The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
How do the RRSP contribution carry-forward rules work? + MORE Aug 1st
Ask MoneySense
If I have $25,000 contribution room left in my RRSP, can I take that all at once plus my regular RRSP contribution of $31,560 for the tax year 2024? Effectively making a contribution of $56,560 to my RRSP?—Lorraine
The rules around RRSP contribution room
As soon as a ta.... More »
Making sense of the markets this week: December 4, 2022 + MORE Dec 3rd
This week, Cut the Crap Investing founder, Dale Roberts, shares financial headlines and offers context for Canadian investors.
What a week—the wrap
It’s rate-hike hiatus déjà-vu all over again. In a replay from my column last week, the U.S. Federal Reserve Chairperson Jerome Powell.... More »
The best GIC rates in Canada for 2024 + MORE Nov 18th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigat.... More »
Trump official orders consumer protection agency to stop work - CTV News Feb 9th
Trump official orders consumer protection agency to stop work CTV NewsConsumer financial watchdog is ordered by acting director to stop fighting financial abuse CNNTrump’s acting chief of federal financial watchdog orders staff to pause activity The Guardian USTrum.... More »
MoneySense’s free Excel template for your monthly budget + MORE Feb 14th
Download:
MoneySense monthly budget Excel template
Instructions:
Click the link or image above to download the spreadsheet tool.
Open the file. Enter your personal and household expenses in the columns titled “Planned” and “Actual.” You can use the “Insert” functio.... More »
Fairfax Financial Holdings Ltd. says it has bought a 13.7 per cent stake in steel producer Stelco Holdings Inc. for roughly $250 million.
U.S. stock markets slid on Monday with technology shares leading the way after an Asia Pacific Economic Co-operation meeting this weekend highlighted the trade tensions between the U.S. and China. The TSX was lower, led by energy stocks.
Nissan Motor’s chair Carlos Ghosn has been arrested and will be dismissed for alleged under-reporting of his income and misuse of company funds, the company said Monday.
