Michael Low of Raymond James

Saving money can be simple—and the Tax-Free Savings Account (TFSA) helps you maximize your savings without worries and taxes. Since its launch in 2009, it has become one of Canada's most versatile savings tools, allowing your money to grow and be withdrawn completely tax-free, no matter what you're saving for.

Tax-Free Savings Account (TFSA) at a Glance raymondjames.ca

The deadline for RRSP contributions for the 2025 tax year is Monday, March 2, 2026, which is the standard first 60 days of the new calendar year for deductions on the previous year's taxes. Any contributions made after this date will be applied to your 2026 tax return. If you have any questions, please let me know. Thank you.

Can Mark and Margaret, 45, semi-retire in their mid-50s and give each kid an early $250,000 inheritance? theglobeandmail.com

Buying your first home is a big milestone and saving for it can feel overwhelming. That's where the First Home Savings Account (FHSA) comes in. It's a government-registered account created to help Canadians take that exciting first step toward homeownership. It blends the best of both worlds—RRSP-style tax deductions when you contribute, and TFSA-like tax-free withdrawals when you're ready to buy—so your savings can go further, faster.

First Home Savings Account (FHSA) at a Glance raymondjames.ca

Written by a 90 year old!!
42 lessons life taught me
It is something we should all read at least once a week! Make sure you read to the end!
Written by Regina Brett, 90 years old, of the Plain Dealer, Cleveland, Ohio.
"To celebrate growing older, I once wrote the 42 lessons life taught me. It is the most requested column I've ever written. My odometer rolled over to 90 in August, so here is the column once more:
1. Life isn't fair, but it's still good.
2. When in doubt, just take the next small step.
3. Life is too short – enjoy it..
4. Your job won't take care of you when you are sick. Your friends and family will.
5. Pay off your credit cards every month.
6. You don't have to win every argument. Stay true to yourself.
7. Cry with someone. It's more healing than crying alone.
8. Save for retirement starting with your first pay check.
9. When it comes to chocolate, resistance is futile.
10. Make peace with your past so it won't screw up the present.
11. It's OK to let your children see you cry.
12. Don't compare your life to others. You have no idea what their journey is all about.
13. If a relationship has to be a secret, you shouldn't be in it...
14 Take a deep breath. It calms the mind.
15. Get rid of anything that isn't useful. Clutter weighs you down in many ways.
16. Whatever doesn't kill you really does make you stronger.
17. It's never too late to be happy. But it’s all up to you and no one else.
18. When it comes to going after what you love in life, don't take no for an answer.
19. Burn the candles, use the nice sheets, wear the fancy lingerie. Don't save it for a special occasion. Today is special.
20. Over prepare, then go with the flow.
21. Be eccentric now. Don't wait for old age to wear purple.
22. The most important s*x organ is the brain.
23. No one is in charge of your happiness but you.
24. Frame every so-called disaster with these words 'In five years, will this matter?'
25. Always choose life.
26. Forgive but don’t forget.
27. What other people think of you is none of your business.
28. Time heals almost everything. Give time time.
29. However good or bad a situation is, it will change.
30. Don't take yourself so seriously. No one else does..
31. Believe in miracles.
32. Don't audit life. Show up and make the most of it now.
33. Growing old beats the alternative -- dying young.
34. Your children get only one childhood.
35. All that truly matters in the end is that you loved.
36. Get outside every day. Miracles are waiting everywhere. (I love this one)
37. If we all threw our problems in a pile and saw everyone else's, we'd grab ours back.
38. Envy is a waste of time. Accept what you already have not what you need.
39. The best is yet to come...
40. No matter how you feel, get up, dress up and show up.
41. Yield.
42. Life isn't tied with a bow, but it's still a gift.

Elon Musk said he has to pay $11B in taxes this year, probably the highest tax bill ever by a single person!

Elon Musk just sold another billion dollars of Tesla shares, bringing his share sales total since November 8 to $10.9 billion markets.businessinsider.com

I would just add to point #4 that Location, Location, Location is the mantra that one needs to keep in mind.

Top 10 mistakes first-time home buyers make moneysense.ca

There are many different types of insurance - it's important to understand what coverage you are getting and the options available to you. This article covers two types. If you would like more information please let me know and I would be happy to review your needs with you.

Term vs. whole life insurance: Which type of policy is best? moneysense.ca

The Dow, NASDAQ and S&P 500 are now all in positive territory for the year.

Stocks Climb Higher; Seasonal COVID-19 Surge Poses Risk www.raymondjames.com

Spousal Investment Loans can help you and your spouse minimize taxes! Patrick Caffrey, CPA, CA, Senior Manager of Tax & Client Reporting at Raymond James Ltd.

Coffee Break - Patrick Caffrey, CPA, CA, Senior Manager of Tax & Client Reporting at Raymond James Ltd. - www.linkedin.com www.linkedin.com

Raymond James Chairman Emeritus Tom James shared a message with associates and advisors regarding how the firm's values drive our decision making in the current environment, and always.

Message from Tom James - www.raymondjames.ca www.raymondjames.ca