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
Canada’s best credit cards for gas purchases for 2023 May 24th
Spend
Best no-fee credit cards in Canada for 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
Find my perfect card*
.... More »
Top 5 questions about family RESPs + MORE May 13th
If you’re saving up for a child’s post-secondary education, a registered education savings plan (RESP) can’t be beat as a savings tool. No other plan or account in Canada will give you access to thousands of dollars in government grants—free money for your kid’s future tuition and other ed.... More »
Karen Schuett Struck Entrepreneurial Gold in the Most Unlikely of Places + MORE Feb 27th
The journey from idea to IPO is a difficult one. In this five-part series, we look at how founders scaled their startups and reached new milestones.
It started with pigs. Or, more accurately, the “manure lagoon” they created on an Alberta hog farm. In search of help for this football field–.... More »
Stock news for investors: Air Canada profit drops more than 50% in Q2 amid “challenging environment” Jul 31st
Here’s a round-up of news for Canadian investors this week.
Air Canada
George Weston
Lightspeed
Bombardier
Gildan Activewear
TFI
Algoma Steel
Featured RRSP Accounts
featured
EQ Bank
.... More »
Best bank accounts for side hustles in Canada 2026 + MORE May 20th
More and more Canadians are learning how to hustle, with an estimated 28% of Canadians taking on short-term or freelance work, according to an H&R Block study. Gig work can be great for supplementing your income or paying for unexpected expenses, but you may want to keep that income separate fro.... More »
For a long time, inflation-linked bonds like TIPs (Treasury Inflation-Protected Securities) in the U.S. or Government of Canada Real Return Bonds (RRBs) seemed like valid alternatives to nominal bonds for inflationary environments. If inflation ticks above certain levels, such bonds—or exchange-traded funds (ETFs) that hold them—tack on extra interest payments twice yearly, commensurate with the rise in the official inflation rate.
Matthew Ardrey, a wealth advisor with Toronto-based TriDelta Financial, says that while inflation’s average 2% annual rate over the last 20 years has been considered “benign,” it’s still 40 basis points higher than the average Bank of Canada overnight rate during that period. “It has been eroding risk-free returns for a long time.”
Prevailing interest rates have been less responsive to inflation dynamics in that time frame, Ardrey adds. “Central banks have communicated a tolerance for higher inflation rates in order to foster growth.”
Duration risk and inflation-linked bonds
TIPS were designed for the U…
Cutting down capital gains tax on real estate sales
– moneysense.ca
Is there any real estate investment I could invest my capital gains in, without being robbed of paying 50% capital gains tax?
I understand there is an exception for the sale of commercial property.
—Dennis
Capital gains tax on real estate
One of the biggest complaints I’ve heard from real estate investors is the dreaded capital gains tax hit, Dennis.
Stock market investors don’t seem to be nearly as patient. Real estate is generally a long-term hold, while stock turnover tends to be more frequent. Real estate investors often end up with larger capital gains as well because real estate is such a large investment, with a market value worth more than many investors’ stock portfolios.
If a rental real estate investor has claimed depreciation, also known as capital cost allowance (CCA), all past CCA gets “recaptured” and taxed in the year of sale in addition to capital gains tax payable.
How much is capital gains tax in Canada?
A capital gain, Dennis, is 50% taxable. I want to clarify this because you referred to paying 50% capital gains tax…
