Objective Financial Partners Blog

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Ontario’s New Expedited Probate Process: What Executors Need to Know

By Maria Tanel - November 29, 2025

Ontario has been modernizing its probate system over the past few years, and the latest updates are now in full effect. For executors, these changes aim to streamline and simplify the process, reduce delays, and make it faster to obtain a probate certificate so executors can settle an estate sooner.…

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Pension Buyback Scenarios – How Does Buying Back Impact Your Plan?

By Hannah McVean - November 13, 2025

Photo by Freepik You’re not alone if you’ve considered the pros and cons of buying back pensionable service in your defined benefit pension plan. You may be able to buy back service for years you were on parental leave, ill, taking a sabbatical, etc. Your pension plan will confirm how…

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I Want to Buy Out My Spouse’s Interest in the Matrimonial Home

By Patricia Greco - November 11, 2025

Photo by rawpixel.com on Freepik I am hearing this more than ever. In separation and divorce, the desire to keep the family home-especially when children are involved-is completely understandable. You want to minimize disruption and maintain stability. But then, the inevitable question from friends and family hits: “Can you even…

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Is it a mistake to incorporate?

By Hannah McVean - October 16, 2025

Photo by Freepik You’re a bright-eyed and bushy-tailed recently licensed professional starting your own practice. You’re looking forward to helping your clients or patients, make good money, and begin taking control of your financial future. You’ve heard a lot about incorporation and have some understanding that there are some mysterious…

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A piggy bank stands on stacked coins against a white backdrop.

Overcontributing to a TFSA

By Hannah McVean - October 7, 2025

Photo by Freepik A recent article in Advisor.ca reported that TFSA overcontribution penalties collected by CRA in 2024 amounted to 166 MILLION dollars. That money is Canadians’ hard-earned savings that are being allocated to penalties rather than their financial futures. Sadly, I think most of these costs are due to…

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Why Choose a Specialized Financial Professional to Get You Through Your Separation

By Patricia Greco - September 22, 2025

Photo by Freepik Are you feeling overwhelmed by the financial complexities of your separation? A separation is one of the most stressful and emotionally taxing experiences a person can face. There are so many moving parts, from legal proceedings and asset division to figuring out child arrangements and navigating your…

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Post Divorce Financial Planning

By Jeff McCartney - September 16, 2025

Photo by Freepik Separation and divorce are never easy. Most people are born with the idea that they will get married one day, and then when they do, they tend to imagine that theirs is the marriage that will last. Nobody imagines that they will end up separated and divorced.…

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2024 tax-filing extensions: What you need to know

By Jason Heath - April 14, 2025

The article “2024 tax-filing extensions: What you need to know” was originally published in MoneySense on April 14, 2025. Photo by wayhomestudio on Freepik. There are several personal, trust and corporate income-tax-filing extensions for Canadians this year. Which ones apply to you Canadian personal T1 tax returns are generally due by…

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Jason Heath: What the federal election platforms could mean for your pocketbook

By Jason Heath - April 14, 2025

The article “Jason Heath: What the federal election platforms could mean for your pocketbook” was originally published in the Financial Post on April 14, 2025. Photo by TravelScape on Freepik. For this election, perhaps more than any other in recent memory, finances are top of mind for many Canadian voters…

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Cross Border Financial Planning: U.S. Citizens Living in Canada

By Staff - March 23, 2025

As of November 2024, approximately 700,000 U.S. citizens reside in Canada. Additionally, between 2015 and the third quarter of 2024, over 93,000 Americans were granted permanent residency in Canada. These numbers illustrate a growing trend of Americans choosing to relocate to Canada for various reasons, including political, economic, and social…

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Cross Border Financial Planning: Considerations for Americans Moving to Canada

By Staff - March 10, 2025

Photo designed by Freepik There are numerous reasons why Americans are choosing to move to Canada, whether personal, political, employment-related, or otherwise. However, the process of financial planning for a move to Canada is complex and demands thorough preparation and strategic decision-making. Ideally, this planning should begin well before the…

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Cross Border Financial Planning: Considerations for Canadians Moving to the U.S.

By Staff - February 13, 2025

Photo designed by katemangostar on Freepik Financial planning for Canadians moving to the U.S. is a complex process that requires careful preparation and strategic decision-making. Ideally, this planning should begin well before the intended departure date to ensure a smooth transition. The financial systems and tax laws in both countries…

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