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Stock market news for investors: Shopify’s new exchange, Google’s acquisition, Nvidia’s launches and OTPP’s performance Mar 21st
Here’s a round-up of news for Canadian investors this week.
Shopify
Google
Nvidia
Ontario Teachers’ Pension Plan
Featured RRSP Accounts
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EQ Bank
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How to stay the course with your retirement plan during market volatility + MORE Apr 11th
Three days of wild market volatility sparked by U.S. tariffs is enough to cause any investor stress, but for those in retirement, the plunge can be extra difficult.
Markets have taken a nosedive after U.S. President Donald Trump’s announcement of sweeping global tariffs last Wednesday (April .... More »
Should I draw down my RRIF to avoid estate taxes? + MORE Apr 25th
Ask MoneySense
Is it a good idea to withdraw more money monthly than one needs from one’s RRIF? What about beginning a regularly automated transfer of this extra money to one’s non-registered investments so that there is less money in the RRIF account upon death? As a result, the estate will be .... More »
OAS payment dates in 2025, and more to know about Old Age Security + MORE Apr 4th
If you’re approaching or planning for retirement, you may have questions about Old Age Security (OAS) benefits, like: Do I need to apply for OAS? How much will I receive in OAS? When do OAS payments go out? We cover these questions and more below. But first, here’s a quick overview of how OAS wo.... More »
Why “unretirement” may be the fate of so many Canadians
– moneysense.ca
The idea of “unretirement” seems to be making a comeback as more Canadians find themselves under economic stress. Even before the tariff threats emerged under Trump 2.0, seniors and near-retirees were finding the economic uncertainty and rising cost of living becoming uncomfortable. No surprise then that many who are approaching retirement age are delaying their exit from the workforce.
When I first saw the latest version of this survey by HealthCare of Ontario Pension Plan (HOOPP)—which finds more than one in four (28%) of working Canadians, aged 55 to 64, expect to continue working in retirement to support themselves financially—I assumed HOOPP’s use of the term “unretirement” referred to people who had tried retiring but then went back to work, usually for reasons of financial necessity.
However HOOPP’s definition is a bit different. It describes it as the situation for “respondents who are not either retired or semi-retired, meaning they may be employed full- or part-time, or unemployed but not due to retirement…
