How to build a couch potato portfolio + MORE Sep 3rd
Stock news for investors: Laurentian bank and BRP Jun 5th
What happens to an RESP when a family moves to the U.S.? + MORE May 8th
Best robo-advisors in Canada for 2026 + MORE Feb 11th
Improbable Leverages Improved Financial Profile to Drive Innovation in AI, the Metaverse, and Web3 Through Venture Building - Financial Post Jan 22nd
Can you use the FHSA and HBP together?
– moneysense.ca
One recently introduced investment option is the first home savings account (FHSA), a tax-free registered account that’s designed to help first-time home buyers save for a down payment. An account holder can contribute up to $8,000 per year to an FHSA, up to a lifetime maximum of $40,000 (double that if you’re part of a couple and you’re both first-time home buyers). As long as these funds are eventually used to purchase your first home, deposits and withdrawals are tax-free. (Most registered accounts allow for one or the other, but the FHSA allows for tax sheltering on contributions and withdrawals.) This includes any income earned from interest, dividends or capital gains…
Sister activism: Nuns push for change through stock investments
– moneysense.ca
Among corporate America’s most persistent shareholder activists are 80 nuns in a monastery outside Kansas City.
Nestled amid rolling farmland, the Benedictine sisters of Mount St. Scholastica have taken on the likes of Google, Target and Citigroup—calling on major companies to do everything from AI oversight to measuring pesticides to respecting the rights of Indigenous people.
“Some of these companies, they just really hate us,” said Sister Barbara McCracken, who leads the nuns’ corporate responsibility program. “Because we’re small, we’re just like a little fly in the ointment trying to irritate them.”
Sisters choose companies that align with religious ideals—and some that don’t
At a time when activist investing has become politically polarized, these nuns are no strangers to making a statement. Recently they went viral for denouncing the commencement speech of Kansas City Chiefs kicker Harrison Butker at the nearby college they cofounded.
When Butker suggested the women graduates of Benedictine College would most cherish their roles as wives and mothers, the nuns—who are noticeably neither wives nor mothers—expressed concern with “the assertion that being a homemaker is the highest calling for a woman…
