Planning
Case Study Scenario For the past 10 years, Mike has owned and operated a local construction company that has become highly successful. Due to this success, Mike has built up significant after-tax profits within his corporation and finds himself facing a decision: withdraw these funds now and invest them personally or leave the funds in…
Read MoreIt’s hard enough for people to wrap their heads around saving and investing for retirement in normal economic times, so it’s no surprise how overwhelmed so many feel about their financial futures today. With inflation increasing the costs of everyday items and rising interest rates affecting the mortgage and other borrowing costs, budgets have gotten…
Read MoreFor many families, a beloved cottage is a place of cherished memories and tradition. But as time goes on, the challenges of passing down a cottage from one generation to the next become increasingly complex. In this informative piece, we’ll highlight the common problems families face in maintaining ownership of a cottage, and provide readers…
Read MoreWhat is a TFSA? A Tax-Free Savings Account (TFSA) is a type of savings account that allows Canadians to save and invest their money without having to pay taxes on the investment income. This makes it an attractive option for those who want to save for retirement, save for a rainy day, or simply invest…
Read MoreAn important part of investing is making sure you invest wisely. Even if you invest wisely, you might still be leaving money on the table if you do not pay extra attention to your investment fees. You might remember the old saying, “A penny saved is a penny earned”. The same idea can be applied…
Read MoreCredit: iA Financial Group Signs of a potential recession are increasingly circulating in the public space. Here are some insights to help you understand this economic phenomenon. Are we heading into a recession? Although it has not been confirmed, many indicators and various experts in the field are predicting a recession over the short or…
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