an rrsp

Investors who hold dividend-paying Canadian stocks get an additional bonus: their dividends may be eligible for the tax credit reserved for the dividends of Canadian corporations.


This means those dividends get taxed at a lower rate than the same amount of interest income; for example, investors in the highest tax bracket pay tax of about 29% on dividends, compared to 50% on interest income.


The tax on capital gains is even lower, at roughly 25%....

OVINTIV INC., $17.17, is a buy. The energy producer (Toronto symbol OVV; Shares outstanding: 259.9 million; Market cap: $4.3 billion; TSINetwork Rating: Average; Dividend yield: 2.8%) continues to improve its efficiency in response to the COVID-19 pandemic and falling oil prices....

We continue to recommend you maintain some exposure to oil stocks as part of the Resources portion of your overall portfolio. The four oil producers we analyze below still have substantial reserves; they’re also doing a good job of cutting their costs. That puts them in a strong position to increase profits as the global economy recovers from COVID-19.


SUNCOR ENERGY INC....

Best retirement advisor tips for maximizing your savings, including the use of an RRSP

The best dividend ETFs can lead to high yields and add stability to your portfolio.They also practice “passive” fund management, rather than “active.”

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The price for Western Canadian crude oil jumped from an average $4.92 a barrel in April to $46.03 in June as Canada and other countries began to ease COVID-19 lockdowns.


Strengthening oil prices, combined with aggressive cost cuts, improve the prospects of these four oil producers....

Do you want the best Canadian dividend ETF investments to be part of your portfolio? We can teach you how to find them.

This month, we look at three tax-efficient ETFs launched by Horizons earlier this year.


The ETFs don’t hold actual stocks or other investments, but rather financial instruments called “total return swaps” that replicate the returns of indexes.


Instead of paying dividends or interest that is taxable each year, these ETFs reinvest the value of the payments and reflect them in the net asset value of the funds....

Oil prices are moving up as OPEC producers and others cut their supply because of reduced global demand due to the pandemic. We feel oil prices will continue to move higher as more countries reopen their economies.


However, with oil and gas prices still at historically low levels, it’s unlikely that renewable power sources will soon replace the need for fossil fuels....