Canadian Dividend All-Stars 2024: Past performance + MORE Jan 23rd

How to go about securing the best savings strategy in Canada.

Latest News

The best high-interest savings accounts in Canada for 2025 + MORE Feb 4th

Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »

Students protest cuts to amount of OSAP grants they can receive + MORE Mar 4th

The current proportion of OSAP funding is about 85 per cent grants to 15 per cent loans, but starting this fall students will receive a maximum of 25 per cent of their OSAP funding as grants..... More »

Wealthsimple Cash review 2024 + MORE Jul 16th

Wealthsimple Cash is a high-interest chequing/savings account that offers one of the highest interest rates in Canada. It has appealing yields and includes a prepaid Mastercard with no foreign exchange fee, so many consumers are naturally attracted to the account. Is it any good? The short answ.... More »

The best high-interest savings accounts in Canada for 2024 + MORE Feb 6th

Save The best high-interest savings accounts in Canada for 2024 Here are the accounts offering the highest interest rates and lowest fees. Compare now Tap the button for more details. W.... More »

A wish list for Carney’s fall budget + MORE Oct 22nd

Statistics Canada’s midsummer report on Canadians’ disposable income showed an increase across all income quintiles in the first quarter of 2025, by a healthy average of 6% to 7% for the highest earners and 3.2% for the lowest. That was good news; the increases were above the inflation rate of 2.... More »

Canadian Dividend All-Stars 2024: Past performance

– moneysense.ca

Overview
Top 100 Dividend Stocks
Past Performance
Methodology

Best Dividends in Canada Table of Contents
OverviewTop 100 Dividend StocksMethodology

It’s all very well to recommend a list of dividend stocks, but they’re still equities, right? That means volatility in the market. Their stock values can fall as well as rise, leaving Canadian investors with the possibility of a loss—in the case of dividend stocks, mitigated by their payouts—over the course of the year. The truth is, we can’t tell you for certain what will turn out to be the best picks for 2024. But we can show you how our 2023 selections performed, using the same best dividends methodology.

Featured accounts

What is the CPP enhancement?

– moneysense.ca

The second phase of the Canada Pension Plan (CPP) enhancement program has come into effect as of January 2024, and with it, the final CPP contribution rate increase for most Canadians. In an effort to ensure adequate retirement pensions, this seven-year government initiative involving incremental raises to the contribution rate came into effect in 2019, and it involved incremental raises to the contribution rate.

Now, the second CPP enhancement is introducing an additional “earnings ceiling,” which will affect some middle- and high-income earners. Does that include you? Learn everything you need to know about the CPP enhancement and the 2024 changes in this explainer.

Why are CPP contributions increasing?

The CPP is one of three primary government programs, along with Old Age Security (OAS) and the Guaranteed Income Supplement (GIS), designed to provide Canadians with income to last them throughout retirement. For some workers, this amount is supplemented by an employer-provided defined benefit (DB) plan, which guarantees a certain amount of income for life, while others save for retirement using vehicles like registered retirement savings plans (RRSPs)…

Continue Reading On moneysense.ca »

Getting a great Savings account in Canada can be tricky – let us help! Visit our Savings page for the latest advice and articles.

Share