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Canada: True North Strong and Free - Together

Posted on: June 8, 2020
Tags: 
financial strategy


Over the past several weeks, provinces across Canada have relaxed social distancing rules and begun the process of "re-opening" for business. Looking back over the past three months, while there have been many moments of stress and anxiety, there have also been moments to be thankful. What is there to be thankful about?

When Should I Start Receiving CPP?

Posted on: June 8, 2020
Tags: 
retirement planning

If you apply on your 60th birthday, you'll get about 36% less of the age 65 monthly pension. But, if you wait until you're 70, you'll get about 42% more. Should you hold out for the higher income, or start early?

Start early and you're sure to get it. If you wait, and die before it starts, the income you could have had is lost to you and your heirs forever.

What Comes Next?

Posted on: May 11, 2020
Tags: 
investment planning

With Canada and many other countries practicing physical distancing or participating in complete lockdowns because of the COVID-19 virus, thoughts are turning to what the world may look like after the restrictions have been lifted.

Many people are expressing a desire for life to return to how it was before the arrival of this public health emergency. However, it is likely that some aspects of our lives will have been irrevocably changed because of COVID-19.

Investing Smart During Uncertain Times

Posted on: May 11, 2020
Tags: 
investment planning

Warren Buffett has a classic rule when it comes to market volatility:

“Be fearful when others are greedy and greedy when others are fearful”.

Investor anxiety normally tends to rise in step with market volatility because most people are concerned about trying to pick the best time to buy or sell. For instance, making investment decisions would be infinitely easier if there was complete certainty about when markets were headed for a bear market or a correction.

Yes, Trudy, there are death taxes in Canada

Posted on: May 11, 2020
Tags: 
estate planning

Ottawa dropped Estate Taxes over forty years ago. All the provinces did away with Succession Duties by 1985. We thought that was the end of taxes arising at death. We were wrong.

Ask yourself these questions:

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