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Is AI coming for my job? + MORE May 8th
Nearly two years after ChatGPT asked “Hello! How can I assist you today?”, a majority of Canadians worry the latest wave of artificial intelligence (AI) will replace jobs done by human workers. In a February survey by Leger, 75% of respondents held this view. The overwhelming consensus is that A.... More »
Stock news for investors: Big banks see third-quarter profit growth + MORE Aug 29th
Here’s a round-up of news for Canadian investors this week.
BMO
Scotiabank
RBC
National Bank
EQ Bank
TD
CIBC
Laurentian Bank
Featured RRSP Accounts
featured
EQ Bank
.... More »
The best high-interest savings accounts in Canada for 2025 Feb 18th
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.
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MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
How do the RRSP contribution carry forward rules work? + MORE Jan 17th
If I have $25,000 contribution room left in my RRSP, can I take that all at once plus my regular RRSP contribution of $27,230 for the tax year 2020? Effectively making a contribution of $57,230 to my RRSP?— Lorraine
The rules around RRSP contribution room
As soon as a taxpayer starts t.... More »
The best GIC rates in Canada for 2024 + MORE Nov 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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigat.... More »
Making sense of the markets this week: November 23
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.It’s déjà vu vaccine all over again as we make sense of the markets
This week began, like last week, with some very positive (and welcome) news on the vaccine front. As you may remember, on Mon., Nov. 9, U.S. pharmaceutical company Pfizer announced that their COVID-19 vaccine is 90% effective.
The markets and our collective hope that we’ll get to the other side of the pandemic sooner than later received another shot in the arm. This week, the good news was courtesy of pharmaceutical company Moderna—and they upped the ante, suggesting their vaccine is shown to be 94.5% effective. Not to be outdone, Pfizer came back with updated data to show their vaccine is actually 95% effective.
I like that trend. And so do the stock markets, as this next item suggests:
U.S. stocks get an initial boost, set a new record
U.S. and global stocks hit a record on Mon, Nov…
