Can you maximize your RRSP and TFSA with an income of $0?
With a year of no income, find out if it makes sense to max out registered accounts like an...
Who to name as executor when family members aren’t an option
It’s not always possible or beneficial to name a family member or close friend as executor in your will....
What is a LIRA?
A locked-in retirement account (LIRA) is a type of investment plan in Canada. Find out how LIRAs work and...
What is life insurance?
You don’t legally have to buy life insurance in Canada, but here’s how it works and why Canadians should...
What is interest?
Interest is the cost you pay for borrowing money—and it’s the money you earn from certain investments. Learn how...
What are GICs?
Why are Canadians investing in GICs right now? Learn about how GICs work in the MoneySense Glossary.
What is an emergency fund?
If you had an unexpected expense or suddenly lost your job, how would you support yourself? See how an...
What is a down payment?
Making a down payment is the first step to securing the purchase of a home. How much do you...
What is diversification?
Canadian investors looking to reduce risk could consider diversifying their portfolios. Learn more about diversification.