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
Carney going to New York this week to meet with business leaders, court investment - CTV News May 24th
Carney going to New York this week to meet with business leaders, court investment CTV NewsSee more headlines & perspectives on Google News.... More »
The best GIC rates in Canada for 2026 Jul 27th
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 »
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
AUGMENTED WORLD EXPO ANNOUNCES 2026 AUGGIE AWARD WINNERS, BEST IN SHOW AND XR HALL OF FAME LEGENDS - PR Newswire Jun 18th
AUGMENTED WORLD EXPO ANNOUNCES 2026 AUGGIE AWARD WINNERS, BEST IN SHOW AND XR HALL OF FAME LEGENDS PR NewswireSnap unveils $2,195 AR glasses as CEO Evan Spiegel bets on post-smartphone future CNBCIntroducing SPECS Augmented Reality Glasses Snap NewsroomSnap Inc. Debu.... More »
Are women getting the right advice about RESPs?
– moneysense.ca
When my first child was born in early 2011, I wanted to set up a registered education savings plan (RESP) as soon as possible. My husband didn’t have any student debt of his own, but I’d left university with over $40,000 owing on a line of credit—a huge number that I carried into our marriage a year later.
Knowing firsthand what an emotional and financial burden student debt can be, I was determined to give my kids a better post-secondary experience and a solid foundation for their adult lives.
A little over a month after our daughter’s birth, my husband and I headed to our bank with the baby nestled against my body in a fabric wrap. We opened the RESP together, setting up regular contributions from our joint bank account, and felt good about the investment we were making in our child’s future.
Years later, we have two teenagers and a family RESP with a healthy balance, but I have regrets—and zero access to those funds. Here’s why, plus everything you should know before setting up an RESP for your child…
