There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.
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Are ETFs a good investment for an all-weather portfolio? + MORE Dec 15th
For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investment—suffered losses in 2021, as interest rates were poised to rise. Now that central banks have said .... More »
WhatsApp contact card feature now available for some lucky users - HT Tech Nov 27th
WhatsApp contact card feature now available for some lucky users HT TechWhatsApp rolls out contact cards sharing on Windows beta Gulf NewsWhatsApp is letting some users share contact cards; here’s everything you need to know about the feature The Financial ExpressW.... More »
TD tops estimates with rising rates lifting income from lending - BNN Bloomberg Dec 1st
TD tops estimates with rising rates lifting income from lending BNN BloombergCIBC profit falls 18% on higher costs, loan-loss provisions; hikes dividend The Globe and MailBank of Montreal 4Q Profit Rises, Adjusted. Earnings Miss MorningstarCIBC reports Q4 down from y.... More »
Manitoba government to hand out cheques to help with rising food, fuel costs - CBC.ca + MORE Jan 26th
Manitoba government to hand out cheques to help with rising food, fuel costs CBC.caManitoba premier announces second round of inflation cheques Global NewsManitoba premier to announce new round of cheques to combat rising cost of living CBC.caSecond round of Manitoba.... More »
Want to save money on gifts? Embrace holiday sales, and start early Nov 23rd
Have you started your holiday shopping yet? Plenty of Canadians are hitting “Add to cart” extra-early, whether they’re buying for Christmas, Kwanzaa or Hanukkah. Last year, supply-chain issues frustrated shoppers. The shipping delays have improved somewhat this year, but now inflation and tigh.... More »
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…
