Another year, another budget. Sometimes I feel like I should not be surprised by what the Canadian government has in mind. Other years, I feel like a truck has side-swiped   Read More

Announcing a REAL target for your retirement savings goals.

For a couple of issues of this newsletter advisory, I have been (more than) hinting at how the retirement/planning complex has been   Read More

A 70-year-old, unmarried client came to see me last month, worried about an issue that’s common to many affluent Canadians.

He has accumulated $2.8-million in a RRIF and is now concerned   Read More

Using life insurance to provide a financial security blanket is one of the most thoughtful gifts you can leave your family.

But just remember that “thoughtful” should never be confused with   Read More

- Mark Halpern, CFP, TEP

Review your existing life insurance

Do you have adequate life insurance protection? Ensuring you have the right life insurance can be an important component of your overall   Read More

- Mark Halpern, CFP, TEP

Are you an investor who owns shares of a private holding company or investment corporation? Are you nearing retirement, or already retired?

Proper financial planning helped get   Read More

Invest gradually. That way you’ll be in a position to take advantage of lower prices when stock-market corrections occur.

• Invest the core of your portfolio in conservative equity funds   Read More

When it comes to tax planning, is obtaining a loan to purchase an RRSP a good idea?

“An RRSP loan can be advantageous if you have accumulated a significant amount of   Read More

 - Samantha Prasad LL.B.

We all know the cardinal rule relating to RRSP withdrawals before maturity: DON’T DO IT!

The tax hit on withdrawals from your RRSP has always been a huge   Read More

Registered Retirement Savings Plans, or RRSPs, help you to save for a more comfortable retirement while deferring taxes – hopefully on more favorable terms – into the future.

But the investment   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

The government developed the attribution rules to prevent blatant income splitting.

Income splitting, of course, diverts income from a   Read More

The MoneyLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

 
Parents of children face large demands on their cash flow. They likely service a high mortgage, pay off their   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

Some investment advisors think that you should never again contribute to an RRSP. In fact, some go further and   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

Every profession has a unique way of developing new business relationships, but it’s usually a variation of “show and   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

The new year is here, so we’ve prepared some quick and easy deductions to help cut your tax bill.   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

During the recession some years back, the unemployment rate in Canada was hovering in the 8.5 per cent range.

  Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

In our article on Discretionary Family Trusts in September’s TaxLetter, we noted that family trusts only have a tax   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
With U.S. real estate prices remaining near historic low levels, many Canadians feel this is continues to be an   Read More

The Investment Reporter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

Some investors find that when they need a list of their securities, they have to go on a   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
 

Mr. C asked us “Do you have guidelines for what percentage of RRSP assets should be fixed-income, such as   Read More

The Investment Reporter,, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846
Rebalancing leads to trading costs. These include brokerage fees when you sell one investment and reinvest in another,   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

Last month we wrote about the demise of the one per cent prescribed rate for income splitting strategies. We   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

Creating a charitable legacy can be one of the most personal and enduring decisions you will ever make.

And   Read More

Canadian Mutual Fund Adviser, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

Though many investors believe that equities will, over time, outperform fixed-income investments, they still fear the stock   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

Split pension income, save taxes

All’s fair in love… and taxes. At least, that’s the way the Canada Revenue Agency   Read More

It is important to have the right type of income when you retire.

There are various types of investment income that are more tax-efficient before and after retirement. and corporate class   Read More