Not sure if you are financially stable enough to retire? If you can check off most of the following items chances are you’re ready. Your home is paid for. Most people live on a reduced fixed-income during retirement, so…
2019 Budget Highlights
Earlier this week the federal government tabled its budget; here are a few highlights: Home Buyers Plan (HBP) – Currently the HBP allows first-time homebuyers to withdraw $25000 tax free from their RRSP to purchase or build a home. The…
File Your Tax Return Early
One of my favourite saying is: If it wasn’t for the last minute some things would never get done. Many Canadians obviously feel the same way about filing their tax returns, often leaving it to a last minute just before…
Traveling this March Break?
If you are one of the lucky ones who will be escaping this crazy winter and traveling south to a sunny warm destination; remember to include travel medical insurance as part of your planning process. Our provincial medical plans only…
Decision Day – RRSP or TFSA?
Midnight tonight (Friday March 1st) is the deadline to invest in your RRSP to receive a tax deduction for your 2018 tax return. Many people are still confused as to where to invest their savings; an RRSP or TFSA? In…