a crumbled piece of paper with a credit memo on it

5 Things To Know About Credit Memos In Canada

1. What Is A Credit Memo? A credit note, also known as a credit memo in Canada, is a document issued by a seller to a buyer that reduces the amount the buyer owes for a purchase. It is typically used when a buyer returns goods or when there is an error in the original…

ByJohn WilsonDecember 20, 2022

the statue of liberty on a blue sky background, representing the us stock market

Investing Stocks

10 Differences Between The Canadian And U.S. Stock Markets

The Canadian and U.S. stock markets are both major centers for the buying and selling of publicly traded companies' stocks. There are a number of key differences between the two. Here are some of the main differences between the Canadian and U.S. stock markets: 1. The Size And Scope Of The US vs. The Canadian…

ByJohn WilsonDecember 20, 2022

an investor putting the finger on a performance graph

Investing Saving Stocks

How To I Know If An Investment Is Right For You

Your financial goals will help you determine what type of investment is right for you. For example, if you are saving for retirement, you may want to invest in a retirement account such as a RRSP. This also helps if you are trying to save for a down payment on a house, because a RRSP…

ByJohn WilsonDecember 19, 2022

a mallet hammer representing the law and a book of rules and regulations on a desk

Investing

The Rules And Regulations Governing Investments In Canada

Investing in Canada can be a smart financial decision. It's important to understand the rules and regulations that govern the investment process, though. These regulations help to ensure that investors are protected and that the investment market is fair and transparent. In Canada, the main regulatory body for investments is the Canadian Securities Administrators (CSA).…

ByJohn WilsonDecember 19, 2022

Investing

How Do I Invest In The Canadian Stock Market?

Investing in the Canadian stock market can be a good way to diversify your investment portfolio and potentially earn a higher return on your money. Here is a step-by-step guide on how to invest in the Canadian stock market: 1. Determine Your Investment Goals Before you start investing, it's important to have a clear understanding…

ByJohn WilsonDecember 19, 2022

businesswoman holding a read the fine print sign

Insurance Personal Finance

Do I Need Insurance, And What Kind?

Table of Contents The Different Types Of InsuranceLife Insurance Health Insurance Car Insurance Home Insurance How To Choose The Right InsuranceAssess Your Insurance Needs Compare Different Insurance Policies Look For Discounts Read The Fine Print Consider The Insurer's Financial Stability Choose A Reputable Insurance Agent Or Broker How Much Life Insurance Do I…

ByJohn WilsonDecember 18, 2022

a financial planner with a headset talking to customers

Personal Finance

Should I Use A Financial Planner Or An Investment Adviser?

As a Canadian, you have many options when it comes to managing your finances and making investments. But with so many choices, it can be difficult to know which path to take. One common question that many Canadians face is whether to use a financial planner or an investment adviser. A financial planner is a…

ByJohn WilsonDecember 17, 2022

mining oil rig natural resources in Canada

Investing Stocks

How To Diversify Your Investments In Canada

Diversifying your investments is a key component of any successful investment strategy, and it's especially important for those who are heavily concentrated in natural resources. This can be a problem in Canada. Some people are even concentrated in natural resources without knowing it by having, say, a few key holdings in multiple sectors that are…

ByJohn WilsonDecember 16, 2022

Investing Stocks

ETFs: What They Are And How They Work

Exchange-traded funds (ETFs) are a unique, passive investment option that can help investors diversify their portfolios and maximize their returns. They offer the benefit of lower costs than mutual funds, as well as increased liquidity and tax advantages. In this article, we’ll discuss what ETFs are. Will will touch on how they work and why…

ByJohn WilsonDecember 16, 2022

Investing Stocks

Buying US Stocks In TFSA Explained

US stocks are securities that represent ownership in a publicly traded company. They are bought and sold on stock exchanges such as the New York Stock Exchange (NYSE) and the Nasdaq. Investing in US stocks allows individuals and institutions to share in the profits and growth of the underlying companies. This can provide both potential…

ByJohn WilsonDecember 15, 2022