Are you considering renovating your current home and need to know exactly how much space you have to work with. Or are you refinancing your mortgage and you need to know how big your house is? Whatever the reason, knowing how to accurately measure the square footage of your house is an important skill to…
Investing
The Government of Canada has implemented a new law to help make homes more affordable for Canadians. The Prohibition on the Purchase of Residential Property by Non-Canadians Act was put in effect on January 1, 2023, and will prevent non-Canadians and corporations controlled by non-Canadians from purchasing residential property in Canada for a period of…
Canadian delisted companies are companies that have been removed from a stock exchange, usually because they have gone bankrupt or have been acquired by another company. Delisting can also occur when a company fails to meet the requirements for listing on an exchange, such as minimum trading volume or financial performance.
When a company is…
There are a few purposes of dollar cost averaging, but the most common is to smooth out the effects that sporadic investing can have on the overall value of a portfolio. By buying small amounts of an asset at fixed intervals, an investor can reduce the risk that they will over- or under-pay for an…
How to differentiate a good from a bad investment? A good investment is one that will make you money, or grow in value over time. A bad investment is one that will lose you money, or decrease in value over time. There are many factors to consider when determining whether an investment is good or…
In Canada, a civic address is a unique combination of civic numbers and street names that identifies a specific location within a municipality.
In most cases, a civic address includes a house number and street name, as well as the name of the municipality in which it is located. For example, 123 Main Street,…
As a Canadian, you may be familiar with the concept of a civic number. This is also known as a street number or house number. It is the number portion of your address. Civic numbers are used to identify the location of a building on a street. But have you ever stopped to wonder where…
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…
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…
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).…