This new registered plan would help first-time home buyers save $40,000 on a tax-free basis. Contributions are tax deductible (Like a Registered Retirement Savings Plan – RRSP), and withdrawals to…
The spousal-loan strategy involves splitting income between a spouse with a high marginal tax rate and a spouse with a lower income. As a result of our progressive tax system,…
Investors aren’t lacking for things to worry about at the moment, including Russia, inflation, the rate hike, the market downturn, the real estate market, the labour market, the pandemic, and…
Canada’s inflation rate has accelerated to its highest level in a decade. In October 2020, it remained at 4.7% for the year. We can see this with food and gas…
Lately, given the sharp rise in property prices, real estate has become a hot topic. It’s difficult to explain the reasons for this upward pressure on prices since one of…
I’ve been producing this financial letter since October 1998 and, to my astonishment, I’ve never dealt with retirement projection. What does the future have in store for me? When…