Bull market to run at least three more years, Goldman Sachs says + MORE Jan 16th

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.

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Should you use the RRSP Home Buyers’ Plan on a mixed-use property? + MORE Jul 18th

Ask MoneySense I have a question regarding the RRSP Home Buyers’ Plan. I am a first-time home buyer. I need to use my RRSP, but the property I want to buy is a mixed-use property. We pay two kinds of taxes for this property: residential and commercial. I want to use the residential part of the pro.... More »

GICs and Savings Accounts - Which Best Combat Inflation? Sep 7th

Guaranteed Investment Certificates (GICs) and Savings accounts at banks offer a person in Canada the safest possible place to invest money. Both are backed 100% against any loss up to $100,000 by the Canada Deposit Insurance Corporation, an arm of the federal government. That's as safe as it gets.Sa.... More »

Why Reuters investors are cool to Blackstone deal + MORE Feb 2nd

Once Reuters revealed details of its plan to sell a 55-per- cent stake in its financial- and risk-data business to a consortium led by Blackstone Group, investors became troubled .... More »

A guide to Guaranteed Investment Certificates (GICs) Aug 25th

Table of Contents What is a GIC? How does a GIC work? Terms and Maturity Withdrawal penalties Types of GICs GIC laddering Are GICs worth it? As the saying goes, it’s better to be safe than sorry. And for investors seeking safety, guaranteed investment certificates (GICs) can be a useful.... More »

Happy finances, happy couples. Six steps to ensure financial happiness in 2023 Dec 26th

Set aside your emotions, budget and curb overspending and work as a team to ensure your financial future, writes personal finance columnist Lesley-Anne Scorgie.... More »