When it comes to estate planning, the goal is simple: to make sure your hard-earned wealth benefits your loved ones in the way you intend. However, the process can seem a bit overwhelming, especially with taxes, legal fees, and family dynamics coming into play. Let’s break it down and look at some straightforward strategies to […]
When it’s time to start using the money saved in a Registered Education Savings Plan (RESP) for your child’s education, there are a few smart strategies to minimize taxes—or even avoid them altogether. RESPs are great because they allow your savings to grow tax-free, and the government matches part of your contributions with Canada Education […]
https://youtu.be/IoTOFZ0v2ds Are you in a season in your life where you’re thinking– “I’m ready to grow my wealth.” “Have more financial security.” We collaborated with Charles Ayodele, Mortgage Broker at Mortgage Broker Finances by Charles Ayodele, to discuss everything about cutting down your taxes on mortgage interest payments!
Your successful career has led you to your 70s, a time when financial planning takes on renewed importance. Now is the perfect moment to review your retirement strategy, ensure your estate plans are in order, and make informed decisions about your financial future. We understand that financial planning can feel overwhelming, but we’re here to […]
Whether the amount is small or large, whether it applies to a couple of years or many, Canadians don’t like their Old Age Security (OAS) pension clawed back. The claw-back is officially known as the OAS pension recovery tax A taxpayer repays 15% of the amount by which their taxable income exceeds the threshold amount, […]
We invite you to attend our Wealth Matters webcast, providing timely investment and global market updates. This session will be hosted by Dr. Greg Wells, a health and high performance expert. He has dedicated his career to studying the science of human limits and developing practical strategies to help individuals and organizations perform at their […]
As parents, we all want to provide the best education possible for our children. However, with the rising cost of tuition fees and other educational expenses, planning for their future can be daunting. This is where a Registered Education Savings Plan (RESP) comes in as a game-changer. Not only does an RESP help you save […]
A wealth plan identifies your life goals and provides you with a personalized wealth management strategy to meet your financial milestones and achieve each objective. However, a wealth plan isn’t something you set and forget. Goals may change Over the years, your goals themselves will change—one will be reached, another may be modified and perhaps […]
Good credit is important whenever you need to borrow to accomplish your goals—say, to buy a car, start a new business or put a down-payment on a home. So, how can you keep your credit score with Canada’s credit bureaus (Equifax and TransUnion) healthy, so your loans get approved at the best possible rate? 1. […]
In the early months of 2020, the coronavirus outbreak led to a sudden market meltdown—only to be followed by a surprisingly quick recovery by the summer. Not long after, in 2022, equity markets around the world entered bear market territory. In 2023, the markets rallied. It’s no wonder that many investors today have volatility […]
