In the News
Advisors should focus on helping clients find an equilibrium, says Alim Dhanji, senior financial planner at Assante Financial Management Ltd. in Vancouver.
Some experts say the often-cited figure is no longer reliable.
Investors are told throughout the course of their lives to spend less and save more if they want a comfortable retirement. For some, those frugal habits can be hard to break once they stop working – even if they’ve saved more than they could hope to spend for the rest of their lives.
The average price of a cottage in Ontario leapt to new heights after the COVID-19 pandemic began. With everyone cooped up inside and eager for a getaway, demand rose for recreational properties accessible from Toronto.
The consequences of taxes and beneficiary designations on registered accounts like RRIFs can be confusing—and sometimes this confusion results in estate goals not being carried out as intended.
If you are a parent to a young child and wonder whether you should start planning and saving for their education, you might be curious about a Registered Education Savings Plan (RESP) account. An RESP is an investment account that allows you to save for a child’s post-secondary education. This tax-sheltered account will enable you to save money without paying tax on capital gains, interest or dividend payments.
A surprising side effect of the pandemic is the largest cash hoard in history. Here’s what Canada’s suddenly prolific savers should do with all that money.
The threat of a higher capital gains tax rate is resurfacing in conversations between financial advisors and their clients as Ottawa looks for ways to pay down a soaring deficit amid billions in spending on pandemic-relief measures.
Months of pandemic-forced confinement have us yearning for more space. With rising home prices making it harder to buy a new home, Canadians are looking to optimize their existing space, by undertaking costly home renovation projects.