blog search



Taking the gain from a cottage

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...


New baby, new budget

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...


Will pooling their money make couples happier?

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...


Financial advice: Are you getting value for money?

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...


How to soften back-to-the-office sticker shock

Tips for saving money when heading back to the office More employees who have been working from home these past two years are now heading towards giving up their casual wear, donning some business basics, and getting back to the office. But the new environment can...


Personal planning strategies for rising rates

The impact on savers and borrowers Inflation has been pushing the prices of everything up – not just in Canada but around the world. Canadian inflation rose to an annual 5.7% rate in February. After a year of insisting that this spike in inflation was “transitory,”...


Cut your tax with credits and deductions

Use every tax break you’re entitled to! Tax-filing season is upon us again. The deadline to file your 2021 tax return is April 30. But because that’s a Saturday, the Canada Revenue Agency (CRA) considers your return to be filed on time if they receive it on or...


How to avoid investment scams

Stop the bad guys in their tracks with these tips Investment frauds and scams have ballooned during the pandemic as do-it-yourself investors, staying at home, had more time on their hands to get into trouble. The Canadian Anti-Fraud Centre (CAFC) reports that...


How to cope with market volatility

Markets may fluctuate, but solid investment principles abide The Russian invasion of Ukraine has had predictable effects on financial and commodity markets. In addition to increasing market volatility, the big U.S. stock indexes are well down from their 52 week...


Emergency income replacement

Disability insurance can save you from financial ruin A sudden disability – from accident or illness – could ruin your family financially. Depleting your savings, cashing in investments, or selling your home can be the result of huge disability and rehab costs not...


Alternatives to ‘high yield’ savings accounts

No need to settle for nothing You may as well face facts: You can’t “save” a million dollars. A recent survey of the market showed that the highest rate paid in a standard, plain-vanilla high interest deposit savings account (the kind that most banks and large...


Money talk tips for couples

Important to be open and honest about financial matters Couples in a serious romantic relationship really don’t want to talk about money. And it’s probably not quite the suitable topic when you’re dating early in a relationship. But when things get more serious,...

Pin It on Pinterest