If you’re planning to move to Canada or you’re newly arrived, choosing the right city is one of the most important decisions you’ll make. Below we profile six Canadian cities that offer strong job markets, diverse communities and practical information about living costs and housing: Toronto, Ottawa, Vancouver, Edmonton, Calgary and Halifax. Use this guide … Read more

Investors with relatively small portfolios should rebalance using new contributions whenever possible to avoid letting trading costs erode their returns. Rebalancing with fresh cash is a simple, cost-effective way to restore your target asset allocation without paying both buy and sell fees. Typical rebalancing advice tells you to: Sell assets that have outperformed. Buy assets … Read more

How an Intern in New York Really Affords a High-End Lifestyle When Refinery29 published a Money Diaries entry about a 21-year-old marketing intern in New York City claiming to live on $25 an hour, the article sparked immediate backlash. Social media users quickly pointed out that the intern reported far more than just her hourly … Read more

What caught my eye this week. How are you feeling today — happy, sad, anxious, or upbeat? Is the countdown to Euro 2024 lifting your spirits, or are you already dreading a month of football on TV? Mind if I ask how old you are? Age-appropriate emotions For years, the idea of a happiness “smile … Read more

SURREY, B.C.—The British Columbia government has unveiled a new program designed to help first-time homebuyers overcome one of the biggest hurdles to home ownership: the down payment. The initiative offers a 25-year loan for down payment assistance, with no interest and no required payments for the first five years. Premier Christy Clark said the program … Read more

For what looks like a relatively flat quarter, markets have felt distinctly nervy. Our Slow & Steady Passive Portfolio delivered a modest 2% gain over the last three months and sits about 5% higher year-to-date — a performance that owes as much to large-scale fiscal support as it does to market momentum. Massive fiscal stimulus … Read more

Featured store credit cards featured PC World Elite Mastercard Earn accelerated PC Optimum points at Loblaw grocery banners and Shoppers Drug Mart, plus rewards on Esso and Mobil fuel purchases. GO TO SITE Annual Fee: $0 Interest Rates: 21.99% purchase, 22.97% cash advance, N/A balance transfer Welcome offer: 20,000 bonus PC Optimum points (valued at … Read more

It feels a little like a scene in a movie where the main character is swapped for a near-identical double with a mole in a different spot. While many investors carry on with their routines, the familiar Total Expense Ratio (TER) is being phased out and replaced by the Ongoing Charge. Both metrics aim to … Read more

What caught my eye this week. While I’ve previously argued that running a large interest-only mortgage can make sense for some, I remain a strong opponent of consumer debt in general. The first piece of advice I give almost everyone who asks about their finances is simple: clear non-mortgage debt first. It still surprises me … Read more

Should you invest in an RRSP or a non-registered account after maxing your TFSA? Question: I’m a teacher with 11 years of service. My TFSA is topped up and I plan to keep contributing each year. I like the TFSA because its growth and withdrawals are tax-free, which gives me flexibility later on. I’m hesitant … Read more