RRSP First Time Home Buyer’s Guide

Mohamed Konate

Mohamed Konate is a personal finance expert and blogger with years of experience in the Canadian financial industry. As a former financial services professional at major institutions, he developed a deep understanding of the financial challenges facing everyday Canadians. Passionate about helping others achieve financial success, Mohamed shares his insights and knowledge on this blog. He holds a Bachelor and a Master in Business Administration from universities in Quebec.

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Published by Mohamed Konate | Updated May 15, 2025

RRSP First Time Home Buyer’s Guide

Reading Time: 7 Min Are you planning to buy a home? Do you want to know how to make it possible? For many people, having their own home is a lifelong dream. However, the rising housing costs make it nearly impossible to do so.

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Published by Mohamed Konate | Updated May 15, 2025

What You Need to Know About Land Transfer Tax

Reading Time: 5 Min Perhaps you have been thinking about buying a new home and even have your eye on the one that you would like to buy. Before finalizing the process, take the time to know of the need to pay the land transfer tax.

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Published by Mohamed Konate | Updated Nov 24, 2023

What is the S&P/TSX Index?

Reading Time: 5 Min TSX Index Here at myratecompass.ca, we’re committed to providing our readers with information on a diverse array of financial topics. Recently, we’ve reviewed major players in the retail banking sector, how they’re structured, and the services they provide. We then transitioned into covering some of Canada’s most popular and most valuable credit card rewards… Continue reading

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Published by Mohamed Konate | Updated Nov 24, 2023

Management Expense Ratio(MER)

Reading Time: 2 Min What’s the Management Expense Ratio? The management expense ratio (MER) is a fee that investors are required to pay to their investment providers for overseeing their investments on an annual basis. In simpler terms, it’s the annual cost of investing in a mutual fund. For example, a MER is 2% which means that if… Continue reading

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Published by Mohamed Konate | Updated Nov 24, 2023

How to Invest in Real Estate in Canada

Reading Time: 6 Min When people first start thinking about real estate investment, their focus is on buying a home that will hopefully increase in value as time passes. However, the real estate market actually offers a lot of investment opportunities far past the value of your personal home. These opportunities are available for all budgets as well, so… Continue reading

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Published by Mohamed Konate | Updated Nov 24, 2023

BMO InvestorLine Review

Reading Time: 4 Min BMO, or the Bank of Montreal, is one of Canada’s Big Five heavy-hitting banks. Its online investing platform BMO InvestorLine Self-Directed is designed for people who understand investing and want a customized user experience. They are a trusted platform thanks to their overall reputation offering over 200 years of financial expertise. Here we look at… Continue reading

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