How to go about securing the best return for your investment in Canada.
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How to use equity to buy a second home + MORE Sep 24th
Whether it’s for a cottage, a vacation home or a rental property, using your home’s equity can be an excellent way to buy that second home you’ve been dreaming of.
“Potential buyers may not have the cash they require to pay for an asset like a second home in part or in full,” says.... More »
Sobeys/FreshCo parent company, Empire reports earnings + MORE Sep 13th
Empire Co. Ltd. is planning for sunnier economic times on the horizon, as the parent company of Sobeys says it’s continuing to see the sales gap between its discount and full-service stores narrow.
The company’s growing FreshCo discount banner has been a “home run” for Empire, said pres.... More »
Does buying GICs still make sense after the recent rate cuts? + MORE Oct 2nd
The Bank of Canada (BoC) recently lowered its policy interest rate by another 25 basis points, from 4.50% to 4.25%. It was the central bank’s third consecutive cut, and economists widely expect more cuts before the end of the year.
What does it mean for Canadians as borrowers and savers when in.... More »
Kruger says $32M investment at Kamloops mill will boost tech, preserve jobs - Castanet Kamloops Sep 12th
Kruger says $32M investment at Kamloops mill will boost tech, preserve jobs Castanet KamloopsView Full Coverage on Google News.... More »
Wealthsimple reveals that it’s now profitable, after 10 years in operation Sep 18th
As Wealthsimple marks a decade in operation, the financial platform is disclosing for the first time that it’s profitable as its revenue and assets jump.
The company that started as a robo-advisor has been steadily adding investment capabilities over the years as well as more bank-like featur.... More »
With an average management expense ratio (MER) of 0.09% and collective assets under management (AUM) approaching $40 billion, exchange-traded funds like the Vanguard S&P 500 Index ETF (VFV), the BMO S&P 500 Index ETF (ZSP) and the iShares Core S&P 500 Index ETF (XUS) are some of the most cost-effective options for Canadian investors to get exposure to U.S. equities.
Sure, investing in these ETFs means you’ll forfeit 15% of your dividends to withholding tax. Yet, for many, it’s a worthwhile trade-off to gain access the most significant U.S. equity index—a benchmark that, according to the Standard & Poor’s Indices Versus Active (SPIVA) report, has outperformed 88% of all U.S. large-cap funds over the past 15 years.
But hold on, these aren’t your only choices. And here’s something you might not know: they aren’t even the cheapest around. Just like opting for no-name brands at the store can offer the same quality for a lower price, other ETF managers have been quietly rolling out competing U…
