All about Canadian investments. Learn the ins and outs and get the latest news.
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The best GIC rates in Canada for 2026 May 19th
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 »
Toys 'R' Us Canada files for creditor protection - CBC Feb 4th
Toys 'R' Us Canada files for creditor protection CBCToronto Toys “R” Us closure highlights Canada’s shrinking big-box toy retail scene NOW TorontoToys “R” Us Canada facing another lawsuit from landlord claiming it’s owed rent - Toronto Global NewsTOYS "R".... More »
A simple guide to investing your first $500 Jan 22nd
For many young Canadians, the barrier to entry for investing feels impossibly high. Between student loans, rising rent, and the cost of living, scraping together a starter fund can seem daunting. Yet, as little as $500 to $1,000 is sufficient enough to begin building the habits that create long-ter.... More »
Financial reality check: 5 money rules Gen Z should retire + MORE Dec 18th
A new poll revealed that a quarter of Canadians feel the financial advice they inherited from older generations no longer applies in 2025. For Gen Z, that number jumps to 34%. And for big-ticket purchases, the gap is even bigger: almost half of 18 to 34 year olds say traditional home-buying advice n.... More »
Moving to the U.S.? Don’t rush to convert your Canadian portfolio Jun 29th
For many Canadians relocating to the United States, one of the first financial questions that surfaces is whether they should convert their Canadian investments into U.S. dollars. The answer is usually no, and acting too quickly can cost you more than you might expect.
The instinct to “go A.... More »
From RRSP to RRIF—managing your investments in retirement
– moneysense.ca
Retirement brings many changes in a person’s life and your investment portfolio is one of them. Tracy Andrade, a wealth adviser and certified financial planner at Marnoa Private Wealth Counsel, says it’s challenging for people to see their savings start to decline as they begin spending their nest egg. “That’s the biggest mental mind shift that people have to kind of think about when they’re heading into retirement,” she says. “It’s hard to see your balance go down.”
When the time comes, RRSP, or registered retirement savings plan accounts, are converted to RRIF, or registered retirement income fund accounts, a change that needs to be made by the end of the year that you turn 71.
Shifting your portfolio for RRIF withdrawals
You can hold the same investments in a RRIF as you hold in an RRSP, but you won’t be able to continue making fresh contributions like you did before the conversion. Rather, the opposite will be the case…
