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Canada is in the midst of the Great Wealth Transfer, with an estimated $1 trillion in personal wealth passing from one generation to the next by 2026 as high-net-worth baby boomers leave their estates to Generation X and millennial heirs. If you’re among those expecting to receive an inheritance, planning ahead for how you will…

When it comes to financial planning, women are likely to face different challenges than men. For one, they earn less than men on average, and they’re more likely to work part-time jobs or take time away from their careers to raise children and care for family. Time off and lower lifetime income means women face…

A Registered Retirement Savings Plan (RRSP) is a tax-deferred savings account that can help Canadians save for retirement. RRSPs come with many fantastic benefits, and the different types of RRSPs can give you options for how you can save for retirement. If you didn’t take full advantage of your RRSP in 2020, the good news…

How a financial advisor can help you manage your taxes this year  Reducing your tax burden can help you manage your wealth and free up money to meet your financial goals and build your legacy. But tax rules are complicated, and you may need help understanding all the methods you can use to minimize your…

Making a New Year’s resolution is the first step to creating better habits. But making a New Year’s resolution and keeping a New Year’s resolution is not always the same thing. If you’re like most people, New Year’s resolutions are often long forgotten by mid-February, if not sooner. But it doesn’t have to be that…

Canada is in the midst of the Great Wealth Transfer, with an estimated $1 trillion in personal wealth passing from one generation to the next by 2026 as high-net-worth baby boomers leave their estates to Generation X and millennial heirs. If you’re among those expecting to receive an inheritance, planning ahead for how you will…

Although there is a significant financial component to leaving a lasting legacy, it encompasses so much more than just money. It’s easy to get stuck in a pattern of living life day by day, but your legacy isn’t something you make time for; your legacy consists of the choices you make every single day. It’s…

A Registered Retirement Savings Plan (RRSP) is a tax-deferred savings account that can help Canadians save for retirement. RRSPs come with many fantastic benefits, and the different types of RRSPs can give you options for how you can save for retirement. If you didn’t take full advantage of your RRSP in 2019, the good news…

Financial planning should occur year-round, but often becomes more top of mind as the year draws to a close. Many financial opportunities and deadlines are based on the calendar year, which means you’ll need to take advantage of them by December 31st. Taking stock now allows you to make sure you’re not leaving money on…

November is Financial Literacy Month, so we put together this article outlining the steps you can take to improve your knowledge about money. If you have been delaying your own financial literacy journey, it’s never too late to start. Finance is a broad subject, so even if you’re literate in one area of finance, you…