Femi Orenuga Femi Orenuga

RESPs Explained: How the Registered Education Savings Plan Works in Canada

Saving for your child’s education in Canada? The RESP (or Registered Education Savings Plan) is one of the best ways to do it.

In this post, I break down how RESPs work, how to get up to $7,200 in government grants (plus extra through the Canada Learning Bond), and what happens when your child starts school, all in simple, beginner-friendly language.

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Femi Orenuga Femi Orenuga

How to Set Up DRIP in Canada (Questrade & Wealthsimple Users)

Want your dividends to work harder for you? In Canada, a DRIP (Dividend Reinvestment Plan) automatically reinvests your payouts into buying more shares — growing your portfolio on autopilot. This guide shows beginners how to set up DRIP with Wealthsimple and Questrade, explains the difference between fractional vs whole shares, and covers the tax perks of using your TFSA, RRSP, or non-registered account.

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Femi Orenuga Femi Orenuga

Best Credit Cards in Canada

Not all credit cards are created equal. In this post, I break down 6 of the best Canadian credit cards in 2025—tailored to your lifestyle and spending habits. Whether you're after free travel, cashback, or flexible rewards, there's a card on this list that’ll work for you.

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Femi Orenuga Femi Orenuga

The Canadian Finance Recap

Canada’s economy is flashing mixed signals: jobs are harder to land, the TSX hit record highs thanks to gold stocks, and Wealthsimple confirmed a small client data breach. Here’s what it all means for Canadians and investors.

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Femi Orenuga Femi Orenuga

Canada’s GDP Just Shrank… What It Means for You:

Canada’s economy shrank 1.6% in Q2 2025, with U.S. tariffs dragging exports down 7.5%… the sharpest drop in five years. Strong consumer spending kept the slowdown from being worse. Here’s what it means for rates, jobs, and investors.

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Femi Orenuga Femi Orenuga

The Canadian Finance Recap

Canada’s economy saw three big shifts last week: tariffs eased under CUSMA, inflation cooled to 1.7% but food and rent remain expensive, and housing sales surged with the average home price at $673K. Here’s what it means for Canadians.

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Femi Orenuga Femi Orenuga

Shopify just made Canadian stock market history.

Shopify just became Canada’s most valuable public company, beating out RBC with a $276 Billion market cap. After a massive $906M Q2 profit and a 20% stock jump, analysts say Shopify’s AI tools are fueling its global growth in e-commerce.

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Femi Orenuga Femi Orenuga

Canadian Finance Recap: JULY 2025

July 2025 brought record TSX highs, a cautious Bank of Canada, weak U.S. job growth, and new tariff risks. Here’s the key news, what it means for your money, and the trends to watch heading into the fall.

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Femi Orenuga Femi Orenuga

JULY 2025 STOCK MARKET MOVERS: WINNERS & LOSERS

July was a rollercoaster for Canadian investors. The TSX hit record highs before U.S. job data sparked a pullback, the Bank of Canada held rates steady, and trade tensions grew. Here’s the key market news and what it means for your money.

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