Currently, over 750,000 Canadians are suffering from Alzheimer’s or a similar condition that causes dementia and leads to mental incapacity. One-third of Canadians know someone who has Alzheimer’s, and the situation is only getting worse. According to the Alzheimer’s Society…
Dollar Cost Averaging
The market volatility over the last few months may have some investors wondering if they should pause their monthly contributions and wait until the markets improve. As many can attest, these ups and downs can wreak havoc on our emotions…
Tax-Free First Home Savings Account
Everything you need to know The new Tax-Free First Home Savings Account (FHSA) is finally coming to fusion and should be available to the public by the end of April 2023. This account can hold both cash savings and investments;…
Men Still Retire Wealthier than Women
As Women’s Month ends, we wanted to remind women why it is so important to save and invest well throughout their lifetime. A study published by the Retirement and Savings Institute at business school HEC Montréal, compared single men and…
Here are some charts to ease your mind!
If you have any questions about your portfolio please don’t hesitate to ask us. Have a great weekend! Tracey & Paige Source: Fidelity Investments Products or services related to investments, investment recommendations, financial planning, retirement planning, and investment reviews are…
Common Estate Planning Mistakes
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…
Safeguard Your Money
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…
Stormy Weather
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…
Understanding Your T-Slips
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…
RRSPs – Know the Facts
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…