In the past, Canadian do-it-yourself (DIY) investors often had to assemble portfolios by combining multiple exchange-traded funds (ETFs) — matching Canadian, U.S. and international equity ETFs with bond ETFs for lower-risk or older investors. That changed in 2018 when major providers such as Vanguard, iShares and BMO introduced asset allocation ETFs. These funds give individual … Read more

Canadians already rely heavily on digital payments. We shop, pay bills and transfer money domestically and internationally with cards, apps and online banking every day, all using government-backed Canadian dollars. At the same time, the Bank of Canada is researching a central bank digital currency (CBDC) for Canada. While the Bank says there is no … Read more

If rising inflation and the higher cost of living have stretched your household budget, some relief has arrived. In May, the Cost of Living Act (Bill C-46) became law and introduced several measures to ease expenses for Canadians — including a one-time grocery rebate. Below is a clear, up-to-date guide to the Canada grocery rebate: … Read more

Ask MoneySense Do I need to claim my 16-year-old daughter’s income if she made under $12,000? She’s full-time in school in Grade 11. Can I still claim her as a dependent? If I have to claim her income on mine it affects my income and I won’t get a refund. What happens if I choose … Read more

Have you ever reached the end of the month and wondered where your paycheck disappeared? If so, creating a budget can give you clarity and control. While budgeting might not be the most exciting pastime, it’s a practical tool for understanding your spending, planning for bills, and reaching financial goals like building an emergency fund, … Read more

This week, Cut the Crap Investing founder Dale Roberts reviews recent financial headlines and provides context for Canadian investors. Is AI akin to the invention of electricity? Markets have been buoyed by exuberance around artificial intelligence—commonly shortened to “AI.” During the April 30 “Making sense of the markets” column, at the height of AI-related earnings … Read more

Maybe you’re considering online investing or switching brokers or robo-advisors. If you’ve narrowed your choices to Wealthsimple and Questrade, you’ve picked two solid Canadian platforms that can help grow your investments. Both platforms offer self-directed and managed investment options, but they differ in product range, fees and features. The right choice depends on your goals, … Read more

Ask MoneySense I’m a senior with $190,000 in my RRIF. Would it be sensible to place the entire amount into a single diversified ETF, such as the Vanguard Conservative ETF Portfolio (VCNS)? Or is it better to split the funds across three or four ETFs? I was thinking of 20% in the iShares S&P/TSX 60 … Read more

Even if the name Fintel Connect doesn’t ring a bell, you’ve likely encountered the company’s work. Fintel Connect operates as a marketing partner for the financial sector, connecting aggregator websites with banks and other financial institutions. The company provides tracking links, application platforms and other tools that help distribute financial products like credit cards, while … Read more

How to Cut Your Grocery Bill in Canada: Budgeting and Meal-Planning Tips Welcome to MoneyFlex, a column about the financial pressures Canadians face today. Each month, journalist and editorial assistant Margaret Montgomery shares practical advice and expert insights to help you improve your money habits—starting with how to handle rising grocery costs. At the grocery … Read more