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…

March is fraud prevention month. The Canadian Anti-Fraud Centre reported that victims lost over 20 million dollars to fraudsters last year. Even more concerning is that only 1% of victims ever report the crime, meaning the estimated total losses could…

At the end of 2024, US unemployment was low, real wages were rising, corporate profits were strong and the US Federal Reserve (Fed) was lowering interest rates. Hopes for tax cuts and business-friendly deregulation captivated the world of business and…

Every March Canadians focus their attention on gathering their various T-Slips in preparation for filing their income tax returns. These little slips can cause a lot of confusion for investors; here is a quick overview of the most common T-slips…

With the March 3rd deadline only three days away; here are some important RRSP facts:  To see how much you can contribute to your RRSP for 2024, refer to your Notice of Assessment, which can be found with your last…

If you are one of the lucky ones who are escaping this cold and snowy winter and traveling to a sunny, warm destination, remember to include travel medical insurance in your planning process. Our provincial medical plans only cover a…

It is hard to believe we are only a few weeks from the March 3rd RRSP contribution deadline for 2024. A Registered Retirement Saving Plan (RRSP) is an investment account used to help Canadians pay less tax on their annual…

For investors fretting over Donald Trump’s unpredictability, it’s worth remembering that market volatility creates many buying opportunities. If a security a Portfolio Manager has been eyeing is too expensive, we may be just a Trump tweet away from them seizing…

You are not alone; at this time of year, I get a lot of questions around whether it’s better to invest in a Registered Retirement Savings plan (RRSP) or a Tax-Free Savings Account (TFSA). Hopefully, this will help you decide.…

President Donald Trump claims Canada has not done enough to control the flow of drugs and illegal immigrants into the U.S. As a result, Trump announced that he might impose a 25% tariff on goods imported from Canada as early…