What is a segregated fund?
Could segregated funds help lower your investment fees? Find out how seg funds work and what benefits they offer.
What is an RRSP?
What is an RRSP? Why do you need to know this definition? The MoneySense Glossary is your resource for...
What is an RESP?
How does an RESP account work? What are the benefits of opening one? Learn more about using this registered...
Wes Hall explains the biggest money myth and the value of a well-tailored suit
Canadian entrepreneur and Dragons’ Den star Wes Hall talks about his investing lessons and the things he values the...
Making sense of the markets this week: February 26, 2023
Investors on groceries and electricity pricing, how millionaires allocate assets, retailers remain cautious, and Intel cuts dividends as AI...
What is a notice of assessment?
After you’ve filed your tax return, the Canada Revenue Agency sends a notice of assessment. Learn what information the...
How much money do you need to retire in Canada? Is it really $1.7 million?
While $1.7 million is a big number, it’s possible to retire in Canada on that amount, if you start...
What is net income?
Your net income determines how much you are taxed. Learn how net income is calculated—and how it may affect...
What is a high-interest savings account in Canada?
Dubbed by bankers and those in the financial industry as a HISA, a high-interest savings account isn’t what it...