How prorogation will impact capital gains tax changes in Canada + MORE Jan 6th

How to go about securing the best return for your investment in Canada.
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Stock market news for Canadian investors: Cineplex, McDonald’s report earnings Feb 12th

Companies that reported earnings this week Cineplex McDonald’s L.A. wildfires, U.S. tariff threats don’t have Cineplex execs worried Source: Google Cineplex (TSE: CGX) Q4 earnings: $3.3 million or five cents per share, compared with a loss of $9.0 million or 14 cents pe.... More »

The best GIC rates in Canada for 2025 + MORE Jan 27th

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. Why trust us MoneySense is an award-winning magazine, helping Canadians navigat.... More »
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Ayana Forward, financial advisor Feb 14th

Meet Ayana Forward Ayana Forward is a Certified Financial Planner based in Ottawa, Ont. She owns Retirement in View, a fee only financial planning firm that specializes in helping clients within one to five years of retirement navigate the financial and lifestyle aspects of transitioning out of t.... More »

Walmart rolls out $6.5B expansion plan, including three new stores for Alberta - CBC News Jan 30th

Walmart rolls out $6.5B expansion plan, including three new stores for Alberta  CBC NewsWalmart Canada announces landmark $6.5 billion investment in its store and supply chain footprint, announcing dozens of new stores to be built across Canada over the next five years  Canada Ne.... More »

Best robo-advisors in Canada for 2025 Feb 14th

Investing is a bit like renovating your home. The cheapest way is to do it yourself, with a Canadian online broker. Of course, the result will depend on your know-how and skills, and it will consume a lot of your time. Conversely, you can outsource the job to a master contractor and not lift a finge.... More »
The Canadian equity market will continue building on its strength from 2024 despite lingering political uncertainties, experts forecast. But investors should prepare for more volatility and be patient as the pace of gains is expected to be a bit slower.

There’s a strong mandate for the current bull market to continue in the new year despite tariff threats from the U.S. and political uncertainties in Canada, said Angelo Kourkafas, senior investment strategist at Edward Jones.

“When we take a step back and look at the foundation … it is ongoing economic growth,” Kourkafas said. “It is rising corporate profits and the outlook for lower interest rates at a gradual pace and all these things will remain in place for 2025.”

The S&P/TSX composite index hit record heights in 2024 and ended 18% higher for the year.

Kourkafas predicts the uptick will continue for another year “but likely, we are going to see volatility increase and the pace of gains slow.”

Tariffs and tech-stock overvaluation could pose threats

A few risks could overshadow the pace of growth of the Canadian index in 2025…

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Justin Trudeau’s decision to step down and prorogue parliament will keep his government from implementing its proposed changes to capital gains for now, but Canadians might not be off the hook with tax collectors just yet.

The changes would raise the portion of capital gains on which companies pay tax to two-thirds from one-half. The policy would also apply to individuals with capital gains earnings above $250,000.

The changes were first floated in the government’s April budget, but later broken out from the rest of the fiscal plan in a notice of ways and means motion. That motion never got royal assent because Parliament stalled last year when the Tories began filibustering over the government’s green technology fund.

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Canada has new rules for high-interest loans—here they areAs of January 1, 2025, Canada’s criminal interest rate officially reduced to 35% annual percentage rate (APR), and payday loan costs are now capped at $14 per $100 borrowed. On the surface, these changes are meant to make borrowing more affordable. However, they could have unintended consequences. While the lower costs to borrow might reduce the financial strain for some, there’s a risk these changes could potentially leave vulnerable Canadians with fewer loan options and may push those in need toward even riskier, unregulated credit options.

Here’s what the new rules mean for borrowers and lenders, and a look at better solutions to take control of your financial situation.

What is APR?
Short for annual percentage rate, an APR is the amount you pay per year to borrow money. An APR includes the total interest, plus any additional fees, closing costs and required insurance. So, it more accurately reflects the cost of borrowing than interest alone. 

Read the full definition of APR in the MoneySense Glossary of finance and investing terms…

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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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