Last week the Liberals delivered the 2024 Federal Budget, rather than provide you with a comprehensive review, we have selected a couple of significant changes we thought you would be most interested in. Capital Gains Inclusion Rate In simple terms,…
Are you still working from home?
During the pandemic, most Canadians had to transition from working at an office to their home. Now that things are “back to normal” a lot of those same Canadians are choosing to stay working from home. According to CRA, employees…
Avoiding the OAS Clawback through Income Splitting
As more boomers move into their 60s and think about retiring, the question of OAS clawbacks always comes into the conversation. The OAS program is an important component of many Canadians’ retirement income and includes the basic OAS pension, the…
5 Keys to Investing in 2024
What a difference a year makes! This time last year market pessimism was widespread. Many investors were preparing themselves for a recession as well as another down year for stocks. But just like history has shown, the economy and markets…
Men Still Retire Wealthier than Women
As Women’s Month ends, we wanted to remind women why it is so important to save and invest well throughout their lifetime. A new study published by the Retirement and Savings Institute at business school HEC Montréal, compared single men…