Blog
Find our most talked about topics below.
Read, learn and become involved with our blogs!
Subscribe to our newsletter
Want to stay up to date with our most recents articles?
Sign up below to receive emails whenever we have a new story!
Determining Your Financial Independence Number and Sustainable Withdrawal Strategy
We're excited to share Build Wealth Canada's podcast episode featuring our own financial planning expert, Jason Heath. In this episode, Jason breaks down the complexities of determining your financial independence number and lays out effective, sustainable withdrawal...
These Are The Biggest Myths In Personal Finance — And They’ll Cost You If Followed Blindly
The article "These are the biggest myths in personal finance — and they'll cost you if followed blindly" was originally published in Financial Post on May 26, 2023. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. Jason Heath: Beware of financial advice that is biased or even...
Ottawa Is Offering a 25-year, High-Interest GIC: It’s Called The Canada Pension Plan
The article "Ottawa is offering a 25-year, high-interest GIC: It's called the Canada Pension Plan" was originally published in Financial Post on April 7, 2023. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. Decision on when to apply for CPP becomes clearer when you think of it as...
FP Answers: What Are The Pros And Cons When Borrowing Money To Invest?
The article "What are the pros and cons when borrowing money to invest?" was originally published in Financial Post on April 6, 2023. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. You need a high risk tolerance, low investment fees and a long time horizon to make it worth...
Can Lucas and Shelby Afford To Give $100,000 To Each Of Their Kids For A First House?
The article "Can Lucas and Shelby afford to give $100,000 to each of their kids for a first house?" was originally published on the Globe and Mail on March 28th 2023 by Dianne Maley. Lucas and Shelby are both teachers, earning a combined $210,750 a year. They have...
Navigating Ontario Probate: Which Assets Require Probate and How to Minimize Costs
In this blog post, we will explore which assets require probate in Ontario and provide tips on how to minimize probate costs. Understanding the process and requirements are key for executors and beneficiaries to efficiently and accurately settle an estate.
FP Answers: How Do I Determine When To Claim My Rental Condo Repairs As An Expense?
The article "How do I determine when to claim my rental condo repairs as an expense?" was originally published in Financial Post on March 10, 2023. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. No general rule, but there are several factors to consider when timing a deduction...
Is Now The Time For Retirees To Sell Stocks And Buy GICs?
The article “Is now the time for retirees to sell stocks and buy GICs?" was originally published in MoneySense on March 3, 2023 . Photo by Mikhail Nilov from Pexels. Many people near or in retirement are worried about stock market volatility. Does it really make sense...
Triggering Losses By Transferring Investments To A TFSA
The article “Triggering losses by transferring investments to a TFSA" was originally published in MoneySense on March 1, 2023 . Photo by Jonas Leupe on Unsplash. Stavros is worried that contributing an investment in kind to his TFSA will trigger the “superficial loss...
A Strategy For Non-Registered And TFSA Accounts In Retirement
The article “A strategy for non-registered and TFSA accounts in retirement" was originally published in MoneySense on March 1, 2023 . Photo by Felicity Tai from Pexels. Between a TFSA and non-registered accounts, what is the most tax-effective way to withdraw to fund...
These Are The Adviser Fees, Hidden And Otherwise, That Investors Need To Be Wary Of
The article "These are the adviser fees, hidden and otherwise, that investors need to be wary of" was originally published in Financial Post on February 28, 2023. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. Most consumers are still largely in the dark about how much they pay...
Should You Sell Investments At A Loss To Pay Off Debt?
The article “Should you sell investments at a loss to pay off debt?" was originally published in MoneySense on February 27, 2023 . Image by shurkin_son on Freepik. When paying a high interest rate on debt, does it make sense to sell investments that have fallen before...
FP Answers: When Is Capital Gains Tax Due On A Cottage Purchased In Joint Tenancy With Two Other People?
The article "When is capital gains tax due on a cottage purchased in joint tenancy with two other people?" was originally published in Financial Post on February 24, 2023. PHOTO BY JAMES MACDONALD/BLOOMBERG FILES. RRSP contributions are one way of reducing capital...
Who To Name As Executor When Family Members Aren’t An Option
The article “Who to name as executor when family members aren’t an option?" was originally published in MoneySense on February 21, 2023 . Photo by Cottonbro Studio from Pexels. It’s not always possible or beneficial to name a family member or close friend as executor...
What is the difference between an advice-only financial planner and a fee-based investment advisor?
The use of titles by financial professionals in Canada is not very well regulated. As a result, determining the difference between someone providing advice-only financial planning and fee-based investment services is difficult. But the differences are significant. In...
