Earlier this month the federal government tabled its 2022 Budget. After massive spending on combating Covid-19 and its economic fall out, this year’s budget focuses on increased spending on healthcare, national defence, climate measures and housing. Notably, there were no…
The Basics of Bitcoin
A lot of people are curious about bitcoin, and since I am not an expert on the topic, I have copied this article from Fidelity.ca. I hope you find it as interesting and educational as I did. What is…
1st Quarter Market Update 
U.S., Canadian and global equities ended Q1 positively, posting gains in March, but for the overall quarter, markets were mixed. Geopolitical tensions, rising oil prices, high inflation, supply chain disruptions and central bank policy weighed on the S&P 500 Index,…
10 Things to know when filing your tax return this year
The Deadline The normal tax-filing deadline for Canadians is April 30th, but this year April 30th falls on a Saturday, therefore you have until May 2nd to file your tax return. If you or your spouse/partner had self-employment income in 2021,…
Understanding Your T-Slips
Every March Canadians focus their attention on gathering their various T-Slips in preparation for filing their income tax returns. These little slips cause a lot of confusion for investors; here is a quick overview of the most common T-slips investors…
Uncertainty = Volatility
Global markets have been volatile so far this year, increasing last week following Russia’s invasion of Ukraine, initially selling off deeply, only to rebound by the end of the day. While most people’s concern lies with the human toll in…
RRSP or TFSA?
With less than a month before the March 1st deadline to invest in an RRSP for the 2021 tax year; many people still wonder whether they should be investing their savings into an RRSP or TFSA? In a perfect world,…
Interest Rates & Inflation = Market Jitters
After the U.S, Canadian and global equity markets achieved a record-breaking year in 2021, markets have become jittery over talks of inflation and interest rate hikes. U.S. inflation has climbed to 7%, its highest level in 40 years. The Fed…
Tis the Season – RRSPs 101
A Registered Retirement Savings Plan (RRSP) is not an investment in itself; but rather an account that you hold investments within. An RRSP is not tax-free, it is a savings plan that allows you to put off paying tax on…
Year-End Tax Tips
As the end of the year quickly approaches, like me you are probably looking forward to enjoying the upcoming festive season. However, along with your last-minute shopping, here are some time-sensitive tips that will need action before the end of…