Recent articles

How Investors Can Make Every Day, Earth Day

Investing has the potential to change not just your financial life, but the greater world. Learn more about what the “E” in “ESG” stands for and how your actions as an investor can affect the environment for the better. For the past 50 years, Earth Day has been raising awareness about the impact gov...
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When can pension income splitting make sense?

Meet early retirees Clara and Charlie, both 63 years old and living in Ontario. 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, which puts him in the 29.65% combined federal and Ontario...
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Is a TFSA for you?

Do you know the difference between a Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP)? Don’t be embarrassed if you don’t know the answer. More than a quarter of Canadians (27%) are unable to explain the difference between the two accounts.1   While RRSPs and TFSAs shar...
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How RRSPs turbocharge your retirement savings

The March 2, 2020 deadline for Registered Retirement Savings Plan (RRSP) contributions is fast approaching. Undoubtedly, thousands of tax filers will be racing to top up their account before the deadline. To get the most out of your RRSP, it’s important to understand how it works. An RRSP on its own...
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Downsizing as retirement smartsizing

Do you have a “guest room” in your home that hasn’t seen a guest in years? A basement of clutter you haven’t looked through for even longer? Maybe you’re considering retirement – not just for yourself, but also for your lawnmower and snow shovel. Downsizing can carry a negative association of a meag...
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Caregivers: beware of eroding your net worth

Scott and Fran are a hard-working couple with elderly parents and grown children. Their careers were at a high point when Fran’s mother suffered a devastating stroke. Suddenly, they found themselves juggling roles again as they had when their children were young, except this time around, it came wit...
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Helping children build their money skills through hands-on learning

Financial literacy is increasingly being recognized as a necessary life skill. After all, fluency in the language of finance can help pave the way to greater economic security, especially when proficiency is learned early on. That’s why core curriculum for children as young as elementary-school age...
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Smart ways to get smarter about money

It would be too dangerous to get behind the wheel of a car without knowing the rules of the road or even where the gas and brake pedals are. Yet that’s the way many Canadians “steer” their personal finances, with no real understanding of how money works or how to get it to work for them. Adding to t...
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