DPSPs, Group RRSPs, and IPPs In today’s highly competitive labour market, employers have been upping their game to attract and keep the best talent. Offering lucrative group benefits for employees and premium pension benefits for executives as part of an enhanced...
Rules for RESP withdrawals Those with kids going on to post-secondary education next month may be in for a case of sticker shock. In Canada, an average four-year program will cost about $70,000 including tuition, books, board and lodging, and living expenses. It’s...
Rates are rising, and consumers are feeling the pinch, everywhere from the supermarket to buying a new house. Robyn recently joined hosts Melissa Grelo, Cynthia Loyst, Lainey Lui on CTV’s The Social with some practical financial tips for dealing with rate-hike...
How to navigate a real estate market in transition Unless you’ve been away on a very long vacation for the past seven months, you know that inflation has been raging and interest rates have been steadily climbing. There have always been direct consequences of that...
Before you do, ask the right questions North America’s stock markets are at or approaching bear market territory – that is, where their stock indexes have lost 20% or more from recent highs and have not quickly bounced back. Only Toronto’s S&P/TSX...
It can be hard to think of tracking your spending, saving for a rainy day, and cutting debt when prices are soaring and you have even less money to save, but you will thank yourself later. Robyn is featured in this Chatelaine magazine article on five never-fail...
Practical strategies for real-world challenges Freshly-minted grads get all kinds of advice, from the stock commencement speeches to well-meaning words of wisdom from relatives, friends, and parents, all of whom have “been-there-done-that.” Some of it is actually...
Practical financial and investment strategies Recessions are generally defined by economists as two consecutive quarters of declining gross domestic product. Put that way, it sounds dry and academic and with no real impact on the real world. In truth, recessions...
Reduce the CRA’s tax take With the price of recreational real estate soaring in the past couple of years, especially in high-demand areas, many long-time vacation property owners are seriously thinking about selling the property, especially if they are close to or...
Six budgeting essentials for bringing up baby For new parents, one thing’s for certain with the arrival of that new little person – your household budget will change drastically. And many will find the transition something of a challenge. But there are...
Separate investments can work against each other if one spouse likes to take bigger financial risks and puts long-term retirement savings in jeopardy. In this Globe and Mail feature, Robyn Thompson has some advice for couples on pooling resources while maintaining...
What to look for in an advisor The wealth advisory landscape has changed over the past few years. Registered advisors need to be a lot more transparent about the fees and services they offer. By the same token, wealth management clients’ attention has become more...