FHSA in Canada: Qualified investments and limitations Bill C-32, which included certain provisions of the 2022 federal budget, was passed into law on December 15, 2022. The bill included the introduction of the tax-free...
I’ve learned over the years that if you embarrass verbose people at dinner parties it usually doesn’t end well for anyone. So, I simply asked how he would know when the market bottoms out...
What investors can do to protect retirement savings If you’re retired, you’re approaching retirement or you’re still several years out but are planning your retirement finances, high inflation might be keeping you up at...
A target-date mutual fund or exchange-traded fund (ETF) is basically a one-stop shop for a retirement saving strategy. Canadian investors simply choose the year they would expect to stop working, then buy a target-date...
You will receive a T5, T3, or T5013 slip for the annual dividends and interest earned, regardless of whether you withdraw from the account. As a result, I am not sure that withdrawing from...
Wondering about who debt collectors might contact? We’ll walk you through what debt collectors can and can’t do when it comes to contacting people in your life. Can debt collectors contact your employer? Yes,...
Nothing gets people’s attention faster than paying higher prices for housing, gas and groceries. That’s what makes it such a tempting news story to keep reporting on. It also makes it almost impossible for...
Some estate lawyers may be more experienced with the intricacies of these types of trusts than others. Tax planning for a disability trust A trust you include in your will does not come into...
The contribution of rising mortgage interest costs are now adding more to the overall inflation rate than any point since 2008. In November, this item accounted for 0.45 percentage points to the headline inflation...
4. The markets’ response: down and up As it became clear the central banks were committed to slowing the economy with rate hikes, the markets started their descent. We hit the bottom towards the...