Sorry, folks, there’s no free money with RRSPs despite what you’ve been told

Let’s take another look at this RRSP myth and more Published Feb 21, 2023  •  Last updated 15 hours ago  •  5 minute read 50 Comments No taxes are saved nor deferred with an RRSP deposit. Photo by Brent Lewin/Bloomberg files Banks and financial advisers have done such a thorough job of marketing registered retirement savings… Continue reading Sorry, folks, there’s no free money with RRSPs despite what you’ve been told

Teck Resources, Canada’s biggest diversified miner, appears set to go all-in on ‘green metals’

Teck may be on the verge of announcing a spin-off of its coal operations Teck Resources Ltd.’s Elkview Mine in East Kootenay, B.C. When Jonathan Price took over as chief executive of Vancouver-based Teck Resources Ltd. last year, he played down any notion that his tenure would usher in rapid change. He even boasted about… Continue reading Teck Resources, Canada’s biggest diversified miner, appears set to go all-in on ‘green metals’

Housing supply needs mean more condos, benefiting renters and investors alike

Condos also more attractive for buyers on a budget Condo buildings in Liberty Village neighbourhood in Toronto. Photo by Carlos Osorio/Reuters files Resales often dominate conversations about housing markets, while transactions of newly built housing, especially condominiums, do not receive the same attention despite transactions of new or pre-built condominiums constituting a sizable chunk of… Continue reading Housing supply needs mean more condos, benefiting renters and investors alike

Barry Choi: Forget air passenger rights, get travel insurance

Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance What is extended travel insurance? Extended travel insurance covers anything that’s not medical-related, such as hospital stays. Although every… Continue reading Barry Choi: Forget air passenger rights, get travel insurance

3 factors that can tell you if you’re investing or gambling with your money

Is your portfolio built around investing for the long term or gambling on short-term events? A trader working on the floor of the New York Stock Exchange. Photo by TIMOTHY A. CLARY/AFP via Getty Images files All kinds of interesting things happened when the global economy shut down to fight COVID-19 in 2020, but one… Continue reading 3 factors that can tell you if you’re investing or gambling with your money

Canadian company in race to mine ocean floor unmoved by Ottawa’s ban on seabed mining

‘That was no surprise to anyone. We are not interested in that’ Published Feb 19, 2023  •  Last updated 9 hours ago  •  6 minute read 7 Comments Deep-sea mining concerns the extraction of minerals from the ocean floor at depths of 200 metres or more. While it has never been done, several companies, including Vancouver-based… Continue reading Canadian company in race to mine ocean floor unmoved by Ottawa’s ban on seabed mining

Canada’s Electra Battery Materials says it’s figured out how to recycle critical minerals at scale using water

Company says first in North America to use technology that requires less energy and emits less carbon Published Feb 19, 2023  •  Last updated 1 day ago  •  2 minute read 20 Comments Electra Battery Materials Corp. is using water to recycle critical minerals rather than heat. Photo by Electra Battery Materials Corp. Canadian miner Electra… Continue reading Canada’s Electra Battery Materials says it’s figured out how to recycle critical minerals at scale using water

From Tim Hortons shakeup to broke millennials: Here are the week’s top 7 stories

Watch Financial Post reporter Stephanie Hughes count down the stories that made headlines Tims Hortons replaced its chief executive this week and a new report found that millennials account for half of insolvencies in Ontario. Photo by NICK PROCAYLO/Postmedia/Getty Images Stephanie Hughes, finance reporter for the Financial Post, walks you through the top seven stories… Continue reading From Tim Hortons shakeup to broke millennials: Here are the week’s top 7 stories