How will the outcome of the U.S. election affect financial markets? + MORE Nov 1st

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The smart seller’s secret to reducing capital gains tax in Canada + MORE Jul 18th

For many Canadians, selling a property can come with a surprise: the capital gains tax. Whether it’s a cottage, rental property, or former principal residence, understanding how capital gains are calculated and how a professional appraisal can significantly reduce your tax burden is crucial. .... More »

BoC held its rate on June 4—here’s why Jun 4th

The Bank of Canada (BoC) held its benchmark interest rate steady at 2.75% Wednesday, June 4, as policymakers keep waiting for more clarity on how tariffs will impact the economy. “Uncertainty remains high,” Bank of Canada governor Tiff Macklem said in prepared remarks after the release of the.... More »
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Can you hedge against a market crash with ETFs? + MORE Dec 24th

Earlier in August 2025, I wrote a column outlining an alternative to the classic 60/40 stock-and-bond portfolio called the 40/30/30 portfolio. The idea was simple: allocate 40% to equities, 30% to bonds, and 30% to alternative asset classes that have the potential to move differently when both .... More »

How does a U.S.-dollar TFSA work? May 21st

Ask MoneySense I just set up an American dollar TFSA to complement my existing TFSA. I do not know how the contribution gets calculated, and the goal is to not overcontribute with the sum of these. —Michelle An investor can open more than one tax-free savings account (TFSA). There are no r.... More »

How to handle a stock with a huge capital gain Jul 22nd

If you hold investments in a taxable non-registered account, then income tax considerations ought to be part of your investing decision-making process. Although capital gains tax rates in Canada are relatively low, with only 50% of a capital gain being taxable to an investor, the dollars of tax paya.... More »
Making sense of the markets this week: November 3, 2024Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.

Apple, Nvidia growth—no cap

Depending on the day you ask, it’s either Apple or Nvidia as the answer to the classic question: “What is the most valuable company in the world?” Both are worth somewhere around $3.5 trillion. (All figures in this section are in American currency.) 

To put that in perspective, each company is worth more than the entire Canadian stock market. Add up all of our banks, railways, energy companies, telecoms, REITs (real estate investment trusts), pipelines, grocery stores, insurance companies, utilities, gold miners and anything else you can find, but Apple or Nvidia are each worth more than the totality of companies listed on the Toronto Stock Exchange.

So, when either reports earnings, it’s a big deal. 

Big tech earnings highlights
Here are what the tech companies shared this week…

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How will the outcome of the U.S. election affect financial markets?Whichever candidate wins the U.S. president election next Tuesday, experts say investors will be relieved to shed some uncertainty over what kinds of policies to expect. 

But macroeconomic factors like interest rate cuts and geopolitical tensions will be far bigger influences on markets in the coming year than the outcome of the election, they say. 

“What we really look at … is looking at which candidate can play a more critical role in shaping economic growth,” said Brianne Gardner, senior wealth manager of Velocity Investment Partners at Raymond James Ltd. 

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