How to go about securing the best return for your investment in Canada.
Latest News
Know your TFSA contribution limit + MORE Nov 30th
For Canadian investors and savers, it’s always some of the best news to come each year: new TFSA room that becomes available each January 1. For 2025, the TFSA contribution limit is $7,000 (the same amount in 2024).
The actual TFSA yearly limit was set at $5,000 back in 2009 when the investmen.... More »
Here’s how you can clean up your financial house by decluttering your life Sep 27th
If you’re looking for renewed energy for the later portion of the year, writes personal finance columnist Lesley-Anne Scorgie, get rid of distractions in your life so you can keep your eye on the financial ball.... More »
Premarket: Stocks down, gold up after aborted Russian mutiny ignites safe-haven push - The Globe and Mail + MORE Jun 26th
Premarket: Stocks down, gold up after aborted Russian mutiny ignites safe-haven push The Globe and MailHere we go, oil prices now higher after the failed coup attempt in Russia ForexLiveRussian Unrest Throws New Risk Into Already Volatile Gas Market BNN BloombergOil .... More »
Google didn't think its Bard AI was 'really ready' for a product yet, says Alphabet chairman, days after the chatbot's very public mistake tanked the company's stock - Yahoo Canada Finance Feb 14th
Google didn't think its Bard AI was 'really ready' for a product yet, says Alphabet chairman, days after the chatbot's very public mistake tanked the company's stock Yahoo Canada FinanceAlphabet Chairman John Hennessy explains why Google was hesitant to put out its ChatGPT competitor .... More »
Making sense of the markets: Looking at 2025 + MORE Jan 2nd
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Can we make sense of the 2025 markets?
Stock market predictions rarely age well. (As you can read from our look at 2024..... More »
RRSP top-ups in retirement could cost you
– moneysense.ca
Q: I retired in May 2009 and was under the impression that I could no longer contribute to an RRSP. I just found out I could, and my 2016 notice of assessment shows I have available contribution room for 2017 of $25,749. Also, my RRSP/PRPP deduction limit for 2017 is $25,749. My pension income for 2017 is roughly $50,000. I split with my wife $20,000 of that total. My question is can I purchase and claim RRSPs to the maximum amount
—Tom
A: Most people don’t envision contributing to their Registered Retirement Savings Plan (RRSP) in retirement, Tom. But usually that’s because most retirees don’t have money sitting around that could be used and are instead drawing down their RRSPs. It doesn’t mean you can’t contribute though.
First, I’d like to help you decipher your notice of assessment. Canada Revenue Agency (CRA) does a horrible job, in my opinion, of explaining RRSPs on an annual tax assessment. I find lots of people get confused and some even end up putting too much into their RRSPs because the CRA’s info is so unclear…
Chinese firm Sequoia Resources exits oil sites in need of environmental cleanup
– theglobeandmail.com
Company’s struggles raise questions about oversight of transactions in cases where purchasers lack the financial wherewithal to clean up assumed liabilities
Linamar hits record sales, earnings amid expanded operations
– theglobeandmail.com
The Guelph, Ont.-based producer of machine parts says net earnings for 2017 came in at $549.4-million compared to $522.5-million a year earlier
VANCOUVER — A new report from Canada’s largest community credit union says more than half of women in British Columbia experience “extreme emotional stress” when considering their financial situation.
The report from Vancity reveals a “financial health gender gap” in B.C., and says while money worries cause extreme stress for 52 per cent of women, 38 per cent of men in the province feel the same way.
READ: 4 ways women can take control of their finances now
The study also highlights financial and economic differences between women in B.C. and other parts of Canada.
Using data from the 2017 Canadian Financial Health Index and other sources, the report finds that B.C. women make less money, pay more for housing and face a higher cost of living than women in the rest of the county.
Statistics Canada says B.C. women also make 35 per cent less at work than their male counterparts, while the report shows nearly four in 10 feel physically unwell when mulling finances, compared to 30 per cent of B…
The report from Vancity reveals a “financial health gender gap” in B.C., and says while money worries cause extreme stress for 52 per cent of women, 38 per cent of men in the province feel the same way.
READ: 4 ways women can take control of their finances now
The study also highlights financial and economic differences between women in B.C. and other parts of Canada.
Using data from the 2017 Canadian Financial Health Index and other sources, the report finds that B.C. women make less money, pay more for housing and face a higher cost of living than women in the rest of the county.
Statistics Canada says B.C. women also make 35 per cent less at work than their male counterparts, while the report shows nearly four in 10 feel physically unwell when mulling finances, compared to 30 per cent of B…
The female-led investor group that had agreed to buy The Weinstein Company’s assets pulled its offer on Tuesday, and lead investor Maria Contreras-Sweet said the decision was made after the group ‘received disappointing information’ about the state of the company’s finances.
