Should you file a tax return for a minor? We have been filing tax returns for Rachel and Leah since they started working (Rachel worked at McDonald’s and both worked…
Read More
Economic growth, inflation, earnings — defining the 2021 markets Did we just get a year’s worth of market movement in a quarter? If you think (insert any of the *below…
2021 Federal Budget April 19, 2021, Finance Minister Chrystia Freeland has released the 2021 federal budget which will amount to $354 billion. Increasing Old Age Security for Canadians 75 and…
Stock Market Update A year ago this week was one of the days when markets declined 12 to 13% in one day. The declines over a 5 week period in…
6 Lessons learned from settling my dad’s estate As we go through the process, I’ve been learning a few things along the way: Joint accounts are great. Mom and Dad…
Still Working? Maximum RRSP contribution: The maximum contribution for 2021 is $27,830; for 2020, it was $27,230. TFSA limit: In 2021, the annual limit is $6,000, for a total of…
Naming Your Beneficiary Question. With my RRSP, I don’t really know who to indicate as the beneficiary of the plan. Is it important to list one? Answer. Very! It’s a great idea…
Looking Ahead for Investments 2020 has been a very challenging and extraordinary year. As of Nov 25, there have been over 60 million people infected with the Coronavirus and over…
Elections and the Stock Market If you watch the news or follow social media at all, there is a ton of focus on the US election. Only 1 week to…
Imagine yourself at the beginning of the year, knowing an uncurable, easily transmitted and deadly virus will emerge that will shut down business, travel, even sporting events. Your daily routines…