All about Canadian investments. Learn the ins and outs and get the latest news.
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The best GIC rates in Canada for 2025 Mar 10th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Making sense of the markets this week: May 14, 2023 May 12th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
U.S. Inflation continues to move in the right direction
Despite the strong April jobs report in the United States, overall inflatio.... More »
Making sense of the markets this week: December 18, 2022 Dec 16th
There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Making sense of the markets this week: December 18, 2022 - moneysense.caThis week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context f.... More »
The best TFSAs in Canada for 2026 + MORE Jan 30th
Featured TFSA Accounts
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EQ Bank TFSA Savings Account
Earn 1.50% tax-free on your cash savings.
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The best high-interest savings accounts in Canada for 2025 + MORE Jun 9th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Financial aid is rarely an after-thought, but student debt is often a bigger problem than most university and college students in Canada anticipate. Rising tuition fees and expenses of going to college or university have become increasingly large burdens to bear for students—many of whom are already dealing with pressures from the cost of living on their own for the first time. Add on the economy-pausing pandemic, and it’s easy to understand why students are looking for financial help for school. A 2020 poll by conducted by CIBC showed that about 7 out of 10 students admitted their income has been affected by the COVID-19 situation.
School is expensive—even without a pandemic. A 2018 Canadian University Survey Consortium survey of graduating students shows that, of the 50% of students finishing school with debt, the average amount owed is about $28,000. And for many that debt can be crippling. According to an eight-year study by independent personal insolvency firm Hoyes, Michalos & Associates Inc…
School is expensive—even without a pandemic. A 2018 Canadian University Survey Consortium survey of graduating students shows that, of the 50% of students finishing school with debt, the average amount owed is about $28,000. And for many that debt can be crippling. According to an eight-year study by independent personal insolvency firm Hoyes, Michalos & Associates Inc…
Investing in “unprecedented times”
– moneysense.ca
This year’s unprecedented combination of pandemic panic and election uncertainty may have you side-eyeing the stock market. But even now, for Canadians who are in a financial position to do so, investing is still one of the best ways to grow your wealth. And while you can’t eliminate risk, you can work to help mitigate it by taking the time to educate yourself on the ins and outs of investing, understand your own risk tolerance, your investing goals and which investing options will help you get there.
What does an investment goal look like?
Investing is the act of acquiring an asset with the goal of generating wealth. Ideally, you gain a return that’s larger than what you originally used to invest.
One thing to consider is getting more granular with your investing goals than “making money.”
“It could be simple, like, ‘I want to have saved enough to replace my car in 10 years,’ or more complex, like, ‘I want to save enough so that I can retire at age 65 with $2,500 per month, after taxes, from my investments, for as long as I’m alive,’” says independent Certified Financial Planner Alexandra Macqueen…
What does an investment goal look like?
Investing is the act of acquiring an asset with the goal of generating wealth. Ideally, you gain a return that’s larger than what you originally used to invest.
One thing to consider is getting more granular with your investing goals than “making money.”
“It could be simple, like, ‘I want to have saved enough to replace my car in 10 years,’ or more complex, like, ‘I want to save enough so that I can retire at age 65 with $2,500 per month, after taxes, from my investments, for as long as I’m alive,’” says independent Certified Financial Planner Alexandra Macqueen…
