Here is a collection of articles we have published so you can stay informed!

New Investment Approaches For Risk-Averse Canadians

New Investment Approaches For Risk-Averse Canadians

The article "New Investment Approaches For Risk-Averse Canadians" was originally published on MoneySense on April 28, 2021. Old-school investors may find the capital preservation techniques they have relied on in the past won't work the same in the future. Bonds have...

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How Financially Viable Is Your Rental Property?

How Financially Viable Is Your Rental Property?

The article "How Financially Viable Is Your Rental Property?" was originally published on MoneySense on April 12, 2021. Rental real estate has been a great investment for many Canadians. But how do you assess whether yours is likely to work out? After rising steadily...

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Marriage Or Mortgage: Which Is The Better Investment?

Marriage Or Mortgage: Which Is The Better Investment?

The article "Marriage Or Mortgage: Which Is The Better Investment?" was originally posted on MoneySense on March 29, 2021. Couples are sometimes torn between making their wedding a big celebration and starting their financial life together on the right foot. Weddings...

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Maximizing Spousal RRSP Contributions In Your 70s

Maximizing Spousal RRSP Contributions In Your 70s

The article "Maximizing Spousal RRSP Contributions In Your 70s" was originally published on MoneySense on March 22, 2021. Don wants to know exactly when is the cutoff for contributions in his wife's case, and when to convert the savings to a registered retirement...

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Should You Always Split Your Pension Income?

Should You Always Split Your Pension Income?

The article "Should You Always Split Your Pension Income?" was originally published on MoneySense on March 15, 2021. Narayan wants to know the best ways to save income tax, given the disparity between his income and his wife's. Q. Is it always advantageous to use...

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Tax Implications Of Building A Laneway Suite

Tax Implications Of Building A Laneway Suite

The article "Tax Implications Of Building A Laneway Suite" was originally published on MoneySense on March 1, 2021. Any time a homeowner becomes a landlord, there may be GST/HST and income tax owing—and the amounts can be quite large. Q. I read your “capital gains on...

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How Do Mortgage Brokers Get Paid?

How Do Mortgage Brokers Get Paid?

The article "How Do Mortgage Brokers Get Paid?" was originally published on MoneySense on February 27, 2021. Adil is about to close on a home purchase and is surprised that his mortgage broker is asking for a cash payment for the broker fee before the funds are...

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Financial Planning In Your 70s

Financial Planning In Your 70s

The article "Financial Planning In Your 70s" was originally published on MoneySense on February 9, 2021. Be mindful of these money concerns, even after retirement. When most people think about financial planning, they think about saving and investing for retirement....

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Capital Gains On Subdivided Land

Capital Gains On Subdivided Land

The article "Capital Gains On Subdivided Land" was originally published on MoneySense on January 18, 2021. Devon was lucky enough to buy a lot that he was able to subdivide, sell some of the land and build a house on the rest. Does he owe tax? Q. Our primary residence...

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Financial Priorities For The New Year

Financial Priorities For The New Year

The article "Financial Priorities For The New Year" was originally published on MoneySense on January 11, 2021. January is a good time to review your investments, tax and debt management planning. Here's how to get started. The new year is often a time for resolutions...

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Halal Investing in Canada

Halal Investing in Canada

The article "Halal Investing in Canada" was originally published on MoneySense on December 18, 2020. Investing can be challenging for Muslims, as solutions that are both Shariah-compliant and effective at helping achieve long-term financial goals are limited. Canadian...

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Ways To “Unlock” Retirement Savings In A LIRA

Ways To “Unlock” Retirement Savings In A LIRA

The article "Ways To “Unlock” Retirement Savings In A LIRA" was originally published on MoneySense on December 7, 2020. Keith wants to know what to do with his DPSP now that it has been transferred to a locked-in retirement account. Q. When I retired at age 63, the...

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Unique Ideas For Your Last Will and Testament

Unique Ideas For Your Last Will and Testament

The article "Unique Ideas For Your Last Will and Testament" was originally published on MoneySense on November 30, 2020. A straightforward will can work well for many people but, for some, there are clauses to consider that might better convey your wishes. When you...

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Managing Tax In A “Tenancy In Common” Situation

Managing Tax In A “Tenancy In Common” Situation

The article "Managing Tax In A “Tenancy In Common” Situation" was originally published on MoneySense on November 24th, 2020. Claudia wants to minimize the tax payable when selling her share of a cottage to the co-owner. Q. I am a co-owner of a cottage in Ontario. The...

