Unlock Your Financial Future: The Best Canadian Money Magazine Guides for 2025

Thinking about your money in 2025? It’s a good time to get a handle on where your cash is going and how to make it work harder for you. With so many options out there, figuring out the best approach can feel like a puzzle. This article looks at some of the top guides from Canadian money magazine sources to help you make smarter financial choices.

Key Takeaways

• For long-term growth, stocks and ETFs are generally good choices, offering higher returns over time. Mixing them with bonds can help balance risk.

• Getting a consistent 10% annual return is tough. While the stock market has averaged this long-term, riskier options might offer high returns but come with big risks.

• When choosing investments, think about your money goals, how much risk you're okay with, and how involved you want to be. There's no one-size-fits-all answer.

• Robo-advisors can be a good option if you want a simple, low-cost way to build a diversified portfolio without doing all the work yourself.

• Keeping investment fees low is important. Index funds and ETFs usually have lower fees than actively managed mutual funds, which can boost your overall returns.

1. Best Trading Platforms in Canada

Choosing the right place to trade stocks and other investments in Canada can feel like a big decision. You want a platform that’s easy to use, doesn't cost too much, and has the tools you need to make smart moves. With so many options out there, it’s easy to get overwhelmed.

The best trading platform for you really depends on what you're trying to do with your money. Are you just starting out and want something simple? Or are you a seasoned investor looking for advanced charting and a wide range of assets? Let's break down some of the top contenders.

Here are a few things to think about when picking a platform:

• Fees: How much does it cost to buy and sell? Look out for trading commissions, account maintenance fees, and transfer fees.

• Investment Options: Does it offer the types of investments you're interested in? Think stocks, ETFs, mutual funds, bonds, and maybe even options or forex.

• Ease of Use: Is the website or app intuitive? Can you find what you need without a struggle?

• Research Tools: Does it provide market data, analysis, and educational resources to help you make informed decisions?

• Account Types: Does it support the accounts you want to use, like TFSA, RRSP, or a regular taxable account?

Here's a quick look at some popular choices:

Platform	Finder Score	Key Features	Trading Fees (Stocks)	Account Fees	Promotions
Questrade	9.1	Wide asset selection, $0 commissions for ETFs/stocks	$0	$0	N/A
Qtrade Direct Investing	7.7	Good for beginners, solid research tools	$6.95 - $8.75	$0-$25/quarter	5% cash back up to $15,000 + unlimited free trades (Code: QTRADE2025, ends Dec 31, 2025)
Interactive Brokers	N/A	Extensive trading capabilities, global exchanges	$0.0049/share (min $1)	$0	6% cash rebate + up to $4,600 in trading perks (ends Oct 31, 2025)

Picking a trading platform is like choosing a tool for a job. You wouldn't use a hammer to screw in a bolt, right? Similarly, the best platform for buying index funds might not be the best for active day trading. Think about your own investing style and what you need most from your broker.

2. Best Robo Advisors in Canada

If you're looking for a way to invest without a lot of fuss, robo-advisors might be your answer. They're basically online platforms that use algorithms to build and manage investment portfolios for you. You tell them about your financial goals and how much risk you're comfortable with, and they do the rest. It's a pretty hands-off approach, which is great if you don't have the time or the desire to pick individual stocks or manage your own funds.

Robo-advisors are a fantastic option for Canadians who want a simple, low-cost way to build a diversified portfolio. They're designed to make investing accessible, even if you're new to it all.

Here are a few popular choices in Canada:

• Wealthsimple Invest: This is a big name in the Canadian robo-advisor space. They create personalized portfolios and manage them automatically. Their app is known for being user-friendly, and they have low fees.

• Moka: Moka offers a unique approach by rounding up your everyday purchases and investing the spare change. They also provide options for socially responsible investing and setting up multiple savings goals.

• Questwealth Portfolios: If you like a bit more control or want a slightly more active approach while still using automation, Questwealth might be a good fit. They offer more customization options.

Robo-advisors typically invest your money in a mix of low-cost Exchange Traded Funds (ETFs). The specific mix depends on your answers to their initial questionnaire about your risk tolerance, investment timeline, and financial objectives. This diversification helps spread out risk across different asset classes and markets.

