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
Is bitcoin a good investment? A guide for Canadian investors Jul 28th
The dramatic rise and spectacular fall of bitcoin prices over the past few months grabbed front-page headlines across the world and touched off a social-media frenzy. Understandably, the crash rattled the crypto sphere. However, dyed-in-the-wool bitcoin bulls are quick to point out the volatility is.... More »
Making sense of the markets this week: October 29, 2023 Oct 28th
Allan Small, Senior Investment Advisor at the Allan Small Financial Group with iA Private Wealth, shares financial headlines and offers context for Canadian investors.
Third quarter earnings are here from tech
Earnings season is here, as technology’s biggest players reported their third quar.... More »
Are your deposits at Canadian financial institutions safe? + MORE Jun 10th
Ask MoneySense
We live in Ontario, and in light of the current banking problems in the U.S., we are a bit concerned about our investments.
They are held at three different banks at the moment and are largely in GICs and high-interest savings accounts.
We are aware that up to $100,000 is insure.... More »
How might inflation impact your retirement plans? + MORE Oct 7th
For retirees and near-retirees, at least five dire possibilities can threaten a long and fruitful retirement: taxes, investment fees, crumbling stock markets, soaring interest rates and inflation.
We can largely control the first two by maximizing the use of tax-effective vehicles like TFSA.... More »
BMO InvestorLine Review: A Premium Canadian Discount Broker Jan 8th
By my count, Canadian investors can choose from at least a dozen discount brokerages to do their self-directed investing. One of the larger brokerages is BMO InvestorLine, the online broker arm of Bank of Montreal, one of Canada’s Big 6 Banks. In this full review, I’ll let you know what to expec.... More »
The Bank of Montreal joined its peers in delivering second-quarter profits that beat expectations as Canada’s Big Five banks earned a collective $10.6 billion — up nearly 11 per cent from a year ago.