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Bob Joyce, financial advisor
– moneysense.ca
Meet Bob Joyce
As a young lad, Bob Joyce received some words of wisdom from his father that clearly resonated with him. He would, on occasion, hear his dad say that we don’t all wear blue suits. When he asked his dad what that meant, he was told that everyone is unique, and we need to recognize that in the people we meet. Joyce didn’t realize it at the time, but that message has guided him ever since.
Joyce has served clients throughout his professional life, first as a Chartered Professional Accountant (CPA) with a specialty in income tax, then as a wealth manager with Canada’s largest full-service investment firm, and now as a Certified Financial Planner (CFP), managing an advice-only, fee-only financial planning practice. He brings this combination of experience and knowledge to each client engagement.
When not working, Joyce and his wife, Sharon, along with their five rescue pets, enjoy life in St. Margaret’s Bay on the South Shore of Nova Scotia, where the beauty of the scenery is exceeded only by the warmth of their neighbours…
The best GIC rates in Canada for 2025
– moneysense.ca
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings of major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.
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Highest GIC rates in Canada
Banks, credit unions, trust companies and discount brokerages all offer GICs. Below, you’ll find the best rates available from a variety of financial institutions, including credit unions and Canada’s Big Six banks. The rates listed are for non-redeemable GICs held in non-registered accounts—the most popular type of GIC in Canada…
Should you set up a corporation with friends to invest?
– moneysense.ca
With a group of 10 friends, we are planning to create a corporation or holdco to purchase real estate property. We are planning to put together $150,000 in the corporation’s name and operate.
The corporation will also generate revenue streams through vending machines, ATM machines, and stuff like that.
Could you please share your opinion on that and advise if there is anything we should consider?
—Gael
Incorporating with friends to invest: What to know
It sounds like you have some interesting investment ideas and a big group of people who may also be on board, Gael.
I will touch on some of the legal, tax and practical considerations in a case like yours for creating a corporation with friends.
Alternatives to corporations
When you run or buy an asset like a rental property, it can have multiple owners. Joint real estate is typically held by spouses, but occasionally, other family members may own real estate together.
There is no requirement to set up a corporation to buy real estate with several owners, Gael…
