If we could focus on a forecast without tariffs, it would probably be pretty good; declining inflation and interest rates, with corporate earnings broadening beyond the “Magnificent Seven” tech names that drove half the S&P growth number for the last two years. However, the new U.S. administration is already making clear it is committed to tariffs as a key trade policy tool.
The main purpose of the RESP is to help families save for a child’s post-secondary education. It has become one of the most popular ways for Canadians to plan for future education expenses by offering tax advantages and government contributions which accelerate the growth of the account.
Lots has happened over the past several months, most noticeably the US election. I can’t recall an election period that has brought so much hysteria from multiple perspectives teetering on the outcome. Going back over the past couple of years there have been other events that have brought heightened sensitivities – a pandemic, societal lockdowns, the war in Ukraine, the war in the Middle East to name a few.
This blog will discuss the importance of protecting yourself from credit card fraud and provide tips to help readers protect themselves.
Staying healthy as you age could be the smartest investment.
An introduction to this important legal process.
Making the most of your household food budget.
For those not paying attention to the latest Federal Budget proposal, you will be disappointed to learn that the inclusion rate of a gain on an asset sale has risen from 50% to 66.67%. This isn’t the first time the inclusion rate has been changed, nor is it the highest rate.
While investing in volatile times can sometimes challenge your discipline and commitment, there are timeless principles to include in your investment strategy that can help ease your mind and keep you focused on the long term.
Who is eligible to open an FHSA? How much can you contribute?
One of the big questions many people have before retirement is whether they’re going to have enough money to get them through their golden years. While determining the right number takes some work with a financial advisor, covering your costs may not be as challenging as you think. That’s because you can tap into several income sources to help keep your coffers full.
When it’s time to decide which mix of savings vehicles is right for you, your options can start looking like a hearty bowl of alphabet soup. There are registered retirement savings plans (RRSPs), tax-free savings accounts (TFSAs), and registered education savings plans (RESPs). Determining which savings plan or combination of savings plans is best depends on your personal situation and your objectives.