How to go about securing the best savings strategy in Canada.
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A guide to the best robo-advisors in Canada for 2022 + MORE Jan 9th
“You had me at low fees!” That was our reaction to the arrival of robo-advisors in Canada, beginning in 2014. Faced with few alternatives to mutual funds and self-directed brokerage accounts, young and middle-income investors embraced the option of having their savings passively managed in a bu.... More »
How to open an RDSP Dec 19th
Jason Heath gets a lot of calls from clients about registered disability savings plans (RDSPs). Many are interested in setting up the plan, a tax-deferred savings vehicle for people with disabilities, because they’ve heard about the generous grants they can qualify for. The Canadian government wil.... More »
The best RRSP investments 2022 + MORE Jun 26th
A registered retirement savings plan (RRSP) is an investment that is registered with the Canadian federal government. RRSPs are often described as being “tax-advantaged.” That means you don’t pay income tax on the amount you are contributing to an RRSP, in the year you earn that contribution. .... More »
Inflation: How It Affects Your Finances + MORE Jun 13th
Much of Canada’s economy has ground to a halt amid the COVID-19 pandemic. One of the effects of this has been a drop in prices for many items. Most notably, gas.
As a result of consumer prices dropping, Canada’s inflation rate went negative to -0.2% in April, according to Statistics Canada, whi.... More »
Can a first-time home buyer have a mortgage co-signer? Sep 18th
If you’re in the market for your first home but need help coming up with the financing, you do have some options, including asking someone to co-sign the mortgage. Involving a third party is probably not what you envisioned for home ownership, but recent interest rate hikes and rising real estate .... More »
Nominees for the 2018-2019 Best of Finance Awards
– ratesupermarket.ca
Every year, RateSupermarket.ca carefully analyzes the Canadian credit card and banking industry and awards the best products at its Best of Finance Awards.
There will come various points in every person’s life when they’ll be required to make a financial choice. But when there are hundreds of banking products on the market, applying for a mortgage, a line of credit, a loan or even a credit card can be overwhelming. What features should you look for? Which product will help you save or earn more?
At RateSupermarket.ca, we strive to help every Canadian consumer find the credit card, bank account or investment product that best fits their lifestyle and budget. That’s why we annually recognize some of the top products in the personal finance industry at our Best of Finance Awards, helping you – the consumer – ultimately find your best match.
In selecting the top nominees in each category, we examined dozens of products and took various factors into consideration, such as points, miles, interest rates, balance transfer rates and annual fees…