Although most people (78%) 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…

Many Canadians are exploring new vacation destinations this year; my brother just got back from Rome, somewhere he has dreamed of going for years. Traveling is about creating lifelong memories, experiencing adventure and connecting with family and friends. However, the…

If your child is planning on attending college or university next month, chances are you are thinking about redeeming money from your Registered Education Savings Plan (RESP). Although you don’t have to provide receipts; you will have to provide Proof…

My son received a letter from The Government of Canada inviting him to apply for the Canadian Dental Care Plan (CDCP); while I explained the program to him, I realized that many of you may have similar questions.  The Canadian…

Many grandparents, including my mother enjoyed gifting money to their grandkids on birthdays and/or special holidays. However, handing over an envelope of cash to the adult children isn’t always the best option. When asked, I suggest grandparents (or aunts/uncles) invest…

Uncertainty around U.S. tariffs continues, but fears of the most disruptive outcomes have eased as negotiations progress on new trade deals. For investors, this means increased market volatility and some temporary economic challenges, but not a severe economic downturn. Economic…

If you are unsure about what options are best when choosing your mortgage, you are not alone. Many people are confused when it comes to deciding between a Fixed Rate Mortgage and a Variable Rate Mortgage. Here are a few…

Protection from market downturns. When investing in segregated funds, your money is protected from long-term market downturns with the maturity and death benefit guarantees.  Segregated funds combine the growth potential of regular investment funds with the added protection against long-term losses…

As many of us come together with friends and family this holiday weekend to celebrate the incredible country we call home, here are some thoughtful tips to help foster more meaningful and enjoyable conversations.  Don’t Multi-task. Be present in the moment,…

It’s wedding season; and if you are tying the knot this summer, take some time to review your financial household, you may find some unexpected benefits. Employee Health Plan – If only one of you has an employee benefit plan you…