Making sense of the markets this week: July 19

Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.  Vaccine optimism gives stocks another boost Wednesday offered some good news on the COVID-19 front. While there are dozens upon dozens of groups working on vaccines, AstraZeneca and Oxford University may be leading the way. Early-stage human…

7 steps to take when dividing property during divorce 

When proceeding with a divorce, a couple needs to determine whether or not they can identify as “spouses.” In most provinces, a couple are considered spouses or common-law if they have been married or lived with each other in a marriage-like relationship for at least two years. Non-spousal partners can make a claim against the…

What happens to real estate during a divorce?

Not every marriage is a match made in heaven. In fact, it’s widely acknowledged that 40% to 50% of marriages in Canada end in divorce. But some separations are more difficult than others. Just ask Melanie Patroni, 48, and her now ex-husband, John Reid, 45, who have been fighting each other through the courts since…

ARCHIVE: Best online brokers in Canada 2019-2020 comparison

  NOTE: These rankings are based on data collected in May 2019 and do not reflect changes which may have taken place since then. Go here to read about Canada’s best online brokerages 2019/2020 ►► .db18 table tbody tr td, .db18 table tfoot tr td, .db18 table tfoot tr th, .db18 table thead tr th,…

Best online brokers in Canada for 2020

NOTE: These rankings are based on data collected before June 1, 2020 and do not reflect changes which may have taken place since then.  A penny saved, as they say, is a penny earned. That’s certainly the case for Canada’s self-directed investors, who are embracing the ultra-low fees offered by online brokerages and turning those…

ARCHIVE: Best online brokers in Canada 2019/2020

NOTE: These rankings are based on data collected in May 2019 and do not reflect changes which may have taken place since then. Canadians have never had more options when it comes to managing their investments, from full-service brokerages and financial advisors, with their often hefty fees, to an emerging crop of robo-advisors offering hands-off,…

WIN A DISNEY FROZEN 2 DREAM DEN

Reading Time: 2 mins You could win this amazing Disney Frozen 2 Dream Den! the prize Let your imagination, creative play and adventure follow you with the Frozen 2 My Dream Den. Featuring beautiful character graphics this is the perfect den for children as they start to explore imaginative play and independence. The My Dream…

The best bank account should manage itself

Between long hours at work and day-to-day responsibilities at home, finding time to take a break, catch up with friends or even squeeze in a workout requires serious time management skills. So it’s easy to shrug it off if you’re a couple of weeks late on that last Internet bill or get accustomed to swallowing…

WIN A LIVE ACTION GAMING SESSION FOR 6

Reading Time: 2 mins Win a great socially-distanced day out by bringing to life your favourite video game. the prize Rumble Live Action Gaming is giving MoneyMagpie readers the chance to win 6 tickets for the adventure activity this summer! Rumble Live Action Gaming brings to life popular video games – such as Fortnite and…

Save Money by Never Paying Full Price for Anything

Reading Time: 3 mins Now more than ever before is a time when people are looking for ways to save money. Times have been hard across the world for the most part of 2020, with the coronavirus pandemic having affected everyone’s lives. With the breadwinner in many home having been on a reduced income –…

Understanding the 1994 capital gains tax election

Q. I built my cottage in 1992 and did not know about the CRA T664 (election of claim eliminating capital gain up to $100,000 for future increase in value). I knew nothing about this for income purposes at the time; can I still make a claim?  Also, who determines fair market value (FMV)—do you just…

Financial aid guide for university and college students in Canada

Financial aid is rarely an after-thought, but student debt is often a bigger problem than most university and college students in Canada anticipate. Rising tuition fees and expenses of going to college or university have become increasingly large burdens to bear for students—many of whom are already dealing with pressures from the cost of living…