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 article “Is A Personal Injury Settlement Taxable, And Can It Impact OAS or GIS Benefits?” was originally published on MoneySense on August 17, 2020. After receiving a personal injury settlement, J is looking for advice on how it might be taxed, and...
The article “Severance, Pensions and Unemployment at 65: Should You Apply For A Pension If You Get Laid Off?” was originally published on MoneySense on August 11, 2020. If you got laid off and are trying to maximize your termination package, pension income...
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...
The article “Which Savings Plans Should A 37-Year-Old With A Military Disability Income Contribute To, And When?” was originally published on MoneySense on July 28, 2020. Jason and his wife have registered disability savings plans, and want to know how to...
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...
The article “Five Key Personal Finance Lessons We Should Be Learning From This Crisis” was originally published on Financial Post on July 21, 2020. The pandemic has put the financial plans of Canadians to the test and also reminded us why we make such...
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...
The article “Planning For Retirement With Little Or No Savings To Draw On” was originally published on MoneySense on July 9, 2020. Financial planning advice is often catered to wealthier Canadians. What can retirement look like for those without healthy...
The article “Triggering Losses By Transferring Investments To A TFSA” was originally published on MoneySense on July 2, 2020. Stavros is worried that contributing an investment in kind to his TFSA will trigger the “superficial loss rule.” Q. I just...
The article “What To Consider When Naming Investment Account Beneficiaries” was originally published on MoneySense on July 24, 2020. Whom you name as your account beneficiary—and whether you name one—can have tax and estate implications. Here’s what...
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...
