Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Swiss police say they've caught Canada's Vaulter bandit - The Globe and Mail + MORE Sep 16th
The Globe and MailSwiss police say they've caught Canada's Vaulter banditThe Globe and MailCanada's most notorious bank robber, known as the Vaulter, might have had a past life, as someone known in the United States as the Reebok Bandit. For more than five years, a grey-haired man had.... More »
Warren Buffett Acquires $400 Million of Home Capital Shares + MORE Jun 29th
Warren Buffett, famed American investor and business guru, is coming to the rescue of Home Capital Group Inc., the Canadian alternative mortgage lender that has been in the news for months. Berkshire Hathaway, a subsidiary of Buffett’s company, has indicated it will buy $400 million worth of .... More »
Forgot to File Your Taxes Last Year? What You Need to Know Jun 6th
If filing your taxes before the deadline went over your head this year, procrastinating can only make things worse.
Unlike sales tax, which is a pay-at-the-pump proposition, Canada’s income tax system is based on self-assessment. Make your money, plan your affairs as best you can and then, pay up.... More »
The best Mastercard credit cards in Canada for 2024 + MORE Oct 18th
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Compare Mastercard credit cards available in Canada using our interactive tool below. You can filter cards based on rewards value, annual fees, income requirements and more.
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The best Mastercard credit cards in Canada
Mastercard is one of the .... More »
Introducing KOHO, a unique financial service app Aug 17th
Nowadays, consumers can shop around for the low- or no-fee accounts, competitive interest rates, and additional features they want. And banks aren’t the only ones delivering financial services to Canadians. Fintechs, which integrate technologies into the financial sector, have empowered developers.... More »
A defence of active investing
– moneysense.ca
(Illustration by Sam Island)If you’ve been investing for a while, you’ve seen the stock market do some pretty crazy things. Who can forget the tech boom of the 1990s? Or the devastating market meltdown of 2008-2009?
I respect Mr. Market—the manic-depressive character legendary investor Benjamin Graham used to describe the ever-changing whims of the stock market—but I prefer not to be obligated to always buy what Mr. Market is buying and always sell what Mr. Market is selling. I don’t necessarily want to have most of my Canadian stocks in banks and resource companies just because that’s what the index says I should do. Instead, I would rather try to invest for the long term in companies that provide quality and value at a reasonable price while being diversified by sector. I want to follow my own risk profile in picking investments, rather than implicitly take on the average risk profile of the overall market at that particular moment. That’s why I invest most of my money through skilled advisors and money managers who share this outlook and charge what I regard as reasonable fees…
Willie Sutton Could Have Been a Regulator
– online.wsj.com
A New York contretemps shows how the war on the banks has become a revenue shakedown.