When you're choosing a robo-advisor, think about their management fees, the types of investments they use, and any minimum investment requirements. Most robo-advisors in Canada have fees that are less than 1% of your investment, which is quite competitive compared to traditional financial advisors.

3. Best Brokerage Account Promotions

Looking to get a little extra bang for your buck when opening a new brokerage account? You're in luck. Many Canadian platforms offer special deals to new clients, and these can add up to some serious savings or bonus cash. It's like getting a welcome gift just for deciding to invest.

These promotions can come in various forms. Some might give you a percentage of your initial deposit back as cash, while others offer free trades or even discounts on trading fees for a period. It really pays to shop around and see who's offering what, especially if you're planning to move a decent amount of money into your account.

Here's a look at some common types of promotions you might find:

• Cash Rebates: A percentage of your deposited funds is returned to you. For example, a 5% rebate on a $10,000 deposit means an extra $500 in your account.

• Free Trades: You might get a certain number of free trades or unlimited free trades for a set period, which can save you money on transaction costs.

• Trading Perks: This could include things like reduced commission rates, access to premium research tools, or other benefits designed to make trading easier or cheaper.

Keep an eye on the expiry dates for these offers, as they often have a limited time window. It's also important to read the fine print to understand any conditions attached, like minimum deposit amounts or holding periods.

Here's a snapshot of what some platforms might offer:

Platform Name	Offer Details	Expiry Date
Questrade	5% cash back on first $15,000 invested, plus unlimited free trades	December 31, 2025
Qtrade Direct Investing	6% cash rebate plus up to $4,600 in trading perks	October 31, 2025

Remember, the best promotion for you depends on how much you plan to invest and your trading style. Don't let a promotion be the only reason you choose a platform, but it's definitely a nice bonus when you find a good one.

4. Best ETFs in Canada

Exchange-Traded Funds, or ETFs, have become a really popular way for Canadians to invest. They're basically baskets of investments, like stocks or bonds, that trade on an exchange just like a regular stock. This makes them super flexible and often quite cheap to own.

The big advantage of ETFs is diversification. Instead of buying one or two stocks, you can buy an ETF that holds hundreds or even thousands, spreading your risk around. This is a smart move, especially if you're just starting out or don't have a ton of cash to put into individual securities.

When you're looking at ETFs in Canada, you'll find a few main types:

• Broad Market Index ETFs: These aim to track a major market index, like the S&P/TSX Composite for Canadian stocks or the S&P 500 for U.S. stocks. They're a great way to get exposure to the overall market without picking individual companies. Think of ETFs like BMO S&P/TSX Capped Composite Index ETF (ZCN) or Vanguard S&P 500 ETF.

• Sector-Specific ETFs: These focus on a particular industry, like technology, healthcare, or energy. They can offer higher growth potential but also come with more risk because they're not as diversified.

• Bond ETFs: These hold a collection of bonds, offering a more stable investment option compared to stocks. They can be a good way to add some balance to your portfolio.

• Dividend ETFs: For investors looking for income, these ETFs hold companies that regularly pay out dividends. An example might be the iShares Canadian Select Dividend Index ETF (XDV).

• International ETFs: These give you exposure to markets outside of Canada, like developed countries (e.g., iShares MSCI EAFE ETF) or emerging markets (e.g., Vanguard FTSE Emerging Markets ETF).

One of the best things about ETFs is their low cost. Because most ETFs are passively managed (meaning they just track an index rather than having someone actively pick stocks), their management fees, often called the Management Expense Ratio (MER), are usually much lower than traditional mutual funds. This might seem small, but over the long run, lower fees can make a big difference in how much your investment grows.

Choosing the right ETFs really depends on what you're trying to achieve with your money. Are you looking for steady growth, income, or just to match the market? Your risk tolerance and how long you plan to invest for are also big factors. It's not about finding the 'best' ETF in a vacuum, but the best ETF for your specific situation. Many investors find that a mix of Canadian, U.S., and international equity ETFs, along with some bond ETFs, forms a solid foundation for a diversified portfolio.

5. Best Dividend Stocks

When you're looking to build a solid investment portfolio in Canada, dividend stocks are often a go-to choice. These are shares in companies that regularly distribute a portion of their profits back to shareholders, usually in the form of cash payments. It's like getting a little thank-you bonus just for owning a piece of the company.

