We advise you to use some contributions to a TFSA (Tax-Free Savings Account) to build an emergency fund. Then use the remaining TFSA money to invest in potentially very lucrative   Read More

RRSPs, RRIFs, TFSAs, PPPs, critical illness insurance, long-term care insurance, high-limit disability insurance, life insurance, joint-and-last-to-die insurance, charitable donations at death—no wonder we get so tired as we get older!   Read More

RRSPs, RRIFs, TFSAs, PPPs, critical illness insurance, long-term care insurance, high-limit disability insurance, life insurance, joint-and-last-to-die insurance, charitable donations at death—no wonder we get so tired as we get older!   Read More

RRSPs, RRIFs, TFSAs, PPPs, critical illness insurance, long-term care insurance, high-limit disability insurance, life insurance, joint-and-last-to-die insurance, charitable donations at death—no wonder we get so tired as we get older!   Read More

Sometimes reading your financial plan is like staring into a bowl of alphabet soup. Abbreviations and acronyms float by and transmogrify before you can begin to read any sense into   Read More

‘Melt and cascade’ describes what happens to a solid ice jam on a hot summer’s day: a fixed form becomes a fluid, more dynamic element. Mark Halpern, a Markham, Ont.-based   Read More

The federal government’s new budget contains a number of personal tax measures that may affect you. Samantha Prasad, a tax partner with the Toronto-based law firm Minden Gross and a   Read More

Analysts follow as many as 20 stocks, most of which are rated “buys”. Of those buys, an analyst has one or two special favorites seen as most suitable for new   Read More

A great deal has been said over the years regarding investment management fees and mutual funds. Much of it revolves around how fund managers motivate and reward sales efforts. Until   Read More

Dividend Re-Investment Plans, or “DRIPs,” can assist you in building your wealth. You can instruct companies with DRIPs to reinvest your dividends into new shares. You can build your wealth   Read More

How much foreign content you choose to hold in your portfolio should depend on your investment objectives, time horizon and risk tolerance. But when you calculate your foreign content, remember   Read More

There is nothing more joyful than the birth of a child. It is a very emotional time for parents and grandparents as they make lofty plans for the baby’s future   Read More

Thinking about what to include in your will? If you are like most people, your thoughts are probably focused on who gets what, and who will take care of the   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