6 Best No Fee Bank Accounts In Canada

We have reviewed over 50 bank accounts from a myriad of financial institutions. This includes all major banks and credit unions. We have then gathered a list of our favorites. They are the 6 best No Fee Bank Accounts in Canada, as of December 2022. TD Student Chequing Account The TD chequing account is…

ByJohn WilsonDecember 3, 2022

Personal Finance Saving

How Many Quarters In A Roll In Canada?

In order to be as helpful as possible, we’ve drafted the 7 most likely questions a 5 years old might ask about quarters and aim to provide quick answers. What is a Canadian quarter? A Canadian quarter is a coin worth 25 cents. How much is a roll of…

ByJohn WilsonNovember 30, 2022

Investing Stocks

What Is The Ideal PE Ratio?

The price-to-earnings (PE) ratio is a financial ratio that measures the price of a stock relative to the company's earnings. PE ratios are used by investors to determine whether a stock is overvalued or undervalued. Some momentum investors prefer to purchase companies that have a high PE ratio, expecting the stock to grow very rapidly.…

ByJohn WilsonNovember 30, 2022

Banking Personal Finance

RBC Void Cheque Explained

A RBC void cheque is a blank cheque that has been officially canceled by the issuing bank. The banks usually keep voided cheques on file in order to prevent fraud and to verify customer information. The Few Methods To Get Your RBC Void Cheque: 1. You can log into your online banking account and print…

ByJohn WilsonNovember 29, 2022

yellow dollar signs on a yellow background

Important Dates Resources

Canada PRO Deposit (Ontario Trillium & Alberta Child Benefits)

The Canada PRO program is a Canadian government program that provides a payment to help disperse tax credit and benefit program monies to eligible residents of Ontario and Alberta. Having received money in your bank account from Canada PRO, such as described in the following picture, means that you’ve received money from one of the…

ByJohn WilsonNovember 29, 2022

td customer withdrawing money from an atm

Banking Personal Finance

TD Bank ATM

A TD Bank ATM is an automated teller machine that enables bank customers to perform transactions without the need for a human teller. Customers can use TD Bank ATMs to withdraw cash, deposit funds, transfer money between accounts, and check account balances. TD implemented an ATM network in order to provide its customers with convenient…

ByJohn WilsonNovember 28, 2022

Budgeting Important Dates Personal Finance Resources Saving

The Climate Action Incentive Program

The Climate Action Incentive Program is a Canadian federal government program that provides funding to eligible households and businesses. It exists in provinces and territories that have adopted the Pan-Canadian Framework on Clean Growth and Climate Change. The funding helps offset the increased costs of complying with the carbon pricing system. That system was implemented…

ByJohn WilsonNovember 27, 2022

man making money investing in markets through his brokerage account

Banking Investing Personal Finance Stocks

National Bank Direct Brokerage Review

 4.5/5 National Bank Direct Brokerage is a Canadian discount brokerage firm affiliated with National Bank of Canada. It offers online investing services in both English and French to clients across Canada. The Benefits Of National Bank Direct Brokerage The benefits of National Bank Direct Brokerage are low, or no commissions, access to exclusive products…

ByJohn WilsonNovember 26, 2022

Investing

What is a target-date retirement fund?

Target-date retirement funds are a type of fund of fund designed to provide investors with a diversified portfolio that becomes more conservative as the target date approaches. Target-date retirement funds were first introduced in the 1990s. Fidelity Investments and BlackRock were among the first financial institution to offer target-date retirement funds. Whether you should invest…

ByJohn WilsonNovember 25, 2022

Mortgage Personal Finance

First National Mortgage Review

First National started offering services in Toronto, Canada in 1988. They offer a wide range of banking and financial services in Canada, including personal and commercial banking, wealth management, and investment banking. With more than 1600 employees and $129.3 billion in mortgages as of October 2022, the company is one of the…

ByJohn WilsonNovember 25, 2022