Introducing "Dollars & Sense"

Your go-to blog for demystifying the world of finance and improving financial literacy in a fun and light-hearted way!

With a big focus on simplifying complex concepts, this blog aims to make finance accessible to everyone. Whether you're a beginner looking to understand the basics or a seasoned investor seeking new insights, Dollars & Sense has got you covered.

What makes this blog even more special is the diverse range of content it offers, featuring contributions from other RBC professionals. Get ready to embark on a journey of financial enlightenment as we break down financial topics, share practical tips, and deliver engaging content. Stay tuned for weekly posts that will empower you to make informed decisions and take control of your financial future.

If there's ever a topic you need help with, the suggestion box is always open.

Happy reading!

Chanel

Video: Bank of Canada cuts interest rate to 3% amid U.S. trade uncertainty

Video: Bank of Canada cuts interest rate to 3% amid U.S. trade uncertainty

 January 30, 2025 |Josh Nye, Canadian Fixed Income Strategist

The Bank of Canada lowered its benchmark interest rate in January to 3% from 3.25% amid ongoing uncertainty over the threat of U.S. tariffs.

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A playbook for how to measure a tariff shock in Canada

A playbook for how to measure a tariff shock in Canada

 January 23, 2025 |Frances Donald and Nathan Janzen
U.S. President Donald Trump has taken office, and understandably, there is growing concern about what threatened American tariffs could mean for the Canadian economy. Economists have a head start this time around—it isn’t our first pass at assessing the...
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Homebuyers get some affordability relief but strains endure

Homebuyers get some affordability relief but strains endure

 January 09, 2025 |Robert Hogue
Homeownership costs have eased for three consecutive quarters in Canada. The share of income a household needs to cover mortgage payments, property taxes and utilities has fallen nationwide to 58.4% by Q3 after reaching an all-time high of 63.8% in Q4...
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Five strategies to maximize your RRSP savings

Five strategies to maximize your RRSP savings

 January 01, 2025 |RBC Wealth Management

From contributing at the beginning of the year to setting a savings target, these tips can help you make the most of your RRSPs.

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How income splitting can create tax savings

How income splitting can create tax savings

 January 01, 2025 |RBC Wealth Management

Find out what income splitting is, and how a prescribed rate loan strategy may be beneficial for you as part of tax planning.

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Five ways to pay less tax in retirement

Five ways to pay less tax in retirement

 January 01, 2025 |RBC Wealth Management

These strategies can help you maintain the lifestyle you had while working.

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TFSA versus RRSP versus FHSA: Your top questions answered

TFSA versus RRSP versus FHSA: Your top questions answered

 January 01, 2025 |RBC Wealth Management

Learn the main​​ features of each registered investment plan to figure out which one is right for you.

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Five ways to pay less tax in retirement

Five ways to pay less tax in retirement

 January 01, 2025 |RBC Wealth Management

These strategies can help you maintain the lifestyle you had while working.

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Financial planning: Nine key areas of focus

Financial planning: Nine key areas of focus

 January 01, 2025 |RBC Wealth Management

Important aspects to consider in organizing your financial picture.

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