A long trade war could mean more financial stress: Bank of Canada + MORE May 8th
AMD says RDNA 4 delay is due to software and FSR 4, confirms stock is already at retailers - TweakTown + MORE Jan 27th
Stock market news for investors: Canadian banks report Q1 earnings + MORE Feb 28th
The best GIC rates in Canada for 2025 + MORE Jan 27th
How the Liberals’ re-election impacts RRIFs, taxes and more May 6th
Justin Dallaire joined the MoneySense team three years ago, bringing with him a wealth of business reporting knowledge. He oversees some of our most popular features, including the annual Where to Buy Real Estate list, first-time home buyer guide, credit card rankings and a wide range of mortgage and insurance articles and features. Dallaire, who studied journalism at Toronto Metropolitan University, has also been published in Strategy, The Walrus, Toronto Life, TVO.org and Broadview.
Below, the busy dad of one (two, if you count the dog) shares his thoughts on money advice, his definition of financial success, and more.
Who are your money heroes?
I admire people who work for organizations like Credit Canada and the Credit Counselling Society. If you’re able to help someone get out of a stressful money situation or avoid getting into one in the first place, you’re a hero in my books. For the same reason, my money “anti-heroes” tend to be billionaire tech founders whose wealth was built on creating new sources of stress in our lives…
Demand for active ETFs is growing among Canadian investors
– moneysense.ca
But active ETFs—ones where portfolio managers are trying to beat an index with their stock picks—have combined some of the best traits of both options to become a fast-growing preference for Canadians.
The industry is rushing to meet growing demand.
So far this year, 71% of new ETFs launched have been active, the highest share ever, and 30% of total industry flows have gone into the category, according to Bloomberg Intelligence.
The interest has also drawn some new players to the space. In October, Capital Group’s first active ETFs launched in Canada and J.P. Morgan made its first ever foray into investment options for retail investors in Canada with two active ETFs.
“The industry is at an inflection point,” said Travis Hughes, head of Canada at J.P. Morgan Asset Management…
