How to go about securing the best return for your investment in Canada.
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Prince Harry, Meghan thrown cruel insult as King takes strict action - The News International Nov 3rd
Prince Harry, Meghan thrown cruel insult as King takes strict action The News InternationalKing ‘cuts financial ties to disgraced Prince Andrew after refusal to move out of home’ The IndependentPrincess Eugenie and Princess Beatrice dealt inheritance blow over Royal Lodge '.... More »
How to make sure you have enough money to fund your RRIF withdrawals + MORE Apr 16th
After decades of using registered retirement savings plans (RRSPs) to reduce taxable income, it can come as a shock to discover the shoe will one day be on the other foot. At the end of the year you turn 71, you have to either cash out your RRSP (not recommended), annuitize it or convert it into a R.... More »
Buying ETFs in Canada Tool: The MoneySense ETF Screener Jan 2nd
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 retu.... More »
Federal government targets sport participation with $660 million pledge to sport organizations - CBC + MORE Apr 28th
Federal government targets sport participation with $660 million pledge to sport organizations CBCOpinion | ‘It is a great day’: Liberals earmark over $755 million to reshape Canadian sports system in economic update Toronto StarAfter weakest Winter Olympic medal count in y.... More »
Setting expectations important when lending money to loved ones Dec 10th
When a friend or family member asks for money, several thoughts might cross your mind, including whether or not it’s a good idea in the first place. Lending money to close friends or family can be a risky affair. There are chances you may not see that money again, and even worse, it could sour.... More »
OK, Boomer. That phrase evokes images of memes that starkly paint the divide between the generations. But when it comes to money, it turns out Canadians of all ages are on the same page. For the annual MoneySense survey, we asked Canadians to identify their generation and share their thoughts on money—including which generation has it easier with debt. We heard from 3,153 respondents between July 18 and August 23, 2024. Obvious spoiler alert: Everyone is feeling the pinch, and no one thinks Gen Z and Millennials have it easy right now.
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Which generation has the easiest time with debt?
According to the poll, 55.5% of Canadians think that Boomers (born 1946 to 1964) had an easier time with debt, and the Silent Generation (born 1925 to 1945) comes in next at 21.8%. Gen Z (born 1997 to 2009) is at the bottom with 4%, with Millennials (born 1981 to 1996) above at 6.8% and Gen X (born 1965 to 1980) on top at 12%…
