Take an interest in your savings

Article Abstract:

Canadians are advised to take advantage of the availability of high- interest savings accounts that are being offered by a number of small Canadian financial institution. These institutions, which include President's Choice Financial, American Express Co and ING Direct, are willing to pay 4.25% interest on their savings accounts. Figures from the Bank of Canada indicate that there are C$40 billion in savings accounts and and another C$57.5 billion in checking accounts that are earning an average of only 0.46% per annum.

Commercial Banking, Consumer Savings

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The search for low-fee investments

Article Abstract:

Canadian investors are beginning to realize the benefits of hassle-free investing and professional management are outweighed by high fees and underperforming returns after investing almost half a trillion dollars into mutual funds. A guide to some of the country's best mutual funds is presented, together with suggestions for better management of one's fund portfolio.

Financial management, Management investment, open-end, Methods, Services, Investments, Investor relations, Mutual fund industry, Investment management

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With a plethora of tax software, why bother pushing a pencil?

Article Abstract:

With the availability of a glut of tax software and thus reduced costs of the software, majority of tax returns in Canada are being filed electronically.

Prepackaged software, Software Publishers, Taxes, Applications Software Pkgs (Micro), Usage, Technology application, Tax policy, Applications software, Tax returns

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