Stock news for investors: Cenovus boosts MEG Energy stake to 9.8% + MORE Oct 17th

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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What the U.S. and Iran ceasefire means for Bitcoin + MORE Jun 24th

The past two months have been a rollercoaster of hope and disappointment for bitcoin (BTC) investors. In late February of 2026, BTC touched a low of about $63,000 (all figures in U.S. dollars unless otherwise specified), which was a fall of close to 50% from its October 2025 high of about $123,000.&.... More »

The best GIC rates in Canada for 2026 May 25th

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 »

What’s my RRSP contribution limit? Dec 12th

Your RRSP contribution limit is the maximum amount you can add to your registered retirement savings plan each year without triggering penalties. It’s based on your unused RRSP deduction room plus 18% of your previous year’s earned income, up to the annual CRA limit. Use our RRSP contri.... More »

Wealthsimple-X deal sparks investor risk concerns + MORE Apr 20th

A new partnership Wealthsimple has struck with social media platform X could greatly expand the finance company’s reach—but some critics are raising concerns about the risks for investors. Through the partnership launched this week, Wealthsimple customers who have its app on their p.... More »

A tax guide for Canadians with disabilities May 3rd

It is the understatement of the century to say that being disabled is expensive. Many advocates refer to the added financial burden as the “disability tax”—the extra, unavoidable costs of living with a disability. In Canada, where about 27% of people identify as disabled according to Statistic.... More »

Stock news for investors: Cenovus boosts MEG Energy stake to 9.8%

– moneysense.ca

Here’s a round-up of news for Canadian investors this week.

Cenovus-MEG Energy

Parkland-Sunoco

Cineplex

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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada…

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UK stock market hit by nerves over US banks – BBC

– news.google.ca

UK stock market hit by nerves over US banks BBCGlobal bank stocks waver as investors fear credit risks in U.S. regional banks CBCAsian shares retreat after worries over bank lending pull Wall St lower CityNews HalifaxWall Street steadies after its slide as banks recover some of their losses BNN BloombergStocks Rise as Trump Reassures on China, Regional Banks Report Bloomberg.com

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Stablecoins may offer a faster, cheaper way to send money overseas

– moneysense.ca

Canadians send billions of dollars abroad every year, and pay hundreds of millions of dollars for the privilege. While the growing number of options to send money has helped push fees down, it still on average costs about 6%, or $12, to send a typical $200 remittance from Canada, according to the World Bank. Meanwhile, the volume of remittances from Canada has soared to top $18 billion last year, up from a little over $7 billion a decade ago, meaning even more money is being swallowed up by fees.

Stablecoins promise fast, low-cost international transfers

Stablecoin advocates, however, think they can help. “You can quickly send money anywhere in the world for less than a penny,” said Didier Lavallee, chief executive of digital asset company Tetra Trust Co., on the promise of so-called stablecoins.

Unlike often-volatile cryptocurrencies, whose prices are based on speculation, stablecoin issuers hold assets (mostly U.S. treasuries) to back up their value, making them a much more reliable way to hold, and send, funds…

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