January 2020 Market Summary Top Themes Consumer debt in Canada and US: – 50% of Canadians $200 away from financial insolvency – average Canadian owes $1.72 for every dollar earned – Canadians owe $2.16 Trillion – highest debt load of G7 – 5.54% of consumers were 90 or more days past due on at least […]
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The reasons you should, shouldn’t and the cost.
Why you should incorporate your small business? Limited liability (except personal guarantees and director liabilities) If you are a sole proprietor, all of the risks of the business are also your own personal risks. If the business gets sued, you get sued – All of your personal assets are at risk. A corporation is the […]
RRSP Season is here!
Don’t miss out! The March 1st deadline is fast approaching! A Registered Retirement Savings plan is an important part of smart financial planning. Not only do RRSP contributions help you plan for your future, they also reduce how much you have to pay in income tax. Your annual RRSP contribution limit is 18% of the […]
Your December 2019 Market Summary
December 2019 Market Summary • Growth in markets: TSX up 0.45%, S&P 500 up 0.58%, MSCI International Index up 0.80% in December • Market’s new highs in December: – TSX: 17,180 on Dec 24 – S&P 500: 3,247 on Dec 27 – Dow: 28,701 on Dec 27 • Stocks up in December due to: – […]
CAPCORP is hiring and acquiring!
What a year it was. With a lot of hard work and great support from our clients and partners, we were very fortunate to have our most successful year in 2019. For the past 4 decades CAPCORP has built its reputation by providing clients with trusted advice and market-leading solutions in Employee Benefits, Financial Planning […]
CAPCORP Fill the Foyer 2019 in full swing!
Over the past 8 seasons we have enjoyed working with our friends, clients and colleagues to fill our foyer with food for The Ottawa Foodbank! Last year with your support “Fill the Foyer” collected and donated over 4000 food items and over $29,000! CAPCORP is committed to donating $1 for every food item donated and […]
Private Health Insurance: An affordable and valuable part of your financial plan.
Written by: Matthew Chiang Certified Financial Planner CAPCORP Financial Are you self-employed with no medical coverage? Have you recently retired and been left without medical coverage? Changed employers and haven’t been offered a benefits plan? No one plans to get sick or have an accident. If this happens to you or a family member and […]
Is your Group Benefits plan leaving you open to a large liability?
Written by: Alex Sernoskie Employee Benefits Analyst CAPCORP Financial Group Benefits plans can be a large financial commitment, they shouldn’t also leave you open to a large liability. If you have someone on your plan that isn’t eligible then you can be exposed to a heavy liability. The only people that are allowed to be […]
How to determine your “Number” for retirement
Written by: Brian Hay Investment Specialist & Financial Advisor CAPCORP Financial I’ve had some interesting financial planning meetings over the years; each one different and memorable. I often think back to one meeting, where my client was trying to determine that magic “number” that would lead to a comfortable and secure retirement. Let’s call this […]