My parents are older, my mom sometimes reminds me of this and then, proceeds to tell me that they will probably be gone by the time I am a little older than she is now. Every time they go away…
Reducing Financial Stress
Despite rising grocery and gas prices, high inflation, and elevated housing costs, Canadians are prioritizing their financial health and are feeling more hopeful about their financial futures today than they did a year ago; according to the 2024 FP Canada…
Capital Gains Inclusion Rate Increase
Since the increase in the Capital Gains inclusion rate in the recent Federal Budget we have had a lot of questions about Capital Gains on various investments, and how the increase will affect Canadian taxpayers. What is a capital gain…
Insuring the Cottage Properly
This weekend officially kicks off the start of cottage season. Many of us will be heading north to clean up and open the cabin for the 2024 season. Once you are finished cleaning out the cobwebs and putting the boat…
Financial Lessons Learned from my Mother
Mother’s Day is a special day dedicated to recognizing all the strong, independent, hardworking, and selfless women in our lives. Our mothers have helped shape us into the people we are today and taught us many valuable life lessons along…
10 Things to Do with Your Tax Refund
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…
The 2024 Federal Budget
Last week the Liberals delivered the 2024 Federal Budget, rather than provide you with a comprehensive review, we have selected a couple of significant changes we thought you would be most interested in. Capital Gains Inclusion Rate In simple terms,…
Are you still working from home?
During the pandemic, most Canadians had to transition from working at an office to their home. Now that things are “back to normal” a lot of those same Canadians are choosing to stay working from home. According to CRA, employees…
Avoiding the OAS Clawback through Income Splitting
As more boomers move into their 60s and think about retiring, the question of OAS clawbacks always comes into the conversation. The OAS program is an important component of many Canadians’ retirement income and includes the basic OAS pension, the…
5 Keys to Investing in 2024
What a difference a year makes! This time last year market pessimism was widespread. Many investors were preparing themselves for a recession as well as another down year for stocks. But just like history has shown, the economy and markets…