The best high-interest savings accounts in Canada for 2024 May 18th

How to go about securing the best return for your investment in Canada.
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From RRSP to RRIF—managing your investments in retirement Nov 14th

Retirement brings many changes in a person’s life and your investment portfolio is one of them. Tracy Andrade, a wealth adviser and certified financial planner at Marnoa Private Wealth Counsel, says it’s challenging for people to see their savings start to decline as they begin spending .... More »
 financial consultant

How are bonuses taxed in Canada? Feb 13th

If you’re fortunate enough to get a bonus from your employer this year, or if you’ve recently earned a pay bump, how should you spend it?  Maybe that money is already spoken for. Many Canadians are struggling financially right now, so a bonus or salary increase might simply help cover th.... More »

Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse - CBC Jan 14th

Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse  CBCSaks files for bankruptcy, leaving the future of its stores up in the air  Yahoo! Finance CanadaSaks Global files for bankruptcy amid luxury market strains  CNNWhat Does the Sa.... More »
 mutual funds

How is investment income taxed in Canada? Jul 3rd

Ask MoneySense I have a GIC and wondered what if I take out $50,000, how much income tax will I be paying? My financial advisor is not very helpful. –Louise There are tax considerations when you own investments. There may be tax owing when you sell investments. And different investment .... More »
 IPO

Gemini is exiting the Canadian market, plus more crypto news + MORE Oct 9th

Welcome to the Canadian Crypto Observer. In this new monthly column, financial journalist and author Aditya Nain will offer perspective on market-moving headlines to help Canadian investors navigate the cryptocurrency market. Regulators sound a wake-up call to crypto exchanges Gone are the day.... More »

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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.

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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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