…these programs. Employment Insurance (EI) – provides temporary income support to unemployed workers while they look for employment or upgrade their skills. It also provides benefits to workers who take…
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How interest rates affect your investments
…rates and bonds Interest rates and bond prices move in opposite directions. Generally, if interest rates decrease, bond prices increase and if interest rates increase, bond prices decrease. A fixed-rate…
How savings accounts work
…around to compare fees and packages. Use this Savings Account Selector Tool to compare savings account fees and charges across Canada. Summary Savings accounts might generate less interest than the…
What happens to your RRIF when you die
…means the beneficiaries of your estate may get less money, after all income taxes and probate fees are paid. If you name a beneficiary Your RRIF won’t be included in…
The top differences between TFSAs, RRSPs and FHSAs
…No No Your contributions are tax-deductible Yes Yes No Your money is tax-sheltered while it stays in the account Yes Yes Yes Your withdrawals are tax-free No Yes Yes There…
Putting your financial plan into action
…Buying life insurance Preparing a will Starting an RRSP Starting an RESP Growing savings Starting a new business Reducing taxes The pre-retirement years Your expenses may start to go down,…
MISSING OUT: Millenials and the Market
…as well as the attitudes and priorities that are driving these decisions. Its findings will help inform the Ontario Securities Commission (OSC)’s activities, and point to avenues for more targeted…
5 ways regulation protects investors
…public companies, investment funds, intermediaries, dealers, advisers and investment fund managers. 3. Checking in Securities regulators and the Canadian Investment Regulatory Organization (CIRO) regularly monitor firms, public companies and dealers,…
How setting goals can help you save
…reasons to save, including to cover expenses for: Surprise bills and emergencies – Building an emergency fund means it will be easier to deal with unexpected events without taking on debt, and…
How registration protects investors
…individual can offer. They need the right skills and knowledge and also need to meet the right standards to sell products and provide advice. Ethical business practices – The integrity…