It also ditched U.S. expansion efforts after selling its U.S. book of business to Betterment in 2021, and sold its Wealthsimple for Advisors to Purpose Advisor Solutions as it focused…
Read more Wealthsimple reveals that it’s now profitable, after 10 years in operation – MoneySenseI try to picture 84-year-old me being told by my kids that it is time to hire a financial planner. I may not be so keen myself when…
Read more What happens when you can’t manage your investments anymore? – MoneySenseTypes of investing accounts In Canada, there are two types of investment accounts: registered and non-registered. Registered accounts are filed with the Canada Revenue Agency (CRA), the governmental…
Read more Buying your first stocks in Canada – MoneySenseWhen you give cash or assets to a family member to invest, there may be attribution of that income back to you. Attribution causes income to be taxed…
Read more Can you save on taxes by owning an investment account with your child? – MoneySense
