The Bank of Canada lowered interest rates last week and high interest savings account issuers have adjusted to match their 50 bps cut. Some issuers have made bigger changes. B2B Bank (BTB100) is the highest of the bunch right now… Continue Reading
This post will show how to create a sustainable Canadian dividend portfolio that’s reliable for any long term Canadian stock market investor. The Canadian dividend portfolio shown below is inspired by the Canadian investor Stephen Jarislowsky. Stephen Jarislowsky was a… Continue Reading
Manulife Investment Savings Accounts are explained below. This post explains the difference between them, their current rates, and how to buy. I cover the funds MIP510, MIP610, MIP710, MIP810, MIP511, MIP611. Click here to view my Investment Savings Account rates… Continue Reading
Interest rates in US dollars are falling again. I have created a USD HISA Rates page that tracks the High Interest Savings rates available to Canadians through their brokerage accounts. Canadian dollar HISA rates are holding steady for the most… Continue Reading
Canadian GIC rates continue recent declines. The rate on 1 year GICs is also higher than the rate on 2 year GICs at many issuers currently. There is also a shallower forward curve as the difference between 1 year rates… Continue Reading
Canadian GIC rates have decreased since my last update during December. Now at the end of February, the forward curve is sloping upward (no more higher kink in the 1-2 year rates) but the spread between 1 and 5 year… Continue Reading
CPA Canada has released a number of resources that help us understand why our tax system needs updating and what should be done to improve it. Click here to view CPA Canada’s website.
Below is a list of common investment terms with basic explanations. Accrued Interest – Interest due from issue date or from the last coupon date to the security settlement date. Interest that has accumulated on a bond since its most recent… Continue Reading
Below is a reference page on how to use DBRS ratings. The DBRS® long-term debt rating scale is meant to give an indication of the risk that a borrower will not fulfill its full obligations in a timely manner, with… Continue Reading
So you’ve worked your way out of your parent’s house in the suburbs, achieved your initial career goals by working as a downtown professional, and now you realize its time to step up your financial game by making better use… Continue Reading
