There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
Retiring without a pension? How to generate retirement income in Canada + MORE Jun 1st
There once was a time when retirement planning was relatively straightforward for most Canadians. You put in the years at work and then, somewhere around your 65th birthday, your employer and co-workers sent you off into retirement with a small celebration, maybe a gift or two, and a reasonable, pre.... More »
The best GIC rates in Canada for 2024 Sep 3rd
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 »
Banking regulator takes permanent control of Silicon Valley Bank's Canadian assets - CBC.ca Mar 15th
Banking regulator takes permanent control of Silicon Valley Bank's Canadian assets CBC.caSVB collapse: Could bank failures happen in Canada? CTV NewsOur bank deposits are safe, that is really important: Allianz's Mohamed El-Erian CNBC TelevisionOpinion | In the Silic.... More »
The best GIC rates in Canada for 2024 + MORE Nov 18th
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 »
Powell: If economy does as expected with think carefully cutting rates to begin this year - ForexLive + MORE Mar 7th
Powell: If economy does as expected with think carefully cutting rates to begin this year ForexLiveAt the open: North American stock markets start higher ahead of Powell's testimony The Globe and MailWatch Fed Chair Powell testify live before Senate Banking Committee .... More »
What newcomers need to know about investing in Canada
– moneysense.ca
Canada is a beautiful, diverse country—maybe that’s why you immigrated here. But as a newcomer, you also need to know about the rising cost of living and the high income tax rate (up to a 54% marginal tax rate for high income earners). Today’s inflationary environment—with steep increases in housing and energy prices—isn’t helping. For example, Swiss investment bank UBS recently ranked Toronto as the world’s biggest real estate bubble. Vancouver is also among the top 10.
Thankfully, it’s not all doom and gloom. Canada has broad, deep, well-regulated financial markets for investors to explore. Newcomers are often pleasantly surprised to learn they also have easy access to U.S. markets when investing here in Canada. With sufficient investment knowledge and diligent planning, it’s possible to beat inflation and create long-term wealth. But doing this involves knowing how to:
Maximize returns.Optimize investment taxes.Reduce your investment fees.
Here’s how newcomers can achieve these aims…
