Last week we celebrated Canada’s 153rd Birthday! As Canadians we are extremely lucky to live, work and eventually retire in one of the greatest countries in the world. Here are 10 reasons why: 1. Canada consistently ranks as one…
Common Estate Planning Mistakes
Although most people have no experience in managing an Estate, more than 80% of us choose a family member or close friend as our executor, according to a CIBC poll. While family and friends may be dependable, more often than…
RESPs FOR GENERATION C
Coronnials or Generation C, may be how the children either born or conceived during the Covid-19 pandemic might be described as in the future. The education system will probably look a lot different in 20 years with the explosion of…
10 Things to Do with Your Tax Refund
Well, with filing our taxes in the rear-view mirror, it’s time to turn our attention from receipts and filing compliance to what to do with our refunds. Understanding the urge to spend it on Amazon or Skip-the-Dishes, here are a…
Tax Deadline
Covid-19 has left many of us confused by the constant changing of our routines and schedules. Adapting to the ‘new normal’ has been challenging for most; despite the fact it is for the greater good. However, some things never change,…
Dollar Cost Averaging
The market volatility over the last couple of months may have some investors wondering if they should pause their monthly contributions until the economy improves, or at least until we are all back to work. As many investors know, these…
Ready To Stop Working?
If the last couple of months have done nothing else, they have given us time to re-evaluate our lives, our relationships and think about what we want our lives to look like once we get through this pandemic. For some,…
Accessing Your Locked-in Retirement Account Funds
If you have a Locked-in Retirement Account (LIRA) or Life Income Fund (LIF) and are experiencing financial difficulties due to the Covid-19 pandemic, you may be eligible to access some of the funds. Chances are if you left a previous…
Tax-Loss Selling
Tax-Loss Selling – Capital Gains and Losses With tax season in full swing, there are always lots of questions around different strategies that can help investors reduce their tax bill. Tax-loss selling is one of those strategies. What is it?…
Feeling Powerless During This Time
Taking Back Control Once we are through this pandemic and social distancing is behind us, people will be split into two main groups. The first group will have ‘couch-potatoed’ through is crisis in their pyjama bottoms, exhausted Netflix and likely…