The best bank account should manage itself Jul 17th

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BDC’s Isabelle Hudon Talks Resilience, Supporting Entrepreneurs and Finding Happiness Nov 17th

Recently appointed president and CEO of the Business Development Bank of Canada (BDC) Isabelle Hudon has earned a spot among Canada’s most influential figures. Formerly the ambassador of Canada to France and Monaco, personal representative of the prime minister of Canada for the Francophonie, and .... More »

Should you transfer your DC pension plan to a discount brokerage? May 8th

Ask MoneySense I have been with the same employer for nearly 20 years and have participated in the company’s DC RPP for nearly that whole time.  A few years back I consolidated the majority of my different investment accounts—RRSP, TFSA and unregistered—by moving them all to a discount.... More »

The best GIC rates in Canada for 2024 Jun 1st

Investing The best GIC rates in Canada Find the best GIC rates in Canada. Plus, everything you need to know about how they work. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our.... More »

Are you really ready to retire? Why many Canadians are struggling with retirement planning Mar 24th

Despite best intentions, many Canadians are not financially prepared for retirement. This reality is driven by a combination of factors: rising costs of living, growing debt levels, insufficient personal savings, and a lack of proper planning. Unexpected life events such as health challenges, job lo.... More »

Helping your kids buy a home? Why a cash gift may be safer than co-signing Sep 6th

It’s not uncommon for parents to want to help their adult children enter the housing market. For some, that help comes in the form of co-signing for their child’s mortgage, but experts warn that means taking on financial risks they might not understand and could impact their own debt and.... More »
Between long hours at work and day-to-day responsibilities at home, finding time to take a break, catch up with friends or even squeeze in a workout requires serious time management skills. So it’s easy to shrug it off if you’re a couple of weeks late on that last Internet bill or get accustomed to swallowing the occasional overdraft fee when the rent cheque is cashed. And while an individual penalty charge doesn’t seem like a big deal, those small costs can add up in surprising ways—and they might actually be standing between you and your financial goals. Since hiring a personal assistant to keep you organized isn’t realistic for most Canadians, it’s good to know that simply choosing the best bank account for you can both help you stay on track so you aren’t losing your hard-earned money to unnecessary penalties and interest payments, as well as help you make the most of the money you keep. 
The CIBC Smart Plus Account* handles all of your banking in one place with a flat, predictable monthly fee that includes unlimited transactions (including INTERAC e-Transfer), plus the use of a premium credit card like the CIBC Aventura Visa Infinite Card…

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