07/24/2024
Clear proof that the current govn't is clueless about how many people, i.e. small business this decision will affect.
Quirk in capital gains rules raises risks for incorporated clients | Advisor.ca
A company could face 60% tax on unintentional payout of excess amounts from its capital dividend account
05/07/2024
E-transfers are pretty safe but they can be used to propagate a scam. Below are some tips to be aware of.
“Can I get scammed through an e-transfer?”—and other questions about protecting yourself from fraud - MoneySense
Receive a sus text? Does an email look off? Is a family member asking for money? Why is the CRA threatening the police and Canada Post wanting you to log in? It just might be a scam.
09/15/2023
Visualized: How Long Does it Take to Double Your Money?
Since 1949, the S&P 500 has doubled in value 10 times. We show how long it takes to double your money across a range of annualized returns.
04/05/2023
While I spend most of my time managing investment assets, most clients forget the insurance is a huge part of a complete financial plan. I have been using insurance longer than I have managed investments to help clients and sometimes it helps to return to the basics. The article below is an excellent resource for what insurance can do.
The best life insurance in Canada for 2023: Your complete guide - MoneySense
What is life insurance? Do you need it and, if so, what kind? How much will it cost? Find out with our guide to the best life insurance in Canada.
04/05/2023
Interesting note on US banks. Amongst all the media turmoil, here are some interesting facts.
Ranked: The U.S. Banks With the Most Uninsured Deposits
Uninsured deposits in the U.S. total at least $7 trillion. We show the top 30 banks with the highest level of these deposits.
11/15/2021
For anyone wanting to get ahead of tax season. This article will give you a basic idea what your tax bracket will be.
We break down the tax brackets in Canada for 2021 (and provinces, too) based on annual income - MoneySense
To help you prepare for tax season, our charts break down the different tax brackets in Canada based on your annual income.
06/01/2021
If you weren't aware, the new mortgage rules kicked in today. If you or someone in your family are looking for a new or newer home in the active market, the information below might be of interest.
What home buyers should know about the Canadian mortgage stress test | MoneySense
The borrowing guidelines for mortgages are changing as of June 1, 2021. Here’s how the new mortgage stress test rules will affect you.
03/23/2021
An excellent side my side comparison for home insurance. Which is better, creditor insurance through the lender, or personally owned life Insurance.
Life insurance vs. mortgage insurance: Let’s break it down | MoneySense
Usually it’s a choice between term life insurance and whole life insurance. But where does mortgage insurance come into play? We talked to an expert to find out when it’s needed.
12/13/2020
It is that time of year for some. If you are prone to charitable giving during the Christmas Season, here are some of the best charities to get the most bang for the dollar you contribute. If you don't support one of these, there are also ways to determine how your charity is spending your money. Merry Christmas in a difficult Holiday season.
Strategies for smarter charitable giving | MoneySense
The research director of Charity Intelligence shares how to assess which organizations will create maximum impact with the money you give.
12/06/2020
Every little idea can help, even though a lot of you have already purchased a lot of your gifts months ago.
Smart holiday spending | MoneySense
Can you be festive without going into debt? With these money saving tips you can.
12/01/2020
They are out there every year, Here are this years bunch of scams.
Don't be a fraud victim—the top 3 COVID scams to avoid | MoneySense
Don't be a victim for a CERB scam, CRA fraud or something else. Fraudsters have stolen more than $37 million from Canadians this year.
11/08/2020
In week two of financial literacy month, it’s important to realize how important debt repayment is a part of your financial plan.
When to prioritize debt repayment over saving
Lindsay needs to run the numbers to find out how much money she has to put towards debt repayment or investments. Here's how to use the priority pyramid.