In an attempt to save on costs, millions of Canadians are using self-directed investing platforms to manage their own investments. These robo-advisors and online brokerages have made investing more ...

Applying for a mortgage from a bank or credit union can be stressful at the best of times. The approval requirements are strict, with borrowers needing strong creditworthiness and employment and ...

A defined benefit pension plan provides an employee with a lifetime guaranteed income at retirement. The amount you will receive is based on several factors, including your average salary and length ...

As you know, stock markets around the world have experienced unprecedented volatility, primarily because of the COVID-19 pandemic. In these crazy times, we thought it might be helpful to offer some ...

Exchange-traded funds, commonly known as ETFs, have become increasingly popular for investors seeking a simple and efficient way to diversify their portfolios. ETFs are a crucial component of a ...

Exchange-traded funds (ETFs) make it easy for investors to achieve a diversified portfolio at a low cost. There are thousands of ETFs available from well-known investment firms like Blackrock or ...

When you need to borrow money, your lender may present you with the choice between a loan or a line of credit. While both credit products can accomplish the same goal, they have several differences, ...

The First Home Savings Account (FHSA) is the best new financial tool/account to be introduced since the introduction of the Tax-Free Savings Account (TFSA) back in 2009. The FHSA is designed for a ...

In the world of travel rewards credit cards, the WestJet RBC World Elite Mastercard stands out with Canadians who frequently fly with WestJet. From its generous welcome bonus to some valuable standard ...

Many Canadian homeowners have wondered if mortgage interest is tax deductible. Chances are, they’ve heard that their neighbours to the south can claim their mortgage interest (it’s true). Also, with ...

If you’re in a position to maximize your RRSP contributions each year, it’s a good thing. Not only are you benefitting from the tax deductibility, but it means that a larger portion of your investment ...

Canadians love earning credit card reward points, but most premium credit cards include a wide range of other free benefits, such as travel insurance, airport lounge access, etc. Some credit card ...