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Compare the Best Savings Accounts in Canada + MORE Nov 25th
How to use this tool: You can simply scan the savings account comparison table below to view interest rates offered by financial institutions across Canada. Or, input your estimated account balance and compare between high-interest savings accounts (HISA), tax-free savings accounts (TFSA), registere.... More »
In Your Corner: My house is my retirement plan. Am I doomed? + MORE Aug 24th
Owning a home is a great investment but we all should have other investments socked away for retirement — ideally inside a Registered Retirement Savings Plan (RRSP), says this week’s expert..... More »
Can you make a transfer from an RESP to a spouse’s RRSP? Sep 1st
Q. I have an RESP account that I plan to wind down—and I have very little RRSP contribution room, but my wife has quite a lot. I just read this article you wrote for MoneySense about transferring money from an RESP to an RRSP. I thought it was permissible for a subscriber (that would be me in this.... More »
What to do when you overcontribute to your RRSP + MORE Jun 22nd
Ask MoneySense
I overcontributed to my RRSP by accident, and I am looking for some advice on how to deal with it. I contributed $3,550 to my 2022 RRSP in October 2022. I then forgot I made this contribution and again in February 2023 I made a $3,550 contribution.
What options to I have to address.... More »
Stock news for investors: Rogers posts loss, Teck profit surges Jul 25th
Here’s a round-up of news for Canadian investors this week.
Rogers
Teck
Scotiabank
Sleep Country
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savings with 1.... More »
CPPIB grows presence in Hong Kong logistics real estate with Goodman partnership
– canadianbusiness.com
TORONTO _ The Canada Pension Plan Investment Board is investing $320 million in a partnership with more than a dozen modern logistics properties in Hong Kong.
The Goodman Hong Kong Logistics Partnership, created in 2006, has assets worth about C$4.7 billion including a 50 per cent interest in Goodman Interlink _ which is co-owned by CPPIB.
Jimmy Phua, CPPIB’s head of real estate investments in Asia, said in a statement Thursday the pension fund manager wants to increase its exposure to the growing logistics sector.
He added that e-commerce will drive growth in the logistics sector “and Hong Kong is in a prime geographic position to benefit as more players enter the market.”
CPPIB invests funds for the Canada Pension Plan. As of Sept. 30, the CPP Fund had $328.2 billion under management.
The post CPPIB grows presence in Hong Kong logistics real estate with Goodman partnership appeared first on Canadian Business – Your Source For Business News.
The Goodman Hong Kong Logistics Partnership, created in 2006, has assets worth about C$4.7 billion including a 50 per cent interest in Goodman Interlink _ which is co-owned by CPPIB.
Jimmy Phua, CPPIB’s head of real estate investments in Asia, said in a statement Thursday the pension fund manager wants to increase its exposure to the growing logistics sector.
He added that e-commerce will drive growth in the logistics sector “and Hong Kong is in a prime geographic position to benefit as more players enter the market.”
CPPIB invests funds for the Canada Pension Plan. As of Sept. 30, the CPP Fund had $328.2 billion under management.
The post CPPIB grows presence in Hong Kong logistics real estate with Goodman partnership appeared first on Canadian Business – Your Source For Business News.
The danger of expecting too much from the market
– moneysense.ca
When it comes time to harvest what you’ve invested, make sure your plans were reasonable or you’ll be disappointed.What sort of return are you expecting in 2018 and beyond? In the summer, the Financial Planning Standards Council (FPSC) and Institut Quebecois de Planification Financiere (IQPF) released an update on their projection assumption guidelines.
While these numbers do not tend to jump around a lot, they present a great opportunity to discuss the discrepancies between what the main Canadian planning organizations are recommending, what you might thinking and what some expert practitioners are actually recommending. The differences are stark.
Most people I talk to who do retirement planning projections use numbers that are markedly higher than what is being recommended. Given that it is nearly impossible to reliably determine which numbers most people are using, I’ll begin with a disclaimer that what follows are reasonable guesses based on various conversations with the people who actually do projections for their clients…
