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Foreign demand for Canadian cottages booming, ReMax says + MORE Jun 25th
The weak Canadian dollar has caused Canada's recreational property and cottage market to heat up, one of the biggest sellers of real estate says..... More »
The best GIC rates in Canada for 2026 + MORE Feb 17th
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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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Make America Grow Again + MORE Jul 30th
The economy is stuck on 1% growth as business investment stalls..... More »
Investment returns: A great decade, after all + MORE Jan 21st
Disillusioned. Frustrated. Irate. Those few words likely describe how many investors felt in 2009 when they looked at the long-term performance of their investments. At that time a typical balanced portfolio of $50,000 would have grown to just $64,100—a 2.5% average annual return—after 10 years .... More »
What are the fees for becoming a joint tenant on a parent’s property? + MORE Mar 26th
My dad owns a house and a condo. The condo is his primary residence and he rents out his home. The home has greater value. He wants to put me on as a joint tenant. What fees will have to be paid when he does that, or are fees paid upon his death?—Judson
Fees associated with joint tenancy
Tha.... More »
How Next Issue can speed your financial independence
– moneysense.ca
Here’s a deal that should appeal to any value-conscious investor. How would you like to receive on your tablet the latest issues of such popular business or investment magazines as Bloomberg Business Week, Bloomberg Markets, Fortune, Fast Company, Money (for Americans), MoneySense (for Canadians), Entrepreneur, Inc., and Canadian Business for just $15 a month? Or money-saving magazines like Consumer Reports or ShopSmart? Or weekly news magazines like Time, Newsweek and Maclean’s? Not $15 each, mind: but $15 a month for all of these combined plus many other general-interest magazines, for a total of at least 100 world-class magazines?That includes The New Yorker, New York, Rolling Stone, Vanity Fair, Wired, Popular Science, Architectural Digest, Cosmopolitan, Chatelaine, The Oprah Magazine (O), Sports Illustrated and SportsNet, plus lifestyle and fitness magazines aimed at men or women, and many more.
The Netflix of magazines
We’re talking of course about Next Issue, which has been in the U…
A buyer in B.C. was awarded $300,000 when this real estate transaction went bad.J.C. Penney dropped from S&P 500 after stock loses more than half its value
– canadianbusiness.com
NEW YORK, N.Y. – J.C. Penney is getting booted from the Standard & Poor’s 500 index after losing more than half of its market value this year.
The retailer is being replaced by Allegion Plc, a provider of security for homes and businesses, according to a statement released Friday by S&P Dow Jones Indices, which runs the S&P 500 index.
The retailer’s downward spiral began during an ill-fated transformation under former CEO Ron Johnson, who was fired in April after 17 months on the job.
The company’s stock has rebounded during the last month. There are signs that the retailer’s business is stabilizing under Chief Executive Mike Ullman. However, the change isn’t enough to keep J.C. Penney in the index.
J.C. Penney’s stock has fallen $10.84, or 55 per cent, to $8.87 this year.
The stock has advanced 18 per cent this month after falling to $6.42 on Oct. 21.
Johnson’s plan included getting rid of coupons and most sales in favour of everyday low prices, bringing in hip brands and remaking outdated stores…
The retailer is being replaced by Allegion Plc, a provider of security for homes and businesses, according to a statement released Friday by S&P Dow Jones Indices, which runs the S&P 500 index.
The retailer’s downward spiral began during an ill-fated transformation under former CEO Ron Johnson, who was fired in April after 17 months on the job.
The company’s stock has rebounded during the last month. There are signs that the retailer’s business is stabilizing under Chief Executive Mike Ullman. However, the change isn’t enough to keep J.C. Penney in the index.
J.C. Penney’s stock has fallen $10.84, or 55 per cent, to $8.87 this year.
The stock has advanced 18 per cent this month after falling to $6.42 on Oct. 21.
Johnson’s plan included getting rid of coupons and most sales in favour of everyday low prices, bringing in hip brands and remaking outdated stores…
The financial literacy paradox
– moneysense.ca
There has been huge growth in financial literacy initiatives over the past decade, some aimed at children and youth. Most recently, Stefania Moretti’s MoneySense article “Parents and teens want financial education in the classroom” highlighted this growth with statistics from a variety of sources throughout Canada. Considering the heightened level of concern regarding the baby boomer generation’s ability, or inability rather, to finance their retirement years, it’s not surprising that many hope the next generation will better manage their financial house.Unfortunately there’s no evidence that financial education actually results in improvements in our financial behaviour. No studies on financial literacy have provided convincing evidence of any sustainable financial behaviour change, research tells us. Currently we have no way of knowing if this is the best way to prepare the next generation for their financial obligations. Our youth will face a far more complex financial world…
Have you ever had a chance encounter with someone who ended up shaping your financial future? A timely message or story shared about investing can end up being the gift of a lifetime.


