What about the First Home Savings Account?
The FHSA, or Tax-Free First Home Savings Account, is a relatively new type of tax-preferred account that the Canadian government introduced in Budget 2022 to
What about the First Home Savings Account?
The FHSA, or Tax-Free First Home Savings Account, is a relatively new type of tax-preferred account that the Canadian government introduced in Budget 2022 to
Patience is a virtue where returns are concerned
What is a reasonable expected return from your portfolio? It’s factored on a couple things: the amount of risk you are comfortable taking and the
From Hero to Zero: Non-Financial Retirement Planning
After the question “How much money will I need for my retirement?”, the next most common question I hear from clients is “What am I
Retirement income streams: Reconsidering annuities
As you navigate the labyrinth of retirement planning, the resurgence of annuities has sparked renewed interest among people seeking financial security in their golden years.
Can you benefit from income splitting?
With the introduction of the Tax on Split Income (TOSI) rules in 2018, the government effectively ended many of the methods that Canadians, in particular
Taxes – the only constant is change!
There are two changes to the Tax Act to be on the lookout for. The first relates to changes to the Alternative Minimum Tax (AMT)
Generally, in life, one wouldn’t want to take a loss. However, as an investor, sometimes taking a loss can carry benefits for your wealth in
Insurance: The secret tool affluent people use for wealth building
Insurance is often thought of as a necessary evil. This negative perception people have of the insurance industry often leads to it being overlooked—which is
Understanding mutual funds and ETFs
Alphabet soup There are so many acronyms and variables in investing and financial planning, it can be a challenge to keep it all straight. There
First home savings account: The best thing since sliced bread!
The FHSA, or Tax-Free First Home Savings Account, is a new type of tax-preferred account that the Canadian government introduced in Budget 2022 to partially
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