The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
Mark Carney wants the world's biggest funds to invest billions in Canada. Will they buy in? - Financial Post + MORE Sep 11th
Mark Carney wants the world's biggest funds to invest billions in Canada. Will they buy in? Financial PostForeign money is flooding into Canada. But a closer look reveals a U.S.-driven boom The Globe and MailSome of Canada’s biggest financial players are promising billions of.... More »
Apple's Big Siri AI Reveal: Smart Catalyst for Long-Term Investors or Just Marketing Noise? - The Globe and Mail Jun 10th
Apple's Big Siri AI Reveal: Smart Catalyst for Long-Term Investors or Just Marketing Noise? The Globe and MailApple’s new Siri is a dark horse in the AI race The EconomistApple unveils next generation of Apple Intelligence, Siri AI, and more AppleWhy Apple (AAPL) S.... More »
The new financial roadmap for Gen Z and young Canadians + MORE Jun 19th
Young people don’t need another slew of statistics telling them their financial lives will be different from their parents’ generation. They need a plan.
Education is expensive, homeownership is delayed, careers have evolved. There’s a new set of milestones for financial adulthood, an.... More »
Before you borrow: Navigating back-to-school financial aid in Canada + MORE Jun 26th
Each year, more than half a million Canadians take out student loans to cover tuition, books, and living costs. But according to some recent research, including a study from Royal Bank of Canada (RBC), many students are unprepared for how these loans work and how to manage repayment.
Understandin.... More »
Your American spouse may not want to inherit your TFSA Jun 2nd
Most Canadians assume leaving a tax-free savings account (TFSA) to a spouse is one of the simplest estate-planning decisions they can make. But when that spouse is a U.S. citizen, green card holder, or otherwise subject to U.S. tax filing requirements, inheriting a TFSA can create years of IRS repor.... More »
A tax guide for Canadians with disabilities
– moneysense.ca
It is the understatement of the century to say that being disabled is expensive. Many advocates refer to the added financial burden as the “disability tax”—the extra, unavoidable costs of living with a disability. In Canada, where about 27% of people identify as disabled according to Statistics Canada, those costs can include accessible equipment, suitable housing, and ongoing medical expenses that quickly add up.
Then comes tax season. There’s no shortage of programs available to Canadians who are disabled, including tax credits and savings plans—but navigating them can be both overwhelming and time consuming.
Yannick Lemay, a tax specialist at H&R Block Canada, describes it as “an ocean” of information. “There are federal programs; there’s also provincial programs, provincial credits, depending on where you live. Sometimes even municipalities might have grants or other other specific programs,” Lemay says, “So it’s a lot of information out there…
