How to go about securing the best return for your investment in Canada.
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Year-end tax and financial planning considerations + MORE Oct 16th
As the year-end approaches, there may be planning strategies to consider. In some cases, there may be a sense of urgency. In other cases, it may just be a good time to start preparing for the year ahead. Let’s review some of these strategies, including making contributions to registered accounts, .... More »
The best GIC rates in Canada for 2025 May 25th
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 navigate m.... More »
Making sense of the markets this week: October 13, 2024 + MORE Oct 11th
Michael McCullough is a contributing editor to MoneySense and a financial writer and editor in Duncan, B.C.
Canadian Natural Resources doubles down on Canada
For a decade now, big acquisitions by Canadian oil-and-gas producers have mostly been met with distaste by investors. So we’ll take it.... More »
How to stay the course with your retirement plan during market volatility + MORE Apr 8th
Three days of wild market volatility sparked by U.S. tariffs is enough to cause any investor stress, but for those in retirement, the plunge can be extra difficult.
Markets have taken a nosedive after U.S. President Donald Trump’s announcement of sweeping global tariffs last Wednesday (April .... More »
Ford's $19.5 billion EV writedown signals tough road ahead for legacy carmakers - Reuters Dec 16th
Ford's $19.5 billion EV writedown signals tough road ahead for legacy carmakers ReutersFord retreats from EVs and takes big financial hit as Trump policies grip industry CBCAnalysis-Ford’s EV retreat highlights industry dilemma: Build for the US or the world? Yahoo.... More »
How to buy Solana (SOL) in Canada
– moneysense.ca
As cryptocurrencies become more mainstream, investors are looking beyond bitcoin and ether to get in on the action. These two coins still command the lion’s share of the $2.36-trillion global crypto market (all figures in U.S. dollars), but as they increasingly move in sync with stock markets, some investors are buying altcoins to diversify their holdings.
One of the beneficiaries of this trend is SOL, the native coin of the Solana blockchain. It is currently the fifth-largest crypto, with a market cap of about $69 billion, as of Sept. 24, 2024, per CoinGecko. SOL is currently trading at $148.93, and there are nearly 469 million SOL tokens in circulation.
If you’re looking to expand your crypto exposure or add coins that are less sensitive to news headlines, SOL merits a closer look.
What is Solana?
Solana was co-founded by Anatoly Yakovenko, Greg Fitzgerald and Stephen Akridge, all former employees of U.S. chipmaker Qualcomm. Solana Labs is the company that runs the Solana blockchain…
