Like many investors, I’ve noticed recent reports that roughly $10 billion moved out of chequing, savings and mutual funds into guaranteed investment certificates (GICs) during the third fiscal quarter. Bond yields have also risen substantially. Even so, I still believe the central idea behind the investing acronym TINA — “There is no alternative” to investing … Read more

If you joined Scene+ years ago for free movie tickets, you’ll be pleased to learn the program has evolved well beyond cinema perks. Scene+ now covers entertainment plus travel, dining, groceries and everyday shopping. Below is a clear guide to the program’s main features, how to earn points and practical tips to get the most … Read more

Canada faces a persistent employment challenge for people with disabilities. For many outside the disability community, the levels of poverty, unemployment and underemployment experienced by disabled Canadians are startling and entrenched. Statistics Canada data show disabled Canadians are significantly less likely to be employed than those without disabilities. Past reports found that employed Canadians with … Read more

As the crypto market slid into a bear phase this year, the steep decline pulled down virtually every digital currency—from bitcoin and ether to a broad array of altcoins. The total market value of cryptocurrencies fell dramatically from about USD 3 trillion in November 2021 to under USD 1 trillion by late September 2022. On … Read more

The dramatic decline in the crypto market during 2022 unsettled many committed cryptocurrency investors. Still, sharp and prolonged downturns—commonly called “bear markets”—are a normal and inevitable part of investing. Emotions can make decision-making harder during these periods, so it helps to understand what a bear market means, why it happens, and how to approach investing … Read more

The National Bank World Elite Mastercard remains a strong contender among travel credit cards thanks to generous insurance coverage, a streamlined points program and a set of useful travel perks. After the fall 2022 restructuring of its rewards and recent updates to insurance and travel reimbursement rules, this updated review examines whether the card still … Read more

The year 2022 has been turbulent for cryptocurrency markets. Large and sustained price declines have pushed the crypto market value below $1 trillion, a sharp retreat from the roughly $3 trillion peak of November 2021. With most values quoted in U.S. dollars, investors have faced steep losses across many digital assets. Compounding price declines, cyber-theft … Read more

I’m in my early 60s and planning to retire soon. Does it make sense to include a small amount of crypto in my investment portfolio?—Alex  Is crypto a safe investment for retirement savings? This is a nuanced question, Alex. Only a qualified financial advisor who understands your full financial picture can say whether cryptocurrency belongs … Read more

We humans are wired for generosity: giving often brings us joy and satisfaction. What is less automatic is pausing to consider the practical consequences—both positive and negative—before gifting cash, investments or property to family members or donating to charities. Below is a clear overview of key tax, legal and practical considerations to help you give … Read more

Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, outlines this week’s financial headlines and provides context for Canadian investors. Are we nearing the end of BoC interest rate increases? The dominant story for Canadian markets this week was the Bank of Canada’s decision to raise its policy rate by … Read more