How to go about securing the best return for your investment in Canada.
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Canadians are turning to credit cards for financial stress relief — and debt is on the rise - CBC News Sep 6th
Canadians are turning to credit cards for financial stress relief — and debt is on the rise CBC NewsFinancial Stress Mounts, Credit Card Demand and Debt Rise Financial PostEquifax says total consumer debt $2.32T in Q2, up 8.2% from 2021 BNN BloombergStressed about .... More »
Chele, 34, has $100,000 in debt after a family emergency. Making $45,000, can she pay it off and eventually buy a home? + MORE Jun 14th
It’s been a rough couple of years for Chele. Now, she is hoping to turn her financial situation around..... More »
Capital gains on subdivided land, and HST on vacant land Mar 10th
Our primary residence of three years is built on a double lot. We received a partial discharge of our double lot and built our house on it for cash. Do we have to pay any capital gains? We did not plan on doing this when we first purchased it.
–Devon
Is there GST on land sales?
First, when you sel.... More »
“Our parents just passed. What do we do about their estate?” + MORE Apr 22nd
Ask MoneySense
My mom passed away a number of years ago and sadly we just lost our dad. My brother and I are wondering about taxes owing, the timing of distributions, and if we should move all of the investments to cash. My brother and I are beneficiaries of the RRIF and TFSA, and the grandkids.... More »
Detox your spending and experience better financial health Dec 27th
Using your creativity and resourcefulness to stop spending for a week on anything but essentials will give you more savings and less stress; you win both ways, Lesley-Anne Scorgie writes..... More »
Compare the Best GIC Rates in Canada 2020
– moneysense.ca
How to use this tool: You can simply scan the table below to view GIC interest rates offered by financial institutions across Canada. Click on one of the tabs at the top of the table to focus on your choice of Non-Registered, Registered, TFSA-eligible or U.S.-dollar GICs.Or, follow the prompts in the six fields at the top of the finder tool to input the amount you wish to invest in a GIC and your preferred investment term, along with other details, and the calculator will automatically display what your total return would be from each of the financial institutions listed. This allows you to compare the options side-by-side and decide which is the best for your money.
Ratehub.ca’s best GIC Rates in Canada
These are current rates offered by Ratehub partners. You can find information about additional product options below.
The best GIC rates in Canada 2020
Rates current as of May 20, 2020
Have you ever felt like your money could be working harder for you—if only you weren’t afraid of the risk? To boost your return while still keeping your principal safe, you might want to consider a guaranteed investment certificate or GIC…
How to learn online in the middle of a pandemic
– moneysense.ca
About five years ago, Angelo Dodaro and his marketing agency partner were sitting in a bar, meeting with a potential events client. They were pitching their video and photography services when the client mentioned, almost in passing, “Okay, but we also need someone to manage our Facebook ads.”
Dodaro didn’t waste any time. Given a few months to come back with a formal proposal, he dove head-first into online learning, to get up to speed on social media marketing.
The investment of time and money paid off: the client later said it was the best proposal for a Facebook marketing campaign they’d ever seen. Not bad for someone whose formal education was in audio engineering.
Even if you haven’t studied formally in years, the value of doing so today has never been greater. According to Statistics Canada, more than a million people across the country lost their jobs in March 2020 alone—double what some economists had predicted. Even for those lucky enough to keep their jobs, the nature of their roles, their future career paths and what they need to stay marketable may have changed suddenly…
Dodaro didn’t waste any time. Given a few months to come back with a formal proposal, he dove head-first into online learning, to get up to speed on social media marketing.
The investment of time and money paid off: the client later said it was the best proposal for a Facebook marketing campaign they’d ever seen. Not bad for someone whose formal education was in audio engineering.
Even if you haven’t studied formally in years, the value of doing so today has never been greater. According to Statistics Canada, more than a million people across the country lost their jobs in March 2020 alone—double what some economists had predicted. Even for those lucky enough to keep their jobs, the nature of their roles, their future career paths and what they need to stay marketable may have changed suddenly…
Are the costs of owning a car worth it for students?
– moneysense.ca
Has there ever been a time when you and your roommates struggled to carry grocery bags home from the store on public transit? Did you ever impulsively feel like going back to your hometown to see your family and friends, but had difficulties finding a convenient ride? Was there a part-time job that you wanted to work but couldn’t manage due to the distance and time constraints without a personal vehicle?
For many students, the thought of owning a car can be extremely desirable because of the convenience and freedom it can grant you—but what if you knew how much the car would cost you each year?
As a student who has owned a sturdy 2003 Honda Accord for the last three years, I’ve learned how important it is to have a good understanding of the costs associated with car ownership, and how to weigh the pros and cons to decide if it’s a worthwhile investment or not.
How expensive can car ownership be?
According to Statistics Canada, the second largest expense for the average Canadian household is transportation…
For many students, the thought of owning a car can be extremely desirable because of the convenience and freedom it can grant you—but what if you knew how much the car would cost you each year?
As a student who has owned a sturdy 2003 Honda Accord for the last three years, I’ve learned how important it is to have a good understanding of the costs associated with car ownership, and how to weigh the pros and cons to decide if it’s a worthwhile investment or not.
How expensive can car ownership be?
According to Statistics Canada, the second largest expense for the average Canadian household is transportation…
