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…
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Take advantage of the spousal-loan strategy
[pencilang en_US='by' fr_FR='par' /] Sylvain Lapointe[pencilang en_US='by' fr_FR='par' /] Sylvain LapointeThe 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,…
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What to do during a stock-market correction
[pencilang en_US='by' fr_FR='par' /] Sylvain Lapointe[pencilang en_US='by' fr_FR='par' /] Sylvain LapointeInvestors 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…
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Inflation vs. stock market returns
[pencilang en_US='by' fr_FR='par' /] Sylvain Lapointe[pencilang en_US='by' fr_FR='par' /] Sylvain LapointeCanada’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…
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InformationReal Estate
Comparing salary increases and property price escalation
[pencilang en_US='by' fr_FR='par' /] Sylvain Lapointe[pencilang en_US='by' fr_FR='par' /] Sylvain LapointeLately, 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…
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Do I have enough?
[pencilang en_US='by' fr_FR='par' /] Sylvain Lapointe[pencilang en_US='by' fr_FR='par' /] Sylvain LapointeI’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…
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