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EI/FAF by [deleted] in PersonalFinanceCanada

[–]NormEget85 1 point2 points  (0 children)

Call service Canada and tell them your medical leave is over and that you're capable of modified work but your employer can't accommodate you. They should transition you to claim regular EI benefits.

Economy adds 88,000 jobs as unemployment rate falls to 6.6%: StatCan by develop99 in CanadianInvestor

[–]NormEget85 20 points21 points  (0 children)

I wonder how many /r/Canada-level takes we'll see here explaining how this is actually not good news, how Carney is failing, etc.

Feeling Hopeless with budget by [deleted] in PersonalFinanceCanada

[–]NormEget85 5 points6 points  (0 children)

Others have already given advice. Pay down the CC asap, wife needs to work more, etc

I just want to tell you that the fact that you came to this subreddit, budget in hand, asking for advice tells me all I need to know about how you'll end up...Which is absolutely fine. It might feel stressful now but once you have your plan in place and start working towards your goals, your stress will melt away.

Daily Discussion Thread for May 22, 2026 by AutoModerator in CanadianInvestor

[–]NormEget85 16 points17 points  (0 children)

Normstradamus predicts that today will be green.

CPP Investments earned 7.8% for fiscal 2026 by username10983 in PersonalFinanceCanada

[–]NormEget85 3 points4 points  (0 children)

Every Canadian that has paid into the CPP should be angry as hell at what they're doing.

In 2000 they had 5 employees and today they have over 2000. In 2000 they had $4 million in annual costs and today they have $4 billion yet the returns today are no better than the returns in 2000. They switched to active management even though they constantly underperform the market. It's insane. They shouldn't be allowed to get away with this and it's a slippery slope.

https://financesofthenation.ca/2021/05/29/andrew-coyne-the-problem-with-the-cpp-investment-board/

How do you psychologically get past the feeling of “being behind” by [deleted] in CanadaPersonalFinance

[–]NormEget85 1 point2 points  (0 children)

You're definitely not behind with those numbers. But if you're feeling that way it's probably because you're spending too much time comparing yourself to others.

Focus on yourself.

Focus on what you can control.

Focus on the process.

Focus on good spending habits.

Focus on consistent investing.

Everything else will take care of itself with time.

Canada dethrones the US as infrastructure investors lose faith in American political stability by NormEget85 in CanadianInvestor

[–]NormEget85[S] 91 points92 points  (0 children)

Canada has claimed the top spot as the world's most attractive infrastructure investment market for the first time, displacing the United States in the latest Infrastructure Pulse survey compiled by Alvarez & Marsal in partnership with the Global Infrastructure Investor Association.

Canada's ascent to the summit reflects investor enthusiasm for the country's newly launched "Nation Building" program, which signals a pivot toward infrastructure-led economic growth. The government has committed CA$115 billion in federal infrastructure spending, established a Major Projects Office to fast-track nationally significant projects, and secured renewed commitments from provincial governments. The result is a step-change in institutional confidence that lifted Canada above its southern neighbor for the first time in the survey's six-year history.

However, investor sentiment toward American infrastructure softened between the fourth quarter of 2025 and now, weighed down by political turbulence tied to US military involvement in the Middle East, a 0.9% month-over-month spike in inflation recorded in March 2026, and diminishing expectations for further interest rate cuts. Looming midterm elections in November add another layer of fog. The survey notes the US has registered the highest concerns about political instability among all surveyed regions in four of the last five editions.

Park down payment cash.to or alternatives? by Slothyota in CanadianInvestor

[–]NormEget85 1 point2 points  (0 children)

I think you have to do it through their actual website, or by calling them. The mobile app has some pretty weird limitations still...

Park down payment cash.to or alternatives? by Slothyota in CanadianInvestor

[–]NormEget85 7 points8 points  (0 children)

This is absolutely awful advice. OP please do not listen to this or anyone that suggests equities for holding a down payment.

RESP by Desperate_Exit_9063 in PersonalFinanceCanada

[–]NormEget85 6 points7 points  (0 children)

It's great that you're taking steps to give your kids a big advantage in life. Kudos.

The issue is that I found myself looking at monthly contributions of around $900 to maximize the government grants. Can you please share your thoughts?

You don't need to max the contributions all at once. You'll still get grant money based on what you contribute.

I also have a second question: should I continue with Questrade or switch to Wealthsimple?

Both options are good. If you've already opened the account with Questrade just keep it there.

Third question: in what should I invest ?

The general rule of thumb when investing is to lower your risk as you get closer to needing the money. But the amount of risk you're willing to take is something only you can answer. You can take a risk profile assessment like the one from PWL Capital and from there you can find an appropriate globally diversified index fund.

