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
The best TFSAs in Canada for 2023 + MORE Jul 4th
Tax-free savings accounts (TFSAs) offer a deceptively simple promise: A place where your money can grow without taking a tax hit at the time of withdrawal. However, the value goes beyond that. Unlike their name suggests, TFSAs are more than a simple tax-sheltered savings account.
Since they were.... More »
Know your TFSA contribution limit + MORE Oct 6th
For Canadian investors and savers, it’s always some of the best news to come each year: new TFSA room that becomes available each January 1. And for 2022, the TFSA contribution limit is $6,000.
The actual TFSA yearly limit was set at $5,000 back in 2009 when the investment account was first create.... More »
Hyundai Ioniq 6 Preferred Long-Range AWD: The best affordable EV in Canada for long-range driving for 2024 Nov 30th
When it comes to range for the dollar, the Hyundai Ioniq 6 Preferred Long-Range delivers maximum return on your investment. This electric vehicle (EV) provides a substantial advantage versus higher-priced models from BMW, Audi, Mercedes-Benz, Tesla, Lucid and Porsche. And it often delivers about 30%.... More »
Frankie earns $53,000 but has a mountain of credit card debt. Can he ever climb out of this hole? Feb 20th
The 24-year-old Toronto writer says tracking his spending was a ‘wake-up call,’ but feels ‘it’s never too late’ to get his financial house back in order.... More »
With thousands of N.W.T. evacuees in Alberta, local experts fear impact of toxic drug crisis - CBC News Aug 21st
With thousands of N.W.T. evacuees in Alberta, local experts fear impact of toxic drug crisis CBC NewsB.C. travel restrictions for Okanagan area due to wildfires: province CityNewsWhere N.W.T. evacuees can get financial support CBC.caUnited Way NWT distributes $715K t.... More »
“Fake” stars give the real answers
– moneysense.ca
When you watch “Fakes,” starring Emilija Baranac and Jennifer Tong, know that there is a third star: money. And while Baranac and Tong play Zoe and Becca, respectively, and can pull inspiration from their real lives, the blue, purple, green, red and brown bills you see on the screen are the real deal. Why? Because—fun fact—it’s illegal to use fake money in Canada, even on a CBC Gem TV show like “Fakes.” (It’s viewable on Netflix outside of Canada.)
The two teens embark on a massive fake-ID business, learning about the power of money and its impact on ego and motivation. Oh, and on their friendship, too. In addition to the comedic drama that ensues when teens have access to more (Canadian!) money than they even knew existed, there are financial subplots, too. Tayocoin, for example, is a fictional crypto that shows how monitoring the ups and downs can affect investors’ emotional states.
Baranac (“To All the Boys I’ve Loved Before”) and Tong (“Grand Army”) take the My MoneySense Proustian-style questionnaire to reveal their views on money and more…
Canada housing market: Where have prices dropped? – CTV News
– news.google.ca
Canada housing market: Where have prices dropped? CTV NewsReal estate slowdown continues, with average price down 22% since February CBC NewsCanadian real estate: August home sales slow, 2022 price forecast cut Yahoo Canada FinanceCanada home prices edge up on month on Toronto strength Reuters.comHome sales are expected to decline by 20% CP24View Full coverage on Google News
