Canadians fear a tougher road to retirement—and plan to help their kids along the way + MORE Feb 14th

How to go about securing the best Retirement Plan in Canada.

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Stock news for investors: Mixed Q4 results with big profit gains for Enbridge, Nutrien, and Cenovus + MORE Feb 21st

Here’s a round-up of news for Canadian investors this week. Enbridge Nutrien Teck Resources Canadian Tire MTY Food Group Cenovus Energy Featured RRSP Accounts featured EQ Bank .... More »

Is AI the ultimate retirement hack? Jun 13th

There’s an interesting new book just published called I Am Not a Robot: My Year Using AI to Do (Almost) Everything. The author is Joanna Stern, who was a personal technology columnist for the Wall Street Journal for 12 years. As the subtitle of her book reveals, she spent a year using ar.... More »

When to consider extra RRIF withdrawals Apr 4th

I am in my 91st year and for my age, in reasonably good health. I drew down a significant extra sum in 2025 from my RRIF. Fortunately, due to some good earlier decisions, my RRIF remains with a very strong market value. I use this drawdown for two purposes: to reinvest in my non-registered accounts.... More »

Segregated funds are no tax panacea + MORE Jun 6th

Ask a Planner I attended a financial planning seminar and the presenter said you’re taxed so high on RRSPs when you die that your kids are only going to get half of it, which I already kind of knew. So, if you put it into these segregated funds, then you don’t pay tax. Should I be doing.... More »

How job changes can affect your taxes + MORE Mar 28th

Landing a new job or being laid off from your current position can be life-changing—whether it’s an exciting transition, a tough stretch or a chance at a fresh start. But months after the dust settles, people often forget that job changes can also impact that year’s tax return. Expe.... More »

Stock news for investors: Q4 results from Manulife, Sun Life, Air Canada, and more

– moneysense.ca

Here’s a round-up of news for Canadian investors this week.

Manulife

Sun Life

Cineplex

Air Canada

Brookfield Corp.

Fortis

Featured RRSP Accounts

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EQ Bank

Build your retirement savings with 1.50% interest, tax-deferred contributions and zero fees.

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Registered GIC rate

Earn a guaranteed 2.75% in your RRSP when you lock in for 1 year.

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See our ranking of the best RRSP accounts and rates available in Canada.

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Canadians fear a tougher road to retirement—and plan to help their kids along the way

– moneysense.ca

Canadians are going into this year’s RRSP season in a somewhat pessimistic mood. Two-thirds say it will be more difficult for them to save and invest for their retirement than it was for their parents, according to BMO’s latest Retirement Survey.

Canadians expect a tougher retirement than their parents

Of all age groups, millennials have the gloomiest outlook, with nearly three quarters (73%) responding that their retirement plans will be harder to fulfill than their parents’. Baby boomers (60%) and Gen Z (61%) were somewhat more optimistic, with Gen X (67%) right at the national average.

Survey respondents weren’t just worried about their own retirements—77% said providing for retirement would be harder for future generations. In fact, almost half (49%) expect to help their children out financially. They feel that support is necessary, even though 83% of those benefactors-to-be anticipate that it will come at the expense of their own standard of living in retirement…

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