News and resources for Canada's top financial advisors
Est. 1998
Estate Planning
Find out what types of income add to the calculation of deduction room
By Wilmot George |February 22, 2018
4 min read
Industry
All clients want a worry-free retirement, but some could find themselves facing financial challenges in their golden years. Read: How much retirement saving is enough? That’s because 25% of Canadian retirees are living with debt, finds a national survey from Sun Life Financial. In fact, some retirees still use credit as they did before retirement, […]
By Staff |February 21, 2018
2 min read
Advisor's Edge
A tax expert does the math
By Doug Carroll |February 17, 2018
3 min read
Economic Indicators
Canadians are dipping into retirement savings to fund short-term expenses, BMO Financial Group finds in its eighth annual RRSP study. According to the study, the first part of which was released earlier this month, 40% of Canadians have made a withdrawal from their RRSPs. Those who have done so have withdrawn an average of $20,952—an […]
By Staff |February 15, 2018
1 min read
Payday loans are becoming more popular for heavily indebted Ontarians. Read: Now’s a good time for that debt discussion Almost one-third (31%) of 2017 insolvencies in the province involved payday loans, finds research from Hoyes, Michalos & Associates, an insolvency trustee firm. That’s up from 27% in 2016, and is the sixth consecutive year-over-year increase […]
By Staff |February 12, 2018
Many Canadians aren't taking full advantage of RRSPs
By Staff |February 5, 2018
How Canadians are saving for retirement may be an issue
By Staff |January 24, 2018
Though most clients need help saving for retirement, those aged 34 to 40 are particularly vulnerable to life getting in the way of those plans, finds a TD survey. In fact, 74% of respondents say they’d like to save more, but everyday financial obligations take precedence. Read: Canadians aren’t making saving a priority: survey Common […]
By Staff |December 4, 2017
The federal government should raise the contribution limits for RRSPs and defined-contribution pension plans to reflect lower yields on investments and longer life spans, a report from Toronto-based think tank C.D. Howe Institute says. “People are living longer and — even more importantly — yields on investments suitable for retirement saving are very low. These […]
By Staff |November 7, 2017
Understand which one offers a planning opportunity
By Wilmot George |November 1, 2017
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