Objective Financial Partners Blog
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 khunkorn from khunkorn. You need a high risk tolerance, low investment fees and a long time horizon to make it worth considering Q: ” My…
Canada’s Budget 2023: What It Means For You and Your Family
The article “Canada’s Budget 2023: What it means for you and your family” was originally published in MoneySense on March 31, 2023. Photo by Nabil Saleh from Unsplash. The federal government’s 2023 budget proposes a national dental care plan, a grocery rebate, changes to registered accounts, and much more. Here’s…
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. Photo by by Sewcream from Getty Images. Lucas and Shelby are both teachers, earning a combined…
For Canadians Living Abroad, Is It Worth Investing In Foreign ETFs?
The article “For Canadians living abroad, is it worth investing in foreign ETFs?” was originally published in MoneySense on March 27, 2023 .Photo by Lukas Hartmann from Pexels. Canadians with extra savings overseas may wish to invest in foreign ETFs. However, there may be alternatives with less complex tax implications.…
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.
Are Your Deposits At Canadian Financial Institutions Safe?
The article “Are your deposits at Canadian financial institutions safe?” was originally published in MoneySense on March 20, 2023 . Photo by Mizuno K from Pexels. The failure of Silicon Valley Bank has highlighted risks in the U.S. banking system. Should Canadians with large deposits at financial institutions be worried?…
Can You Use The Home Buyers’ Plan To Buy A Foreign Property?
The article “Can you use the Home Buyers’ Plan to buy a foreign property?” was originally published in MoneySense on March 13, 2023 . Photo by Ryutaro Tsukata from Pexels. Find out if you can use the RRSP home-buying program to purchase foreign property and the tax implications that come…
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. Tima Miroshnichenko from Pexels. No general rule, but there are several factors to consider when timing a deduction claim Q: My wife Rita and…
The benefits and flexibility of family RESPs
The article “The benefits and flexibility of family RESPs” was originally published in MoneySense on March 10, 2023 . Photo by Pexels. Grants and growth can be allocated amongst any beneficiaries of the plan “Can you write an article on how family RESPs work once the oldest children start to…
How To Invest As A Teenager In Canada
Birthday money burning a hole? Read our “investing for teens” guide for where to invest, how to buy stocks, what you need from your parents, and more. If you’re starting to save the money you’ve received from birthdays, holidays and part-time jobs, you may be wondering how you can invest…
How Do The RRSP Contribution Carry Forward Rules Work?
The article “How do the RRSP contribution carry forward rules work?” was originally published in MoneySense on March 10, 2023 . Photo by SHVETS production from Pexels. What are the rules about RRSP carry forwards? Should you ever contribute the full amount? “If I have $25,000 contribution room left in…
Should You Withdraw From Non-Registered or TFSA Investments In Retirement?
The article “Should you withdraw from non-registered or TFSA investments in retirement?” was originally published in MoneySense on March 8, 2023 . Photo by Greta Hoffman from Pexels. When starting to draw down your investments in retirement, should you sell your non-registered or TFSA stocks, or both? “I have stocks…
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!