Information about Canadian-controlled private corporations, other private corporations, public corporations, corporations controlled by public corporations, and other corporations.| www.canada.ca
Financial, tax and estate planning can be difficult and intimidating at the best of times. The terminology may seem complex and the options may appear complicated.| Objective Financial Partners
If you’re considering buying Royal Bank stock in 2025, then you need to be aware of not only the company’s individual performance, but also RBC’s current valuation, and the general prospects for Canadian banking as well. For more information on comparable investments check out our article on the Best Canadian Bank Stocks, and to decide if you’d rather go with a passive investing strategy rather than picking individual stocks, take a look at the Best ETFs in Canada. WANT TO BUY RBC SHA...| Million Dollar Journey
If you're considering investing in BCE stock in 2025, evaluating the company's performance, dividend growth, and the latest developments in the telecommunications industry can help you make your decision. Being informed about BCE's recent advancements is crucial in determining whether it is a wise investment choice, and comparing it with its fellow Canadian telecommunication competitors over at Telus and Rogers. If you're looking to diversify your portfolio with more dividend stocks, I recomm...| Million Dollar Journey
I recently received an email from a reader with a bright financial future. They have a maxed out TFSA and has recently maxed out her RRSP as well. Here’s a snippet of the email below (edited for brevity). First of all, thank you for sharing your wisdom and financial journey. I love reading your blog and I learn so much from it! I was wondering if you could give some advice on where to put my money after maxing out my RRSP and TFSA contributions. I saw on MDJ that you like all-in-one ET...| Million Dollar Journey
Most Canadians know the Canada Pension Plan as a government account they pay money into every month when they are working, and then when they retire, CPP means a cheque or automated deposit that arrives every month. Sounds simple enough right? Well… There are many layers to CPP! It’s one of those topics in Canadian personal finance where you might be just fine with the broad outline for now, and then come back to you when you need specific details. When I first set out to write about...| Million Dollar Journey
Detailed guide on CCPC taxation - learn whether you should incorporate your business or not, and how much tax would you pay.| Million Dollar Journey
When looking for the best financial advisors in Canada (or best financial planners in Canada) you’re going to run into a lot of slick salespeople who are really good at using confusing language and scaring you into the financial products that pay them best. Canada’s mutual funds and insurance products are amongst the most expensive in the world, and there is a massive amount of money to be made by selling them to you - even if they’re a really bad fit for your situation. Many people thi...| Million Dollar Journey
Income splitting is a tax-saving strategy that divides a stream of income between family members (usually two spouses). The goal is to apportion as much of the higher-earning family member’s income to other family members, in an effort to get that higher-earning spouse into a lower tax bracket. Some economists and policy wonks have made the argument that income taxation should be applied to the family unit as a whole, and thus negate the need for fancy income splitting accounting altogether...| Million Dollar Journey
Is now the time to lock in Canada’s Best GIC Rates? With the Bank of Canada suggesting a potential rate cuts in 2025, and with Trump’s tariffs knocking on the door, the best GIC rates in Canada may be hovering at their peak -which could mean now’s a great time to snag something above 3.3%. A Guaranteed Investment Certificate (GIC) is essentially the Canadian counterpart to an American CD (Certificate of Deposit), offering a stable way to grow your money. GICs shine when you’re aiming ...| Million Dollar Journey
As we look ahead to summer and the second half of 2025, it’s time for an updated look at the Best Online Brokerages in Canada. With RRSP season in the rearview mirror – and what might be shaping up to be another round of “tariff season” drama ahead – now’s the time to lock in the easy DIY investing wins. I’ve been writing about Canadian online brokers for nearly 20 years, and the changes in the space have been massive. Fees have plunged, platforms are smoother than ever, and com...| Million Dollar Journey