FTX collapse: OTPP writes down investment to zero – CTV News + MORE Nov 18th

How to go about securing the best return for your investment in Canada.
Latest News

For Canadians living abroad, is it worth investing in foreign ETFs? Mar 28th

Ask MoneySense I’m a Canadian citizen who moved from Europe 2 years ago. I have some savings in EUR and I’m considering investing in VWCE (around 50,000 EUR). I’m assuming this will complicate my tax returns in Canada. Are the extra complications worth it? What would you recommend in this c.... More »

MoneySense’s free Excel template for your monthly budget Dec 21st

Download:  MoneySense monthly budget Excel template Instructions: Click the link above to download the spreadsheet tool.Open the file. Enter your personal and household expenses in the columns titled “Planned” and “Actual.” You can use the “Insert” function to add new rows .... More »
 canadian savings bond

How to make better financial decisions—without regret—in a crisis Jan 27th

How do you make no-regret decisions when you are in crisis? You follow the guidelines in what I call the Decision Crisis Playbook.  The Decision Crisis Playbook  In this book, a decision crisis means you have to make big decisions at a really difficult time but your basic needs .... More »

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy - CBC News Jun 13th

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy  CBC NewsInstant Pot and Pyrex Maker Instant Brands Files for Bankruptcy  Yahoo Canada FinancePyrex kitchenware maker files for Chapter 11 bankruptcy  ReutersInstant Brands Takes Action to Str.... More »
FTX collapse: OTPP writes down investment to zero  CTV NewsView Full Coverage on Google News

Continue Reading On Articles »

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.

Inflation glass remains half full—and 6.9% more expensive

While many economists predicted a rise in the overall inflation rate, Statistics Canada revealed on Wednesday that consumer prices were going up at the exact same pace as they were last month. So, things might not be getting worse—but they’re not exactly getting any better. 

Source: CBC News

With more than half of the subcategories that the consumer price index (CPI) tracks up over 5% on a year-over-year basis, many experts remain worried about widespread inflationary pressures.

Overall, the market seemed to take the news in stride, as the Canadian stock market’s TSX 60 index was essentially flat last Wednesday. Relative to the big gains we saw upon last week’s American inflation data, it appears that Canada remains in a holding pattern. Betting markets now believe the chances of a 0…

Continue Reading On moneysense.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!