Q – I am trying to figure out how to reduce my income taxes, so that I can invest more in my RRSP. Is there anything I can do now to reduce my 2011 tax bill, or is it too late? – Lisa R., Virgil, Ontario A – There are a few ways that you might still be able to save...

Q – I have a financial advisor. How do I know that I am getting value for my money? – Robin H., Toronto, Ontario A – There’s no easy answer to this question. As advisors, we aim to provide a valuable service to individuals seeking to make sense of what can be a very...

Q – I am a procrastinator when it comes to contributing to my RRSPs. Every year, I make my contribution on the very last day. Do you have any tips so that I don’t find myself doing this again next year? – Lillian G., Winnipeg, Manitoba A – I urge my clients to make...

Q – I am looking for yield and have heard about REITs. How risky is this asset class? – Eileen T., Waterdown, Ontario A – Real Estate Investment Trusts, or REITs, are specially-structured trust securities that trade on stock exchanges like any other stock. REITs...