Are Spousal And Child Support Payments Taxable?
The article “Are spousal and child support payments taxable?" was originally published in MoneySense on February 13, 2023 . Photo by Cottonbro Studio from Pexels. Spousal and child support payments are taxed differently. And lump-sum payments may come with their own...
How Much To Take Out Of Your RRSP In Your 60s
The article “How much to take out of your RRSP in your 60s" was originally published in MoneySense on February 8, 2023 . Photo by Marcus Aurelius from Pexels. Although RRSP withdrawals can be deferred no later than age 72, it may be necessary or advisable to make...
How to Apply for Probate of an Ontario Estate
When someone dies in Ontario, their investments, real estate, personal belongings, other assets, and debts make up their estate. Assets that are not held jointly with right of survivorship or that do not pass directly to named beneficiaries may require an estate...
Can An Executor Borrow Money To Cover Probate Costs?
The article “Can an executor borrow money to cover probate costs?" was originally published in MoneySense on February 6, 2023 . Photo by Gary Barnes from Pexels. Executors have a few options when the estate has outstanding bills and no cash to cover probate fees. Find...
How To Invest As A Teenager In Canada
The article “How to invest as a teenager in Canada" was originally published in MoneySense on February 1, 2023 . Photo by Creative Christians on Unsplash. Birthday money burning a hole? Read our "investing for teens" guide for where to invest, how to buy stocks, what...
The Tax Implications Of Working Abroad For Residents and Non-Residents of Canada
The article “The tax implications of working abroad for residents and non-residents of Canada" was originally published in MoneySense on February 1, 2023 . Photo by Jopwell from Pexels. What taxes do you owe when working in another country if you’re a resident of...
How To Use Income ETFs For Retirement Income
The article “How to use income ETFs for retirement income" was originally published in MoneySense on January 31, 2023 . Photo by Karolina Grabowska from Pexels. Are income ETFs the right choice for retirees? And should you place them in a life income fund that has...
Here’s What You Need To Know About Picking An Executor For Your Will
The article "Here's what you need to know about picking an executor for your will" was originally published in Financial Post on January 26, 2023. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. Testators writing a will should consider whether the executors they are naming are the...
When Does The “Plus 1” Rule Apply To A Principal Residence?
The article “When does the “plus 1” rule apply to a principal residence?" was originally published in MoneySense on January 23, 2023 . Photo by Karolina Grabowska from Pexels. There are tax implications to inheriting a second property. But in certain circumstances,...
FP Answers: What Are The Pros And Cons Of Using A DRIP Account For Your Investments?
The article "What are the pros and cons of using a DRIP account for your investments?" was originally published in Financial Post on January 20, 2023. PHOTO BY MICHAEL NAGLE/BLOOMBERG FILES. Using DRIPs in a taxable account could have unintended long-term consequences...
What is advice-only financial planning?
Advice-only financial planners provide a conflict-free second opinion that may be more detailed and comprehensive. Financial planning involves six primary areas: 1. Financial management 2. Investment planning 3. Insurance and risk management 4. Tax planning 5....
Your TFSA Investing Strategies Will Need A Rethink In 2023
The article "Your TFSA investing strategies will need a rethink in 2023" was originally published in Financial Post on January 5, 2023. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. A changed financial landscape means these four strategies might require a rethink Tax-free...
A Strategy For Non-Registered and TFSA Accounts In Retirement
The article “A strategy for non-registered and TFSA accounts in retirement" was originally published in MoneySense on January 3, 2023 . Photo by Felicity Tai from Pexels. Between a TFSA and non-registered accounts, what is the most tax-effective way to withdraw to...
Estate Planning and Trusts For A Beneficiary with a Disability
The article “Estate planning and trusts for a beneficiary with a disability" was originally published in MoneySense on December 28, 2022. Photo by Cliff Booth from Pexels. Estate planning and trusts for a beneficiary with a disability, what type of professional is...
Is Now The Time For Retirees To Sell Stocks And Buy GICs?
The article “Is now the time for retirees to sell stocks and buy GICs?" was originally published in MoneySense on December 21, 2022. Photo by Mikhail Nilov from Pexels. Many people near or in retirement are worried about stock market volatility. Does it really make...
Objective Financial Partners Inc.
675 Cochrane Drive
East Tower, 6th Floor
Markham, Ontario
L3R 0B8
T. 416.691.8471
Toll Free. 1.855.691.8471
Providing fee-only financial planning to clients in Toronto or worldwide via Zoom or Skype
Copyright © 2018 |Objective Financial Partners Inc. | All rights reserved.
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
