Blog Posts

Are you in your 30s or early 40s? You might be sitting on unused Tax-Free Savings Account (TFSA) contribution room! New data shows that many Canadians in this age group have significant potential for tax-sheltered growth. Discover how to make the most of your TFSA and secure your financial future in our latest article.

While reading my news this AM this article struck me and I thought it was interesting enough to share.....have a quick read!

We take the time to change the battery in the smoke alarm every 6 months, well some do – what about the battery in your financial plan? Some tips to think about to enhance your finances forward.

Having the hard conversations about money topics is important for all age groups, family communication early on can save a great deal of chaos and confusion later.

Fixed mortgage rates have been steadily decreasing in recent months, leaving many homeowners wondering if now is the opportune moment to secure a mortgage. With interest rates hitting record lows, it's crucial to evaluate whether locking in a fixed rate is the right move. In this blog post, we will delve into the current state of fixed mortgage rates, explore the factors influencing their decline, and provide insights to help you make an informed decision about your mortgage options.

This is an Interesting article on the importance of beneficiary designation on your RRIF - if you don't could be fully taxed to your estate.

The blending of families involves some important discussions when it comes to estate planning – clarity and understanding as to what the final wishes and distribution is to look like requires some professional help.

With the amount of potential inheritance being handed down in the next decade or so, it is important to have the discussions with spouse/family and your financial advisor.

The question as to when to trigger payments from government pension is a commonly asked and there are various answers depending on your financial situation. It is good financial planning to request an updated statement from CRA at least a few years before aged 60 so you have a gauge as to where you are to the maximum. Have a read and let’s discuss what makes sense for you.

We often hear the phrase “you can’t take it with you” – what does that really mean? A great book written by Sandra Foster outlines steps to effective estate planning titled “You can’t take it with you” – strongly recommend – this article highlights the first two “D’s” to get you thinking.