The real appeal of dividend stocks lies in their potential to provide a steady income stream, which can be especially attractive for those nearing retirement or looking to supplement their regular earnings. Beyond the income, these companies often tend to be more established and stable, meaning they might not swing up and down as wildly as some other types of investments during market turbulence. Think of them as the reliable workhorses of your investment strategy.

Here are a few types of Canadian companies that commonly pay dividends:

• Financial Institutions: Canada's big banks are well-known for their consistent dividend payouts. They operate in a relatively stable market and have a long history of profitability.

• Utilities: Companies that provide essential services like electricity, gas, and water often have predictable revenue streams, allowing them to share profits with investors regularly.

• Telecommunications: Similar to utilities, telecom companies provide services people need consistently, which can translate into stable dividend payments.

• Real Estate Investment Trusts (REITs): While not strictly stocks, REITs own income-generating real estate and are legally required to distribute most of their taxable income to shareholders as dividends.

When picking dividend stocks, it's not just about the current payout. You'll want to look at the company's history of dividend increases, its financial health, and its prospects for future growth. A company that consistently raises its dividend over time is often a sign of a strong, growing business.

Investing in dividend stocks isn't a get-rich-quick scheme. It's more about building wealth steadily over time through consistent income and potential capital appreciation. It requires patience and a focus on quality companies that can maintain or grow their payouts year after year.

6. Best Investment Apps

When you're looking to get your money working for you, investment apps can be a really convenient way to start. They're designed to be user-friendly, often with features that make investing feel less intimidating, especially for folks who are just getting their feet wet.

These apps let you buy and sell stocks, ETFs, and sometimes even other assets right from your phone. Many offer educational resources, and some even have tools to help you build a diversified portfolio without needing a finance degree. The best investment apps in Canada make it simple to manage your money on the go.

Here are a few popular options you might want to check out:

• Wealthsimple: This one is known for its clean design and easy-to-use platform. It's great for beginners who want a hands-off approach, as it can automatically build and manage a portfolio for you based on your goals.

• Questrade (Questwealth): If you like a bit more control but still want low fees, Questrade's managed investing option, Questwealth, could be a good fit. It offers more customization for those who want to be a little more hands-on.

• Moka: This app is interesting because it lets you invest your spare change. Every time you make a purchase, it rounds up the amount and invests the difference. It's a neat way to invest small amounts regularly.

Choosing the right app really comes down to what you're looking for. Some apps are better if you want to pick your own investments, while others are perfect if you prefer to have everything managed for you. Think about how much you want to be involved and what features are most important to your investing style.

When you're comparing apps, keep an eye on things like trading fees, account minimums, and what kind of investment options they provide. Most apps will have a way to show you how your investments are doing, which is pretty handy for staying on top of things.

7. Best Alternative Investments

When you think about investing, stocks and bonds probably come to mind first. But there's a whole other world out there called alternative investments. These are assets that don't fit neatly into those traditional categories. They can be a bit trickier to understand and often come with higher risks, but they can also offer unique ways to grow your money and diversify your portfolio. The key is to approach them with caution and do your homework.

Some common alternative investments include:

• Real Estate: Beyond just owning a rental property, this can involve investing in Real Estate Investment Trusts (REITs) which trade on exchanges like stocks but focus on properties. This gives you exposure to real estate without the hassle of being a landlord.

• Commodities: Think gold, silver, oil, or even agricultural products. You can invest in these through futures contracts, exchange-traded funds (ETFs), or by owning the physical asset, though the latter is less common for most investors.

• Private Equity and Venture Capital: This involves investing in private companies that aren't listed on public stock markets. It's usually for accredited investors and requires a long-term commitment, but can offer significant returns if the company succeeds.

• Collectibles: Art, antiques, rare coins, or even fine wine can be considered alternative investments. Their value is driven by rarity, demand, and condition, and they require specialized knowledge.

• Cryptocurrencies: While relatively new, digital currencies like Bitcoin and Ethereum are increasingly seen as an alternative asset class. They are known for their high volatility but also their potential for rapid growth.

