To compare rate types and terms, click on the filters icon beside the down payment percentage. powered by Why trust us MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in...
However, he thinks Canadian investors have to expect some turnover, given the reversal in macroeconomic conditions that we’ve seen over the past two years. “We were living in a world with practically zero interest rates,” Raina says. Canadian investors had to take...
...
But if you have some flexibility around where to live, there are cities and neighbourhoods in Canada where homes can be had for less than seven figures—lots of them, in fact. All but five of the 45 cities and regions analyzed by...
Whether or not a variable-rate mortgage is a good option for you depends largely on market fluctuations. Rates for this type of mortgage are typically lower than those of fixed-rate mortgages, which is a win as long as the prime rate doesn’t...
Chequing accounts are essential to everyday banking. Canadians use them to complete many (if not most) of their day-to-day financial transactions, including bill payments, point-of-sale purchases, ATM withdrawals and money transfers. Although chequing accounts have a reputation for being, well, boring, the ones at the...
Note: The MoneySense Find A Qualified Advisor tool is a paid service for advisors in partnership with the Financial Planning Association of Canada. Members of the association must be an accredited CFP, R.F.P, F.Pl or QAFP. What’s the difference between the types of...
It appears the rising AI tide continues to lift all boats in the U.S. tech sector. Deal-seeking customers power Dollarama It was a quiet week for Canadian earnings announcements, with Dollarama (DOL/TSX) being the only large company to release quarterly results. Some Canadian investors...
By Keph Senett and Winston Sih on June 13, 2024Estimated reading time: 15 minutes Canadians love travel and shopping, but when using their credit cards outside of Canada, many pay foreign transaction fees—as much as 2.5%—on every purchase, and that’s on top of the...
In fact, it’s not a deal. At all. Stock splits sound great. After all, shareholders will get nine additional shares for every one they already own. However, when you evaluate your holdings in your portfolio, those extra shares don’t change anything. Whether...