Federal government targets sport participation with $660 million pledge to sport organizations – CBC + MORE Apr 28th

How to go about securing the best return for your investment in Canada.
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How to get back into emerging markets using ETFs + MORE May 6th

There is nothing like recency bias to get investors rethinking their portfolios. For Canadian investors, that historically meant an overweight to U.S. equities, usually at the expense of international exposure, whether developed or emerging markets. Part of this comes down to experience. Many you.... More »

PM Carney’s cabinet huddles in Banff as trade war intensifies - CTV News + MORE Sep 10th

PM Carney’s cabinet huddles in Banff as trade war intensifies  CTV NewsCarney convenes inner circle with Canada-U.S. trade war at fever pitch. Live updates here.  CTV NewsTrade war, Alberta referendum loom large as Carney charts cabinet’s year forward  Radio-CanadaC.... More »

What happens to an RESP when a family moves to the U.S.? + MORE May 8th

It’s a familiar story: a family builds their life in Vancouver, does all the right things, opens a registered education savings plan (RESP), contributes diligently, and collects the Canada Education Savings Grant (CESG). Then, an opportunity arises south of the border—a job offer, a lifestyl.... More »

The best GIC rates in Canada for 2026 May 4th

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 »
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Don’t get taken in by event ticket scams Jun 29th

At long last, the FIFA World Cup has kicked off in cities across North America. If you’re not fazed by single-ticket prices in the four figures, may we offer a word of caution: stalwart footy fans are not the only ones attracted to events like this. So are scam artists.  Cyber-criminals lo.... More »
Federal government targets sport participation with $660 million pledge to sport organizations  CBCOpinion | ‘It is a great day’: Liberals earmark over $755 million to reshape Canadian sports system in economic update  Toronto StarAfter weakest Winter Olympic medal count in years, Ottawa ups sport funding  Global NewsCanada gets its Olympic funding from the federal government, and with it, the pressure for results  The Globe and MailCOC and CPC applaud generational investment in Canadian sport system  Swimming Canada

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Ask MoneySense
I called two prominent, fee-only financial planning firms that don’t sell investments because I want a financial plan, and they both turned me away. They said they couldn’t help me because I don’t know what I want. I’m not sure what to do. I want a plan, but I don’t have any real goals. How do I get a plan if I don’t know what I want?   

—Susan

Hi Susan. It is too bad they couldn’t help you. Don’t give up. Not having set goals should not stop you from having a financial plan. I am sure the firms you spoke to are very good and it may just be that their approach to planning is better suited to people with goals. The problem is there are a lot of people without well-defined goals.

For financial planners, it is easier to prepare a plan for people with specific goals or facing a financial decision. They want answers to questions like: When can I retire? When should I start Canada Pension Plan and Old Age Security? Should I draw from my holding company or registered retirement income fund (RRIF)? With these questions, the plan becomes a math problem easily solved by a competent planner…

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