All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Know your TFSA contribution limit + MORE Nov 2nd
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 2024, the TFSA contribution limit is $7,000, and for 2023, it is $6,500.
The actual TFSA yearly limit was set at $5,000 back in 2009 when the investm.... More »
Renting out your home can bring cash—and complications May 20th
If you search “Airbnb how to get started” you’ll reach their splash page with a big number. As of May in Toronto, Airbnb says you can make more than $4,000 per month during the FIFA World Cup. It’s a powerful lure for someone who needs help with their rent or mortgage, and has a spare room t.... More »
Her home insurance company dumped her after two modest claims. Here's how to make sure it doesn't happen to you Aug 18th
Ruth Blair's insurance broker eventually had a change of heart, but cases of nonrenewal are spiking, experts say, as companies lower their risk to sweeten corporate mergers..... More »
The best GIC rates in Canada for 2024 May 30th
Investing
The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Find the best rate
Tap "Return to top" to come back here.
.... More »
The best GIC rates in Canada for 2026 May 19th
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 navigate m.... More »
Shane Murphy is the CEO of Ownr, a platform that has helped simplify small business incorporation, registration and compliance processes for over 100,000 Canadian entrepreneurs. Prior to stepping into the role of CEO at Ownr, Murphy was an entrepreneur himself. His venture, Founded Technologies, helped businesses automate complex legal tasks, including incorporations. Ownr acquired Founded Technologies in 2020. Read Murphy’s thoughts on how to find meaningful work, the importance of diversifying your income and why he believes entrepreneurs can achieve financial freedom.
Shane Murphy (left) with the Founded Technologies team in 2020. Photo courtesy of Ownr.
Who are your money heroes?
I don’t have any specific heroes, but I have immense respect for anyone who reaches their financial goals while pursuing work they find meaningful.
How do you like to spend your free time?
Playing guitar, cycling or walking my 170-pound Black Russian terrier, Boutros.
If money were no object, what would you be doing right now?
Nothing radically different…
