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.
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Why are mortgages so expensive in Canada? A look at 2024 and 2025 + MORE Jan 21st
Housing affordability—while still extremely expensive in many of Canada’s major real estate markets—was all over the map in 2024, as central bank interest rate cuts reduced mortgage rates, and a lack of demand in the first half of the year kept a lid on buyer competition.
According to the y.... More »
“Yes, concerts are experiences—and I’m spending my money on them!” Sep 21st
In my previous MoneySense column, I wrote about the power of shifting our spending from acquiring things to spending on experiences as it has been shown to create lasting satisfaction in our lives. Now, let me put that to the test. Here is my real-life personal story that highlights the profound imp.... More »
Erin Bury on quitting a stable job for a risky paycheque, investing in her 20s and more May 12th
Value and planning ahead are important for Erin Bury—as you will read in the interview below. It is what drives her as an entrepreneur (a former PR pro, she is the co-founder and chief executive officer of Willful, an online will platform making estate planning accessible to Canadians). Read on to.... More »
Corporate investments for retirees Feb 15th
I’m not using my Canadian corporate company anymore. I’m 67, delaying CPP and OAS. I have $210K in my company that I need to take out. What is the best way to do this with minimal tax?
My accountant is working with me but really doesn’t think it’s the best strategy. He has a three-y.... More »
Toronto's housing market tightened in March despite falling prices Apr 7th
Toronto's real estate board says it's too hard to say if prices have 'bottomed out,' but sales ticked up in March while new listings fell by double digits..... More »
U.S. firm makes bid for Cogeco, Rogers to get Canadian assets CityNews TorontoAltice USA CEO Dexter Goei on the company’s $8B bid for Cogeco CNBC TelevisionU.S. cable company makes $10.3B bid for Cogeco, would sell Cdn. assets to Rogers Yahoo Canada FinanceRogers and US company bid to purchase Cogeco, Audet family declines offer MobileSyrupU.S. company Altice offers $10.3B bid for Cogeco, makes side deal with Rogers CBC.caView Full coverage on Google News
