Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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What to do when your mortgage renewal is declined + MORE Aug 27th
If you have a mortgage, you probably know that you need to renew it every so often—typically every two to five years depending on the term you choose—until you pay it off. What you might not realize, however, is that your lender is under no obligation to renew that mortgage contract when your te.... More »
How to buy Stellar / XLM in Canada Nov 18th
Since the cryptocurrency market crash in May, smaller altcoins have been steadily stealing the march on leading digital coins. Altcoins’ relatively faster rise in value, compared to crypto heavyweights like bitcoin and ether, has sparked dramatic investor interest in some lesser-known tokens over .... More »
The 11 best travel credit cards in Canada for August 2023 + MORE Aug 25th
Credit Cards
The 11 best travel credit cards in Canada for August 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
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The best GIC rates in Canada for 2024 May 28th
Investing
The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Find the best rate
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Housing affordability: What happens when lower home prices take on higher borrowing costs? Sep 6th
Canadian home prices are falling. Borrowing costs are increasing at an incredible rate. It’s the battle royale of home ownership affordability: Will wannabe home owners benefit from the real estate market correction, or will their dreams be crushed by the rising mortgage costs that are causing it?.... More »
Is bitcoin a good investment? A guide for Canadian investors
– moneysense.ca
The dramatic rise and spectacular fall of bitcoin prices over the past few months grabbed front-page headlines across the world and touched off a social-media frenzy. Understandably, the crash rattled the crypto sphere. However, dyed-in-the-wool bitcoin bulls are quick to point out the volatility is not a bug but a feature of the world’s biggest and best-known cryptocurrency.
Bitcoin is arguably the most polarizing investment asset today. It has skeptics such as central banks and the larger global financial system in one camp, and high-profile cheerleaders including such tycoons as Elon Musk, Jack Dorsey and Mark Cuban in the other. Recently, some skeptics and fence-sitters—particularly the large U.S. financial institutions and payment processors—appear to be caving, with many jumping on the bitcoin bandwagon with various crypto considerations.
Even bitcoin’s recent swoon—cratering 50% from the year’s above-$64,000 high in April 2021—couldn’t dampen crypto enthusiasts’ optimism…
Bitcoin is arguably the most polarizing investment asset today. It has skeptics such as central banks and the larger global financial system in one camp, and high-profile cheerleaders including such tycoons as Elon Musk, Jack Dorsey and Mark Cuban in the other. Recently, some skeptics and fence-sitters—particularly the large U.S. financial institutions and payment processors—appear to be caving, with many jumping on the bitcoin bandwagon with various crypto considerations.
Even bitcoin’s recent swoon—cratering 50% from the year’s above-$64,000 high in April 2021—couldn’t dampen crypto enthusiasts’ optimism…
