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Ford government threatens to take control of real estate watchdog as realtors call for answers - CTV News Aug 31st
Ford government threatens to take control of real estate watchdog as realtors call for answers CTV NewsCanada’s largest private landlord often dramatically increases eviction applications after acquiring buildings, study finds Toronto StarOntario real estate agency has accoun.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Jun 9th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Should I stay or should I go: The real costs of moving out of the city + MORE Oct 15th
Like any good urban legend, there’s always a friend of a friend who traded in their paper-thin, 400-square-foot apartment for a dirt-cheap dream house in an idyllic town.
And as the pandemic goes on, the lack of cultural events, limitations to restaurant dining and public transit, and ever-crowd.... More »
5 phishing scams targeting young Canadians (and how not to fall for them) + MORE Apr 17th
Young Canadians aged 18 to 34 report that, despite being raised in the digital era—where smartphones were toys before they could even talk—they are now the target of online fraudsters. And, nearly one-third of have taken the bait.
With 41% of scams happening on dating and social apps, why a.... More »
Can you change your mind about taking CPP early? Aug 4th
Q. I am 62 years, 10 months of age, and still working but plan to retire (early) at the end of November 2021 with an unreduced employer pension.
I have been collecting CPP for 28 months because I needed the extra money at the time, but I am in a better financial position now.
Can I ask to stop col.... More »
CTV NewsNumber of houses sold over 3 mln Canadian dollars up 31 pct in 2014XinhuaVANCOUVER, Jan. 20 (Xinhua) — A record number of homes were sold for more than 3 million CAD (2.5 million U.S. dollars) in Vancouver and its surrounding cities in 2014, up 31 percent from 2013, Vancouver's major real estate company Macdonald Realty …Metro Detroit housing ranked as most affordableThe Detroit NewsVancouver's housing affordability is now the worst it's ever beenMoneySenseVancouver's housing market second most unaffordable in the world: studyWinnipeg Free PressCBC.ca -mysask.comall 61 news articles »
Oil patch turns into the survival of the fittest
– theglobeandmail.com
The energy sector presents a good buying opportunity, but there’s no guarantee your chosen stock will hang on until oil prices recover
Netflix Inc. added 13 million worldwide subscribers last year, including 4.3 million during the final three months, according to figures released Tuesday in the company’s fourth-quarter earnings report. The performance marked Netflix’s biggest quarter of subscriber gains ever, eclipsing the 4.07 million added in the final three months of 2013.
New Year, New TFSA Room, Great Investment Ideas Here
– myownadvisor.ca
Learn, save, invest and prosper by subscribing to My Own Advisor.
Get excited savers! A new year means more Tax Free Savings Account (TFSA) contribution room. Here are a few facts about the TFSA and how you can benefit from this magical account.
TFSA 101
The Tax-Free Savings Account (TFSA) is a flexible, registered, general-purpose savings account* that allows Canadians to earn tax-free investment income. The TFSA complements existing registered savings plans like the Registered Retirement Savings Plan (RRSP) and the Registered Education Savings Plan (RESP).
How the TFSA works:
Get excited savers! A new year means more Tax Free Savings Account (TFSA) contribution room. Here are a few facts about the TFSA and how you can benefit from this magical account.
TFSA 101
The Tax-Free Savings Account (TFSA) is a flexible, registered, general-purpose savings account* that allows Canadians to earn tax-free investment income. The TFSA complements existing registered savings plans like the Registered Retirement Savings Plan (RRSP) and the Registered Education Savings Plan (RESP).
How the TFSA works:
As of January 1, 2013, Canadian residents, age 18 and older, can contribute up to $5,500 annually to a TFSA. This was a hike from the annual contribution limit of $5,000 for 2009 through 2012.
Investment income earned in a TFSA is tax-free.
Withdrawals from a TFSA are tax-free.
Unused TFSA contribution room is carried forward and accumulates in future years – hence, Happy New Year!
Full amount withdrawals can be put back into the TFSA in future years…
Taking ETF Trades to the Next Level
– CanadianCouchPotato.com
Experienced investors know the theory: ETFs are supposed to trade very close to their net asset value (NAV). And most of the time they do. But this week my PWL Capital colleague Justin Bender and I encountered a glaring exception that could have had expensive consequences.On Monday, Justin and I wanted to sell the iShares US Dividend Growers Index ETF (CUD) in a client’s account. It was a large trade: more than 5,000 shares, which worked out to over $160,000. As we always do before making such a trade, we got a Level 2 quote, which reveals the entire order book. In other words, it tells you how many shares are being offered on the exchange for purchase or sale at various prices. By contrast, a Level 1 quote—the type normally available through discount brokerages—only tells you how many shares are available at the best bid and ask prices.
If an ETF’s market maker is doing its job, there should be thousands of shares available at the best price. But we were surprised to find the Level 2 quote looked like this:
Source: Thomson ONE
Let’s unpack this…
