Every three minutes Cancer picks a fight with another Canadian. Becoming critically ill is something none of us want to think about; but we all know families whose lives have been dramatically affected by this terrible disease. Some of you…
Unlocking your Locked-in Retirement Account
Chances are if you left a previous employer and transferred your pension monies to another financial institution the money now sits in a Locked-in Retirement Account (LIRA). These accounts are very similar to your regular Registered Retirement Savings Plans (RRSP),…
Help Your Student Avoid Debt
Being accepted into university, college, or grad school is a major milestone in your child’s life. Before they head off to campus next month be sure to advise them on how to attend post-secondary without racking up debt. A…
Advice for the Surviving Spouse
More than 1.3 million women and almost 350,000 men become widowed in Canada every year. Losing a spouse unleashes a deluge of financial tasks that can be daunting, even if the survivor was actively involved in the financial matters…
Withdrawing Money from Your RESP
If your child just graduated from high school and is looking forward to attending post-secondary next month, chances are you will need to redeem money from your Registered Education Savings Plan (RESP). You will have to provide proof of enrollment…