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Making sense of the markets this week: May 7, 2023 May 5th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
A big thanks to Diamond Hands Dale Roberts for so ably stepping in to cover the big market news over the last couple of weeks!
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What’s my RRSP contribution limit? Dec 12th
Your RRSP contribution limit is the maximum amount you can add to your registered retirement savings plan each year without triggering penalties. It’s based on your unused RRSP deduction room plus 18% of your previous year’s earned income, up to the annual CRA limit.
Use our RRSP contri.... More »
AI-fuelled scams on the rise as holiday shopping begins Nov 18th
As the holiday shopping season approaches, one expert says there are some scam trends emerging that consumers need to watch out for. Larry Zelvin, the head of the financial crimes unit at BMO Financial Group, said new technologies like artificial intelligence are making fraud harder to detect. “T.... More »
A complete guide to TFSA accounts in 2022 Jan 31st
In 2009, the federal government introduced Tax-Free Savings Accounts (TFSAs). This account quickly became popular with investors since it was another savings vehicle that allowed people to tax-shelter their money. However, the name is misleading, and many people still don’t understand how TFSA.... More »
The best RRSPs in Canada for 2024 + MORE May 23rd
RRSPs
The best RRSPs in Canada
We’ve rounded up the best RRSP rates on savings accounts and GICs, as well as the best RRSP investment accounts.
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Making sense of the markets this week: June 7, 2021
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.Canadians are not ready to return to the office
It may be no surprise that Canadian employees aren’t eager to get back to their offices—at least not in a full time capacity.
This recent poll suggests only 20% of Canadians are missing their business attire, commutes, expensive takeout coffees and packed lunches. From that CTV News post:
“A recent poll by Leger and the Association for Canadian Studies has found that 82% of Canadian respondents who have worked from home during the pandemic have found the experience to be very or somewhat positive, while just 20 per cent want to return to the office every day.
“Only 17% described working from home as somewhat or very negative.”
And, as has been suspected for many months, we might be looking towards hybrid workplaces in the future.
“Almost 60% of those surveyed said they would prefer to return to the office part-time or occasionally, while 19% said they never want to go back…