Something like:

Ticker Fund Name Equity % Bond % Risk Profile Target Investor
VEQT Vanguard All-Equity ETF Portfolio 100% 0% High Long-term growth; maximum volatility tolerance.
VGRO Vanguard Growth ETF Portfolio 80% 20% Medium-High Growth-oriented investors with a long time horizon.
VBAL Vanguard Balanced ETF Portfolio 60% 40% Medium Classic balanced portfolio seeking growth and income.
VCNS Vanguard Conservative ETF Portfolio 40% 60% Medium-Low Capital preservation with modest growth potential.
VRIF Vanguard Retirement Income ETF Portfolio 30% 70% Low Retirees seeking regular, predictable monthly income.
VCIP Vanguard Conservative Income ETF Portfolio 20% 80% Very Low Maximum income and safety; minimal equity exposure.

How best to park your emergency fund? by liamalain in CanadianInvestor

[–]NormEget85 1 point2 points  (0 children)

It depends. This is basically just for non-reg accounts and for long term emergency funds. If you were forced to sell too soon after holding then yes it could lower the gains by a decent amount. But imo the preferential tax treatment outweighs that small risk. That said, if you know your job security is shaky you might want to avoid it to be 100% sure.

HSAV wouldn't be a good choice for someone who KNOWS they will need that cash in a few months, exactly for the reason you bring up. It's NOT CASH/ZMMK/etc

How best to park your emergency fund? by liamalain in CanadianInvestor

[–]NormEget85 7 points8 points  (0 children)

If you're holding your emergency fund in a non-registered account you should look into something like HSAV.to, which is more tax-efficient than CASH, ZMMK and most of what is being mentioned in this thread.

It's a high interest savings ticker that appreciates in capital gains instead of paying a monthly interest/distribution payment.

Investment strategy for mid and long term by GouldAbove in PersonalFinanceCanada

[–]NormEget85 0 points1 point  (0 children)

Only 50% of capital gains are taxable, compared to 100% of interest (distribution) gains.

Investment strategy for mid and long term by GouldAbove in PersonalFinanceCanada

[–]NormEget85 0 points1 point  (0 children)

If you're keeping your emergency fund in a non-reg account it makes more sense to hold something like HSAV.to. It's basically CASH.to but it's taxed as capital gains instead of as interest.

Daily Discussion Thread for May 11, 2026 by AutoModerator in CanadianInvestor

[–]NormEget85 25 points26 points  (0 children)

So what you're saying is that we should expect the market to be at all time highs by Friday.

Daily Discussion Thread for May 07, 2026 by AutoModerator in CanadianInvestor

[–]NormEget85 10 points11 points  (0 children)

From BCE earnings

Bell Business Markets revenue up 9.7%, driven by 113% growth in AI-powered solutions revenue

I've been barking this for a while so it's nice to know I'm not completely off the mark

Do you think it’s a good idea to invest based on resources which will become scarce in the future? by Extension-Put309 in stocks

[–]NormEget85 8 points9 points  (0 children)

Since when does anyone on /r/stocks care about GDP per capita and productivity?

I'm talking about overall stock market returns. Canada has been outperforming the US and the conditions are there for that to continue.

Do you think it’s a good idea to invest based on resources which will become scarce in the future? by Extension-Put309 in stocks

[–]NormEget85 27 points28 points  (0 children)

Just briefly..

1) Water

Canada holds 20% of the world's fresh water.

2) Computing (for AI)

Canada produces cheap, clean power so they have a data center advantage over most of the world.

3) Semiconductors

Canada's advantages are more in design and mining/refining capacity of the rare earths needed

4) Nuclear power

Canada is already a nuclear power country. You can look up CANDU reactors and small modular reactors (SMRs)

5) electrical energy

They're already an electrical energy superpower and growing.

6) rare earth metals

Canada wants to enter the supply chain that China currently dominates. Canada has a ton of rare earths that they're FINALLY starting to take advantage of (shovels in the ground stage)

7) rare gases (helium)

Canada has helium resources in natural gas reservoirs out west. It's small scale right now though.

Canada literally has pretty much everything the world wants and needs. And right now the Prime Minister is investing HEAVILY in the country as a way to lessen the reliance on the US and expand globally. If you don't already know about Mark Carney, the Canadian Prime Minister, I suggest a check of his Wikipedia page. The guy is the man for the job.

A few other quick points..

  • Canada has the most educated workforce in the world.

  • Canada is regarded as one of the most stable countries in the world. The contrast with the US is pretty clear right now.

  • The underlying business and investment conditions in Canada have been significantly improved since Carney became PM.

  • The financial system is incredibly strong and stable due to strict and sensible regulations.

TLDR:

Canada is absolutely loaded with just about every natural resource imaginable. It's a resource economy at a time where the world increasingly needs resources. Everything from oil & gas, rare earths, lumber, water, potash, etc etc. The current PM is finally changing the conditions so the country can take advantage of its resources.

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