Stock news for investors: Canopy Growth to acquire MTL Cannabis in $125-million deal + MORE Dec 20th

There are plenty of retirement plan options in Canada! Stay on top of the best plans right here.

Latest News

CPP payment dates in 2026, and more to know about the Canada Pension Plan Jan 3rd

In Canada, most retirement plans include the Canada Pension Plan (CPP). Whether retirement is just around the corner or still years away, CPP is likely to form part of your retirement income. How much you receive depends on factors such as your earnings history, contributions, and when you start col.... More »

Stock news for investors: Goeasy shares plunge nearly 60% after lender suspends dividend + MORE Mar 14th

Here’s a round-up of news for Canadian investors this week. Goeasy Algoma Steel Transat RBC MDA Space Empire Featured RRSP Accounts featured EQ Bank Build your retirem.... More »

Stock news for investors: Rogers posts loss, Teck profit surges Jul 25th

Here’s a round-up of news for Canadian investors this week. Rogers Teck Scotiabank Sleep Country Featured RRSP Accounts featured EQ Bank Build your retirement savings with 1.... More »

How are FIRE adherents making out? + MORE May 23rd

In the increasingly specialized world of financial blogging, there’s a subgenre of so-called “FIRE” experts, who expound on the acronym FIRE. FIRE stands for Financial Independence Retire Early. Some proponents are in their 40s or 50s and practising what they preach, having either reached fina.... More »

The best RRSPs in Canada for 2026 + MORE Jan 31st

Why should you open a registered retirement savings plan (RRSP)? This account type is often described as “tax-advantaged,” meaning it offers a tax-efficient way for savers and investors to build wealth for the future, usually for retirement. To maximize its potential, it helps to know the differ.... More »

Stock news for investors: Canopy Growth to acquire MTL Cannabis in $125-million deal

– moneysense.ca

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

Canopy Growth

Blackberry

Transat

Featured RRSP Accounts

featured

EQ Bank

Build your retirement savings with 1.50% interest, tax-deferred contributions and zero fees.

go to site

featured

Registered GIC rate

Earn a guaranteed 2.75% in your RRSP when you lock in for 1 year.

go to site

Best RRSP rates

See our ranking of the best RRSP accounts and rates available in Canada.

read now

Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada…

Continue Reading On moneysense.ca »

Unlocking the Annuity Puzzle: Why Canadians avoid what seems to be the perfect retirement vehicle

– moneysense.ca

The Annuity Puzzle is about a curious phenomenon in Canada: while life annuities sold by insurance companies seem to have all sorts of compelling reasons to acquire them, more often than not, retirees shun them.

Financial planner Robb Engen recently tackled this puzzle in his Boomer & Echo blog, “Why Canadians avoid one of retirement’s most misunderstood tools.” Engen notes that experts like Finance professor Moshe Milevsky and retired actuary Fred Vettese believe “converting a portion of your savings into guaranteed lifetime income is one of the smartest and most efficient ways to reduce retirement risk.” Vettese has said the math behind an annuity is “pretty compelling,” especially for those without Defined Benefit pensions.

Milevsky and Alexandra Macqueen coined a great term applicable to annuities when they titled their book about the subject Pensionize Your Nest Egg, which I reviewed in the Financial Post in 2010 under the title ”A cure for pension envy?”

Engen observes that a life annuity is “the cleanest version of longevity insurance … You hand over a lump sum to an insurer, and they guarantee you monthly income for life…

Continue Reading On moneysense.ca »

Banks.ca constantly finds the best and most current Retirement information available in Canada.

Share