Start by defining what “wealth” means to you, and then understand the resources and strategies you can leverage to get there. Most people worry about a singular aspect of their financial future: “Will I have enough?” It seems to take a lot of money to “feel” like you…
Fundamental features like friends, family, or a job aside, Canadians tend to opt for one of the big, exciting cities (Toronto, Vancouver, Montreal) when deciding on a place to live—without understanding the implications of their choice, or the full scope of their options. As it turns out, it…
Financial Planning Standards Council’s (FPSC®) purpose is to instil confidence in the financial planning profession by establishing, enforcing and promoting appropriately high standards for financial planners in Canada. We are concerned that many Canadians are not receiving the financial planning help they need. We believe that when Canadians…
Estate planning implications Much has been written about the TFSA’s advantages: the accumulation of tax-free income, the ability to re-contribute withdrawals, access to funds without impact on federally sponsored benefits such as Old Age Security (OAS). But, not much has been said about the estate planning implications of…