The professionals at The Money Tree Financial Planning Inc. strive to bring growth and stability to your financial life.
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We are wrapping up World Pride month and Toronto is getting ready to host thousands of same-sex couples celebrating their march towards equality. The number of same-sex couples has doubled in Canada in the last ten years, making up almost…
As dads across the country celebrate Father’s Day this Sunday, they can relish in the fact their household value has once again increased. According to the annual Father’s Day Index released by Insure.com the value of fathers bumped up to…
It’s not the kind of question that comes up every day; so before you accept automatically you should know what will be expected of you. Although you may be flattered by the request, your willingness to be someone’s executor should…
As of January 1st this year The Office of the Superintendent of Financial Institutions (OSFI) implemented new rules increasing the minimum qualifying rate for uninsured mortgages. For those Canadians trying to qualify for a mortgage, the rules are more commonly…
Last weekend Harry and Meghan officially kicked off the 2018 wedding season; if you’re planning on doing the same this summer here are a few things to consider: Upon marriage your Will becomes null and void, so make sure…
Naturally investors would only like to see their portfolios continue to go up, but that is not reality, stock markets will always rise and fall; two steps forward, one step back. Why? The stock market is comprised of publicly…
The Financial Planners Standards Council commissioned a survey last month asking Canadians about their financial stresses; here’s what they said: More than eight-in-ten (83%) of Canadians said they have at least one financial regret; topping the list 25% said they…
Well, with April 30th 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 travel, shopping or dining, here are a…
In contrast to the relative market calm of 2017, volatility returned to equity markets in the first quarter of this year. Most global markets dropped sharply in early February, with some falling into correction territory (a decline of 10% or…
If you’re scrambling last minute to get your taxes done before the April 30th deadline, here are a few tips directly from Canada Revenue Agency (CRA); Do your taxes on-line. CRA has created a list of certified software packages and…