Retail struggles continue The last set of quarterly earnings reports before the big holiday season showed that, while many large retailers were setting sales records, they were also struggling to move massive amounts of...
Also, taxes are not just for the living. When a person passes away, there are several tax returns to know about. And tax returns can be a complicated process on the best of days....
MoneySense is a digital magazine and financial media website, featuring content produced by journalists and qualified financial professionals. MoneySense is owned by Ratehub Inc., but remains editorially independent. While our goal is to provide...
Something important is missing It’s 2023. Collectively, through podcasts, books and courses, Canadians have access to more financial information than ever before; yet according to FP Canada, Canadians still report that money is the...
FHSA in Canada: Qualified investments and limitations Bill C-32, which included certain provisions of the 2022 federal budget, was passed into law on December 15, 2022. The bill included the introduction of the tax-free...
I’ve learned over the years that if you embarrass verbose people at dinner parties it usually doesn’t end well for anyone. So, I simply asked how he would know when the market bottoms out...
What investors can do to protect retirement savings If you’re retired, you’re approaching retirement or you’re still several years out but are planning your retirement finances, high inflation might be keeping you up at...
A target-date mutual fund or exchange-traded fund (ETF) is basically a one-stop shop for a retirement saving strategy. Canadian investors simply choose the year they would expect to stop working, then buy a target-date...
The difference between a high-interest savings account and a regular savings account The main difference between a standard savings account and a HISA is the interest rate. As suggested by its name, a HISA...
You will receive a T5, T3, or T5013 slip for the annual dividends and interest earned, regardless of whether you withdraw from the account. As a result, I am not sure that withdrawing from...