There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
Latest News
Mission digital: How Coinbase is reshaping Canada’s crypto landscape + MORE Jul 11th
If you don’t follow crypto, you may have missed this news in April: Coinbase became the largest cryptocurrency exchange to be registered as a restricted dealer in Canada, as well as the first international crypto exchange to receive this status.
Coinbase Global Inc., based in the U.S., is a pub.... More »
Tesla's Q1 net income down 55% year over year - CBC News + MORE Apr 23rd
Tesla's Q1 net income down 55% year over year CBC NewsTesla shares jump 11% after Musk says company aims to start production of affordable new EV by early 2025 CNBCTesla's shift on low-cost cars throws Mexico, India factory plans into limbo Yahoo Canada FinanceTesla .... More »
TDSB announces new CEO and new chief financial officer under new governance structure + MORE May 22nd
Camillo Cipriano, the director at the Niagara Catholic board for six years, will take the reins of the country's largest school board on June 8..... More »
Why Investing in Professional Plumbing Repair Saves You Money in the Long Run + MORE Nov 21st
Dealing with plumbing issues is a dreaded scenario for many homeowners, with the temptation to fix problems through DIY methods often leading to more trouble than anticipated. While it may seem cost-effective to handle repairs on your own, there are several long-term financial benefits to employing .... More »
The best GIC rates in Canada for 2024 May 30th
Investing
The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Find the best rate
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What newcomers need to know about investing in Canada
– moneysense.ca
Canada is a beautiful, diverse country—maybe that’s why you immigrated here. But as a newcomer, you also need to know about the rising cost of living and the high income tax rate (up to a 54% marginal tax rate for high income earners). Today’s inflationary environment—with steep increases in housing and energy prices—isn’t helping. For example, Swiss investment bank UBS recently ranked Toronto as the world’s biggest real estate bubble. Vancouver is also among the top 10.
Thankfully, it’s not all doom and gloom. Canada has broad, deep, well-regulated financial markets for investors to explore. Newcomers are often pleasantly surprised to learn they also have easy access to U.S. markets when investing here in Canada. With sufficient investment knowledge and diligent planning, it’s possible to beat inflation and create long-term wealth. But doing this involves knowing how to:
Maximize returns.Optimize investment taxes.Reduce your investment fees.
Here’s how newcomers can achieve these aims…
