There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
What Does Silicon Valley Bank’s Collapse Mean for Canadians? Mar 25th
The collapse of Silicon Valley Bank, or SVB, earlier this month has been sending shockwaves throughout North America’s tech and banking industries. The lender, based in Santa Clara, Calif., had clients that included start-ups like HR and payment firm Rippling and major tech companies like Roku. It.... More »
6 times when a GIC is a smart investment choice + MORE Mar 13th
A guaranteed investment certificate (GIC) may seem like your grandfather’s kind of savings product. After all, his generation was fond of similar investment tools, like government savings bonds and treasury bills, and benefited from periods where interest rates were high enough to make these low-r.... More »
TFSA contribution room calculator + MORE Mar 4th
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator. Tax-free savings account is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like exchange-tr.... More »
Are your deposits at Canadian financial institutions safe? Mar 21st
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 well are you protected if you have a car accident? Rising deductibles mean your insurance company could get more than you
If you’re awarded a pain and suffering payment of less than $44,000 in Ontario, the money goes to your insurance company and you get nothing. But there are things you can do to protect yourself.