by Saghar Darabnia | Jul 6, 2020 | Finance - Personal
What is a credit report and why is it important to know about it? Well, if you earn your income in cash and only spend pure cash, you would not need to worry about it. But it is not the case of most of us since we do lease or finance our cars, apply for a mortgage...
by Ibrahim El-awad | Feb 28, 2020 | Finance - Personal
By Jim Yih Last Updated: January 8, 2020 Tax planning must include strategies to deduct, defer and divide. The concept of effective tax planning can have a different meaning and emphasis depending upon your personal circumstances. Add in the fact that governments...
by Ibrahim El-awad | Jan 16, 2020 | Finance - Personal
TFSAs are generally better for people with modest or low annual incomes RRSP or TFSA. Which one is better? Illustration by Chloe Cushman/National Post files The Canadian Press David Paddon February 21, 2019 2:07 PM EST Filed under Personal Finance Retirement TORONTO...
by Ibrahim El-awad | Jan 16, 2020 | Finance - Personal
Remember, there’s bad debt and good debt by Linda Nguyen, The Canadian PressFeb 14, 2017 TORONTO — When Patrick French was about 18 years old, he got a hot tip about a gold mining stock. The problem was he was a student with no money, but he still wanted to...
by Stratis Tsapoitis, CPA, CMA | Jul 13, 2018 | Finance - Personal
Taking a vacation is good for your health Americans may have a reputation for being a nation of workaholics but they’re not alone. In 2016, Canadians left an average of three unused vacation days on the table, according to Expedia. That represents nearly 31 million...
by Stratis Tsapoitis, CPA, CMA | Jul 7, 2018 | Finance - Personal
Trade tensions still dominating sentiment July 6, 2018 Trade disputes remained at the forefront of market concerns in this holiday-shortened week. Asian shares were hit particularly hard, as investors braced for the July 6 imposition of the first round of new...
by Stratis Tsapoitis, CPA, CMA | Jun 24, 2018 | Finance - Personal
S&P/TSX pushes to record high amidst global equity selloff Canada’s stock market benchmark got high on news that Canadians would be able to legally buy marijuana starting October 17. The announcement boosted the S&P/TSX Composite Index above the previous...
by Lorraine Graham | Jun 12, 2018 | Finance - Personal
by Maclean’s staffMay 30, 2018 Here’s a rundown of Doug Ford and the PC Ontario’s campaign promises around work and taxes, hydro, healthcare, tuition and child care you should be aware of: Work and taxes Progressive Conservative Party of Ontario Ford, who has...
by Stratis Tsapoitis, CPA, CMA | Jun 9, 2018 | Finance - Personal
Global equities set aside concerns about rising trade tensions, and instead advanced on data that mostly pointed to a stronger economy. As the risk-on mood returned, new highs in mega-cap names including Apple and Amazon lifted the NASDAQ Composite Index to a new...
by Stratis Tsapoitis, CPA, CMA | Jun 6, 2018 | Finance - Personal
It doesn’t matter whether you’re moving across the street or across the country, moving to a new home is stressful. Make it less stressful by making these five moves before you move. 1. Calculate the cost Your first move is to build an accurate moving budget. Write...
by Lorraine Graham | May 29, 2018 | Finance - Personal
by Janet GrayMay 21, 2018 Time to splurge with your inheritance cheque? Q. I just inherited $10,000. What should I do with the money? I am 65 years old and retired. I live on a very limited income which doesn’t allow me to enjoy some of the more frivolous things in...
by Lorraine Graham | May 28, 2018 | Finance - Personal
It may take a little digging, but there are serious savings to be had at this discount superstore by Laura Brown, Chatelaine May 17, 2018 Oh, Dollarama. The store with long aisles, bright lighting and jam-packed (but perfectly organized) shelves may seem overwhelming...
by Stratis Tsapoitis, CPA, CMA | May 28, 2018 | Finance - Personal
Trade and geopolitics overwhelm economic optimism May 25, 2018 Global equities began the week on an optimistic note as tensions between the U.S. and China appeared to ease after Treasury Secretary Mnuchin said the risk of a trade war was “on hold”. That soon gave way...
by Lorraine Graham | May 25, 2018 | Finance - Personal
So your life insurance application was declined – now what? You still have choice, you still have options – there are always options! Try to find out as much as you can as to why you were declined – I have seen a number of different reasons that life...
by Lorraine Graham | May 25, 2018 | Finance - Personal
This is a question I get most often – and it really is the starting point of any life insurance discussion. How much life insurance do I really need? Well, that depends on what stage of life you are at. For example, if you are a young couple with a small family...
by Stratis Tsapoitis, CPA, CMA | May 19, 2018 | Finance - Personal
This week in the markets Share this Stronger global growth and higher oil prices push treasury yields to seven-year high May 18, 2018 Government bond yields rose around the globe this week, as data pointed to stronger economic growth and as oil...
by Stratis Tsapoitis, CPA, CMA | May 18, 2018 | Finance - Personal
Great video by Christine Van Cauwenberghe, VP Tax & Estate Planning, that answers the question “When does it make sense to grow wealth outside of my registered investments?” https://youtu.be/HtrUruMMfec...
by Stratis Tsapoitis, CPA, CMA | May 14, 2018 | Finance - Personal
When a marriage ends, you have to deal with the emotional fallout, but also the financial one. Here’s how to reorganize your money and your life after separation and divorce. Separation and divorce are painful and exhausting – and also expensive. After a marriage...
by Stratis Tsapoitis, CPA, CMA | May 12, 2018 | Finance - Personal
Congratulations – you’ve earned your degree or diploma! Now is the perfect time to take a few minutes to review this five-step post-grad tutorial that will help you get a solid financial start on your new life. 1. Manage your student loan For the first six months...
by Stratis Tsapoitis, CPA, CMA | May 12, 2018 | Finance - Personal
Energy stocks lift market as oil surges to 3 1/2-year high May 11, 2018 With few exceptions, major global equity markets posted solid gains this week. Crude oil prices jumped to their highest level since late 2014. This comes after U.S. President Donald Trump...
