https://youtu.be/AGK9Rs4Aqqk Introduction: The quiet problem most people don’t see Here’s a slightly uncomfortable truth: a lot of Canadians are doing “everything right” financially and still leaking wealth. They earn well. They invest consistently. They avoid obvious money mistakes. Yet a big chunk of what they build never really becomes theirs to keep. It drifts away […]
https://youtu.be/xOnjWTvKbyY Setting the Stage: Why Year‑End Planning Actually Matters Every December, millions of Canadians are busy wrapping gifts, not their tax returns. But here’s the thing—what you do before the clock strikes midnight on December 31 can have a direct impact on the amount you owe next spring. Taxes don’t wait, and the opportunities that […]
It’s an age-old question. If you have surplus cash flow or receive a lump sum, such as a tax refund or annual bonus, are you better off making extra mortgage payments or investing the money? Generally, if you expect your portfolio’s rate of return to be greater than your mortgage’s interest rate, investing may […]
Choosing an executor (liquidator in Quebec) to appoint in your will is an important estate planning decision. Many people instinctively appoint their spouse, siblings or adult children. This may seem logical, but appointing a family member is not always the best option. While some view being named as executor as an honor or a sign […]
Millennials may have multiple financial goals, which means saving enough and figuring out how much to dedicate to each need. Imagine an individual or couple who are making large mortgage payments, contributing to their young child’s Registered Education Savings Plan (RESP), paying off their car loan, building an emergency fund, contributing to their Registered Retirement […]
In recent years, there’s been a lot of talk in the tax and trust community about new trust reporting rules in Canada. Starting with the 2023 tax year, most trusts have been required to provide detailed information to the CRA. This includes disclosing names, addresses, dates of birth, jurisdictions of residence, and taxpayer identification numbers […]
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! We Can Help We work with business […]
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 […]
Interestingly, spouses with very different—even opposite—investment personalities may quite easily develop an investment program that’s just right for the couple. Yet, in some cases, partners who view investing the same way may need to proceed with caution. Approaches for differing views Take the case of a conservative investor and an aggressive investor who share a […]
The day may come when your parents find it more difficult to take care of their financial matters. Your help can make a difference, whether it’s in the form of your time, advice or financial assistance. Not all parents are comfortable sharing their financial life with their children, but your efforts in getting them to […]
