There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
Samsung Galaxy Z Flip 4 Review: An Optimized Foldable For The Enterprise - Forbes + MORE Aug 29th
Samsung Galaxy Z Flip 4 Review: An Optimized Foldable For The Enterprise ForbesSamsung Galaxy Z Fold 4 Unboxing & First Look: Unfolding the future? The Financial ExpressSamsung Galaxy Z Flip 4 Review IGNDaily Authority: Samsung's marvelous multitasker .... More »
Capital gains tax in Canada, explained + MORE Jun 16th
Capital gains tax highlights
Only 50% of a capital gain is taxable in Canada, and the taxable portion is added to your income for the year. With Canada’s current income tax rates, no one pays more than 27% in capital gains tax. You can reduce the amount of capital gains tax you owe by holding.... More »
The 7 best low-interest credit cards in Canada for August 2023 + MORE Aug 5th
Spend
The 7 best low-interest credit cards in Canada for August 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
Find my perfect card* .... More »
Toronto’s hot housing market is making divorce even messier — here’s how splitting couples can cope Jun 20th
One financial adviser says she’s done financial planning for separating couples who can’t afford to move out to begin with, so both parties remain in the home. Others end up in tiny condos with no room for the kids.... More »
What to do if you’re a victim of bank account or credit card fraud + MORE Jan 8th
Ask MoneySense
We have been defrauded of over $20,000 by someone who was able to make unauthorized e-transfers from our bank accounts. The bank has recovered a small portion of them, and it has refused responsibility for any more. I am at level three of the complaint process, and I am wondering how .... More »
Making sense of the markets this week: May 10, 2021
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Wealthsimple taps celebrities and nets a $5-billion valuation
In October of 2020, we reported on a previous round of financing for Wealthsimple. At that time, valuation estimates for the Canadian online investment company were in the $1-billion range.
The actual valuation turned out to be closer to $1.5 billion.
Fast forward to this week: Wealthsimple announced another round of financing that raises the price tag to $5-billion. And celebs are in on the act as well, with musician Drake, actors Ryan Reynolds and Michael J. Fox, and a few high-profile professional athletes stepping forward with cash to invest in the fintech giant.
Wealthsimple originally launched as one of Canada’s robo-advisors, and has moved on to add more financial services, including a discount brokerage. Many say that they “own” the millennial market in Canada. That offers incredible long term potential, and the appeal for investors…
Wealthsimple taps celebrities and nets a $5-billion valuation
In October of 2020, we reported on a previous round of financing for Wealthsimple. At that time, valuation estimates for the Canadian online investment company were in the $1-billion range.
The actual valuation turned out to be closer to $1.5 billion.
Fast forward to this week: Wealthsimple announced another round of financing that raises the price tag to $5-billion. And celebs are in on the act as well, with musician Drake, actors Ryan Reynolds and Michael J. Fox, and a few high-profile professional athletes stepping forward with cash to invest in the fintech giant.
Wealthsimple originally launched as one of Canada’s robo-advisors, and has moved on to add more financial services, including a discount brokerage. Many say that they “own” the millennial market in Canada. That offers incredible long term potential, and the appeal for investors…
