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7 common crypto scams and how to avoid them Aug 10th
Cryptocurrency investing offers new and exciting opportunities, but it’s also rife with scams and tech-savvy con artists. And, as the money invested in crypto grows, so do the scams.
“Crypto investments are the top type of investment scams reported to CAFC (the Canadian Anti-Fraud Centre).”.... More »
Fewer Canadian drivers planning to buy an EV or hybrid Nov 28th
A new survey finds fewer drivers intend to make their next car purchase an electric vehicle.
EY’s Mobility Consumer Index report shows overall intentions among survey respondents to buy a new vehicle were up 6% compared with last year. But fewer of them are leaning toward buying an EV.
Inten.... More »
Crypto marketing: What can be said—and not said—in Canada? + MORE Dec 14th
I saw an ad saying there’s no risk in trading bitcoin. How can they say that?—Abbas
Good question. Crypto companies try to entice new customers with flashy marketing. Sometimes, the offers sound far too good to be true, promising outsized returns or low to no investment risk.
Here’.... More »
How to calculate the adjusted cost base of inherited property Feb 6th
Ask MoneySense
I sold a building that I inherited over 20 years ago. I don’t know the adjusted cost base (ACB) or fair market value of the building in 2003. How do I determine the value?—Bill
Reporting the sale of a property in Canada
When you sell real estate, you need to report that sal.... More »
Stock news for investors: Mixed fortunes for Lululemon, Couche-Tard, and Power Corp Mar 20th
Here’s a round-up of news for Canadian investors this week.
Lululemon
Alimentation Couche-Tard
Power Corp. of Canada
Featured RRSP Accounts
featured
EQ Bank
Build your retireme.... More »
Life, disability, critical illness. The world of insurance can be confusing. A financial planner weighs in on the ones you might want to consider.
There’s a lot of lousy financial advice swirling around on TikTok. But there’s good advice too. Here’s how to tell the difference.
