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
Constellation Energy Stock Surges on Deal to Buy Calpine - Barron's Jan 10th
Constellation Energy Stock Surges on Deal to Buy Calpine Barron'sCPPIB sells stake in U.S. energy producer Calpine The Globe and MailConstellation Energy Jumps On $26 Billion Deal. But There's Risk. Investor's Business DailyCPP Investments to Sell Stake in Calpine Co.... More »
Making sense of the markets this week: January 1, 2023 + MORE Dec 30th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines of the week and offers context for Canadian investors.
Before looking ahead to 2023, I just want to give a big “Thank you” to writer Dale Roberts and our editorial team, inc.... More »
Tesla shares plunge 12% as investors wary of Elon Musk's Twitter plan - CBC News + MORE Apr 26th
Tesla shares plunge 12% as investors wary of Elon Musk's Twitter plan CBC NewsTesla Is on Pace to Lose $100 Billion in One Day BNNTesla loses $126 billion in one day Financial PostTesla Stock Drop Wipes Out $126 Billion in One Day Yahoo FinanceWhy Elon Mus.... More »
Fewer Canadian drivers planning to buy an EV or hybrid Nov 28th
A new survey finds fewer drivers intend to make their next car purchase an electric vehicle.
EY’s Mobility Consumer Index report shows overall intentions among survey respondents to buy a new vehicle were up 6% compared with last year. But fewer of them are leaning toward buying an EV.
Inten.... More »
How much credit card debt does the average Canadian have? Sep 22nd
As the country re-opens after COVID-related restrictions, Canadians are faced with a worrying financial picture. Many have moved, others are looking to travel, and the cost of living is ballooning with unusual rates of inflation. Meanwhile, the Bank of Canada (BoC) rate hikes designed to curb these .... More »
Making sense of the markets this week: July 12
– moneysense.ca
This is the first installment of a new column. Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
With age comes…less financial stress?
FP Canada, a national organization that seeks to hold financial planners accountable to investors, released its 2020 Financial Stress Index. The report found that as Canadians age, they feel less stressed about money—with 44% of 18- to 34-year-olds listing money as their leading concern, compared to 25% of those aged 65 and older.
The survey asked Canadians about life pressures due to personal finance issues.
Not surprisingly, respondents ID’d money as the number one source of stress (or, to be more specific, one might assume not having enough money in this time of crisis).
The top stressors:
With age comes…less financial stress?
FP Canada, a national organization that seeks to hold financial planners accountable to investors, released its 2020 Financial Stress Index. The report found that as Canadians age, they feel less stressed about money—with 44% of 18- to 34-year-olds listing money as their leading concern, compared to 25% of those aged 65 and older.
The survey asked Canadians about life pressures due to personal finance issues.
Not surprisingly, respondents ID’d money as the number one source of stress (or, to be more specific, one might assume not having enough money in this time of crisis).
The top stressors:
Money (38%)
Personal health (25%)
Work (21%)
Relationships (16%)
Four out of 10 Canadians (40%) said the COVID-19 pandemic has impacted their financial stress levels to any degree, while one in 10 (10%) said the pandemic has significantly impacted their financial stress levels…
