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

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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Gifting Real Estate To Your Adult Children

Gifting Real Estate To Your Adult Children

The article "Gifting Real Estate To Your Adult Children" was originally published on MoneySense on August 9 2019. Consider the impact of potential capital gains tax, what might happen to the property if your child gets divorced or dies, and whether there's a chance...

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Should I Loan Investments Or Money To My Spouse?

Should I Loan Investments Or Money To My Spouse?

The article “Should I Loan Investments Or Money To My Spouse?” was originally published on MoneySense on July 30, 2019. The idea is to split income, following Canada Revenue Agency guidelines, so the family pays less tax overall. Q. I'm 38 years old and have been...

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Should You Opt In To A Group RRSP?

Should You Opt In To A Group RRSP?

The article "Should You Opt In To A Group RRSP?" was originally published on MoneySense on July 24, 2019. If your employer offers a matching contribution, you get an automatic return on investment that would be tough to beat anywhere else. Q. I'm 35 years old and have...

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The Bank Of Grandma And Grandpa

The Bank Of Grandma And Grandpa

The article "The Bank Of Grandma And Grandpa" was originally published on MoneySense on June 12, 2019. Sol wants to contribute to his grandkids' future with annual gifts he'll start now. What's the best way to manage the money outside of RESPs? Q. I'd like to start...

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Advice On Making Your First Home More Affordable

Advice On Making Your First Home More Affordable

The article "Advice On Making Your First Home More Affordable" was originally published on MoneySense on May 14, 2019. Irene and her partner want to buy a house with savings, some help from her dad and a mortgage from an alternative lender. What are the implications?...

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How To Handle Death Inside A Joint Investment Account

How To Handle Death Inside A Joint Investment Account

The article "How To Handle Death Inside A Joint Investment Account" was originally published on MoneySense on April 23, 2019. After Vee's father passed away, her advisor made some transactions that she's now questioning. Q. My father had two investment accounts open...

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An Easy Guide To Income Splitting For Seniors

An Easy Guide To Income Splitting For Seniors

The article "An Easy Guide To Income Splitting For Seniors" was originally published on MoneySense on April 10, 2019. Cindy and her husband are looking for strategies to help them save on taxes in retirement. Q. My husband and I are both retired. He still has income...

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Can I Have A Multi-Generational RESP?

Can I Have A Multi-Generational RESP?

The article "Can I Have A Multi-Generational RESP?" was originally published on MoneySense on March 26, 2019. If money is left over in your child's RESP you can in theory use it for your future grandkid's education, with some big caveats Q: I have an existing RESP for...

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How To Avoid A Pension Clawback From A One-Time Event

How To Avoid A Pension Clawback From A One-Time Event

The article "How To Avoid A Pension Clawback From A One-Time Event" was originally published on March 19, 2019. Mike wants to know what can be done to avoid a reduction in government pension income due to a one-time event. Q: Are you aware of the “one-time event” in...

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The Best Way To Transfer Investments To Your Spouse

The Best Way To Transfer Investments To Your Spouse

The article "The Best Way To Transfer Investments To Your Spouse" was originally published on MoneySense on March 12, 2019. Dean has investments that he wants to transfer to his spouse. There are tax implications depending upon how the transfer occurs Q: Is there a...

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How Does A LIRA Work After A Pension Transfer?

How Does A LIRA Work After A Pension Transfer?

The article "How Does A LIRA Work After A Pension Transfer?" was originally published on MoneySense on February 20, 2019. Ted is confused about his investment options after leaving a DC pension, and whether his pension money would be better off in a regular RRSP....

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What It Takes To Retire At 45

What It Takes To Retire At 45

The article "What It Takes To Retire At 45" was originally publishes on MoneySense on February 6, 2019. Konstantino is 27 and hopes to retire by 45. He wants to know how that impacts his RRSP versus TFSA savings strategy. Q: I'm 27 years old with a relatively healthy...

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Disability, Income Splitting and Tax Reduction

Disability, Income Splitting and Tax Reduction

The article "Disability, Income Splitting and Tax Reduction" was originally published on MoneySense on January 15, 2019. Rob's wife is unable to work due to a chronic illness. He's trying to plan for tax reduction in retirement on their registered accounts. Q: My wife...

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The Limits of Old Age Security Survivor Benefits

The Limits of Old Age Security Survivor Benefits

The article "The Limits of Old Age Security Survivor Benefits" was originally published on MoneySense on January 2, 2019. Lillian lost her husband and wants to know what happens to his Old Age Security pension. Q: My husband died in 2015 at the age of 56. He would...

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