Retirement taxes explained: Withholding, clawbacks, and other surprises Sep 17th
The best GIC rates in Canada for 2026 + MORE Feb 17th
Is VGRO a good investment? What else should I buy? Jun 10th
Canada's largest office REIT cuts payout by 60%, units rise on TSX - Yahoo! Finance Canada + MORE Dec 1st
The best GIC rates in Canada for 2025 + MORE Oct 6th
Making sense of the markets this week: November 17, 2024
– 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.
The Trump effect
A few things have changed in the world since the last time I wrote a Making Sense of the Markets column a couple of weeks ago. Republican control of all three levels of the American federal government (assuming current vote-counting patterns hold) have sent stocks soaring. This week, the S&P 500 zoomed past 6,000 for the first time, the Dow Jones Industrial Average hit 44,000, and even our very own TSX hit an all-time high of 25,000. It turns out that investors really like the idea of uncontested elections, a lack of insurrections at the White House, and the promise of massive tax reductions.
There are many theories about how president-elect Donald J. Trump’s policy promises will affect the markets around the world. With the massive caveat that many of these campaign promises are unlikely to be fully realized, here’s a brief look at the more prominent market news stories to come out of the election:
With Trump as president, Bitcoin could continue to go through the roof due to manic trading behaviour…
The best gas credit cards in Canada for 2024
– moneysense.ca
We break down the top credit cards in the country that’ll help you save at the pump—with either cash back or rewards points.
Top 3 gas credit cards
featured
Best for cash back
CIBC Dividend Visa Infinite Card
Earn 4% cash back on gas and EV charging.
GO TO SITE
Annual Fee:
$120
Interest Rates:
$20…
