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.
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The 11 best travel credit cards in Canada for July 2023 + MORE Jul 13th
Credit Cards
The 11 best travel credit cards in Canada for July 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
Find my perfect card* .... More »
Tech stock sell-off pushes markets lower Nov 12th
A steep drop in technology companies sent U.S. stocks sharply lower Monday, knocking off more than 600 points from the Dow Jones Industrial Average..... More »
What happens to my RRIF when I die? + MORE Mar 30th
Ask MoneySense
I have named my three adult children as the beneficiaries of my RRIF account. Will this account be rolled over to them on a tax-free basis?–Bob
Can you name a beneficiary on a RRIF?
Thanks for your question, Bob. A registered retirement income fund (RRIF) is one of several re.... More »
How to plan for retirement for Canadians: A review of Four Steps to a Worry-Free Retirement course + MORE Oct 26th
With November incoming and being Financial Literacy Month in Canada, it seems appropriate to devote this edition of the Retired Money column to a new Canadian DIY retirement course created by MoneySense’s “Making sense of the markets” columnist Kyle Prevost.
Entitled 4 Steps to a .... More »
Kristy Shen on living the FIRE life and using money to “buy back time” + MORE Apr 4th
In their early 30s, Kristy Shen and Bryce Leung quit their high-paying jobs in software engineering to travel the world. The Toronto couple had $1 million in savings, but instead of taking the conventional route of home ownership, they packed their suitcases. Shen and Leung started sharing their adv.... More »
The highly anticipated shares of music streaming app Spotify opened for trading on the New York Stock Exchange on Tuesday at $165.90 US — nearly 26 per cent above the price set just a day before.