The Canadian Securities Administrators, an umbrella organization of provincial and territorial securities regulators, introduced a measure two years ago to help
Across the country, a vacation property may be known as a cottage, cabin, chalet or camp. One thing they all share is a looming tax liability.
When a vacation
Wealth planning doesn’t retire when you do—it just changes. Now financial life is largely about making the most of the wealth you’ve accumulated. You’ll be
A Registered Education Savings Plan (RESP) is widely acknowledged as the number one way to save for a child’s education. However, many Canadians use an RESP as
When retirement is on the horizon or you’re already retired, you may start to think about downsizing. Often, it’s a difficult decision that involves considering
The battle between slowing overall economic activity and stubborn inflation continues to rage in most geographies. Central banks in these regions have increased
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
When markets have been below their peak for some time, it’s helpful—psychologically and financially—to keep in mind that down markets have always been followed
The misdirect
Investors began the year with an extremely optimistic belief that an economic soft landing would be achieved in the U.S. with cooling inflation
As an individual, you can save tax by using credits, deductions, exemptions and registered investment accounts. As part of a couple or family, you have
Say that the holder of a Registered Retirement Savings Plan (RRSP) names their spouse as the beneficiary. Later, the couple divorces. The RRSP holder removes
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