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Fewer Canadian drivers planning to buy an EV or hybrid Nov 28th
A new survey finds fewer drivers intend to make their next car purchase an electric vehicle.
EY’s Mobility Consumer Index report shows overall intentions among survey respondents to buy a new vehicle were up 6% compared with last year. But fewer of them are leaning toward buying an EV.
Inten.... More »
What types of tax-free savings accounts (TFSAs) exist? Dec 19th
A tax-free savings account (TFSA) is a fantastic way to earn money on your savings, without having to pay tax on those earnings. Registered by the federal government, TFSAs are available to Canadians aged 18 and older. Unlike a registered retirement savings plan (RRSP), you cannot deduct contributio.... More »
Trump rings bell on record stock market - but will it last? - BBC.com + MORE Dec 12th
Trump rings bell on record stock market - but will it last? BBC.com11 highlights from Trump's Time Person of the Year interview CBS NewsPerson of the Year 2024: See the Shortlist TIMEDonald Trump is TIME’s Person of the Year for 2024 Global News TorontoT.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Dec 2nd
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Tesla Stock Rises After Analyst Price Target Increase. So Much for the Bear Market. - Barron's Jan 3rd
Tesla Stock Rises After Analyst Price Target Increase. So Much for the Bear Market. Barron'sCanaccord boosts Tesla price target, calls 2025 'year of the robot' Yahoo FinanceTesla reports first-ever drop in annual deliveries CNBC2024 sees Tesla sales drop for first ti.... More »
Talking about money can be loaded with emotions. In fact, 44% of Canadians said money is one of the big topics that they fret over, according to the 2024 Financial Stress Index. Nearly half of those surveyed say they lose sleep over money troubles. Any divorce lawyer will tell you that money issues are often a big factor in the dissolution of a marriage. And you’re likely no stranger to seeing the stress in your clients when they talk about their financial situations with you.
It makes sense then, that financial advisors, bankers, accountants and anyone helping people manage their finances, may have an emotionally fraught conversation with a client from time-to-time. Whether a client becomes quiet, hyperactive or even cries, these are all natural reactions to an emotionally uncomfortable state. But that doesn’t mean we have to let these reactions come in the way of giving sound advice and helping people reach their financial goals.
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