How to go about securing the best return for your investment in Canada.
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Who pays tax on cash gifts in Canada? Mar 19th
Ask MoneySense
Is there a tax on cash gifts to children in Ontario?
—Virginia
Tax on gifts and loans to children in Canada
When you give cash to a child, Virginia, there are generally no tax implications for the recipient. They do not have to worry about paying tax on it, no matter where.... More »
Canada begins Storm Fiona cleanup as scale of devastation becomes clear - The Guardian + MORE Sep 28th
Canada begins Storm Fiona cleanup as scale of devastation becomes clear The GuardianN.S. premier blasts telecom companies in wake of Fiona, calls on Ottawa to step in with regulation CBC.caPrime Minister tours storm-hit Newfoundland, pledges $10-million in relief The.... More »
Joe Canavan on what it takes to build lasting wealth + MORE May 7th
Joe Canavan is a Canadian venture capitalist and Principal of Canavan Capital, recently named Angel of the Year by the National Angel Capital Organization. He was an early backer in companies like Wealthsimple, KOHO, and Borrowell, and scaled Fidelity Investment Canada’s assets from $60 million to.... More »
Feds announce one-time $3,000 payment for Ukrainians taking refuge in Canada - CBC News Jun 2nd
Feds announce one-time $3,000 payment for Ukrainians taking refuge in Canada CBC News'I want to see my kids, my wife': More than 300 Ukrainians land in Halifax Thursday CTV News AtlanticUkrainians who fled to Canada will receive financial help from feds in coming days &nbs.... More »
The best GIC rates in Canada for 2026 Jun 1st
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.
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How to be a better investor
– moneysense.ca
For both beginner and experienced investors, focusing on a few basic guidelines can make the difference between good results and great ones. Whether you’re investing in a taxable account or a tax-sheltered account like a registered retirement savings plan (RRSP), doubling down on the basics can help you make better-informed decisions and reach your financial goals faster.
Set clear targets
Instead of vague aspirations like “save more in 2022” or “grow my RRSP,” set specific goals you can quantify and track over time. Once you have a goal, you can break it down into the steps needed to get you where you want to be. If you’d like to max out your tax-free savings account (TFSA) this year, for example, what do you need to put in monthly or weekly to reach $6,000—and could you automate your deposits to help ensure it happens?
Online calculators can help you decide on what’s realistic for you. Explore different contribution rates, return assumptions and time horizons…
