The “Big Five” Canadian banks offer investment funds 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). Let’s explore the best place for you to invest.
Latest News
RECO registrar loses job in wake of iPro Realty scandal - Toronto Star Aug 22nd
RECO registrar loses job in wake of iPro Realty scandal Toronto StarOfficial from Ontario’s real estate regulator leaves post after collapse of iPro Realty The Globe and Mail2.4K Ontario real estate agents out of work after agency ordered to close: RECO Global News.... More »
Stock news for investors: Air Canada Q3 profit plunges to as strike weighs on results Nov 7th
Here’s a round-up of news for Canadian investors this week.
Air Canada
Fortis
Thomson Reuters
Suncor
Cameco
Maple Leaf Foods
Sun Life Financial
Cineplex
Corus Entertainment
Xanadu Quantum Technologies
Featured RRSP Accounts
.... More »
Old-school financial advice that no longer applies Feb 12th
Buying a starter home, living on one income and staying in the same job for 40 years—life was very different for older generations and many young people have realized what worked for their parents doesn’t necessarily work in today’s modern world.
As younger Canadians continue to fac.... More »
Joe Canavan on what it takes to build lasting wealth + MORE May 7th
Joe Canavan is a Canadian venture capitalist and Principal of Canavan Capital, recently named Angel of the Year by the National Angel Capital Organization. He was an early backer in companies like Wealthsimple, KOHO, and Borrowell, and scaled Fidelity Investment Canada’s assets from $60 million to.... More »
Stock news for investors: Q4 results from Manulife, Sun Life, Air Canada, and more Feb 13th
Here’s a round-up of news for Canadian investors this week.
Manulife
Sun Life
Cineplex
Air Canada
Brookfield Corp.
Fortis
Featured RRSP Accounts
featured
EQ Bank
Build.... More »
How the Liberals’ re-election impacts RRIFs, taxes and more
– moneysense.ca
The Liberals held on to power in the recent federal election, and this has tax implications for Canada’s seniors and other taxpayers—in particular, for retirees and their strategies for their registered retirement income fund (RRIF) this year and possibly in the future.
Reduced RRIF minimum withdrawals
The Liberals’ primary RRIF proposal is to decrease the minimum withdrawal that is required for 2025. The party announced on April 7, 2025, its intention to “protect retirement savings by reducing the minimum amount that must be withdrawn from a Registered Retirement Income Fund (RRIF) by 25% for one year. This will allow Canadian seniors more flexibility in choosing when to draw from their retirement savings.”
This proposal was made in response to U.S. tariffs, which have created economic uncertainty and triggered stock market volatility in recent weeks. Reducing RRIF minimum withdrawals is a measure to “help Canadian seniors and retirement savings weather this storm…
