Every year Fidelity Investments Canada completes a study on retirement trends; the 2023 report is called The Advantage of Advance Planning for Canadians Amid Inflation and Uncertainty. Here are the key takeaways from this study: The spike in inflation over the…
Important Tax Numbers-Revised for 2023
I first provided these numbers in 2019, recently someone requested an update, here you go. Working Canadians: RRSP Contribution Limit: The maximum contribution limit for 2022 was $29,210, this year it’s $30,780. TFSA Limit: The annual contribution limit for 2023 remains at…
Estate Planning for Millennials
My parents are older, my mom sometimes reminds me of this and then, proceeds to tell me that they will probably be gone by the time I am a little older than she is now. Every time they go away…
AI and the Financial Industry
Artificial intelligence (AI) is all over the news these days and is described as a tool that will make our lives easier. As it trickles into many industries around the world, the financial industry is no exception. In a Bloomberg…