How to Green your RRSP / TFSA
Investing comes with risk. This article is a general discussion of the merits and risks associated with these ETFs, not a specific recommendation. Speak to an investment professional and make sure your portfolio is diversified. Tim Nash owns shares of PZD and EVX. Tim does not own shares of the other ETFs or companies mentioned in this article.
For Canadians who made the RRSP deadline this year, the question now becomes "How should I invest my rebate?"
Here are 3 smart strategies that are both RRSP and TFSA eligible to enhance your portfolio and invest in companies that are good for the environment:
Oil Sands v. Cleantech
Investing comes with risk. This article is a general discussion of the merits and risks associated with these ETFs, not a specific recommendation. Speak to an investment professional and make sure your portfolio is diversified. Tim Nash owns shares of PZD. Tim does not own shares of the other ETF mentioned in this article.
An article in today’s Globe & Mail describes the recent woes of oil sands investors. High labour costs, regional markets, and pipeline protests are all spelling trouble for companies that have been expanding at rates that are hardly sustainable (by any definition of the word). And the article doesn’t even mention China’s new carbon tax that could change the geopolitical game on climate change.
Canadian Impact Investment Matrix
Original SocialFinance.ca link: http://socialfinance.ca/blog/post/canadian-impact-investment-matrix
As foundations, endowments, and pensions seek out alternative investment strategies to diversify and strengthen their portfolio, many are beginning to align their portfolio with their core values. Unfortunately, many investors don’t know where to start. With over one hundred investment vehicles available to Canadian investors, the following Matrix is an attempt to map out the landscape of investments that achieve both a financial return anda positive social or environmental impact. The Matrix was built by Strategic Sustainable Investments for Community Foundations of Canada in advance of CFC’s day-long workshop with the Canadian Environmental Grantmakers Network and Philanthropic Foundations Canada on May 11th.