Excellent news!

I sincerely apologize for posting affiliate links in both communities. It was an oversight on my part and I did not intend to violate any rules. I have removed the links as per your request. I appreciate your feedback and guidance on this matter.

Thank you, everyone!

While it might not directly relate to Canadian Finance News, I believe we could implement a similar regulation for big banks in Canada. Currently, none of these banks have raised their deposit interest rates, and I think this practice should become the standard.

Tangerine extends promotional interest rate offers to existing customers as well. As a long-standing customer myself, I recently benefited from 5.25% offer just last month.

Something…something… free speech.

Hello everyone!

I've set up megathreads for sharing referral codes in both communities. If you happen to have a WS referral code, feel free to drop it here!

Just to keep things fair and unbiased, I won't be joining in on the referral code sharing. Thanks a bunch!

https://lemmy.ca/post/1359288

https://lemmy.ca/post/1359256

Wealthsimple now offers 4% for ALL Cash clients

Previously: 1% for all clients, 3% for direct deposits over $500, 4% for $100,000 net deposits

Now: 4% for all clients, 4.5% for $100,000 net deposits, 5% for $500,000 net deposits

Yes, According to a recent article and insights from University of Ottawa law professor Michael Geist, who holds the Canada Research Chair in internet and e-commerce law, it becomes evident why Australia was successful in striking a deal with Facebook to retain news content.

https://www.cbc.ca/amp/1.6925726

Although I agree with the sentiment, I believe that checking your credit report only once a year leaves too long of a gap, especially in this modern age of rampant identity theft and frequent data breaches.

I strongly advise everyone to sign up for Credit Karma & Borrowell, which allows you to check your credit score and report every month. These apps also provide helpful notifications for significant changes in your score, helping you stay vigilant against potential threats.

Quite the pack!

Do Horizon ETFs typically increase their $CASH.TO distribution soon after a Bank of Canada rate increase? I’m curious if you’re familiar with the historical trend behind it.

One-third of my portfolio is currently allocated to CASH.TO 😄

However, this is intentional as I am saving this portion for the down payment on my first property.

Up: Just $746 more and I'll hit a new milestone in my investment portfolio! 🤩

Down: I'm just $746 short of reaching that milestone in my investment portfolio. 😩

250K

For anyone curious, here is what my current investment portfolio looks like,

Thank you for your input! I didn't realize that net worth in stocks, GICs, HISA & registered accounts could be considered eligible assets for borrowing in Canada, which is fantastic. I'm definitely going to look into this further.

Regarding Interactive Brokers, I have some reservations about their management style, especially after their chairman, who is also their largest shareholder, criticized retail investors during the GME short squeeze, suggesting that normal people buying and holding a stock and causing a squeeze is manipulation. It makes me question their trustworthiness.

I truly appreciate your insights and find them enlightening.

Thanks for sharing!

EQB.TO to the 🚀🌕

Wealthsimple now offers 4% for ALL Cash clients

Previously: 1% for all clients, 3% for direct deposits over $500, 4% for $100,000 net deposits

Now: 4% for all clients, 4.5% for $100,000 net deposits, 5% for $500,000 net deposits

Developer name for Raivo has been updated to Mobime on app stores, https://apps.apple.com/ca/app/raivo-authenticator/id1459042137

AMC Entertainment Holdings, Inc. is an American movie theater chain founded in Kansas City, Missouri, and now headquartered in Leawood, Kansas.

It is the largest movie theater chain in the world, owner of 940 theaters and 10,474 screens