What is a gross debt service ratio (GDS)?
Lenders use the gross debt service ratio (GDS) to determine the amount of your mortgage loan. Find out why...
What is a fixed-rate mortgage?
A fixed-rate mortgage offers home owners predictable payments. How does it compare to a variable rate? Learn how fixed-rate...
Making sense of the markets this week: February 19, 2023
Pipelines transport dividends without any leaks, Shopify’s earnings are a half-full glass, tech stocks are on the move, and...
What is a down payment?
Making a down payment is the first step to securing the purchase of a home. How much do you...
What is a bubble?
Find out how stock market bubbles happen—and why they collapse—in the MoneySense Glossary.
What is a bank draft?
Bank drafts are used to pay for large purchases like real estate or vehicles. Learn how bank drafts work...
What are assets?
Learn what qualifies as an asset in Canada, as well as how assets are classified in the investment world.
What is an amortization period?
You need to choose an amortization period when you apply for a mortgage. Learn more in the MoneySense Glossary.
What is an adjusted cost base (ACB)?
To calculate a capital gain or loss, you must know your investment’s ACB. Here’s the formula for adjusted cost...