TD profit falls, missing expectations as economic downturn looms – The Globe and Mail + MORE May 25th

How to go about securing the best return for your investment in Canada.
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Canadian investors have been struggling with high inflation for a couple of years now. In an attempt to cool inflation down, the Bank of Canada (BoC) continues to keep interest rates high. As a result, the interest rates available for guaranteed investment certificates (GICs) look to be pretty attra.... More »
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Capital gains tax in Canada, explained + MORE Jan 31st

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School software hack hits school boards across six Canadian provinces - CTV News + MORE Jan 13th

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“Our parents just passed. What do we do about their estate?” + MORE Apr 22nd

Ask MoneySense My mom passed away a number of years ago and sadly we just lost our dad. My brother and I are wondering about taxes owing, the timing of distributions, and if we should move all of the investments to cash. My brother and I are beneficiaries of the RRIF and TFSA, and the grandkids.... More »
The five factors of retirement for CanadiansThis month’s Retired Money column reprises a couple of interesting takes on the key factors in deciding one’s timing of embarking on retirement. One is from the Plutus-award winning American author and blogger Fritz Gilbert, and the second is a Canadian take from MyOwnAdvisor’s Mark Seed.

A Canadian perspective on the five factors of retirement

Gilbert started the ball rolling back in April 2022, with a post on his The Retirement Manifesto blog, entitled “The 5 most important factors in your decision to retire.” His Plutus award was for Best Retirement Blog. After more than 30 years working in corporate America, Fritz retired (as planned) in June 2018 at age 55. He’s also the author of a book on retirement: Keys to a Successful Retirement (Rockridge Press, 2020).

Then on my own site, as it often does with permission from various financial bloggers, I re-reran Gilbert’s blog; it was noticed by Seed, who was inspired to riff on the same theme, with a Canadian spin and more remarks from his personal perspective…

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TD profit falls, missing expectations as economic downturn looms  The Globe and MailProfits dip as BMO and Scotiabank set aside hundreds of millions to cover bad loans  CBC NewsLive news: TD Bank adds to disappointing earnings for Canadian lenders  Financial TimesBMO and Scotiabank earnings disappoint as economic hurdles weigh on growth  The Globe and MailTD’s failed First Horizon purchase derails medium-term profit targets  ReutersView Full Coverage on Google News

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