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The close: TSX climbs within reach of all-time high as industrials rally + MORE Oct 25th
Dow jumps with upbeat 3M, Caterpillar earnings
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How RRIF withdrawals work when you have multiple registered accounts Mar 4th
Ask MoneySense
If I convert, say, 50% of my RRSP to RIF, is the mandatory withdrawal calculation based on the converted 50% or the total (unconverted) RRSP and converted RIF? Does Canada Revenue Agency inform me how much I need to withdraw every year from my RIF?
—Jackie
Withdrawals from m.... More »
The best credit cards for seniors in Canada in 2024 + MORE Aug 27th
What are the best credit cards for seniors in Canada? That was a question we recently received from a reader, and while credit cards are more about an individual’s unique spending habits and the benefits they find most useful in a credit card than age, we still thought we could help. With this in .... More »
Trump warns courts against knocking down tariffs, says duties are 'huge positive' for stock market - CNBC Aug 8th
Trump warns courts against knocking down tariffs, says duties are 'huge positive' for stock market CNBCTrump warns of another Great Depression if court strikes down tariffs CNNMore than 60 countries scramble to respond to Trump’s latest tariffs The GuardianState of.... More »
Fear grips investors as stock markets plunge, loonie down - CTV News Mar 12th
Fear grips investors as stock markets plunge, loonie down CTV NewsTSX, Wall Street keep dropping after triggering 2nd trading halt in a week Global NewsTSX falls by 12%, now back to where it was in 2016 CBC.caCanadian stocks on brink of biggest drop since 1940 amid g.... More »
Why you should set a money date with your partner
– moneysense.ca
It’s perfectly normal for couples to disagree—on living room decor, sports allegiances, Downton Abbey—but there’s one topic where discussions get downright toxic: money. One study from Utah State University suggests that partners who fight about money at least once per week are 30% more likely to divorce. Which is why every couple should go on a money date. Partners should set aside time to discuss their finances and goals in a setting where they each feel comfortable, says Karen Collacutt, a Money Coach based in Barrie, Ont. “As a society we’re in an ignore-and-panic cycle around money,” she says. “We often only deal with money when it feels like a problem, but money itself is neutral.” Here’s how to put the romance back in your relationship with some honest financial communication.1. Turn off the TV
The worst thing you can do is talk about money while distracted, says Collacutt. So, pencil in a few hours away from other distractions—that includes the kids and the TV…