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Financial Literacy For Seniors

Financial Literacy For Seniors

The article "Financial Literacy For Seniors" was originally published on MoneySense on November 16, 2020. If one spouse makes most or all the financial decisions, the uninvolved spouse can be left vulnerable. That's one reason seniors, their family and their advisors...

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How Does Assisted Dying Impact Survivor Pensions?

How Does Assisted Dying Impact Survivor Pensions?

The article "How Does Assisted Dying Impact Survivor Pensions?" was originally published on MoneySense on October 26, 2020. Content warning: This article contains discussion of assisted dying and suicide, which may be upsetting to some readers. We have turned off...

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Potential Tax Changes Due To COVID-19

Potential Tax Changes Due To COVID-19

The article "Potential Tax Changes Due To COVID-19" was originally published on MoneySense on October 20, 2020. The pandemic has led to a significant amount of spending by the federal and provincial governments. How will the country pay for it all? Speculation is...

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Should You Sell Your Home To Your Kids?

Should You Sell Your Home To Your Kids?

The article "Should You Sell Your Home To Your Kids?" was originally published on MoneySense on October 13, 2020. Graham is considering a creative strategy to access his home equity with the help of his grown children. The end goal: to build a vacation property for...

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Should You Hold Your Mortgage Inside Your RRSP?

Should You Hold Your Mortgage Inside Your RRSP?

The article "Should You Hold Your Mortgage Inside Your RRSP?" was originally published on MoneySense on September 29, 2020. Yvonne wants to know how she can use her RRSP to reduce the mortgage on her current home, or to help with the purchase of a second property....

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Should You Buy Real Estate Through A Corporation?

Should You Buy Real Estate Through A Corporation?

The article "Should You Buy Real Estate Through A Corporation?" was originally published on MoneySense on September 25, 2020. It can make sense to purchase rental or vacation properties through a corporation, but often it's simpler—and less risky from a tax...

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What Does A Fee-Only Financial Planner Do, Exactly?

What Does A Fee-Only Financial Planner Do, Exactly?

The article "What Does A Fee-Only Financial Planner Do, Exactly?" was originally published on MoneySense on September 15, 2020. And if they don't sell any financial products, how do fee-only planners get paid? Q. How do you make money, Jason, if you don't sell any...

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Should You Buy A Vacation Property?

Should You Buy A Vacation Property?

The article "Should You Buy A Vacation Property?" was originally published on MoneySense on August 24, 2020. A cottage or other vacation property can provide a great way to unwind and spend time with family. But what are some of the financial implications? The...

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The Best Ways To Help Kids Financially

The Best Ways To Help Kids Financially

The article "The Best Ways To Help Kids Financially" was originally published on MoneySense on August 6, 2020. You don't have to be rich to give children a good start in life. Here are six strategies to use with kids of any age. As a father of three and a financial...

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The Cost Of Socially Responsible Investing

The Cost Of Socially Responsible Investing

The article "The Cost Of Socially Responsible Investing" was originally published on MoneySense on July 22, 2020. Are there enough options available for Canadians who want to invest according to their values - and do you have to compromise on performance or fees to be...

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Understanding The 1994 Capital Gains Tax Election

Understanding The 1994 Capital Gains Tax Election

The article "Understanding The 1994 Capital Gains Tax Election" was originally published on MoneySense on July 15, 2020. Photo by Abby Savage on Unsplash. John was not aware of the $100,000 capital gains exemption that applied until 1994 and wants to know if he can...

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RESP Advice For Canadian Citizens Living In The U.S.

RESP Advice For Canadian Citizens Living In The U.S.

The article "RESP Advice For Canadian Citizens Living In The U.S." was originally published on MoneySense on June 16, 2020. Sohail has become a non-resident of Canada, but still has a RESP account he is contributing to each month. He wants to know how to maximize his...

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Borrowing Money To Invest

Borrowing Money To Invest

The article "Borrowing Money To Invest" was originally published on MoneySense on June 10, 2020. Should you open a margin account with your broker, or opt for an RRSP loan? And what are the potential tax benefits and risks?   There are different ways to borrow to...

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The Pros And Cons of a Dividend Reinvestment Plan

The Pros And Cons of a Dividend Reinvestment Plan

The article "The Pros And Cons of a Dividend Reinvestment Plan" was originally published on MoneySense on May 20, 2020. You may decide that it's better to receive dividend distributions in cash, especially if you plan to use them for TFSA contributions, or to help...

