Highlights from the Ontario Budget Minister of Finance Peter Bethlenfalvy tabled the 2024/25 Ontario provincial budget on March 26, 2024. Ontario continues to face economic challenges and elevated uncertainty. The outcomes of persistently high interest rates and inflation continue to be unclear. Ontario’s economy, however, has demonstrated continued resiliency in light of ongoing economic pressures. […]
In the realm of personal finance, cash flow is a term that often surfaces, yet its significance remains underappreciated by many. At its core, cash flow is about understanding how your money moves – where it comes from and where it goes. In this digital age, where transactions are swift and often out of sight, […]
In the realm of financial planning, time is not just a factor—it’s a pivotal player. Like most Canadians, you’ve made astute financial decisions and made a commitment to your future financial goals. Yet, in this journey, there’s a silent tide that often goes unnoticed: the impact of waiting to invest. This article peels back the […]
When looking at your financial health, net worth isn’t just a term—it’s a compass guiding you towards wealth optimization. It is more than mere numbers on a balance sheet, it represents a strategic tool to make informed financial decisions. This comprehensive exploration of net worth is not about simplistic arithmetic; it’s about understanding a concept […]
Recently, a British Columbia resident discovered they had unknowingly been paying another person’s cell phone bill for five years. That’s the sort of false charge that could have been caught and stopped immediately by regularly monitoring transactions. How false charges occur False charges can arise in numerous ways. The bank or credit card company may […]
By our sub-advisors, Munro Partners They manage both a U.S. equity mandate and a global mandate for our program. They are based in Australia and are known as growth investors. The sun is shining again We understand it’s difficult to be optimistic when global economies are slowing, geopolitics are continuously challenging, and many are struggling […]
After the holiday season rally, the forecast was for a performance hangover in January, but it ended up being “steady as she goes” for investors. Here’s a summary of the main events that steered the markets. Monthly market developments Despite dipping at the end January after the Fed signaled rate cuts aren’t imminent, U.S., Canadian […]
https://youtu.be/aFtpeYdEoYc When you raise a child or help support a dependent family member, you’re sure to face extra costs. Here are some common family and caregiving situations and associated benefits from the federal government that can help you meet your financial needs. Expecting a child, having a newborn or adopting a child. Maternity benefits can […]
https://youtu.be/nQxSbuhGYqk According to Statistics Canada, the number of Canadians living alone has reached a record high. In fact, the one-person household is the most common household type. Financial life is different for singles compared to families or couples without children. Here are some of the ways singles can plan for those differences. Creating a safety […]
There’s a myth that surfaces every once in a while. It suggests a Registered Retirement Savings Plan (RRSP) isn’t worthwhile because of the tax on eventual withdrawals. The myth is based on comparing RRSPs and non-registered accounts only by the taxation of withdrawals. All RRSP or Registered Retirement Income Fund (RRIF) withdrawals are taxed as […]