Here's a quick look at how some alternatives might fit into a portfolio:

Investment Type	Potential Role in Portfolio	Typical Risk Level	Liquidity	Example
REITs	Diversification, Income	Medium to High	High	BIA Real Estate Investment Trust (BEI.UN)
Gold ETF	Inflation Hedge, Diversifier	Medium	High	SPDR Gold Shares (GLD)
Bitcoin ETF	High Growth Potential	Very High	High	Purpose Bitcoin ETF (BTCC.B)

It's important to remember that alternative investments can be complex. Regulations around them can also vary, so understanding the specific rules for alternative investment funds in Canada is a good idea before you jump in. They're not for everyone, and usually, only a small portion of your overall investment strategy should be allocated to them, especially if you're just starting out.

Many alternative investments are less regulated than traditional assets. This means there's less oversight, and you might have fewer protections if something goes wrong. Always be sure you understand what you're investing in and the potential downsides.

8. Best Low-Risk Investments

When you're looking to grow your money without a lot of worry, low-risk investments are the way to go. These options are designed to protect your initial investment while still offering some return, though typically not as high as riskier choices. It's all about finding that sweet spot between safety and growth.

Several types of investments fit this bill. You've got your High-Interest Savings Accounts (HISAs), which are pretty straightforward. They're basically savings accounts that pay a bit more interest than your standard one. Then there are Guaranteed Investment Certificates, or GICs. These are like term deposits where you lock your money away for a set period, and in return, you get a guaranteed interest rate. They're super safe because they're insured.

Another solid choice is Treasury Bills, often called T-bills. These are short-term debt instruments issued by the government. They're considered one of the safest investments out there. Money Market Funds are also popular; they invest in very short-term, high-quality debt. They aim to maintain a stable value while providing a modest return.

Bonds, especially government bonds, are also on the lower-risk spectrum. While corporate bonds can carry more risk, high-quality government bonds are generally very secure. Finally, annuities can offer a guaranteed income stream, often for life, which can be a very low-risk way to manage retirement income.

Here's a quick look at some common low-risk options:

• High-Interest Savings Accounts (HISAs): Easy access, insured, modest returns.

• Guaranteed Investment Certificates (GICs): Fixed term, guaranteed rate, insured.

• Treasury Bills (T-bills): Short-term government debt, very secure.

• Money Market Funds: Invest in short-term debt, stable value.

• Government Bonds: Debt issued by governments, generally safe.

The key to low-risk investing is capital preservation. While the returns might not make you rich overnight, the peace of mind knowing your money is protected is often the primary goal. It's a great strategy for short-term savings goals or for money you can't afford to lose.

When considering these options, it's important to look at the current interest rate environment. Even small differences in rates can add up over time. For instance, comparing different GIC rates can help you find the best available return for your locked-in funds. Remember, the goal here is stability, making these investments a cornerstone for many conservative portfolios.

9. Best Investments in Canada

Figuring out the best investments in Canada for 2025 can feel like a puzzle, especially with all the market ups and downs we've seen lately. Inflation's been a real pain, making our money buy less, so putting it to work is more important than ever.

When we talk about investing in Canada, there are a bunch of different paths you can take, and what's 'best' really depends on what you're trying to achieve. Are you saving for a down payment in a few years, or are you thinking about retirement decades from now? Your comfort level with risk also plays a big role. Some people like the idea of steady, predictable returns, while others are okay with more ups and downs for the chance at bigger gains.

Here are some popular investment types you'll find in Canada:

• Stocks: Buying shares in individual companies. You can pick businesses you believe in, hoping they grow in value or pay out dividends. This can be exciting but also comes with more risk.

• Index Funds & ETFs: These are like baskets of many different stocks or bonds. They're a good way to spread your money around without having to pick each investment yourself. Think of them as a way to buy a piece of the whole market.

• Robo-Advisors: These are online platforms that use algorithms to build and manage a portfolio for you based on your goals and risk tolerance. They're often a good starting point for beginners.

• High-Interest Savings Accounts (HISAs): While not a high-growth investment, HISAs offer a safe place to park your money and earn a bit of interest, often more than a regular savings account. They're great for emergency funds or short-term savings goals.

• Bonds: These are essentially loans you make to governments or corporations. They're generally considered less risky than stocks and provide regular interest payments.

• Real Estate: Owning property can be a significant investment, offering potential rental income and appreciation over time. However, it requires a large upfront cost and ongoing management.

The key to successful investing in Canada often comes down to a few things: knowing your own financial situation, setting clear goals, and staying consistent. It's not about hitting a home run every time, but rather building a solid plan and sticking with it, even when the markets get a bit bumpy. Using tax-advantaged accounts like TFSAs and RRSPs can also make a big difference in how much your money grows over the long haul.