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COVID-19 Financial Support For Working Seniors

The original article "COVID-19 Financial Support For Working Seniors" was published on MoneySense on April 14, 2020. You may still qualify for the federal government's CERB payments, even if you collect CPP and OAS. Q. I am still working, and also receive Canada...

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The Basics of Starting Your Own Business

The Basics of Starting Your Own Business

The article "The Basics of Starting Your Own Business" was originally published on MoneySense on April 8, 2020. Looking to earn some money through self-employment or a side hustle? Here's what to know about the setup and tax implications before you get started. With...

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Planning For The (potential) Costs Of Long-Term Care

Planning For The (potential) Costs Of Long-Term Care

The article "Planning For The (potential) Costs Of Long-Term Care" was originally published on MoneySense on February 10, 2020. Insuring against a potential expense that could range from nothing to hundreds of thousands of dollars, and could happen at any time during...

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Do You Have Too Many Shares In One Company?

Do You Have Too Many Shares In One Company?

The article "Do You Have Too Many Shares In One Company?" was originally published on MoneySense on February 7, 2020. Anyone who has a single stock that makes up more than 5% to 10% of their investment portfolio should be considering if they are overexposed and how to...

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Should You Buy Health Insurance In Retirement?

Should You Buy Health Insurance In Retirement?

The article "Should You Buy Health Insurance In Retirement?" was originally published on MoneySense on January 29, 2020. Most people have health insurance coverage during their working years, but their employer picks up at least some of the cost. For retirees, the...

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Is An RRSP Loan A Good Idea?

Is An RRSP Loan A Good Idea?

The article "Is An RRSP Loan A Good Idea?" was originally published on MoneySense on January 22, 2020. Depending on which tax bracket you're in and whether you have other debt, you might be better off simply directing what you would put towards loan repayments into...

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How To Make Sense Of Contradictory Investment Advice

How To Make Sense Of Contradictory Investment Advice

The article "How To Make Sense Of Contradictory Investment Advice" was originally published on MoneySense on January 10, 2020. Nat's looking for help deciding which strategy truly is best: buy and hold for the long term, or sell off “losers” before they hurt your...

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Planning For An Inheritance

Planning For An Inheritance

The article "Planning For An Inheritance" was originally published on MoneySense on December 10, 2019. Nearly half of Canadians expect to receive an inheritance. But while it's important to consider those potential funds in your own retirement planning, counting on...

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How To Recover Financially From Divorce

How To Recover Financially From Divorce

The Article "How To Recover Financially From Divorce" was originally published on MoneySense on December 4, 2019. Top tips: Try to avoid any hasty decisions regarding real estate, and take the time to ensure you have the amount and type of insurance coverage you need....

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Understanding Your Company Pension Plan

Understanding Your Company Pension Plan

The article "Understanding Your Company Pension Plan" was originally published on MoneySense on November 6, 2019. While the specifics can vary quite widely from plan to plan, a good place to start is with the basic differences between “defined benefit” and “defined...

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“Who’ll Pay For The Cottage If I Die?”

“Who’ll Pay For The Cottage If I Die?”

The article "Who'll Pay For The Cottage If I Die?" was originally published on MoneySense on October 16, 2019. Having a mortgage doesn't necessarily mean you need life insurance coverage equal to the amount you owe on it. Q. We are non-residents who recently purchased...

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Should You Take Out A Loan To Pay For Your Wedding?

Should You Take Out A Loan To Pay For Your Wedding?

The article "Should You Take Out A Loan To Pay For Your Wedding?" was originally published on MoneySense on September 4, 2019. Saving up for the big day could be easier than you think. Q. My girlfriend and I have been living together in an apartment in downtown...

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What Are The Tax Implications Of Donating Land?

What Are The Tax Implications Of Donating Land?

The article "What Are The Tax Implications Of Donating Land?" was originally published on MoneySense on August 20, 2019. Donating, rather than selling, could be a way to put money back in your pocket in the form of a tax refund, while benefitting a charity and the...

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What Is Wealth Insurance?

What Is Wealth Insurance?

The article "What Is Wealth Insurance?" was originally published on MoneySense on August 15, 2019. Charles wants to know if he should consider buying wealth insurance in order to maximize the after-tax value of his estate. The short answer is: It depends. Q. I've seen...

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We don't sell investments, so we're not going to tell you which stocks to buy and sell. However, we can build you a comprehensive and truly objective financial plan.

Please send email inquiries to info@objectivecfp.com