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
Wealthsimple review 2025 Jun 12th
Since launching in 2014, Wealthsimple has developed a strong reputation for offering online, easy-to-use, low-fee financial services. It’s come a long way since its humble beginnings exclusively as a robo-advisor (now known as Invest). It now offers:
Managed investing: This includes their rob.... More »
How to withdraw RESP funds Aug 26th
For years, you’ve saved up for your child’s college or university education with a registered education savings plan (RESP). Now, your kid is getting ready to start classes.
As the RESP’s subscriber (the person who opened and contributed to the account), you may have questions about h.... More »
Don’t get taken in by event ticket scams Jun 29th
At long last, the FIFA World Cup has kicked off in cities across North America. If you’re not fazed by single-ticket prices in the four figures, may we offer a word of caution: stalwart footy fans are not the only ones attracted to events like this. So are scam artists.
Cyber-criminals lo.... More »
Best all-in-one ETFs for Canadian investors 2026 + MORE Apr 29th
No category generated more discussion and debate from our selection panel this year than that for one-decision or all-in-one ETFs meant to provide a diversified portfolio in a single investment product. (The financial industry likes to call them asset-allocation ETFs.)
Some argued that it.... More »
Do you need market-neutral ETFs in your portfolio? Apr 23rd
In August 2025, I wrote about a concept that started gaining traction among financial advisors: the 40-30-30 portfolio. This allocation emerged in the aftermath of the 2022 bear market, when rising inflation and aggressive interest-rate hikes caused both stocks and bonds to decline at the same .... More »
BoC held its rate on June 4—here’s why
– moneysense.ca
The Bank of Canada (BoC) held its benchmark interest rate steady at 2.75% Wednesday, June 4, as policymakers keep waiting for more clarity on how tariffs will impact the economy.
“Uncertainty remains high,” Bank of Canada governor Tiff Macklem said in prepared remarks after the release of the rate decision. “At this decision, there was a clear consensus to hold policy unchanged as we gain more information.”
Ask MoneySense
Have a personal finance question? Submit it here.
email now
The news we were expecting, considering the tariffs
Economists and financial markets widely expected the second consecutive hold…
