Looking back over the year, 2025 brought considerable uncertainty but also demonstrated how resilient the global economy and financial markets can be. Current conditions suggest there may be further opportunity for growth as we move into 2026. Market outlook for…
How to Gift Money to Minor Children
Many grandparents enjoy gifting money to their grandkids on birthdays and/or special holidays. However, handing over an envelope of cash to your adult children isn’t always the best option. When asked, I suggest grandparents (or aunts/uncles) invest the money directly…
Avoid Debt this Holiday Season
It’s Black Friday; the official start to the Christmas shopping season, here are some useful strategies so you don’t end up with a nasty credit card bill in January; Set a Budget. Without a plan or budget, most people will over…
Year-End Tax Tips
It is hard to believe there are only weeks left in 2025. As the end of the year fast approaches, like me you are probably looking forward to enjoying the upcoming festive season. However, along with your holiday shopping, here…
What is a Reverse Mortgage?
A reverse mortgage allows Canadians over the age of 55 to retrieve some of the money they have invested in their home without selling it. There are a few ways you can access this cash; you can receive a lump…
Federal Budget Highlights
Earlier this week the Minister of Finance tabled the 2025 Federal Budget. Here are some highlights that I thought you would be most interest in. Personal Support Workers Tax Credit A temporary refundable credit is available for eligible personal support…
Prepare for a Critical Illness
Becoming critically ill is something none of us want to think about; but we all know families whose lives have been dramatically affected by chronic disease. In fact, 1 in 3 Canadians currently live with a chronic disease; 1 in…
When do you need a Power of Attorney?
There are several situations where you would want to have a Power of Attorney (POA) in place in the event something was to happen to you. For example, someone in the military who is being deployed overseas may want to…
How to Cope Financially with a Critical Illness
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 are…
Insuring the Cottage Properly
Thanksgiving is bittersweet long weekend for many cottage owners as it signifies the end of the summer season. After enjoying their turkey dinner, cottagers will be pulling out the dock, draining the water, and storing away the deck furniture. Once…