When job hunting, you often read postings that describe duties, benefits, vacation time and workplace culture—but many listings omit a key detail: compensation. That lack of clarity can waste candidates’ time and leave them unsure whether to apply. It also leaves job seekers guessing who or what is evaluating their résumé, since many applications are … Read more

Ask MoneySense I have invested well and now I am in my 80s. My RRIF is almost $3 million and is going to attract heavy taxes. My other investments are about $2 million, some with capital gains which we are going to donate to charity. Any suggestions on how to reduce the huge tax liability? … Read more

The world is facing renewed instability. At the time of writing, Israel is preparing a ground operation in Gaza following an attack by Hamas, and the war between Russia and Ukraine continues nearly two years after it began in February 2022. These high-profile conflicts are only part of a broader pattern: violence and civil strife … Read more

The holiday season is approaching, and for many Canadians it won’t feel very merry in financial terms. Rising inflation, high interest rates, growing personal debt and ongoing worries about a possible recession have stretched household budgets. With prices up across the board and retailers already promoting gift guides while charities step up their appeals, many … Read more

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. Disney (and most U.S. companies) surprise to the upside With roughly 88% of S&P 500 companies having reported, nearly nine in ten have beaten earnings estimates. At the same time, consumer … Read more

If you missed the acclaimed film BlackBerry in theatres, the story will be available as a three-part limited series on CBC and streaming on CBC Gem, beginning November 9, with additional scenes not seen in the theatrical cut. The adaptation traces the rise and rapid decline of Canada’s early‑21st‑century technology champion. Beyond its entertainment value, … Read more

Nearly 60% of outstanding mortgages at Canadian banks will come up for renewal within the next three years, and homeowners could face a significant increase in monthly payments if interest rates do not fall, according to an RBC Capital Markets market update released at the end of October 2023. Depending on when a mortgage matures, … Read more

Responsible investing—investment decisions that explicitly factor in environmental, social and governance (ESG) considerations—has become a prominent theme in recent years. But how does that attention translate into the actual choices made by Canadian investors? According to the 2023 Canadian Responsible Investment Trends Report, published Oct. 26 by the Responsible Investment Association (RIA), the answer is … Read more

Passive income in Canada commonly includes interest, dividends, rental income and capital gains. Each type of income can be taxed differently depending on factors such as your total income, province or territory of residence, and how you hold the underlying assets. Understanding those differences can help you structure investments to improve after‑tax returns and avoid … Read more

There are several ways to borrow money to invest. Each option has different costs, tax consequences and risks, so it’s important to understand how they work before using leverage to grow a portfolio. Opening a margin account One straightforward method is a margin account at a brokerage. With margin, the broker lends a percentage of … Read more