The “Big Five” Canadian banks 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). Are there other viable options?
Latest News
The best GIC rates in Canada for 2024 Jun 25th
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare highest rates
Why trust us
MoneySense is an award-winning.... More »
Zero Down Mortgages: How to Buy a House with No Down Payment May 12th
There was a time when you could go to the bank and qualify for a mortgage without a down payment. But is that still a thing, and if so, is a zero down payment mortgage even a good idea? I’ll answer that question in this article and provide some different ways to come up with your down payment,.... More »
Investing in Gold: How to Buy Gold in Canada Oct 14th
Have you considered buying gold as a hedge against inflation? Do you want to diversify your investment portfolio by adding gold exposure? Whatever your reasons, it’s never been easier for Canadians to buy gold. In this article, I’ll share three ways to invest in gold and let you know if gold is .... More »
The best high-interest savings accounts in Canada for 2025 + MORE Apr 1st
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.
Advertisement
Why trust us
MoneySense is an.... More »
Making sense of the markets this week: May 29 May 28th
Million Dollar Journey editor and Canadian Financial Summit founder Kyle Prevost shares financial headlines and offers context for Canadian investors.
Banking on boring profits
Consistent, proven business models that take advantage of oligopolistic pricing power are often boring. They don’t .... More »
Best Canadian Renewable Energy Stocks: Earn More While Going Green
– canadianfinanceblog.com
Stock investors look to new asset classes to diversify their portfolios while looking for new growth opportunities. For years, financials (banks) and energy companies like Enbridge or Canada Natural Resources have dominated the Canadian stock market. Lately, investors are paying more attention to companies committed to pleasing shareholders while improving our planet. In this article, I’ll show you some clean energy stocks you might want to consider adding to your portfolio.
What Is a Renewable Energy Stock?
Renewable energy relies on renewable natural resources, like water, wind, solar, ethanol, biodiesel, and tidal to produce energy. Renewable energy stocks are for companies that produce energy using these renewable sources, instead of fossil fuels, like coal or gas. The obvious benefit to using renewable energy is an environmental one – water, solar, and wind energy do not harm the environment and are critical to the long-term sustainability of our planet, especially as global populations continue to rise…
What Is a Renewable Energy Stock?
Renewable energy relies on renewable natural resources, like water, wind, solar, ethanol, biodiesel, and tidal to produce energy. Renewable energy stocks are for companies that produce energy using these renewable sources, instead of fossil fuels, like coal or gas. The obvious benefit to using renewable energy is an environmental one – water, solar, and wind energy do not harm the environment and are critical to the long-term sustainability of our planet, especially as global populations continue to rise…
