How to go about securing the best return for your investment in Canada.
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Tesla Stock Is Falling as Trump-Musk Feud Escalates. Where It Goes Next. - Barron's Jul 1st
Tesla Stock Is Falling as Trump-Musk Feud Escalates. Where It Goes Next. Barron'sElon Musk just made his starkest political threat since the election CNNTrump threatens to set Doge on Musk as pair feud again over budget plan BBCElon Musk and Donald Trump are fighting.... More »
What’s my RRSP contribution limit? Dec 12th
Your RRSP contribution limit is the maximum amount you can add to your registered retirement savings plan each year without triggering penalties. It’s based on your unused RRSP deduction room plus 18% of your previous year’s earned income, up to the annual CRA limit.
Use our RRSP contri.... More »
Before you RSVP, do the destination wedding math + MORE Jul 2nd
As destination weddings rise in popularity, guests face a financial dilemma: how to celebrate loved ones without derailing their own financial futures. When the wedding invitation arrives with a picture of a tropical beach or a European castle, it carries an unspoken price tag that can often reach $.... 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 »
Canadians to see lower fees and simpler account transfers + MORE Nov 6th
Ottawa plans to make it easier for Canadians to move their banking and investment accounts in a bid to increase competition and reduce costs for consumers. The government said as part of Tuesday’s federal budget, it will move to eliminate investment and registered account transfer fees, which .... More »
Why are mortgages so expensive in Canada?
– moneysense.ca
Canada’s mortgage market has now absorbed four Bank of Canada (BoC) rate cuts, and house hunters are feeling the effects. The latest housing affordability data compiled by Ratehub.ca finds that lower mortgage rates made it easier to purchase a property in nearly every major Canadian housing market in October—a finding backed by a strong uptick in buying activity, as national home sales rose by 30% last month. (Ratehub Inc. owns both Ratehub.ca and MoneySense.)
The monthly report provides a snapshot of how affordability is evolving in real time across Canada, based on real estate data from the Canadian Real Estate Association (CREA), changing mortgage rates and the mortgage stress test. It measures affordability by determining how much income is needed to qualify for a mortgage for the average-priced home in each market.
The October edition (updated monthly, so bookmark this page) reveals that affordability conditions improved in 12 of the 13 markets studied. This was mainly due to the fact that mortgage rates steadily decreased over the course of the month…
Alberta government names former PM Harper as AIMCo board chair, reappoints three former members – Calgary Herald
– news.google.ca
Alberta government names former PM Harper as AIMCo board chair, reappoints three former members Calgary HeraldStephen Harper appointed chairman of Alberta Investment Management Corporation CBC.caStephen Harper appointed to oversee $160B AIMCo fund Global News TorontoAlberta appoints former prime minister Stephen Harper to chair AIMCo board The Globe and MailStephen Harper named chair of AIMCo, three directors reappointed Financial Post
