All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
RBC beats profit expectations, raises dividend and plans to buy back shares - The Globe and Mail May 28th
RBC beats profit expectations, raises dividend and plans to buy back shares The Globe and MailROYAL BANK OF CANADA REPORTS SECOND QUARTER 2026 RESULTS Yahoo! Finance CanadaRoyal Bank of Canada declares dividends PR Newswire CanadaRBC tops expectations, hikes dividend.... More »
‘It’s a big investment’: Ottawa announces major investment in Atlantic Canada’s aerospace sector - BNN Bloomberg May 13th
‘It’s a big investment’: Ottawa announces major investment in Atlantic Canada’s aerospace sector BNN BloombergSee more headlines & perspectives on Google News.... More »
Mark Carney tells U.S. investors Canada 'can help make America great again' May 28th
The prime minister urged New York investors and the American administration to see Canada as a trusted ally and safe haven for investment..... More »
Renting out your home can bring cash—and complications May 20th
If you search “Airbnb how to get started” you’ll reach their splash page with a big number. As of May in Toronto, Airbnb says you can make more than $4,000 per month during the FIFA World Cup. It’s a powerful lure for someone who needs help with their rent or mortgage, and has a spare room t.... More »
How AI is changing online fraud May 13th
Just as we learned to ignore random dubious email requests from a self-described “Prince in a faraway land” seeking help recovering their lost fortune, those scams began to disappear. The same might soon happen to the latest generation of emails and text ruses, with its tell-tale conspicuous mis.... More »
What is the Saskatchewan Pension Plan?
– moneysense.ca
The Saskatchewan Pension Plan (SPP) was introduced in 1986 and was originally intended to help part-time workers, the self-employed, or others without access to a pension to save for retirement. Over time, it has evolved and become more appealing to both individuals and businesses.
Who can join the Saskatchewan Pension Plan?
Despite being a provincial initiative, the SPP is available to all Canadians. It is now the country’s 21st-largest defined contribution pension with over $800 million of investment assets and more than 33,000 members.
You can open an account online if you’re between the ages of 18 and 71. There are no minimum contributions, so deposits are entirely voluntary. You can contribute with automated withdrawals or lump sum deposits.
Contribution limits were originally quite low but in 2023, the SPP removed the annual contribution limit. Now, contributions are based on an accountholder’s registered retirement savings plan (RRSP) room, just like an RRSP account…
