Europe launches a new mission to image Earth's magnetic shield in 2026 while the operational satellite warning of solar storms is a 1995 spacecraft running 28 years past retirement — the gap between discovery science and operational continuity within a sin – Space Daily + MORE May 16th

Here’s a round-up of news for Canadian investors this week.

Barrick

Cineplex

Manulife

Brookfield

Canada Goose

Canadian Tire

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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999…

One thing I want to make very clear up front is that distributions from an exchange-traded fund (ETF) are not free money. On the ex-distribution date, the net asset value, or NAV, of the ETF adjusts downward by exactly the amount of the payout. That is simply how fund accounting works. Even if the market price later recovers during the trading day, the economic reality remains the same: money left the ETF and got distributed to investors.

There is also the tax-efficiency side to consider. Unless you are holding these ETFs inside a registered account such as a tax-free savings account (TFSA), registered retirement savings plan (RRSP), or another tax-sheltered account, those distributions may create tax liabilities. 

Depending on the structure, distributions can consist of return of capital, dividends, ordinary income, or capital gains. Return of capital is common with covered-call strategies and lowers your adjusted cost base, but that does not mean taxes disappear forever. They are often deferred instead…

The Saskatchewan Pension Plan (SPP) was introduced in 1986 and was originally intended to help part-time workers, the self-employed, or others without access to a pension to save for retirement. Over time, it has evolved and become more appealing to both individuals and businesses. 

Who can join the Saskatchewan Pension Plan?

Despite being a provincial initiative, the SPP is available to all Canadians. It is now the country’s 21st-largest defined contribution pension with over $800 million of investment assets and more than 33,000 members. 

You can open an account online if you’re between the ages of 18 and 71. There are no minimum contributions, so deposits are entirely voluntary. You can contribute with automated withdrawals or lump sum deposits. 

Contribution limits were originally quite low but in 2023, the SPP removed the annual contribution limit. Now, contributions are based on an accountholder’s registered retirement savings plan (RRSP) room, just like an RRSP account…

I often write about the big financial adjustments newcomers face when moving to Canada: mortgages, credit scores, taxes, and retirement savings. But some of the hardest financial lessons are not the major ones, but the tiny daily interactions that most Canadians no longer think about.

Things like tipping: when to do it, how much to leave, and whether you are expected to tip at all. Those awkward payment-terminal moments are not just about money. They sit at the intersection of personal finance, cultural norms, social pressure, and emotion, which is why they can feel especially stressful for newcomers.

I still remember struggling to understand Canadian coins. I would stand at counters with change in my hand while a lineup formed behind me, eventually giving up and handing cashiers a zip-top bag of coins so they could pull out what they needed.

But the coins were harmless; tipping was entirely different.

My first Canadian tipping panic

In July 2011, my now-wife and I flew in from Dubai to Ottawa to spend time with her parents and enjoy the Canadian summer…

Europe launches a new mission to image Earth’s magnetic shield in 2026 while the operational satellite warning of solar storms is a 1995 spacecraft running 28 years past retirement — the gap between discovery science and operational continuity within a sin  Space DailySmile arrives at the Vega-C launch pad  European Space AgencySmile lifted into place  European Space Agency