3.3 C
Toronto
6.6 C
Vancouver
-2.1 C
Montreal
1.3 C
Calgary

3 misconceptions about retirement in Canada

A new report found that the reality of retirement in Canada isn't quite what people expect it to be. The online poll of 1,800 people conducted by Ipsos on behalf of RBC revealed notable misconceptions surrounding retirement. They include the timing of that...

Embrace Aging and Plan for a Happy Retirement

How We Age is Changing As youngsters, we can’t wait to get older.  Sometime later, we become less enthusiastic about our next birthday.  We come to realize our mortality with the tick-tock of age.  It’s a matter of perspective. Age has...

Retirement Basics: Understanding How RRIFs Work

It’s no secret that saving for retirement is one of the most important things you can do to secure your financial future. While there are a number of paths Canadians can take, RRSPs remain one of the best ways...

6 Simple Keys to Financial Success

Money—such a loaded word. We spend an amazing amount of time, energy and emotion on money; loving it, hating it, worrying about it, or being frustrated by it. The one thing we don’t often do is talk about it....

What Is an RRSP? Your Guide to RRSP Investing

First introduced by the Government of Canada in 1957, Registered Retirement Savings Plans (RRSP) are a tax-sheltered investment account, designed to encourage Canadians to save for their retirement. While they’ve been around for a while, the importance of RRSPs...

How to Set and Achieve Dividend Retirement Goals

This is a guest contribution by Ben Reynolds at Sure Dividend.  Sure Dividend uses The 8 Rules of Dividend Investing to find high-quality dividend growth stocks suitable for long-term holding. If you’d like to contribute a guest post to...

5 Retirement Pitfalls and How to Avoid Them

Over the years I’ve transitioned many clients through retirement and while each story is unique, there are some commonalities in their experiences. One story that sticks with me is the reaction that my client Margaret (name has been changed)...

Walter Global seeks to raise $400 million for wealth management fund

"My goal is to build something for the long term," says Walter Global CEO Sylvain Brosseau. An emerging Montreal-based investor is ready to stake hundreds of millions of dollars on future growth in the wealth management business. Walter Global Asset Management...

A Guide to Guaranteed Investment Certificates (GICs)

As the saying goes, it’s better to be safe than sorry. And for investors seeking safety, guaranteed investment certificates (GICs) can be a useful part of your overall financial plan, as they preserve your principal while returning a predictable...

Which tax deductions you can claim on net rental income?

Q. I understand that net rental income creates RRSP contribution room—so, even as a retiree, I should be able to accumulate additional RRSP room. Does foreign net rental income add to RRSP room? When I do my Canadian taxes using...
- Advertisement -

Latest News

The Truth About Debt in Canada

This is an advertorial and may contain links to other websites. Uncontrollable debt is a problem faced by a large...
- Advertisement -

The Best Visa Credit Cards in Canada for 2020

When it comes to credit card processors in Canada, Visa is a top player. Everyone recognizes the name, and for the most part, Visa...

The Best Business Savings Account Rates in Canada – savvynewCanadians

Which Canadian bank is best for small business savings accounts? I recently went searching for a savings account in Canada that paid a decent interest...

How carbon pricing works across the country

As of Jan. 1, every Canadian and all Canadian businesses are paying a price on carbon. The federal Greenhouse Gas Pollution Pricing Act means provinces...

Bank of Canada among central banks studying use of digital currencies

Major central banks have joined together to explore whether they should issue cryptocurrencies as the use of cash declines and more people turn to...