The Loonie Hour cover image

The Loonie Hour

Canadian Living Standards are Falling

Mar 15, 2024
Premiers demand pause in Carbon tax increase, US inflation rises, crypto bull market returns, Rich takes Bank of Canada helm
01:03:26

Podcast summary created with Snipd AI

Quick takeaways

  • Index investing in S&P 500 ETFs offers diversified exposure at low cost.
  • Canadian provinces demand pause on carbon tax increase due to living cost concerns.

Deep dives

Benefits of Index Investing

Index investing, exemplified by owning an entire index like the S&P 500, is praised for its long-term benefits. An example provided is BMO's S&P 500 index ETF, which tracks this well-recognized and popular index, offering exposure to market returns at a low cost with a management fee of just 0.08 percent. This ETF is highlighted as a convenient and diversified option for investors seeking exposure to the largest and most liquid public companies in the United States, effectively reducing single stock risk and saving time and effort.

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