Archive for April 2026
Best Canadian Dividend Stocks – May 2026
As we leave RRSP season in the rearview mirror, our May 2026 Best Dividend Stocks list needed an update. Given the chaos that the Trump administration has unleashed on the world’s energy markets, it’s no surprise that the relative safety of Canadian dividend stocks is looking pretty good right now. While we’re unlikely to see…
Read MoreBest Canadian Online Brokers – May 2026
As we finish our spring cleaning and look ahead to summer, Canada’s best online brokers are doing their best to welcome you with open arms and cash back promotions. The big 2026 update is that Qtrade (our pick for the #1 online brokerage in Canada) now offers completely free stock and ETF trading. No commissions…
Read MoreQtrade Review 2026 – Canada’s Best Broker
Current Qtrade New Customer Promotion Brokerage promos are only worth paying attention to these days if they actually put meaningful cash in your account. “Free trades” used to sound exciting and they used to have real value, but now several of our top brokers offer $0 stock and ETF trades. Qtrade’s current offer stands out…
Read MoreEQ Bank Review 2026
EQ Bank Account Options and Interest Rates Account Type Interest Rate Best For Daily High Interest Account 1%* (Plus 1.75% if you direct deposit your pay) People who want the highest consistent interest rate in Canada + free e-transfers + super cheap international money conversion + FREE BANKING + USD Accounts for Canadians EQ GICs…
Read MoreJustwealth Review 2026
Why Justwealth? As I’ve updated my Justwealth review over the years, they have risen from a solid-but-not-elite option to the best robo advisor in Canada. How did they do it? By focusing on what matters. Frankly, while Justwealth has made great strides in the way their website looks, they still aren’t the most aesthetically-appealing option…
Read MoreBest Canadian Robo Advisors 2026
With Wealthsimple now more focused on being a crypto trading and online betting site instead of an investing platform, we see other contenders pulling ahead for the title of Canada’s best robo advisor. Right now, Justwealth (our top-ranked Canadian robo advisor for 2026) is leading the pack with a cash bonus of up to $500…
Read MoreWealthsimple Review 2026
What is Wealthsimple? Wealthsimple was founded in 2014 by Michael Katchen, Brett Huneycutt, and Rudy Adler. I’ll be upfront about my bias here. I liked the company a lot more in its early years than I do today. In fairness, the platform that I really fell for back in 2015 and 2016 wasn’t nearly as…
Read MoreQuestrade vs Wealthsimple – Which is Better in 2026?
The Wealthsimple vs Questrade battle for Canadians’ investment dollars has become much more prominent over the last few years as each company has upped their marketing budget big time! Both companies built their reputations (and humorous ad campaigns) on a simple truth: Canadians pay far too much at the big banks. Free trades, clean interfaces,…
Read MoreQuestrade Review 2026
Is Questrade Safe & Secure? One of the most common questions that I have gotten in the comments below is: Is investing my money through a Questrade online brokerage account safe? Is Questrade as safe as RBC, TD, CIBC, ScotiaBank, and BMO? – MDJ reader The answer: Yes! Questrade is a full member of (and…
Read MoreBuying a House in Canada – Why I Can’t Wait To NOT Be a Homeowner
I originally wrote this article about buying a house in Canada back in 2021 – right as the price of housing was picking up. I’ve kept it updated over the last few years as it caught the attention of Rob Carrick over at the Globe and Mail, as well as a few other big names.…
Read MoreInvesting in Rare Earth, Strategic, Minor and Industrial Metals
While we on Million Dollar Journey generally recommend straightforward investments like Canadian dividend stocks and index investing using Canadian ETFs, there is a growing curiosity from certain investors (commonly, HNWI) who seek out a more active management style of management. We have covered a variety of alternative investing vehicles, and the case for buying strategic,…
Read MoreInvesting In Collectibles as An Alternative Asset Class
Ever since I first published this article back in 2021, a lot has happened. The collectible market has seen the post-COVID whipsaw, got a prime-time Netflix show called The Goldin Touch, and watched Shark Tank panel member Kevin O’Leary spend over $12,000,000 on a single sports card. In all fairness, some collectibles, bought at the…
Read MoreInvesting For High Net Worth Individuals
A mistake many people tend to make is assuming that managing a high net worth portfolio is just a larger version of what worked prior. In reality, when you possess a lot of investible wealth, there are more considerations and options than previously. In Canada, the label HNWI (high net worth individual) means someone with…
Read MoreInvesting In Gold In Canada 2026
Given the insanely speculative run we’ve been on in 2026, it probably isn’t a big surprise that our comment board has been full of requests about how to invest in gold in Canada (and then how to sell gold as well)! Just a month ago it looked like gold was on an unstoppable trajectory. The…
Read MoreSecond Citizenship, Offshore Investing & Expat Money Strategies for High Net Worth Canadians
For high-net-worth Canadians, the idea of obtaining a second passport isn’t just about escaping winter or avoiding long immigration lines, it’s about financial flexibility, risk management, and strategic wealth preservation. Reasonable people can argue over the proper taxation level for various income and wealth levels in society, but the reality on the ground is that…
Read MoreInvesting in Commodities in Canada 2026
If you have been like many investors and sticking with an easy, passive all-in-one ETF, but looking to try out something a bit more active, investing in commodities like gold in Canada could be just the thing to scratch that itch. Commodities are consumer products such as energy, metals and agriculture – and they are…
Read Morebitcoin in Canada 2026: Should I Buy bitcoin?
We’ve had hundreds of Canadians ask us some version of the same question over the years: “Should I buy Bitcoin?” Those types of emails piled up in late 2020, went quieter for a while, then came roaring back every time the chart went vertical, most notably in 2024 and again in late 2025. Bitcoin has…
Read MoreAlternative Investments In Canada: What, How, and Is It Worth It?
Alternative investments in Canada have exploded in popularity over the last decade. From private equity and private credit, to real estate funds, hedge-style ETFs, commodities like gold or rare metals, crypto, or even collectibles. Investors are constantly being told that they need “something different” in their portfolio. The promises made to potential investors are the…
Read MoreCanadian Undervalued Stocks 2026
Undervalued stocks in Canada are usually identified as having a market value that is for one reason or another below their “true value.” The idea is that if you as an investor are able to identify these undervalued stocks while their purchase price is still low, then, someday in the future, when the rest of…
Read MoreScotia iTRADE Review 2026
What is Scotia iTRADE? In 2008, Scotia iTRADE was launched when Scotiabank acquired E*Trade Canada and promptly rebranded it. This purchase was a smart move as it essentially doubled the online client base of Scotiabank overnight. Scotia iTRADE initially gained popularity among active day traders because of its discounted flat rate commissions for active traders.…
Read MoreBest Utility Stocks in Canada 2026
There’s a reason my pick for Canada’s best utility stock (Fortis) also showed up at #1 on my overall list of the best dividend stocks in Canada. These utility companies operate in what are basically regulated monopolies or oligopolies. This means that they can usually pass higher costs (inflation) on to customers without much delay…
Read MoreIt’s Not Just Canadian Gas Prices – It’s Your Car(s) Ownership Choices
Average gas prices in Canada remain high—but they’re often misunderstood. As of now, Canadians are paying roughly $1.73 per litre on average, with significant differences depending on the province. But here’s the key point most drivers miss: Gas isn’t actually the biggest cost of owning a car in Canada. In fact, for most drivers, fuel…
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