Canada Investment

5 Major Trends That Will Affect How You Retire

Pramod Udiaver | Posted 09.30.2015 | Canada Business
Pramod Udiaver

Retirement planning can seem challenging. How do you plan for an event that may be so far in the future? How do you know how much money you will need? And how do you avoid many people's biggest fear -- outliving your money?

How Does Canada Tax My Investments?

Tea Nicola | Posted 09.25.2015 | Canada Business
Tea Nicola

Albert Einstein once said, "The hardest thing in the world to understand is income taxes." -- you can rest assured that it is not a simple subject. Taxpayers are expected to understand it well enough to be able to make good decisions about our own financial situation. But if understanding basic income tax isn't enough of a headache, the taxes on investment earnings (such as in your RRSP) represent a whole new territory.

5 Things You Should Know About Robo-Advisors

Pramod Udiaver | Posted 09.18.2015 | Canada Business
Pramod Udiaver

We know there is a lot of confusion out in the market about what a robo-advisor is and how it works. The term robo-advisor (a.k.a. online advisor) refers to the convenient online delivery of investment management services and online access to your investment portfolio.

Why Now Is the Time to Start a Tech Company In Canada

Razor Suleman | Posted 09.17.2015 | Canada Business
Razor Suleman

Over the past two days, Canadian entrepreneurs and American venture capitalists met at Venture North, a conference that aims to introduce U.S. VCs to Canada's tech ecosystem. Mayor John Tory started off Wednesday's proceedings by stating that Toronto is a startup-friendly city, and its tech leadership is "simply a story we haven't told yet."

5 Ways to Become Debt Free In 10 Years

David Lester | Posted 09.10.2015 | Canada Business
David Lester

Since debt became super cheap after the Great Recession, we all have taken on a ton of of it. Nationally we have an average of $27,000 in non-mortgage debt -- and $190,000 in mortgage debt. Here is how we all can get rid of our debt in 10 years so we can enjoy our retirements and our lives debt-free.

Canadians Owning Property in the U.S. Could Cash in on the Weak Loonie

Cleo Hamel | Posted 09.01.2015 | Canada Business
Cleo Hamel

For the past few years, Canadians have been taking advantage of our dollar being worth about the same as the U.S. dollar. From buying up real estate to cross-border shopping, being on par with the U.S. dollar has had its advantages. However, in the last few months, economic factors have driven the Canadian dollar down. It may be time to regroup and look at some strategies to make the weakening dollar work for you.

Plan Ahead to Minimize Future Education Costs

Pramod Udiaver | Posted 09.01.2015 | Canada Parents
Pramod Udiaver

For most young parents, approaching the new school year means getting the family prepared and equipped, and that comes at a cost -- on average, Canadians spend $428 per child to get them ready for school. While the annual cost of sending your children to school is high, there are some much larger costs coming down the road if your child plans on attending college or university.

6 Ways to Avoid Toxic Personalities Trying to Derail Your Business

Lisa Borden | Posted 08.18.2015 | Canada Business
Lisa Borden

As a business, dealing with assholes can be annoying. As a small business, dealing with assholes can be derailing -- if we let them. And we know firsthand that they will try. It's taken me years of practice, and sadly, much too much experience to even feel like I have enough expertise in this department to write this "how to" post.

Market-Cap Weighted Indexes: Buyer Beware

Coreen T. Sol, CFA | Posted 08.04.2015 | Canada Business
Coreen T. Sol, CFA

My intention isn't to predict anything about the future of Valeant Pharmaceuticals (VRX). Instead the message is a reminder of how holdings in any market-cap weighted investment vehicle is impacted by the change in size of its constituents.

Canadians Are Still Stumped by TFSAs

Caroline Battista | Posted 07.07.2015 | Canada Business
Caroline Battista

Canadians may be able to save more in their Tax Free Savings Accounts (TFSA) but most are still confused by how the account actually works. Tax Free Savings Accounts (TFSA) seemed like a simple concept when it was announced in 2009. Canadians over the age of 18 were allowed to save up to $5,000 per year in a TFSA. But the rules are easily misinterpreted. I know several people who have been hit with overcontribution fines.

Are Condos on the Way to Becoming Glorified Apartments?

Dan S. Barnabic | Posted 05.01.2015 | Canada Business
Dan S. Barnabic

Renters are far more likely to break condo rules regarding noise and upkeep of the common amenities, resulting in the degradation of the complex. A complex that is heavily rented out becomes stigmatized as apartment building, unappealing to potential buyers.

Trending Outdoor Products for Spring 2015

Carson Arthur | Posted 06.20.2015 | Canada Living
Carson Arthur

Spring is officially in full swing and we are starting to see two specific outdoor trends that are definitely taking over the market place. The question of "lifestyle" vs. "investment" is driving outdoor renovations. It seems that there is an even split between homeowners who are making lifestyle choices for their backyards and those homeowners who are focusing on improving the value of their homes. This direction has even been impacting the products that we are spending money on.

