Save on Taxes When Working from Home
Whether it’s full time or on a hybrid basis, working from home provides flexibility as you juggle work and personal responsibilities. For many people, the pandemic has meant some type of work-from-home arrangement for about two years and counting. Fewer days commuting to the workplace saves both time and hassle, but it’s also a financial […]
Why Share Your Notice of Assessment?
It may have taken some time and effort, but you managed to complete your income tax return for another year. While most of your work is done, you’re not quite finished yet. After the Canada Revenue Agency (CRA) reviews your tax return, they will send you a Notice of Assessment (NOA). Go through it carefully […]
When Can Pension Income Splitting Make Sense?
Meet early retirees Clara and Charlie, both 63 years old. Charlie has a $3,200 monthly defined benefit pension through his employer and still does occasional consultation work. In total, he earns about $60,000 annually. Meanwhile, Clara’s work pension amounts to about $2,300 monthly, or $27,600 annually, putting her in a lower tax bracket than Charlie. […]
Staying the Course in a Bear Market
Market volatility and major downturns may cause investors to rethink their investment approach, including moving to cash. Historically, a better approach has been to follow the lessons of the most successful investors: staying the course during a downturn – even adding to positions when the situation seems to be at its very worst – and […]
What Are My Options When the Market is Down?
Severe market declines are unnerving, and understandably cause many investors to reevaluate their options. Stay put? Cut and run? Add more to my portfolio to benefit from a rebound? While no single solution is right for every investor, the historical data can provide some insight into which options have the most attractive potential outcomes. Case […]
The Bulls Outweigh the Bears
No one enjoys a bear market – usually defined as a market decline of 20% or more over two months. But looking back through the history of both the Canadian and U.S. stock markets, it’s clear that on average, bull markets – an increase of 50% or more in the value of the stock market […]
Emotional Investing
When something is threatening us, experience tells us to get away as quickly as possible. That’s a prudent reaction when dealing with bears, avalanches and hurricanes, but it’s not so helpful when it comes to investing. Markets bounce back When markets drop, our first instinct may be to sell immediately. But that’s often the worst […]
RDSP Information for Accountants [Video]
A clear perspective on the Registered Disability Savings Plan (RDSP) and how it can be included in a family’s financial plan.
An Introduction to Responsible Investing [Video]
What is Responsible Investing and how can it affect you?
Resist the Urge to Time the Markets [Video]
Watch as Andrew and Ryan discuss why you should resist timing the market with Aleks Sui.