EQ Bank Personal Account If you’re looking for a chequing-style account that you can use daily and use to save while also earning interest, consider EQ Bank’s Personal Account. You’ll earn 2.25% interest, or you can bump that up to 4.00% if you...
Netflix shows a steady stream of profits Netflix (NFLX/NASDAQ) shareholders were happy on Thursday, as they saw share prices rise 5% in after-hours trading on the back of another excellent earnings announcement. (All figures in U.S. dollars.) Earnings per share came in at...
“Especially in the first year … make sure that if you’re not familiar with how to report self-employed income, seek assistance and get it right, rather than take the risk of getting it wrong. It’ll take a lot longer and cost a...
RESP contributions and withdrawals Registered education savings plans (RESPs) are used to save for a child’s post-secondary education. Contributing to an RESP can give you access to government grants, including up to $7,200 in Canada Education Savings Grants (CESGs), typically requiring $36,000 of...
The agency said Tuesday its consumer price index for September was up 1.6% from a year ago compared with a year-over-year increase of 2% in August. It was the slowest annual pace for inflation since February 2021 when it was 1.1%. Gasoline prices in...
17. 2018: Transitioning to more protectionist policies, the United States initiated a renegotiation of the North American Free Trade Agreement (NAFTA)—brought into force in 1994. The Canadian government worried it could significantly affect exports to the country’s largest trading partner. The conflict...
High rates don’t just impact bondholders. Companies that used relatively cheap borrowing costs to expand during the past 10 years also felt the sting of rising rates. The NASDAQ Composite Index, which mostly represents technology stocks, fell more than 32% in 2022...
Canadian Natural Resources doubles down on Canada For a decade now, big acquisitions by Canadian oil-and-gas producers have mostly been met with distaste by investors. So we’ll take it as a heartening sign how well the markets received Canadian Natural Resources’ (CNQ/TSX) decision...
As inflation sharply accelerated in 2022, household purchasing power declined. Meanwhile, the Bank of Canada rapidly increased its key interest rate from its pandemic-era lows, bringing it up to 5% by mid-2023 before hitting pause. The Consumer Price Index reached an all-time high of 8.1%...
Is there a form to help with the calculations? Yes, there is a chart that can help; check it out here. However, you’ll still need to calculate any taxes, preferably using tax software to make the math automatic, to get to net federal...
Subscribe to our weekly newsletter below and never miss the latest product or an exclusive offer.
