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Married with money: How to combine finances with your partner + MORE Jan 24th
If you’re in a relationship, the topic of money will eventually come up. Since the pandemic started, couples have spent more time talking about money, according to a 2021 RBC poll. Almost half—47%—identified finances as one of the biggest stressors in their relationship. One U.S. study found t.... More »
Canadians fear a tougher road to retirement—and plan to help their kids along the way Feb 10th
Canadians are going into this year’s RRSP season in a somewhat pessimistic mood. Two-thirds say it will be more difficult for them to save and invest for their retirement than it was for their parents, according to BMO’s latest Retirement Survey.
Canadians expect a tougher retirement than the.... More »
Lisa Hannam on measuring time and money, and more + MORE Nov 1st
Money isn’t just about paycheques, belongings, savings, real estate and investing—it’s all these things and more. With the goal to keep MoneySense.ca an accessible resource to Canadians at all levels of financial literacy, editor-in-chief Lisa Hannam has grown the editorial team, publishing mo.... More »
6 Things That Didn't Make an Appearance at the Apple Event - CNET Mar 12th
6 Things That Didn't Make an Appearance at the Apple Event CNETApple's spring event had as many missed opportunities as compelling moments MacworldWhat to know about Apple's new iPhone SE Yahoo FinanceApple Stock: Wall Street Is Psyched About New Products .... More »
How are bonuses taxed in Canada? Feb 13th
If you’re fortunate enough to get a bonus from your employer this year, or if you’ve recently earned a pay bump, how should you spend it?
Maybe that money is already spoken for. Many Canadians are struggling financially right now, so a bonus or salary increase might simply help cover th.... More »
Glitch causes prices of Amazon, Google, other stocks to appear off
– theglobeandmail.com
Certain shares appeared to be priced at $123.47 on some financial news websites on Monday evening
Why investors should avoid dividend stocks
– theglobeandmail.com
A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web
TORONTO – The Canadian government is going to apologize and give millions to a former Guantanamo Bay prisoner who pleaded guilty to killing a U.S. soldier in Afghanistan when he was 15, with Canada’s Supreme Court later ruling that officials had interrogated him under “oppressive circumstances.”
An official familiar with the deal said Tuesday that Omar Khadr will receive 10.5 million Canadian dollars (US$8 million). The official was not authorized to discuss the deal publicly before the announcement and spoke on condition of anonymity. The government and Khadr’s lawyers negotiated the deal last month.
MORE: Omar Khadr’s millions: The fight for financial damages
The Canadian-born Khadr was 15 when he was captured by U.S. troops following a firefight at a suspected al-Qaida compound in Afghanistan that resulted in the death of an American special forces medic, U.S. Army Sgt. First Class Christopher Speer. Khadr, who was suspected of throwing the grenade that killed Speer, was taken to Guantanamo and ultimately charged with war crimes by a military commission…
RBC Gets Back to Basics With New ETFs
– CanadianCouchPotato.com
When RBC entered the ETF marketplace back in 2011, it tested the waters with a family of specialized bond ETFs. Since then they’ve created a number of equity ETFs, all with active strategies. However, RBC recently filed a preliminary prospectus for a new family of plain old index ETFs covering the core asset classes you’ll find in a classic Couch Potato portfolio.
Normally the appearance of more “me too” ETFs wouldn’t be newsworthy, but RBC’s entry is interesting for a couple of reasons. First, the new lineup will include at least one unique product: a global bond ETF. And second, it will significantly improve the bank’s lineup of index mutual funds.
I’ll discuss the mutual funds in my next post. For now let’s look at RBC’s seven new ETFs, which will hit the market in early September. The four equity ETFs are traditional cap-weighted funds of large and midcap stocks:
Normally the appearance of more “me too” ETFs wouldn’t be newsworthy, but RBC’s entry is interesting for a couple of reasons. First, the new lineup will include at least one unique product: a global bond ETF. And second, it will significantly improve the bank’s lineup of index mutual funds.
I’ll discuss the mutual funds in my next post. For now let’s look at RBC’s seven new ETFs, which will hit the market in early September. The four equity ETFs are traditional cap-weighted funds of large and midcap stocks:
ETF name
Ticker
Benchmark index
RBC Canadian Equity Index ETF
RCAN
FTSE Canada All Cap Domestic Index
RBC U…