Remember, there's no one-size-fits-all answer. It's about finding the mix that feels right for you and your financial journey.

10. How to Invest Money in Canada

So, you're looking to put your money to work in Canada for 2025? It's a smart move, especially with things being a bit unpredictable lately. Investing isn't just for the super-rich; anyone can get started. The trick is figuring out what works for you. Your personal goals and how much risk you're comfortable with are the biggest things to consider.

There are a bunch of ways to invest here in Canada. Some are pretty straightforward, while others need a bit more attention. Think about what you want your money to do – is it for a down payment in a few years, or retirement way down the line? That'll steer you toward the right options.

Here are some common ways Canadians invest:

• Stocks: Buying shares in companies. You can pick individual companies you believe in, or go for broader market exposure through ETFs. This can offer good growth but comes with more ups and downs.

• Robo-Advisors: These are online platforms that use algorithms to build and manage a portfolio for you. They're great if you want a hands-off approach and are good for beginners.

• High-Interest Savings Accounts (HISAs): Not exactly investing for big growth, but they're super safe and offer a better interest rate than regular savings accounts. Good for emergency funds or short-term goals.

• Index Funds & ETFs: These are like baskets of investments. An index fund tracks a specific market index (like the TSX Composite), and ETFs are similar but trade like stocks. They offer diversification, which spreads out your risk.

• Bonds: Basically, you're lending money to a government or a company. They're generally considered safer than stocks and provide regular interest payments.

• Real Estate: Buying property can be a solid investment, but it usually requires a significant amount of money upfront.

• Micro-Investing Apps: These let you invest small amounts, often by rounding up your purchases. They make investing very accessible.

When you're starting out, it's often a good idea to use tax-advantaged accounts like a Tax-Free Savings Account (TFSA) or a Registered Retirement Savings Plan (RRSP). Any money you earn in these accounts is either tax-free or tax-deferred, which can really help your investments grow faster over time.

Don't feel like you need a ton of cash to begin. Many platforms let you start with just $100, or even less. The most important thing is to just get started and be consistent. Even small amounts add up over the years, especially when you factor in compounding. Do a little research, pick a method that feels right, and take that first step towards building your financial future.

Wrapping It Up

So, there you have it. Getting a handle on your money in Canada for 2025 doesn't have to be some big, scary thing. We've looked at a bunch of different magazines that can help you figure out what works best for you, whether you're just starting out or you've been investing for a while. Remember, the best plan is the one you'll actually stick with. Take what you've learned from these guides and start making small, smart moves. Your future self will thank you for it.

Frequently Asked Questions

What's the best way to invest for the long haul in Canada?

For growing your money over many years, stocks and ETFs are usually your best bet. They tend to give you better returns over time. Investing in a mix of different markets through index funds or ETFs can help balance growth with safety. Adding some bonds can also provide stability, making your money grow steadily while reducing big ups and downs.

Can I really get a 10% return on my money in Canada?

Getting a steady 10% return every year is tough. Historically, big stock markets like the S&P 500 have averaged around that over long periods. Some riskier options like peer-to-peer lending or crypto might promise high returns, but they also come with big risks. It's usually safer to focus on a variety of stocks for more reliable growth.

What's the safest way to invest money in Canada?

If you want to play it safe and avoid big risks, high-interest savings accounts and government bonds are good choices. They give you a set return that doesn't change much even if the market is shaky. These options are great for keeping your money secure.

How can I invest money without taking too much risk?

To invest with less risk, consider options like high-interest savings accounts or government bonds. These provide predictable returns and are backed by government guarantees or deposit insurance, making them very secure. While they might not offer huge growth, they protect your principal investment.

What's the difference between an ETF and a stock?

Think of a stock as owning a tiny piece of just one company. An ETF (Exchange Traded Fund), on the other hand, is like owning a small piece of many companies or bonds all at once. ETFs are often cheaper and spread out your risk automatically, making them a popular choice for many investors.

Should I use a robo-advisor to invest?

Robo-advisors are great if you want a simple, hands-off way to invest. They use technology to build and manage a diversified portfolio for you, often at a lower cost than a human advisor. They're a good option for beginners or anyone who prefers not to pick their own investments.