There are plenty of retirement plan options in Canada! Stay on top of the best plans right here.
Latest News
Canadians fear a tougher road to retirement—and plan to help their kids along the way + MORE Feb 14th
Canadians are going into this year’s RRSP season in a somewhat pessimistic mood. Two-thirds say it will be more difficult for them to save and invest for their retirement than it was for their parents, according to BMO’s latest Retirement Survey.
Canadians expect a tougher retirement than the.... More »
The scoop: What Canadian investors need to know now + MORE Sep 21st
For those who like surprises, the stock markets have not disappointed in 2020. The S&P 500 surged to new heights despite the economy-clenching COVID-19 pandemic powering around the globe, and individual investors’ participation in trading reached a 10-year high during the first half of this ye.... More »
Stock news for investors: Barrick leads earnings gains as major Canadian companies report mixed Q3 results + MORE Nov 15th
Here’s a round-up of news for Canadian investors this week.
Barrick
MEG Energy
Loblaw
Manulife
Linamar
Brookfield
Hydro One
MDA Space
George Weston
Featured RRSP Accounts
featured
EQ Bank
.... More »
30 and no pension: What are your options? Sep 6th
Alexandre Crupi has a lot of expenses. The 31-year-old investment specialist at Steadyhand Investment Funds, along with his fiancee, are paying for a September wedding. Then there’s the cost of their forthcoming honeymoon. They hope some day to buy a house. On top of all that, Crupi doesn’t curr.... More »
Scammers want your retirement—here’s how to protect yourself + MORE Mar 21st
Here’s something worth knowing if you’re over 55: scammers are coming for you. Just in time for Fraud Prevention Month, new research from Blood Finance and Angus Reid confirms that fraudsters target people in this age group. Case in point: 87% of people in this age bracket reported recei.... More »
MONTREAL — The federal and Quebec governments are under pressure to quickly commit funding for Montreal’s new $5.9-billion electric train project, which the Caisse de depot is promoting as a model for funding infrastructure projects.
Quebec’s pension fund manager has created an infrastructure subsidiary to oversee the construction and operation of the 67-kilometre network, which is to be ready for service by the end of 2020.
The Caisse is also contributing $3.1 billion and the city of Montreal is committing $100 million for the project. Ottawa and the province are being asked to split the remaining $2.7-billion estimated cost.
The project’s price increased by $400 million with Friday’s announcement of three new underground stations that will shorten travel times to the downtown core and relieve congestion on one of the city’s most congested subway lines.
The Caisse de depot’s president and CEO, Michael Sabia, says the network of electric trains is exactly the type of project that Ottawa should want to support as it spends more on infrastructure and aims to reduce greenhouse gas emissions…
Quebec’s pension fund manager has created an infrastructure subsidiary to oversee the construction and operation of the 67-kilometre network, which is to be ready for service by the end of 2020.
The Caisse is also contributing $3.1 billion and the city of Montreal is committing $100 million for the project. Ottawa and the province are being asked to split the remaining $2.7-billion estimated cost.
The project’s price increased by $400 million with Friday’s announcement of three new underground stations that will shorten travel times to the downtown core and relieve congestion on one of the city’s most congested subway lines.
The Caisse de depot’s president and CEO, Michael Sabia, says the network of electric trains is exactly the type of project that Ottawa should want to support as it spends more on infrastructure and aims to reduce greenhouse gas emissions…
How retirees can use TFSAs to save on tax
– moneysense.ca
The Tax-free Savings Account or TFSA is in my view the single most powerful investment tax shelter available to Canadian investors. Young people should move heaven or earth to maximize the annual $5,500 contribution as soon as they turn 18—even if they have to solicit a “matching” contribution from their parents.For those who haven’t yet contributed, as of 2017 the cumulative TFSA room built up since the plan’s debut in 2009 will be $52,000, says KCM Wealth’s Adrian Mastracci.
Coupled with the newly expanded Canada Pension Plan, any millennials maxing their TFSAs from age 18 on will be well positioned for retirement by the time they reach the age cohort this column is aimed at.
For near-retirees and seniors already retired, the TFSA is still a potential game-changer, even though it came relatively late in the game for them. Fortunately, unlike RRSPs—to which you can no longer contribute after age 71—there is no such limitation for TFSAs. Even if you live past 100, each year you can keep adding the $5,500 come January, plus any inflation adjustments that may occur…
CTV NewsSuspect in fatal stabbing at French missionary home arrestedCTV NewsPARIS — Police on Friday arrested a suspect in the fatal knife attack on a woman at a retirement home for Catholic missionaries in southern France after a vast manhunt, authorities said. The 47-year-old suspect — with no apparent links to Islamist …Stabbing at French retirement home not terrorism, police sayCBC.caManhunt underway in France for masked gunman who stabbed woman to death at missionary residenceCalgary HeraldFormer French paratrooper charged with murder after storming retirement home for monks in FranceMirror.co.ukITV News -The Independent -NEWS.com.au -The Guardianall 146 news articles »
Caisse warns Montreal transit project to cost more
– theglobeandmail.com
Quebec pension fund says it will raise its investment by $100-million to $3.1-billion; Montreal to invest $100-million
