As summer arrives, many Canadians are planning vacations—everything from a cottage weekend to an extended trip abroad. While travel brings welcome rest and adventure, it can also create new worries about home security. According to a Leger survey conducted for Allstate Insurance Company of Canada, 62% of Canadians say protecting their home while they’re away … Read more

Welcome to the Canadian Crypto Observer. Financial journalist and author Aditya Nain offers perspective on market-moving headlines to help Canadian investors navigate the cryptocurrency market. Stablecoins are in the limelight. What are they? A stablecoin is a cryptocurrency built on blockchain technology whose value is intended to remain steady relative to an underlying asset, most … Read more

RBC Direct Investing, one of Canada’s largest online brokerages and historically among the providers with higher trading fees, has announced commission-free trading on a batch of 50 exchange-traded funds (ETFs) from partner iShares. This update reflects ongoing pressure in the digital brokerage space to lower or eliminate trading commissions across a wide range of platforms. … Read more

Here’s a round-up of news for Canadian investors this week. BlackBerry Alimentation Couche-Tard Featured RRSP Accounts featured EQ Bank Build your retirement savings with competitive interest, tax-deferred contributions and no account fees. go to site featured Registered GIC rate Earn a guaranteed rate in your RRSP when you lock in for a fixed term. go … Read more

If you’re not investing regularly, you’re not alone. An Ipsos poll conducted last year found that fewer than half (48%) of Canadians put money into investments each year. The same survey showed that just over half (51%) of Canadians feel knowledgeable about investing, while a much larger share (73%) say they would like to learn … Read more

Since the U.S. government began threatening tariffs on goods from Canada—America’s largest trading partner—Canadians have responded with a mix of indignation, ingenuity and practical action. Federal and provincial officials have announced countermeasures and some retailers have delisted U.S. items. Consumers, meanwhile, are increasingly choosing local alternatives, sharing tips and using tools that make buying Canadian … Read more

Ask MoneySense When my husband dies, do I still receive his or a portion of his pension, and if so, how do I find out what it is? –Donna Pensions often represent a large portion of a household’s retirement income, so it’s important to understand what happens to those benefits when a spouse or parent … Read more

After 15 years of conversations with blog readers and financial-planning clients, I’m still surprised by how often the same myths about tax-free savings accounts (TFSAs) resurface. Clients ask whether a dividend paid inside a TFSA counts as a contribution, whether withdrawals permanently reduce their contribution room, or whether a TFSA is only useful for short-term … Read more

May’s inflation numbers showed modest improvement in several of the Bank of Canada’s key price measures — a positive development, economists say, but probably not enough on its own to prompt an immediate cut to interest rates. Statistics Canada reported Tuesday, June 24, that the annual inflation rate held steady at 1.7% in May. A … Read more

If you’re preparing to move from Canada to another country—especially the United States—and you hold Canadian mutual funds in a non-registered (taxable) investment account, pause and review your options. Mutual funds are familiar, diversified vehicles for many Canadian investors, but crossing a border can change how those funds are treated, potentially triggering restrictions, forced sales … Read more