Tax season is upon us and unfortunately that means paying any taxes that may be outstanding. Taxes should be carefully planned each year to ensure they do not become overwhelming, but what happens if you are faced with an unexpectedly large bill? Th...
The term “keeping up with the Joneses” has been used for years to describe the desire to match the lifestyle of the people around you. While this expression historically referred to neighbours and close friends; today keeping up with Joneses means ke...
Housing prices have been climbing quickly. This is especially true in major urban centres where most Canadians live. The rate of increase for the average sale price appears to be climbing faster than people are able to save.Some Canadians see the dre...
It happens to many Canadians every year – you don’t set aside enough time to get your paperwork together, and you file at the last minute, or in some isntances, even late. Here are 5 reasons as to why this could really hurt your financial plan, and e...
CRA has announced rule changes which could greatly impact investors; these changes in 2021 apply to CPP, TFSAs and RRSPs. Learn more at Yahoo Finance. CRA: 3 Huge TFSA, RRSP, and CPP Changes in 2021
Do you have questions about RRSPs and how they could benefit you? Here is a great article via SunLife with questions that you should consider as we enter 2021.
With this new world of pandemic schooling, the challenges of online vs. a safe COVID-19 learning environment make it hard to imagine what post-secondary school education will look like in the coming decade. But one thing that is almost certain is tha...
As a first-time homebuyer, you are probably on a tight budget; you need to make every dollar count. Yet many report confusion when told how much money to bring to their lawyer’s office to complete their home purchase; it’s often thousands more than t...
OSFI, Canada’s banking regulator, announced that it will begin to phase out special regulatory capital treatment of deferrals given improving economic conditions. These changes are effective immediately for mortgage payment deferrals granted by the B...
Preparing a will isn’t something that most of us would look forward to. But this doesn’t mean that you should avoid it — especially when you consider how little it costs to save a lot of potential headaches. A will clearly states your wishes and allo...
