How to go about securing the best return for your investment in Canada.
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Federal public service asked to consider return to remote work - CBC.ca + MORE Dec 16th
Federal public service asked to consider return to remote work CBC.caCIBC, National Bank ask employees to work remotely as Omicron worries grow CTV NewsBank of Montreal Asks Investment Bankers to Work From Home BloombergHeading back to the office? Not so fast. Many o.... More »
Elon Musk on Tesla's Cybertruck: 'I wasn't sure if nobody would buy it' - CNBC Feb 5th
Elon Musk on Tesla's Cybertruck: 'I wasn't sure if nobody would buy it' CNBCWhy Is Tesla Stock Suddenly Crashing Today? CCN.comTesla’s Elon Musk tests the waters for a potential Gigafactory in Texas TeslaratiElon Musk says an 'awesome' Neuralink update is coming so.... More »
Maple Leaf Foods shares have risen, while WonderFi’s stock price has tumbled. Here are the past week’s winners and losers + MORE Nov 14th
Stock surges and setbacks for the week ending Nov. 14, 2022..... More »
Should you buy real estate through a corporation? Sep 26th
One of the main tax benefits of Canadian real estate is the ability to claim an unlimited principal residence exemption on the property value appreciation. One exception may be if the land is more than half a hectare (1.24 acres), unless the minimum municipal lot size at the time you purchased the p.... More »
The upside to waiting until age 70 to take CPP benefits + MORE Oct 2nd
Q. I am retiring next year at age 65 and I don’t know if I should take my CPP immediately, or wait. My friends and other people I know from work took their CPP when they retired and they are telling me I should take it when I retire. Are they right? When is the best time to draw CPP?
–Jit
A. H.... More »
I was a bit surprised to learn recently that TFSAs had just ‘turned ten’. It seems like just yesterday that I was answering questions from the media about how these newfangled government-sponsored programs might change the landscape for investing in general and retirement planning in particular. Former Minister of Finance Jim Flaherty sang the praises of the new program a decade ago by stressing the ability to avoid paying tax when using TFSAs. Many pundits weighted in expressing regret that the third word was “savings” and not “investing”. In actuality, the program is used primarily as a tax-free investing account, so perhaps TFIA would have been a better moniker.
Irrespective of what people thought TFSAs might mean when they were first introduced, there is no denying that they have been wildly popular and broadly embraced by Canadians of all walks of life. Now that RRSP season is upon us (the deadline for 2018 is March 1, 2019), many people wonder if they should contribute to their RRSP or their TFSA since most people don’t have enough money to maximize both options…
A guide to the best robo-advisors in Canada for 2019
– moneysense.ca
It wasn’t long ago that robo-advisors were thought of as a newfangled millennial-made idea for investing-inept 20- and 30-somethings. Now, though, all sorts of Canadians, including high net-worth boomers and new-to-saving youngsters are pouring money into these easy-to-use and low-cost online operations. According to research aggregator Statista, Canadian robo-advisors hold US$5.5 billion in assets under management, which, it predicts, will climb to an estimated US$14 billion by 2022 for a 36.8% compound annual growth rate.
When the first robo-advisors came into being years ago, they offered investors two things: easy access to low-cost ETFs and an eye-catching interface that made tracking gains and losses a cinch. Now, there are robo-advisors that let you buy insurance, include over-the-phone financial and investing advice, access to RIFF and RESPs and more.
Our annual look at the best robo-advisors in Canada digs into the differences between the growing number of robo sites available to Canadian consumers…
When the first robo-advisors came into being years ago, they offered investors two things: easy access to low-cost ETFs and an eye-catching interface that made tracking gains and losses a cinch. Now, there are robo-advisors that let you buy insurance, include over-the-phone financial and investing advice, access to RIFF and RESPs and more.
Our annual look at the best robo-advisors in Canada digs into the differences between the growing number of robo sites available to Canadian consumers…
