Microsoft inks Nvidia game deal to assuage regulators over Activision merger – Financial Post + MORE Feb 21st

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Rogers shoots, Rogers scores: How the MLSE deal happened - The Globe and Mail Sep 20th

Rogers shoots, Rogers scores: How the MLSE deal happened  The Globe and MailAfter Rogers’ MLSE deal, Leafs-Raptors-Jays IPO close to a slam dunk, say analysts  Financial PostWith Rogers’s MLSE deal, Toronto just got less important  The Globe and MailDoes Bell's TSN .... More »
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A company I hold stock in was acquired or merged—do capital gains apply? + MORE Aug 8th

Ask MoneySense A stock I used to own was recently sold to a private equity firm. Is there a strategy for avoiding a capital gain on a sale I did not authorize? I voted against the sale.—Mary Tax implications of acquisitions, mergers and spinoffs There are a few transactions that can have u.... More »
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Stock market news for investors: Metro profits rise, Groupe Dynamite to close some Canadian stores Apr 17th

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Carney Held $6.8 Million of Brookfield Options Before Quitting for Political Run - Bloomberg + MORE Mar 18th

Carney Held $6.8 Million of Brookfield Options Before Quitting for Political Run  BloombergCarney pushes back when questioned about financial assets  CBC.ca'Look inside yourself': Carney gets snippy at reporter when pressed on conflicts of interest  National PostConserv.... More »
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The new financial roadmap for Gen Z and young Canadians + MORE Jun 19th

Young people don’t need another slew of statistics telling them their financial lives will be different from their parents’ generation. They need a plan.  Education is expensive, homeownership is delayed, careers have evolved. There’s a new set of milestones for financial adulthood, an.... More »
Microsoft inks Nvidia game deal to assuage regulators over Activision merger  Financial PostMicrosoft President Is Carrying That Giant Sony Call of Duty Deal In Pocket, Weirdly  KotakuMicrosoft signs 10-year deal to bring Call of Duty to Nintendo platforms  MobileSyrupNvidia earnings overshadowed by Microsoft, ChatGPT, OpenAI, gaming partnership  MarketWatchMicrosoft Wins Nvidia Support for Embattled Activision Deal  BNN BloombergView Full Coverage on Google News

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Ask MoneySense
I have $119,000 room allowed in my RRSP and $81,000 room in my TFSA.

I am 47, live in B.C., currently not earning income as a caregiver for a parent. I have a business with a registered GST number to claim income now or in the future. But for my question, let’s assume I will be claiming $0 for the next three years. 

I have a sum of $250,000 coming to me as a gift, and I am looking to invest/save it. 

I plan to use the portions not contributed into my TFSA and RRSP in investments that will be earning interest as income—likely mortgage investments.

Based on my income projections, what amount makes the most sense to invest into RRSPs at this time? 

Should I spread the amount out over a period of time? Same question for TFSA. 

—Jennifer 

Maxing out registered accounts: TFSAs and RRSPs

Jennifer, you likely want to maximize your tax-free savings account (TFSA), skip the registered retirement savings plan (RRSP) for now, and put the rest of your money into a non-registered account…

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