How to stake Cardano (ADA) in Canada + MORE Nov 12th

How to go about securing the best policy for your insurance in Canada.
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If my home is destroyed, will insurance cover its full replacement cost? Feb 20th

If you live in an area susceptible to flooding or other natural disasters, experts say, you should double-check that your insurance policy covers your home’s full replacement cost.... More »
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Making sense of the markets this week: June 18, 2023 + MORE Jun 17th

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors. The U.S. Fed pauses rate hikes—for now On Wednesday, the U.S. Federal Reserve decided to pause raising interest rates after 10 co.... More »

7 disability insurance myths to stop believing + MORE Sep 25th

Disability insurance can be a tricky topic, and misinformation is common. Luckily, insurEye, a Canadian insurance education site, has compiled a list of more than 100 disability myths that need busting. We’ve picked seven that we think are most prevalent. Get personalized quotes from Canad.... More »

How Small Businesses Can Stay Safe Against Cyberattacks + MORE Oct 19th

Today’s cyber thieves aren’t lone hackers working from their basements. Cybercrime increasingly has become full-fledged enterprises, complete with CFOs, HR teams and research and development budgets—and this “professionalization” of cybercrime presents a growing risk for small businesses, .... More »
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Your FHSA timeline: What to invest in and when Nov 29th

Before you make an offer to buy your first home, you’ll have to determine your budget and save up enough money for a down payment (typically about 20% of the home’s value). That’s probably going to be a good chunk of change—Canada’s housing market is expensive, and if you put down less tha.... More »
Canada’s best credit cards 2022

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Best cash back credit cards in Canada for 2022
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Canada’s best credit cards 2022

By Barry Choi, Julie Cazzin and Keph Senett on  November 10, 2022

Finding the right credit card could save you hundreds, if not thousands, of dollars a year. Whether you’re looking for lower fees, more rewards or simply valuable perks like travel medical insurance or rental car savings, every dollar counts. If you use your credit card wisely, pay off your balance monthly and find the right rewards program for you, and you are sure to come out ahead. There’s a slew of credit card options out there, and it can be challenging to find the best deal—but this list of best credit cards in Canada is here to help…

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Canada’s best no-fee credit cards 2022

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Best cash back credit cards in Canada for 2022
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.

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Canada’s best no-fee credit cards 2022

By Sandra MacGregor on  November 11, 2022

Some of the best things in life are free—so why should you expect any different from your credit card? Canada has an impressive array of no-fee credit cards that don’t charge cardholders an annual fee, while also delivering respectable rewards like cash back and travel points. Many of these no-fee cards also boast attractive extras like solid welcome bonuses, no foreign transaction fees and useful travel insurance. Individuals who don’t always pay off their balance every month will be happy that a few of these cards even feature a standard low interest rate or an attractive balance transfer promo…

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Like other cryptocurrencies, ADA, the native coin of the Cardano blockchain, has been in a bear market since October 2021—meaning a recent pattern of price declines. Despite this downturn in crypto prices, Cardano seems to be a strong player among the public blockchains that offer smart contract functionality. (Smart contracts are automated digital agreements, written in code, for transactions between different parties.)

Because of a dedicated community of developers and supporters, ADA is regularly among the top 10 cryptocurrencies by market capitalization; as of November 2022, it’s the eighth-largest, with a market cap of nearly USD$12.8 billion.

Investors who hold this crypto coin have another route to potential gains: staking their ADA, which earns an estimated 4% to 6% annual percentage yield (APY) as a reward. It’s like putting money in a high-interest savings account and earning interest—except that staking rewards are not guaranteed, not paid in dollars and not protected by the Canada Deposit Insurance Corporation (CDIC)…

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