution room.
- Card, line of credit, mortgage — liabilities. Payoff order is debt payoff strategies in Canada.
A budget still “deals with cash flow.” The 2026 walkthrough is how to budget in Canada. Net worth is the stock.
Why a Mint-style US label missed CAD registered accounts
Mint’s leftover copy is a US corporate event, not a CRA topic. mint.intuit.com says tracking net worth now has “a new home” on Credit Karma. Credit Karma Canada markets credit score, reports, and monitoring — not Mint-style budgeting or net-worth tracking. Whether it is a full Mint replacement for Canadians is UNKNOWN on the official pages fetched here.
The Canadian gap is the instrument list. Canadian money apps vs US budget apps already refused the unsourced “they fail the Big 5” claim. Official Canadian pages name TFSA, RRSP, RESP, and — on CRA — an FHSA. Those are not a 401(k) or a Roth with the currency toggled.
High level only, already official:
- A TFSA: contributions are not deductible; growth and withdrawals are generally tax-free.
- An RRSP: contributions are generally deductible; growth is usually tax-exempt in the plan; a regular withdrawal is income.
- An FHSA: a first-home vehicle; contributions are generally deductible; a qualifying home withdrawal is tax-free.
Put the current value of each plan on the asset side. Which account to fund first is TFSA vs RRSP vs FHSA. This page will not retell 2026 room math.
Two people, one household CAD picture
A household net-worth page is joint chequing plus two people’s registered accounts — not one partner’s brokerage screenshot. Managing money as a couple gives three examples (all-joint; joint for household bills only; separate), not a required structure. A joint account is shared access and shared responsibility. How couples keep the books without handing over a login is household budgets in Canada.
Never share the PIN, password, or security answers — not even with family. Household net worth is a joint account, an authorized user, or a product with a shared household view. It is not the bank password.
A spousal RRSP is the annuitant’s account. Count it once on a household page. That trap is already written in the registered-accounts note.
Open banking is not available in Canada yet (FCAC, 16 December 2025).
What Finnomia lists — then stop
The public Finnomia homepage (checked 23 August 2026) is CAD native and PIPEDA compliant, markets read-only bank connect, and lists RBC, TD, Scotiabank, BMO, CIBC, Tangerine, Wealthsimple and 50+ more. Copy says you can see spending, savings goals, investments, and net worth in one place.
Net worth tracking & analytics and Canadian investment account tracking sit on the Advanced plan, not Core. Core is budgeting and spending tracking and up to two accounts. Family adds a shared household view (up to five members) on top of Advanced. This note does not invent a net-worth screen. Room still comes from your own records, your Notice of Assessment or Form T1028, and — for an FHSA — your participation-room statement.
Finnomia is in open beta. It is a Canadian alternative after Mint, not “the official Mint replacement.” The AI Financial Coach is Coming Soon. Homepage mock stats are marketing chrome, not results.
Finnomia is personal finance built for Canadians. Start a 30-day free trial — cancel anytime. Sketch the household picture in the live net-worth calculator.
This is general information for 2026, not tax advice and not an FCAC, CRA, or Intuit publication. Module 6 is assets minus debts at current market prices — not a typical Canadian household and not a room-math essay. Confirm balances on your own statements. Rules, dates, and your facts can differ.