The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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The best GIC rates in Canada for 2026 May 26th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
RWRDS Daily Update July 16: Travel sooner with these 12 credit card bonus offers (July update) & early access to Formula 1 Grand Prix du Canada tickets for Amex cardmembers + MORE Jul 17th
Start travelling sooner with these 12 credit card welcome bonus offers (July update), Early access to Formula 1 Grand Prix du Canada tickets for Amex cardmembers. Check out today's points & miles updates here:
The post RWRDS Daily Update July 16: Travel sooner with these 12 credit card bonus of.... More »
What are the best travel points programs for Canadians? This Week in RWRDS September 26, 2025 Sep 27th
This week we look at the 5 best travel rewards points currencies for Canadians, earning Aeroplan points for donations to the Red Cross, changes to the prepaid Wealthsimple Cash Card and much more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This We.... More »
Managing debt to build wealth Aug 21st
It’s an eyebrow-raising trend: non-mortgage delinquencies have reached levels not seen since 2009, according to a report by Equifax, one of the three largest consumer credit reporting agencies. Specifically, 1.4 million people in Canada have recently missed a credit payment.
But it’s no.... More »
The best GIC rates in Canada for 2025 Jul 28th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
RWRDS Daily Update Jan 13: Clarification on Scotiabank credit cards marketed with up to 4x points on Scene+ Travel purchases
– RewardsCanada.ca
Clarification on Scotiabank credit cards marketed with up to 4x points on Scene+ Travel purchases, AIR MILES Card Linked Flash Offer for Best Buy and Catch up on the RWRDS Canada Podcast. Check out today’s points & miles updates here:
The post RWRDS Daily Update Jan 13: Clarification on Scotiabank credit cards marketed with up to 4x points on Scene+ Travel purchases appeared first on Rewards Canada.
The post RWRDS Daily Update Jan 13: Clarification on Scotiabank credit cards marketed with up to 4x points on Scene+ Travel purchases appeared first on Rewards Canada.
How is a non-registered account taxed upon death?
– moneysense.ca
Ask MoneySense
With so much information out there about estate planning with RRSPs and TFSAs, the one thing l find hard to find answers to are [questions] related to investments in a non-registered account in a brokerage. I am trying to draw down my RRSPs and RRIFs in a tax-efficient manner so that there isn’t a large amount of future tax payable on the last surviving spouse.
With so much information out there about estate planning with RRSPs and TFSAs, the one thing l find hard to find answers to are [questions] related to investments in a non-registered account in a brokerage. I am trying to draw down my RRSPs and RRIFs in a tax-efficient manner so that there isn’t a large amount of future tax payable on the last surviving spouse.
It’s my understanding that you cannot name a beneficiary to your non-registered account at a brokerage and that it will have to go through probate and the estate. Am l better off not having such a large amount in a non-registered account at a brokerage? I currently have a total of $450,000 in there. Should l have it in GICs at a bank or credit union and name a beneficiary for them? Should l slowly sell off my stocks to avoid a large tax bill down the road or in the event that l pass away?
—Joe
During their working years, savers tend to focus on tax deferral, especially using registered retirement savings plans (RRSPs)…
