She's giving her sister a kidney, but didn't know the financial toll - CBC + MORE Jul 13th
Nvidia forecast shatters estimates as AI boom stays strong - BNN Bloomberg + MORE May 22nd
How to use equity to buy a second home + MORE Dec 6th
Canadian home sales hit four-year August high as fall market heats up + MORE Sep 16th
Why emotional biases may be riskier than market swings + MORE Apr 17th
It 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…
The best gas credit cards in Canada for 2023
– moneysense.ca
Spend
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.
Find my perfect card*
You will be leaving MoneySense. Just close the tab to return.
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…
Making sense of the markets this week: November 19, 2023
– moneysense.ca
Kyle 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…
Buying ETFs in Canada Tool: The MoneySense ETF Screener
– moneysense.ca
It pays to know! Get FREE MoneySense financial tips, news & advice in your inbox.
SUBSCRIBE NOW
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…
The best grocery credit cards in Canada for 2023
– moneysense.ca
Spend
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.
Find my perfect card*
You will be leaving MoneySense. Just close the tab to return.
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
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999…


