The Graph(s) below show you interest rate trends in the pastThis is a graphical representation of Historical Canadian mortgage interest rates from 1979 to date. From 1979 to 1994 the rate shown is the average 5 year mortgage rate posted at the major Canadian Banks, and then rates shown ar...
As we move into February 2025, it’s time to update our best online Brokerages in Canada comparison. With RRSP season in full swing, keep an eye out for incredible RRSP promotional offers. There has never never been a better time for DIY brokerage promotions in Canada! I’ve been writing...
In spite of that, a five-year fixed rate of 3% is still dirt cheap by any historical comparison and today the vast majority of Canadians can afford their mortgage payments. This reality is borne out by today’s overall mortgage default rate, which stands at its lowest level in...
You might even be able to use that account to negotiate a slightly better mortgage rate, or get some savings account fees removed. That said, there is just no denying that while IE’s per-trade fees are competitive, those annual account maintenance fees can really chew up your returns ...
Because all of the portfolios that robo advisors invest your money into are going to have fairly similar ETF MER fees, we focused our comparison on that top layer of fees that goes to the robo advisor. Robo advisor management fees vary from Questwealth’s 0.2% to BMO SmartFolio’s 0.7%....
This is probably worth another post all on its own, but for now, I’m going to leave you with this quick comparison of CCPC benefits vs drawbacks relative to leaving your company as a sole proprietorship. CCPC Sole Proprietorship Liability Limited liability for shareholders. You can only lose...
As of December 21, there were 147,487 principal applicants in the Express Entry applicant pool. The challenge in reaching the 100-million objective is not immigrant supply. Saunders argues, probably correctly, that Canada’s historical “minimalist impulse” has kept us from achieving our productive...
Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to ...
Every student line of credit is unique for each bank, so we’ve put together a brief comparison between the five major Canadian banks and their student lines of credit for undergraduates to help you with your search. BMO BMO’s Student Line of Creditoffers studentsup to $20,000 per...
16%Ability to Sell 8%Tech & Innovation 6%Macro & Political Finance & Corporate- Financial and accounting risks. Risks related to the execution of corporate activity and strategy Risk Change Over Time Currently, no data available Please return soon. This page is being updated. ...