As 2023 comes to a close, it is important to consider financial contribution deadlines, like the one within an RESP savings account. READ: University campus tours are in full swing. But even parents with RESPs lack an education financial plan – The Globe and Mail An RESP savings account is a key component in preparing […]
Maximizing Your Wealth Discover Tailored Investment Solutions for your Financial Goals
It’s important for you and your family to have a tailored wealth management solution in which you have the utmost confidence, to grow, protect, and enjoy your wealth. As your investable assets reach a pivotal threshold, an avenue emerges to construct a portfolio comprising individual securities. Our private investment counsel offering will create just that […]
Introducing – First Home Savings Account!
Rapidly rising home prices and higher interest rates have made it increasingly difficult for Canadians to save for a down payment on their first home. Effective April 1, 2023, the government of Canada officially approved the First Home Savings Account (FHSA) to help alleviate some of these difficulties, and financial institutions are working towards making […]
TFSA increase announcement
It’s official! The TFSA contribution limit for 2023 has officially increased to $6,500. This represents the first annual increase since 2019. This limit increase means that eligible Canadians will now have a cumulative lifetime TFSA contribution limit of up to $88,000. Take advantage of the ultimate tax-free investment vehicle in Canada! Contact us […]
2022 RRSP Contribution Deadline is March 1st!
RRSP’s are one of the single best long-term savings vehicles available to you. They boast big tax advantages by allowing you to deduct your contributions from your income and can generate a healthy tax return in the process! Don’t miss out on maximizing these advantages! Your annual RRSP contribution limit is 18% of your prior […]
When should you start collecting CPP?
Should you take CPP early or defer until you’re 70? Our CPP calculator shows your estimated monthly and total payout amounts so you know the best age to start collecting retirement benefits.
GICs are back in financial style!
It’s been over 15 years since GICs have paid a decent amount of interest. And now, with the Bank of Canada raising interest rates by 2.25% over the past 5 months, investing your money in a GIC is officially back in style. A Guaranteed Investment Certificate (GIC) pays a guaranteed rate of return by the […]
THE REAL ESTATE FUND A Great Way to Diversify
A cornerstone of good portfolio management is proper diversification. In simple terms: don’t put all your eggs in one basket! The Real Estate Fund owns 88 high-quality, income-producing Canadian properties valued at $3.8 billion. This real estate fund does not own individual residential real estate in the neighbourhoods we live in. It owns a diversified […]
2023 RRSP Season is Here!
RRSP’s are one of the single best long-term savings vehicles available to you. They boast big tax advantages by allowing you to deduct your contributions from your income and can generate a healthy tax return in the process! Don’t miss out on maximizing these advantages! Your annual RRSP contribution limit is 18% of your prior […]
Harness the power of a TFSA
A Tax Free Savings Account (TFSA) is a registered investment account that lets your earnings grow tax-free. Invest for any goal – from a new car, to a renovation, to supplementing your retirement income– and never pay tax on withdrawals. An excellent complement to an RRSP, a TFSA is an important part of every financial […]