Buying ETFs in Canada Tool: The MoneySense ETF Screener + MORE Nov 17th

The “Big Five” Canadian banks offer investment funds and 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). Let’s explore the best place for you to invest.
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She's giving her sister a kidney, but didn't know the financial toll - CBC + MORE Jul 13th

She's giving her sister a kidney, but didn't know the financial toll  CBC.... More »

Nvidia forecast shatters estimates as AI boom stays strong - BNN Bloomberg + MORE May 22nd

Nvidia forecast shatters estimates as AI boom stays strong  BNN BloombergNvidia stock pops 4% after earnings beat forecasts, announcing stock split and dividend hike  Yahoo Canada FinanceNVIDIA Announces Financial Results for First Quarter Fiscal 2025  NVIDIA BlogDow Jo.... More »

How to use equity to buy a second home + MORE Dec 6th

Whether it’s for a cottage, a vacation home or a rental property, using your home’s equity can be an excellent way to buy that second home you’ve been dreaming of.  “Potential buyers may not have the cash they require to pay for an asset like a second home in part or in full,” says.... More »

Canadian home sales hit four-year August high as fall market heats up + MORE Sep 16th

The Canadian Real Estate Association says it recorded the most home sales for August in four years, potentially setting the stage for a hot fall market with more choice for buyers. The association said there were 40,257 home sales across the country last month, up 1.9% from 39,522 in August 2024.... More »
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Why emotional biases may be riskier than market swings + MORE Apr 17th

Investing your money in the stock market can be more emotional than analytical, especially when the markets are volatile. And at times, it can be hard to keep those emotions in check. That’s when behavioural biases start driving investment decisions—moves that are purely based on how youR.... More »
Is Canada in a recession?—and other questions about the economy, answeredIt feels like Canadians have been talking about a recession forever—or at least since the Bank of Canada kicked off a series of 10 interest rate increases in March 2022, two years into the global pandemic. Are we in a recession?

Yes, technically speaking, we are in a recession, said Frances Donald, global chief economist and strategist, multi-asset solutions team, at Manulife Investment Management. She spoke at the 2023 Portfolio Management Association of Canada (PMAC) national conference, which was aptly named “Hard Truths & Soft Landings,” at the Fairmont Royal York in Toronto on Nov. 15. She was the event’s opening speaker, and she didn’t mince words.

Donald spoke about things that aren’t just on the minds of portfolio managers—though we’re thankful they’re thinking about this stuff—but also on all Canadians’ minds: When will interest rates go down? When will inflation level out? When will the Bank of Canada (BoC) start lowering rates instead of hiking them? Why is employment so strong—or is it? She answered these questions and more, along with other speakers including former finance minister Bill Morneau…

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The best gas credit cards in Canada for 2023

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The best gas credit cards in Canada for 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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Credit cardDetailsCIBC Dividend Visa InfiniteBest for cash back on gas• $120 annual fee• 4% cash back on gas and groceries• 2% on dining, daily transit and recurring billsTangerine Money-Back Mastercard*Best for cash back on gas with no fee• No annual fee• 2% cash back on unlimited purchases in two categories, including gas• 2% in up to two other spending categories TD Cash Back Visa Infinite*Best for roadside assistance• $139 annual fee• 3% cash back on gas (up to $15,000 annually)• Complimentary emergency road services through the TD Auto Club Deluxe membershipCanadian Tire Triangle MastercardBest for gas at Canadian Tire• No annual fee• Earn $0…

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Making sense of the markets this week: November 19, 2023Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.

Target shareholders finally avoid slings and arrows

The big headlines in U.S. retail this week centred around Target shares seeing a massive 18% spike, while Walmart shares came down over 8% after Thursday’s earnings announcement. However, we look behind those headlines to the context of those moves to get the real story.

U.S. Retail earnings highlights
All earnings numbers in this section are in USD.

Walmart (WMT/NYSE): Earnings per share of $1.53 (versus $1.52 predicted). Revenue of $160.80 billion (versus $159.72 billion estimate).Home Depot (HD/NYSE): Earnings per share of $3.81 (versus $3.76 predicted). Revenue of $37.71 billion (versus $37.6 billion estimate).Target (TGT/NYSE): Earnings per share of $2.10 (versus $1.48 predicted). Revenue of $25.4 billion (versus $25.24 billion estimate).Macy’s (M/NYSE): Earnings per share of $0…

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If you’re researching ETFs to buy, you’ve come to the right place. Below you will see the tables for different ETF categories, offering ETF options from some of the best ETF providers in Canada. We’ve included some helpful ETF asset class, geography, provider, tickers, as well as one-year return, inception date, management fees, expense ratio, as well as if it’s actively managed, ESG, its strategy, if it contains crypto, as well as returns (ranging from one day to three years), and flows (again, one day to three years). Below that is more information to help you make your choice of which ETF to buy.

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Slide the columns right or left using your fingers or mouse to see even more data, including returns and strategy. You can download the data to your device in Excel, CSV and PDF formats. To reorder the data, tap the header’s arrow you want to compare. The data was provided by ETF Market Canada CBOE on November 17, 2023…

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The best grocery credit cards in Canada for 2023

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The best grocery credit cards in Canada for 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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CardDetailsBest cash back cardScotia Momentum Visa Infinite*• 4% cash back on groceriesBest no-fee cash back cardBMO CashBack Mastercard*• No annual fee• 3% cash back on groceries, up to $500 per monthBest groceries and gas card (tie)CIBC Dividend Visa Infinite • 4% cash back on groceries and gasBest groceries and gas card (tie)Meridian Visa Infinite Cash Back Card• 4% cash back on groceries and gasBest card for shopping at Loblaw banner storesPC Financial World Elite Mastercard* • No annual fee• 30 PC points per $1 at stores under the Loblaw umbrellaBest points cardAmerican Express Cobalt* • 5 points per $1 on groceriesBest points card (runner up)Scotiabank Gold American Express*• 6 Scene+ per $1 spent at stores under the Sobeys umbrella • 5 points per $1 on food subscriptions and purchases at other eligible grocery stores

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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999…

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