Valentine’s Day is around the corner—and while we enjoy chocolates and a nice dinner out as much as anyone, February 14 is a day that makes us even more mindful of how Canadians handle the subject of spending with their significant other. Surveys show that coupled Canadians spend…
A very salient article for many living in Ottawa who often migrate to the private and public sector during their careers. Q. I plan to do a pension buyback for my service with the Government of Canada. Can I deduct the lump sum payment from my total income if…
As you near retirement or are in retirement here are a number of useful strategies to help guide you along the way. 1. Will your savings last through retirement? For investors entering retirement, high portfolio returns are important, but they are only one factor influencing how long their…
In general, there are three potential outcomes when a TFSA accountholder dies, depending on the preparations made. Tax-free Saving Accounts (TFSAs) were introduced just a decade ago, in 2009. And while knowledge of their advantages and limitations is growing, some confusion still exists regarding the best way to…