How to go about securing the best return for your investment in Canada.
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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
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EQ Bank
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Why emotional biases may be riskier than market swings + MORE Apr 17th
Investing your money in the stock market can be more emotional than analytical, especially when the markets are volatile. And at times, it can be hard to keep those emotions in check. That’s when behavioural biases start driving investment decisions—moves that are purely based on how youR.... More »
Hyundai Ioniq 6 Preferred Long-Range AWD: The best affordable EV in Canada for long-range driving for 2024 Nov 30th
When it comes to range for the dollar, the Hyundai Ioniq 6 Preferred Long-Range delivers maximum return on your investment. This electric vehicle (EV) provides a substantial advantage versus higher-priced models from BMW, Audi, Mercedes-Benz, Tesla, Lucid and Porsche. And it often delivers about 30%.... More »
The best GIC rates in Canada for 2024 + MORE Dec 30th
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.
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MoneySense is an award-winning magazine, helping Canadians navigat.... More »
Are you receiving the child benefits you’re entitled to? + MORE Jun 13th
No surprise, but raising kids is expensive. Statistics Canada calculates that each child costs a two-parent household an average of $17,235 a year.
To help parents make ends meet, the federal government offers the Canada Child Benefit (CCB). If you have children under 18 and file a tax return, yo.... More »
The best TFSAs in Canada for 2021
– moneysense.ca
As the name suggests, tax-free savings accounts (TFSAs) offer a tax break on contributions—meaning that, unlike with a regular savings account or non-registered investment account, what you earn inside your TFSA isn’t taxed, even when you make a withdrawal. TFSAs are flexible, too, allowing you to hold cash, guaranteed investment certificates (GICs), stocks, bonds, exchange-traded funds (ETFs) or mutual funds, so you can tailor your account to different financial strategies and goals. The TFSA contribution limit for 2021 is $6,000, but keep in mind that if you qualified to make a contribution in 2020, but didn’t that contribution room is still available to you. For those who turned 18 in the year 2009 or prior, the lifetime contribution limit is $75,500.
The best TFSA accounts in Canada for 2021
Read on to learn the basics about TFSAs and browse the best TFSA rates and accounts for Canadians to determine which account suits your needs best. These accounts have been listed based on their individual rates of return, security and other benefits…
