How to go about securing the best return for your investment in Canada.
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A simple guide to investing your first $500 Jan 22nd
For many young Canadians, the barrier to entry for investing feels impossibly high. Between student loans, rising rent, and the cost of living, scraping together a starter fund can seem daunting. Yet, as little as $500 to $1,000 is sufficient enough to begin building the habits that create long-ter.... More »
Canadians to see lower fees and simpler account transfers + MORE Nov 6th
Ottawa plans to make it easier for Canadians to move their banking and investment accounts in a bid to increase competition and reduce costs for consumers. The government said as part of Tuesday’s federal budget, it will move to eliminate investment and registered account transfer fees, which .... More »
Balancing personal and financial goals as you build a new life in Canada + MORE Nov 19th
Starting over in a new country can feel like being handed a blank canvas and a long to-do list. There’s the excitement of exploring your new surroundings, trying new foods, and building a life from scratch. But alongside that is the very real pressure of needing to get your finances in order.
F.... More »
Carney government proposal targets extinction protections for endangered killer whales off B.C. coast + MORE May 14th
The orcas have been affected by shipping traffic causing physical and acoustic disturbances, pollutants and declining food stock..... More »
This major Ontario lender announces financial hit as borrowers miss payments, bad loans mount Mar 11th
Publicly-traded Goeasy's announcement follows Star investigation revealing staff at subsidiary LendCare had set out to suppress its delinquency rate..... More »
U.S. stocks approach their all-time high as oil prices tumble BNN BloombergTrading Day: Truce triggers world equity whoosh ReutersFragile Iran-Israel ceasefire calms oil markets Al JazeeraHow major US stock indexes fared Tuesday, 6/24/2025 The Globe and MailNasdaq 100 Heads for Record as Trade Hopes, Earnings Spark Rally Bloomberg
Moving away from Canada? Your mutual funds can’t go with you
– moneysense.ca
If you’re planning a move from Canada to another country, such as the United States, and you currently hold Canadian mutual funds in a non-registered (taxable) investment account, it’s time to hit pause and take a closer look. While mutual funds are often seen as safe, diversified and familiar investment choices, they can become problematic—and costly—when international borders come into play. Here’s what Canadian investors need to know about moving mutual funds to another country.
The hidden risks of moving mutual funds across borders
Mutual funds are built to function within the regulatory framework of their country of origin—which is perfectly fine until your country of residence changes. Once that happens, those same mutual funds can quickly turn into financial liabilities.
When you update your account address to reflect your new country, many financial institutions and online brokers will freeze the account or restrict it to “sell only” transactions. That means no rebalancing, no professional management and no ability to adjust to evolving market conditions…
