How cash ETFs keep your money working

It’s a dilemma for many investors: you want to have cash set aside to hop on investment opportunities that might arise, but you also don’t want the money sitting in your portfolio not collecting any return. Enter cash exchange-traded funds. Experts say there is increasing demand for cash ETFs among investors old and young as they offer the flexibility of having liquid assets coupled with the benefit of a modest return.Chris Merrick, founder and owner of Merrick Financial, said there

If you are moving to Québec from elsewhere in Canada or from another country, there are a number of important tax considerations to understand. Two tax systemsUnlike other parts of Canada, you file two tax returns when you live in Québec: a federal tax return with the Canada Revenue Agency (CRA) and a provincial tax return with Revenu Québec. In addition to a federal T1 tax return, you file a provincial TP1 tax return. This alone can add complexity and, in many cas

Constantly keeping track of bills, savings and investments can be exhausting and feel like yet another chore in an already busy life. But there is a way to take some of the work off your plate: automation. “It’s my best advice for staying on track with any financial goals, whether that’s saving up for something, paying down debt, or just keeping orderly with your cash flow,” said Cindy Marques, certified financial planner and CEO of MakeCents.Make finances easier with aut

If you’re like most Canadians, your home is your biggest financial asset—so it can be confusing when the appraised value of your home doesn’t align with what your realtor suggests listing it for, or what a buyer is willing to pay.That confusion comes down to two different measures: market price and appraised value. While they sound similar, they serve different purposes and can vary widely. Understanding the difference helps you make better decisions when selling, refinancing,