Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
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Canada’s best credit cards for gas Dec 6th
Gas costs can be a hefty line item, especially for Canadians with a daily commute or even a hybrid situation—and it’s one that is largely out of our individual control. Using the right credit card when you fill up will earn you a return on your fuel expenses. But which card should you pick? We b.... More »
The best GIC rates in Canada for 2026 Feb 4th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
The best GIC rates in Canada for 2025 + MORE Jan 12th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Sep 25th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Dec 3rd
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
Do you invest too much in Canada?
– moneysense.ca
Canada is the second-largest country in the world. But is there such a thing as too much Canada?
Too much natural beauty, no. Too much poutine, never. Too much snow, yep. Too much Justin Bieber, yes. And too much held in Canadian stocks? Definitely yes.
The Canadian stock market represents less than 4% of the world’s market cap. But most Canadians hold way more than that in their portfolios. And that patriotism could be holding back your performance.
Canadian stocks do not represent the world
You can be the proudest Canadian there is. You can watch Hockey Night in Canada, while drinking a Molson, then binge on Baroness Von Sketch on CBC, and go to sleep listening to the Tragically Hip on shuffle. But when you wake up, please do yourself a favour and reconsider your asset allocation. Here’s why:
Diversification: The Canadian market is teeny tiny compared to the U.S., Europe and Asia, so you don’t have much regional diversification. Our market is also skewed towards two sectors – the banks represent about 35%, and energy is about 20%…
