The best high-interest savings accounts in Canada for 2024 May 2nd
The best GIC rates in Canada for 2026 Jun 1st
Is taking on debt always bad? Or is there such a thing as ‘good debt’? Sep 5th
How young investors can respond to stock market volatility Mar 25th
Why it seems like you can never get ahead (Hint: It’s not your streaming subscription) Mar 25th
Making sense of the markets this week: July 17
– moneysense.ca
Big thanks to Jon and Dale for taking the “Making sense of the markets” baton the last few weeks as my wife and I enjoyed a much-needed vacation. The time away was excellent—the airports, not so much. In any case, the markets never take a break, and with earnings season kicking off, there was no shortage of storylines to catch up on.
Interest rates continue rise in race against inflation
Inflation—and governments’ response to it—continues to dominate the headlines and control investor sentiment.
The Bank of Canada (BoC) surprised business leaders on Wednesday with a full 1% raise of the benchmark interest rate, from 1.5% to 2.5%. Experts had predicted a 0.75% increase, which would be in line with the U.S. Federal Reserve’s recent increase—from 0.75% to 1.5%. Instead, the BoC chose to be even more hawkish on inflation than our southerly neighbour…
What’s Russell Peters doing now? Investing, and it’s a laugh
– moneysense.ca
Money is no joke—or is it? For Brampton, Ont., native and celebrated comedian Russell Peters, money is as funny as it is serious because, well, everything is funny through his perspective (iykyk). He’s very into real estate (the stand-up comic loves collecting houses) and has recently bought two condos in Toronto as part of his ambassador partnership with The Condo Store Realty Inc. While Peters does live in Los Angeles, he stopped in Toronto to meet with Simon S. Mass, founder and CEO of the real estate investment firm in Liberty Village, where he also sat down with MoneySense. We talked about his investments, had a few laughs, discussed money lessons he’s learned, had a few more laughs, chatted about downsizing—and laughed some more.
The happy accident of collecting homes
Lisa Hannam: You have five or six homes. What is it about real estate that makes you keep wanting to collect?
Russell Peters: Well, I have properties. But I didn’t buy them as investment or rental properties…
