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How to Claim Work-From-Home Expenses on Your Taxes + MORE Mar 30th
Working from home during the pandemic has given many Canadians more flexibility and work-life balance—and it might also help them lower their taxes.
According to the Canada Revenue Agency, you can claim home office expenses if you were required by your employer to work remotely due to the.... More »
How financial advisors can help at different life stages Mar 22nd
When it comes to figuring out your finances and planning for the future, working with a pro can make this process easier. Canadians who feel hopeful about their financial future are more likely to be working with a financial professional, according to research by FP Canada.
Depending on you.... More »
Toronto stock index racks up minor gain, as loonie and the price of oil falls + MORE Sep 29th
TORONTO _ Falling energy shares weren’t enough to drag Canada’s main stock market into the red, as BlackBerry’s latest financial report provided some of the lift.
The Toronto Stock Exchange’s S&P/TSX composite index was up 8.59 points to 15,618.25.
The information technol.... More »
Population growth isn’t driving Toronto house prices. So what is? Feb 11th
THE CANADIAN PRESS/Pawel Dwulit
Last summer, in the frankest terms possible, Bank of Canada Governor Stephen Poloz warned home buyers, homeowners, mortgage lenders and the real estate industry that nothing justified Toronto’s skyrocketing house prices. Nothing. Zip. Zilch. Nada.
Toronto did.... More »
Mobilicity gets approval to disburse funds from Rogers deal to creditors + MORE Jun 30th
Court approval allows Rogers to assume startup carrier’s assets free of any claims against it following $465-million deal
.... More »
iShares Expands Its Core ETF Lineup
– CanadianCouchPotato.com
iShares shook up the ETF marketplace last March when it launched its Core family of low-cost ETFs in the major asset classes. This week iShares announced some new additions to its Core lineup, including two broad-market funds that go head-to-head with recently launched ETFs from Vanguard. Let’s take a peek at these compelling new offerings.
Blanket coverage of the US
First up is the iShares Core S&P U.S. Total Market (XUU), which provides exposure to the broad US stock market, including large, mid and small cap stocks.
This is iShares’ answer to the Vanguard U.S. Total Market (VUN), and it comes in five basis points cheaper, with a management fee of just 0.10%. However, the coverage is not quite as complete: VUN holds more than 3,800 stocks, compared with 1,500 for XUU. Although XUU’s benchmark is the S&P Total Market Index (which includes almost 3,900 companies) the fund actually holds three US-listed ETFs that make up the S&P Composite 1500 Index. But we should keep this in perspective: the other 2,300 companies are so small that they collectively make up just 10% of the US market, so one should expect VUN and XUU to perform similarly…
Blanket coverage of the US
First up is the iShares Core S&P U.S. Total Market (XUU), which provides exposure to the broad US stock market, including large, mid and small cap stocks.
This is iShares’ answer to the Vanguard U.S. Total Market (VUN), and it comes in five basis points cheaper, with a management fee of just 0.10%. However, the coverage is not quite as complete: VUN holds more than 3,800 stocks, compared with 1,500 for XUU. Although XUU’s benchmark is the S&P Total Market Index (which includes almost 3,900 companies) the fund actually holds three US-listed ETFs that make up the S&P Composite 1500 Index. But we should keep this in perspective: the other 2,300 companies are so small that they collectively make up just 10% of the US market, so one should expect VUN and XUU to perform similarly…
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
3.5 year – 2.30%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-11-28. Click on the link above to get more details or apply online.
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
