I had something ready to post today on our Northern River Financial blog. But with recent head winds blowing a different direction, I decided to change course and speak about something that is troublesome to most people. Tariff turbulence blowing […]
Tax season, already? These are the changes you should factor into your return this year. As many are preparing for tax season and the filing of their personal income tax return for 2024, new changes were put into effect for […]
Now that the Registered Retirement Savings Plan (RRSP) season is over, in my world, tax season in Canada is officially here. If you’re hoping to get maximum mileage out of your income tax return, you’re in the right place. The […]
For many years, I have not been a fan of the so-called Registered Retirement Savings Plan (RRSP) Season in the first two months of a new calendar year. To me, while it did encourage some people to contribute to the […]
During turbulent times, plan for the best but prepare for the worst. Create comfort, and a cushion, across changing economic climates with these proven money management practices in financial planning, personal banking and wealth management. Economic downturns and unforeseen life […]
Higher interest rates can be attractive when building up your hard-earned savings. They’re even more attractive when you can tax-shelter your interest earnings. In 2009, the Government of Canada introduced the Tax-free Savings Account (TFSA), enabling eligible Canadians to grow funds tax-free […]
There is a conversation that many people try to avoid. What happens to your assets when you die. Children of parents don’t want to face it or talk about it. Parents of children don’t think they need to talk about […]
For most people, it would be something tangible – like gold bars, Apple stock, paintings by the Group of Seven, or real estate in Rosedale. But what about education, experience, loyalty, or happiness? While these types of intangible assets won’t appear […]
It’s a subject I have been talking and writing about for many years. As each year passes, my Christmas sentiment becomes increasingly entrenched. I’m longing for return to a genuine Christmas spirit like we used to know. I am know […]
As people are closing in on retirement and the magic age of 65, there is a common question we get respecting their retirement plans. Sixty-five is a number and some people are not ready or cannot afford to retire at […]
