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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A guide to getting value from your advisor, and shifting to lower-cost investments May 19th
A MoneySense reader writes:
I have investments with a financial planner and my fees are 2% or more per year, for a total of close to $6,000 per year in fees. I’ve been looking at moving my investments to a robo-advisor, but I’m concerned about the capital gains and subsequent taxes from moving m.... More »
What history tells us about scary stock market selloffs: Morning Brief - Yahoo Canada Finance + MORE Oct 3rd
What history tells us about scary stock market selloffs: Morning Brief Yahoo Canada Finance.... More »
Stock futures inch higher as S&P 500 and Nasdaq face worst month in 2023: Live updates - CNBC + MORE Sep 28th
Stock futures inch higher as S&P 500 and Nasdaq face worst month in 2023: Live updates CNBCThe close: Stocks higher as bond yield surge pauses ahead of U.S. inflation report The Globe and MailStocks Tread Water Before the Open as Investors Await Key U.S. GDP Data, Nike Earn.... More »
What are covered call ETFs, and are they good investments? + MORE Apr 12th
Covered call exchange-traded funds (ETFs) have seen an influx of attention recently from Canadians seeking a high-yielding investment, according to Travis Koivula, senior wealth advisor at Island Savings in Victoria. As retail investors take the reins on managing their own investment accounts, many .... More »
Capital gains tax in Canada, explained + MORE Jun 16th
Capital gains tax highlights
Only 50% of a capital gain is taxable in Canada, and the taxable portion is added to your income for the year. With Canada’s current income tax rates, no one pays more than 27% in capital gains tax. You can reduce the amount of capital gains tax you owe by holding.... More »
Weak manufacturing data from Europe and then in the United States had investors nervous on both sides of the Atlantic.
