The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
Canadian home sales flat in April as buyers remain cautious - The Globe and Mail + MORE May 15th
Canadian home sales flat in April as buyers remain cautious The Globe and MailDespite falling interest rates and prices, home affordability isn’t set to improve any time soon, report says Toronto StarCanadian real estate market entering a ‘transition period,’ says CREA&nb.... More »
TFSA vs RRSP: How to decide between the two Jun 28th
One of the most common questions out there is whether to invest in a registered retirement savings plan (RRSP) or a tax-free savings account (TFSA). Both will help you save, and save on taxes, but each works in different ways. Understanding these investments will help you know when to use one or the.... More »
How do the RRSP contribution carry-forward rules work? + MORE Aug 1st
Ask MoneySense
If I have $25,000 contribution room left in my RRSP, can I take that all at once plus my regular RRSP contribution of $31,560 for the tax year 2024? Effectively making a contribution of $56,560 to my RRSP?—Lorraine
The rules around RRSP contribution room
As soon as a ta.... More »
What are the taxes on transferring real estate to your kids? Jun 27th
We purchased a condo for our son, who has been using it as his principal residence for over 10 years. He has made improvements, but the title is in our name. We would like to transfer the title to him, as he is now getting married.
How do we determine fair market value in a fluctuating mark.... More »
She's giving her sister a kidney, but didn't know the financial toll - CBC + MORE Jul 13th
She's giving her sister a kidney, but didn't know the financial toll CBC.... More »
Murdochs warn U.K. a delay to Sky-Fox deal could hit inward investment
– theglobeandmail.com
Britain’s media secretary said she was persuaded deal could give Murdochs too much influence over media
Kinder Morgan Canada is facing mounting pressure to detail its plans for the Trans Mountain oil pipeline expansion when it releases its first earnings report Wednesday since going public.
Canada’s new real estate war
– macleans.ca
The Apple Self Storage building on Adelaide street west in Toronto, ON. (Photograph by Cole Garside)The basement, wrote the French philosopher Gaston Bachelard in The Poetics of Space, an architectural treatise, “is first and foremost the dark entity of the house, the one that partakes of subterranean forces. When we dream there, we are in harmony with the irrationality of the depths.”
Imagine what Bachelard might say we dream of when we dream in our self-storage lockers, the rectangular, padlocked, infinitely uniform spaces where we are increasingly stowing our things.
Self-storage is booming in Canada. Americans enjoy more self-storage space per capita than anybody—nine sq. feet—whereas Canadians lag at two. In that great discrepancy, the domestic industry senses room for growth.
Industry insiders are monitoring the development of almost three dozen new sites in and around Toronto. “That’s just over two million sq. feet of new storage,” says Dave Allan, business development manager at Aurora, Ont…
