Meeting the salary requirement for CEBA

Robyn Thompson is featured on BNN’s “Ask the Expert” feature on The Open, discussing the salary requirements for small business owners to apply for interest-free loans under the Canada Emergency Business Account (CEBA).

Financial implications of eldercare at home

Robyn Thompson is featured on Citytv’s Breakfast Television with Devo, discussing the financial implications of bringing an elderly parent home from a long-term care residence during the COVID-19 pandemic. What you need to know before making the move.

Retiring now? How to avoid pandemic panic

Coping with withdrawal risks and benefiting from RRIF rule changes

The onset of the COVID-19 pandemic has thrown many retirement plans into disarray. The collapse of the stock market in March, volatility in bond prices, the crash of energy markets, and the shutdown of virtually all economic activity naturally is causing a great deal of anxiety for those who were planning for retirement this year. But even now, there are financial strategies for pre-retirees and those in the early phases of retirement that can help protect your nest-egg and secure your income streams.

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Retirement planning during the pandemic

Robyn Thompson is featured in BNN’s “The Open” with host John Erlichman, discussing how retirement planning is affected by the COVID-19 pandemic and what retirees (and those ready to retire) can do to protect their nest-egg and secure their income streams into the future.

How to apply for Canada’s emergency financial benefits

Federal government’s CERB program up and running

Effective April 6, the federal government’s Canada Emergency Response Benefit (CERB) provides eligible employed and self-employed Canadians whose employment has been affected by the COVID-19 pandemic a defined amount of financial support. The benefit provides $500 a week for a four-week period ($2,000) for up to 16 weeks.

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Steps to successful estate planning

Peace of mind in the pandemic year

Financial planning is all about preparing for the future. That covers a lot of ground, of course, from retirement planning to estate planning. Even in the best of times, it’s prudent to have a solid estate plan in place, so that your estate doesn’t end up in the hands of the government and the courts to divvy up your assets. That never ends happily. So with heightened awareness now about the health risks associated with the potentially deadly COVID-19 virus, it makes sense to make a plan to ensure peace of mind for you and your family. Take a look at what elements of estate planning you have in place, and what you might need to re-visit or set up from scratch.
So here are a few key items to consider when thinking about an estate plan.

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Safety last

Why the urgent need for “safety” can lead investors astray

These days, we’re reading a lot about the “flight to safety” in markets and investments. It’s understandable, of course, as the COVID-19 virus pandemic spreads fear and panic through global financial markets as a nasty side effect. But is that flight to safety the right thing to do right now?

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Outsmarting the COVID-19 financial panic

Robyn Thompson is featured in CTV’s “Your Morning” with Anne-Marie Mediwake, discussing how to handle your investments and personal finances in the wake of the COVID-19 pandemic scare.
With stock markets now into bear market territory, a global recession looming, and mob-mentality behavior prevailing in both supermarkets and stock markets, Robyn has some timely advice for investors on how to stay calm, weather the market turmoil, and even profit from new opportunities.
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How to overcome the market fear factor

Stock market rout not the time for wholesale portfolio changes

The rapid spread of the Covid-19 virus (also known as the coronavirus), has hit global markets hard over the past few weeks as investors worry about the impact of the spreading contagion on global trade and corporate earnings. Stock market indexes have plunged well into correction territory (down more than 10% from recent highs), crude oil has dropped to levels last seen in 2017, global growth appears to be slowing, and with a possible recession looming, central banks are cutting interest rate cuts.

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