Archive for December 2023
Best Canadian High Interest Savings Accounts
The best Canadian high interest savings accounts for 2025 combine a mix of high interest rates, with no-fee banking, and elite user-friendly platforms. One thing to note right off the top: If your savings goal is more than 6 months in the future, you should likely be checking out our Best GIC Rates in Canada…
Read MoreIs Algonquin Power Stock A Good Buy in 2025?
When considering an investment in Algonquin Power stock, it is essential to evaluate the company’s performance, market trends, and recent developments in the renewable energy sector. Keeping yourself informed about Algonquin Power’s recent advancements and industry dynamics is vital in making an informed investment decision. If you’re interested in diversifying your portfolio with dividend-paying stocks,…
Read MoreCI Direct Trading (Formerly Virtual Brokers) Review 2025
CI Direct Trading Overview In 2009, Virtual Brokers came out onto the scene as one of Canada’s best online discount brokerages with a commitment to offer rock-bottom prices to help investors cut costs to the bone. In 2021, Virtual Brokers rebranded, becoming CI Direct Trading. Three years later, CI Direct Trading continues to shine when…
Read MoreCIBC Investor’s Edge Broker Review 2025
What Is CIBC Investor’s Edge? If you are already a CIBC customer, you might already know that it has been around for a long time, over 100 years in fact. As a result, it offers an array of choices when it comes to how you save and invest your money. It offers the basics, such…
Read MoreQtrade vs. Wealthsimple in 2025
If you’ve been searching for the best rated discount brokerages in Canada, it’s likely that the Wealthsimple vs. Qtrade debate has popped up on your radar quite a few times. They are both good options for DIY investors looking for an easy to use and low-cost way to invest, but they definitely have some major…
Read MoreInvesting in Annuities in Canada – Buying a Pension for Life
As a former teacher you might think I’d be the last person who would want to learn more about investing in annuities in Canada. But with Rob Carrick over at the Globe and Mail writing about how right now might be the best time to buy Canadian annuities for several years (maybe a decade-plus), I…
Read MoreDesjardins Review (2025 Update – Free ETFs + Stock Trading)
What is Desjardins Online Broker? When it comes to Canadian online brokers, Desjardins Online Brokerage isn’t typically one of the first names that comes to mind. That being said, in the spirit of providing a full selection of broker reviews, our MDJ editorial team looked under the hood of one of Canada’s original discount brokerages.…
Read MoreBMO Investorline Review 2025
Is BMO Investorline Safe and Trusted? In a word, YES. As one of Canada’s oldest and most trusted companies (founded in 1817) the Bank of Montreal is as safe, trusted, and legit as you can get. InvestorLine has been around longer than the internet – BMO introduced self-directed trading way back in 1988 before moving…
Read MoreFHSA: Canada’s Tax-Free First Home Savings Account
With the government having launched the First Home Savings Account (FHSA) in 2023, more first-time home buyers should really be looking to take advantage of the tax-free benefits of the FHSA in 2024. The idea is obviously to make it easier for Canadians to buy their first home. In addition to the more straightforward benefits,…
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