Questrade Review 2023: What matters to Canadian investors + MORE Jun 27th

How to go about securing the best return for your investment in Canada.
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For over 20 years, Questrade has provided Canadian investors with its attractive fees on a full range of assets—including stocks, mutual funds,  ETFs, initial public offerings (IPOs), bonds, and even gold and silver. If you’re shopping around for a discount brokerage, you’ve likely come across Questrade, especially since it’s  among the most popular online brokerages,  and competes with Wealthsimple.

Questrade has a few different offerings aimed at different types of investors in Canada. Questwealth Portfolios—its robo-advisor—caters to first-time investors, those with limited experience or those who simply don’t want to actively manage their investments.  The brokerage service is meant for do-it-yourself (DIY) investors and traders, and it is best suited to those with more investing knowledge and confidence. Among its latest offerings, Questrade also offers mortgages—making its inroad into another sector of the financial services landscape…

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Mallory Greene is modernizing the funeral industry. Greene is the co-founder and CEO of Eirene, which offers end-of-life services—including cremation arrangement and funeral planning—that families can set up online or by phone, 24/7. Greene, who is based in Toronto, is no stranger to the business. Her father is a funeral director, and conversations about death were common in their family home. At Eirene, Greene and her team prioritize compassion, sustainability and affordability. (Eirene is currently available in Alberta, Saskatchewan, Ontario and Nova Scotia.) In 2022, Greene was included in Forbes’ 30 Under 30, a list of entrepreneurs and innovators. We invited her to share her thoughts on money, value and enjoying life.

Who are your finance and investing heroes?

I love Warren Buffett. I don’t geek out on financial markets, but he’s practical with his money and has had great success with patience and focus. He’s created generational wealth with simple investment principles, and I love his commitment to giving back…

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Investing

The best GIC rates in Canada for 2023
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.

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Scan the table below to view GIC interest rates offered by financial institutions across Canada. These are current rates offered by Ratehub partners. You can find information about additional product options below.

Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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If inflation and the high cost of living have affected you or your family, relief is coming. This May, the Cost of Living Act (Bill C-46) passed, putting into motion several key plans to make life more affordable for Canadians—including a new, one-time grocery rebate. If you have questions about the Canada federal budget grocery rebate, including amounts, eligibility and when it will be paid out, read on.

What is the grocery rebate in Canada?

Inflation in Canada hit a significant high of 8.1% in June 2022, raising consumer prices on everything from liquid soap to lumber. And in the past 12 months alone, food prices have increased by 8.9%, a statistic that won’t shock anyone who’s bought lettuce since last summer. That’s where the grocery rebate comes in.

The Canada grocery rebate, introduced in the federal government’s 2023 budget, is a one-time payout to 11 million low- and modest-income Canadians, intended to offer some financial relief to people struggling to make ends meet…

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The best GIC rates in Canada for 2023
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.

Compare now

Tap "Return to top" to come back here.

The rates in the finder tool below are offered by Ratehub partners. Keep scrolling for information about additional product options.

Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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