When Investing, Think Attitude, Aptitude and Action

Bob Stammers | Posted 05.27.2015 | Canada Business
Bob Stammers

Are you an investor? Although this might seem like a simple question, the answer isn't so straightforward. One way is to ask some fundamental questions about your financial decisions, what's informing your strategy and how you're putting a plan into place. In other words, think about attitude, aptitude and action.

What Millennials Should Know About Securing a Mortgage

The Reply | Posted 05.12.2015 | Canada Living
The Reply

The mortgage process is a daunting one, especially for first-time homebuyers. Here are some important facts you need to know about mortgages. This ...

We Should Impose These Requirements On Publicly-Funded University Graduates

David Martin | Posted 04.25.2015 | Canada Business
David Martin

Where once we took pride in turning out engineers, architects, doctors, accountants and lawyers who built bridges, buildings and companies and helped better and even save lives, now we venerate those whose single pursuit is great wealth. It's hard to see what purpose Wall Street quants and click-driven Web virologists serve except to further the notion that all that matters is money.

Preparing Ourselves for the Economic Challenges of an Aging Population

Bob Stammers | Posted 04.04.2015 | Canada Politics
Bob Stammers

The second-most underestimated risk around the world is as plain as day: the aging population. While the challenges of an aging population are complex, they are also very common sense.

Why Western Canada Has More Money, Jobs and Security Than the East

Mark Milke | Posted 02.13.2015 | Canada Politics
Mark Milke

Sort through the statistics and the surprise is how consistently Ontario and Quebec now mimic the weak economic opportunities in the Maritimes instead of the bright economic opportunities available in the West. There's no great mystery as to why. Provinces with substantial private sector investment -- something the West has attracted with pro-entrepreneur policies and by simply saying "yes" to resource extraction in specific -- end up with enhanced employment opportunities, higher incomes and better prospects to enjoy a middle-class lifestyle.

The New West: Money, Jobs and a Flood of Young Adults

Mark Milke | Posted 02.08.2015 | Canada Business
Mark Milke

Question: If you're young, or have very little education, where's the best place in the country to find a job, make a decent income and prosper? Answer: Alberta, followed by Saskatchewan and British Columbia.

Why Oilsands are 'Canada's Elephant in the Atmosphere'

DeSmog Canada | Posted 01.28.2015 | Canada
DeSmog Canada

Once the carbon bubble, like the tech or housing bubble, pops it would bring dramatic re-evaluation of oil companies, resulting in massive layoffs and major industry restructuring. In Canada, the oilsands represents two per cent of the country's GDP and 90 per cent of the economic benefit goes to Alberta.

Why I Will Never Invest in a Pre-Construction Condo Again

Lisa Colalillo | Posted 01.26.2015 | Canada Business
Lisa Colalillo

The biggest lessons I've learned about investing have come from the biggest mistakes I've made. I bought a pre-construction condo unit in a popular Toronto neighbourhood. I forked over a 20 per cent deposit to make the purchase. That was four years ago, the property still hasn't been built so I can't sell it or rent it out.

Mutual Fund Purchase Options Are Not All Equal

Coreen T. Sol, CFA | Posted 01.21.2015 | Canada Business
Coreen T. Sol, CFA

Take a look at your most recent investment statement. Do you see the acronym DSC on any of the pages? If you do, you'll want to keep reading.

Your Emotions Rule How You View Investment Risk

Coreen T. Sol, CFA | Posted 12.21.2014 | Canada Business
Coreen T. Sol, CFA

No one likes permanent loss of capital and no one seeks to have a drop in the value of his or her assets. What we need to understand is if you can sleep at night when your monthly statement value has dropped by some amount. More importantly, will it impact your ability to enjoy your life and meet your personal financial obligations, if this were to occur?

Outperforming the Market Is Simple

Coreen T. Sol, CFA | Posted 12.12.2014 | Canada Business
Coreen T. Sol, CFA

In a culture of pursuit, "average" is a negative word. It's the tide of mediocrity to swim against, if not a failure to avoid at all costs. Beat the market! Out-performance is the only way to win. "You should see what I made on the last stock I bought!"

Despite All Their Benefits, RESPs Are Underused in Canada

Coreen T. Sol, CFA | Posted 12.03.2014 | Canada Business
Coreen T. Sol, CFA

The Registered Education Savings Plan (RESP) has become the most underused, yet indispensable tax shelters designed to make post secondary education more accessible to children and grandchildren. Unfortunately, many of us don't use the RESP and if we do, we typically don't maximize the benefits available.

With Vancouver Rents Rising, Is Now The Time To Buy?

Atrina Kouroshnia | Posted 11.04.2014 | Canada British Columbia
Atrina Kouroshnia

Buying a property does have some added costs that aren't associated with rentals. Before you get serious about buying, make sure you've considered and budgeted for the following.