What makes a budget app the best for Canadians
How Cadence Compares
| Cadence | YNAB | Monarch | Copilot | Dollarwise | |
|---|---|---|---|---|---|
| Starting price | $2.49/m | ~$12.98/m | ~$11.90/m | ~$11.33/m | ~$14.29/m |
| Available in Canada & USA | Yes | Yes | Yes | No (US only) | No (US only) |
| iOS (Beta), Android (Beta) & Web apps | Yes | Yes | Yes | No Android | No |
| Multi-currency support | Yes | One per budget | No | No | No |
| TFSA, RRSP, FHSA tracking | Yes | Yes | Limited | N/A | N/A |
| AI training on your data | No | Yes | No | Unclear | Unclear |
| Official MCP integration | Yes | No | Beta | Beta | No |
| Passkey sign-in (all devices) | Yes | No | No | No | No |
| Works without bank syncing | Yes | Yes | Yes | No | No |
| Bank syncing | Yes | Yes | Yes | Yes | Yes |
| Budget & transaction tracking | Yes | Yes | Yes | Yes | Yes |
| Net worth tracking | Yes | Yes | Yes | Yes | No |
| Financial goals | Yes | Yes | Yes | Yes | Yes |
| Reporting | Yes | Yes | Yes | Yes | No |
| Insights & suggestions | Yes | No | Yes | Yes | Yes |
| Automations | Yes | No | Yes | Yes | No |
Cadence
YNAB
Monarch
Copilot
Dollarwise
Competitor prices are approximate conversions. Pricing reflects annual plans billed yearly. Based on publicly available data as of March 2026.
Fully Featured Plans - Just Pick Syncing
Frequently asked questions
What is the best budget app in Canada?
The best budget app for most Canadians is one that supports Canadian account types (TFSA, RRSP, FHSA), handles CAD and USD, protects your data, and is affordable. Cadence was built in Canada to do exactly that, with budgeting, net worth tracking, goals and bills in one app across iOS, Android and web.
Is Cadence free?
Cadence is a paid subscription with a 14-day free trial (a card is required to start the trial). Plans start at $2.49 CAD / $1.99 USD per month billed annually, plus a one-time Lifetime option. There is no permanently free tier - the difference between plans is only how many banks you can sync.
Does Cadence work with Canadian banks?
Yes. Cadence supports secure bank syncing for Canadian and US banks on the Cadence+ and Premium plans. You can also use Cadence entirely by hand on any plan if you prefer not to connect a bank.
Does Cadence support TFSA, RRSP and FHSA tracking?
Yes. Cadence supports Canadian registered accounts including TFSA, RRSP, FHSA, RESP and RDSP, as well as US account types such as 401(k), Roth IRA, HSA and 529 plans.
Is my financial data private?
Yes. Cadence is an independent Canadian business that never sells your data and never uses it to train AI models. Your financial information stays yours.