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
Stock news: Air Canada leads TSX earnings roundup with guidance pause amid fuel uncertainty May 1st
Here’s a round-up of news for Canadian investors this week.
Air Canada
Canada Packers
Bombardier
Spin Master
Gildan
Featured RRSP Accounts
featured
EQ Bank
Build your ret.... More »
Toronto real estate: 100,000 jobs at risk as new home sales drop to lowest level in 45 years Jan 22nd
The situation is “absolutely dire," according to a new report from the Building Industry and Land Development Association (BILD)..... More »
Tesla drops another 6% in premarket, bringing two-day losses to 14% - CNBC Feb 23rd
Tesla drops another 6% in premarket, bringing two-day losses to 14% CNBCElon Musk loses US$15 billion in a day after bitcoin warning BNNWhy The Tesla Stock Is Falling Torque NewsElon Musk is the Bitcoin-buying hypocrite we deserve Nikkei AsiaElon Musk's br.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Aug 5th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
Advertisement
Why trust us
MoneySense is an.... More »
Helping your kids buy their first home: Smart strategies for today’s market + MORE Mar 5th
With housing prices close to record highs, many young adults worry that homeownership is no longer a realistic goal. But with smart planning, education, and creative strategies, buying that first home is still possible. As parents (or grandparents), we can empower our kids by teaching them strong fi.... More »
Like any good urban legend, there’s always a friend of a friend who traded in their paper-thin, 400-square-foot apartment for a dirt-cheap dream house in an idyllic town.
And as the pandemic goes on, the lack of cultural events, limitations to restaurant dining and public transit, and ever-crowded streets have all contributed to a desire to flee urban centres. And if you’re working from home, why pay the overhead for an expensive downtown home office? A lot of city-dwellers feel like the premium they’re paying for proximity to those perks and their workplace just isn’t worth it right now.
But, do you really get the full farm for the cost of your condo?
Sure, some things like cost per square foot are cheaper, but there are glaring financial blind spots to leaving the city. Julie Cowan, a relocation specialist and owner of Relo To, a relocation and destination services boutique company, advises clients to “worry in the right order” when considering a move. Not bad advice for most things in life…
And as the pandemic goes on, the lack of cultural events, limitations to restaurant dining and public transit, and ever-crowded streets have all contributed to a desire to flee urban centres. And if you’re working from home, why pay the overhead for an expensive downtown home office? A lot of city-dwellers feel like the premium they’re paying for proximity to those perks and their workplace just isn’t worth it right now.
But, do you really get the full farm for the cost of your condo?
Sure, some things like cost per square foot are cheaper, but there are glaring financial blind spots to leaving the city. Julie Cowan, a relocation specialist and owner of Relo To, a relocation and destination services boutique company, advises clients to “worry in the right order” when considering a move. Not bad advice for most things in life…
How to make your retirement savings go farther and last longer
– moneysense.ca
If you are like most Canadians, the investment choices you make during your working years may have a significant impact on your retirement. But the importance of smart investing doesn’t end when you retire. In fact, post-retirement investing can have an even larger impact on your retirement well-being. There are two reasons why.First, retirements are much longer now. Many Canadians are living well into their late 80s and 90s. At the same time, many are retiring, semi-retiring or switching to less remunerative pursuits earlier. So, those leaving full time work at age 60 or 65 must consider the potential for a retirement of 30 years or more. As a result, many will be investing for a longer time period after their retirement date than during their working years.
Second, there is more money at stake. Hopefully your nest egg will grow as you approach retirement (assuming decent market conditions). Also, at some point you may receive a large cash infusion from an inheritance, from downsizing your residence, or selling a business…
