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The best high-interest savings accounts in Canada for 2025 + MORE Jul 16th
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 trust my advisor or accountant? + MORE Jul 20th
(Martin Barraud/Getty Images)
Q: We seem to be in a financial dilemma. Different perspectives on RRSPs at a time when my husband is retired and I am going to retire. He has a pension, I do not. The accountant is of the opinion that we should start converting our RRSP monies into cash, which is wh.... More »
How to gift an RESP to a child Jan 13th
Q: Can an aunt, uncle or grandparent open an RESP or RRSP for a grandchild, niece, nephew or child as a gift?
—Liz A
A: Giving the gift of investing can be much better than an ugly Christmas sweater. It’s kind of like a gift card that can be redeemed for life experiences like education or re.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Mar 18th
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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Our roundup of the best tax tips for Canadians + MORE Nov 14th
Tax tips are like opinions—everyone has one. But the key is to listen to the ones you can trust. That’s why we rounded up our favourite expert tax advice. Regardless of whether you are doing your taxes yourself, or you have someone do them for you, you will find most of these helpful to your tax.... More »
Conservatives Promise to Expand Home Buyer’s Plan to $35,000
– ratesupermarket.ca
The Conservative government knows home ownership and real estate affordability are top issues facing Canadians – and they’re pulling out the big pre-election guns to appeal specifically to would-be buyers. The latest on the promise platter: a $10-k increase to the maximum Home Buyer’s Plan withdrawal amount to $35,000.
Real estate has become a hot-button election issue. The family home is the biggest asset for most families, so it shouldn’t come as any surprise the Conservatives are trying to woo voters. The Tories have already promised to bring back the Renovation Tax Credit, which would provide a 15 per cent tax credit on renovations between $1,000 and $5,000, saving taxpayers up to $600 a year.
With today’s stratospheric home prices, many first-time buyers have been forced to borrow much of their down payment – often from the bank of mom and dad. The idea behind expanding the Home Buyer’s Plan is it will aid first-time buyers tap into more of their RRSP savings, and avoid taking on debt for their home purchase…
