https://www.youtube.com/watch?v=pwkxcp9Hkqk Today’s housing market remains challenging, leaving many first-time home buyers hard-pressed to come up with a down payment. So, quite often, parents or grandparents want to help out. As of April 1, 2023, a new avenue has opened to help fund a down payment: the First-Home Savings Account (FHSA). Although you can’t contribute directly […]
https://www.youtube.com/watch?v=ltEuoPcV71w&t=1s Your son asks if you’ll be a co-signer so he and his wife can qualify for a mortgage. Or a friend who’s struggling financially wants to know if you’ll co-sign a car loan. If anyone asks you to co-sign a loan, it’s not a decision to take lightly. You would be obligated to make […]
Did you know Canadian youth rank among the top in the world for financial literacy? Every three years, the Programme for International Student Assessment (PISA) conducts a survey among 15-year-old students in 20 countries. In the most recent results, Canada tied for second place. One key finding of the survey is that students who talked […]
In case you missed our webinar on November 18, 2021, we hosted a one-hour financial education session. Highlights and where to find various topics are included below: Overview of financial accounts – 04:50 Refresher on RESP Accounts- 09:50 RRSPs vs TFSA- 19:34 Retirement Income-33:35 Insurance & Estate Planning- 42:50
In case you missed our webinar, we reviewed everything you need to know about Registered Education Savings Plans. This webinar is suitable for anyone considering opening up an RESP for the first time, anyone who already has an RESP account and for those who are about to or who have already started withdrawing from their […]
The world is full of surprises or unknowns, some of which we can anticipate, while others are harder to foresee. As part of their July Commentary, Alfred Lam, Senior Vice-President and Chief Investment Officer and Marchello Holditch, Vice-President and Portfolio Manager, CI Multi-Asset Management, take a look at the COVID-19 pandemic and the new set […]
