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
Why did Silicon Valley Bank fail and is a financial crisis next? - Al Jazeera English + MORE Mar 14th
Why did Silicon Valley Bank fail and is a financial crisis next? Al Jazeera EnglishCanada, other governments hustle to stop Silicon Valley Bank crisis from spreading CBC NewsSilicon Valley Bank Paid Out Bonuses HOURS Before Collapsing & Lobbied For Years To Deregulate .... More »
Should you buy real estate through a corporation? Sep 13th
One of the main tax benefits of Canadian real estate is the ability to claim an unlimited principal residence exemption on the property value appreciation. One exception may be if the land is more than half a hectare (1.24 acres), unless the minimum municipal lot size at the time you purch.... More »
AI chatbots can help with personal finance—if you ask the right questions + MORE Jul 15th
As Canadians increasingly turn to AI chatbots for help with everyday tasks like meal planning, workout routines and even mapping out vacation itineraries, some are also using it to help manage their money.
“It’s a personal financial assistant,” said Martin Dasko, a content creator foc.... More »
This Montreal millennial couple makes $316,000 combined. Monthly child care costs? $203. With an excess in savings, they want to have their second kid. What advice can they get? + MORE Feb 1st
Parents in southern Ontario may think Tommy and Victoria’s $203 monthly daycare budget is a typo, but child-care costs in Quebec are heavily subsidized by the provincial government, Jason Heath, Millennial Money financial adviser writes..... More »
David Miller Certified Financial Planner + MORE Aug 13th
Meet David Miller
David Miller’s specialty is in helping successful Canadian individuals and families uncover and address their investment and financial planning needs on both sides of the border. He is a registered portfolio manager in Alberta, British Columbia, Saskatchewan, Prince Edward Isl.... More »
The scoop: What Canadian investors need to know now
– moneysense.ca
For those who like surprises, the stock markets have not disappointed in 2020. The S&P 500 surged to new heights despite the economy-clenching COVID-19 pandemic powering around the globe, and individual investors’ participation in trading reached a 10-year high during the first half of this year. Still, Canadians have generally remained cautious. Although 77% of us say we invest, nearly half (47%) are saving cash, with millennials most likely to shun the markets (57% are holding savings in cash), according to a BMO RRSP Study conducted by Pollara Strategic Insights.
Why the reticence? If a lack of insight is holding you back from investing, check out The MoneyShow Canada Virtual Expo, Sept. 29 to Oct. 1, 2020. Streamed live to your laptop screen, the show offers:
One-stop access to the best minds in the financial world and the opportunity to learn their insights and strategies—all designed to help you grow your investment portfolio and achieve your long-term financial objectives in any market environment…
