The article “My financial advisor overcontributed to my TFSA—now what?” was originally published in MoneySense on October 18, 2022. Photo by Cottonbro from Pexels. Overcontributing to a TFSA can be costly, especially if it goes unnoticed. What can you do if the error...
The article “Is now the time for a long-term investor to abandon stocks?” was originally published in MoneySense on October 12, 2022. Photo by Jenny Ueberberg on Unsplash. It’s been a difficult year for stock investors. Should you move into GICs or...
The article “Financial planning in your 70s” was originally published in MoneySense on October 6, 2022. Photo created by rawpixel.com – www.freepik. Be mindful of these money concerns, even after retirement. When most people think about financial...
The article “Could a line of credit impact my mortgage application?” was originally published in MoneySense on October 6, 2022. Photo by Sarandy Westfall on Unsplash. Line of credit payments and other non-mortgage debt are factored into mortgage...
The article “These money-saving strategies can help investors make the most of a very bad year” was originally published in Financial Post on October 3, 2022. Jason Heath: You can earn a guaranteed return on your investments whether markets rise or fall...
The article “When should you withdraw money from your corporation to invest?” was originally published in MoneySense on October 3, 2022. Is taking money out of a corporation to invest in RRSPs, TFSAs and real estate a good decision? What happens when you...
The article “Gifting a parent’s assets using a power of attorney” was originally published in MoneySense on September 26, 2022. Photo by fizkes from Shutterstock. As power of attorney, does it make sense to divide up a parent’s assets before their death?...
The article “Is a vacation home a good investment?” was originally published in MoneySense on September 20, 2022. Photo by Maria Orlova on Pexels. A cottage or other vacation property can provide a great way to unwind and spend time with family. But what...
The article “Can a non-resident open an investment account in Canada?” was originally published in MoneySense on September 19, 2022. Photo by Philip Myrtorp on Unsplash. What are the options for investing as a non-resident of Canada? Which is better: an...
The article “Can you gift a farm to your kids to avoid taxes?” was originally published in MoneySense on September 12, 2022. Photo by Gregory Hayes on Unsplash. The idea to gift property to a family member for a dollar to avoid tax is a common one. But can...
The article “Should you buy real estate through a corporation?” was originally published in MoneySense on September 12, 2022. Photo by Sebastian Staines on Unsplash. It can make sense to purchase rental or vacation properties through a corporation, but...
The article “How Canadians can split their income and lower their tax bills” was originally published in Financial Post on September 8, 2022. PHOTO BY CHLOE CUSHMAN/NATIONAL POST ILLUSTRATION FILES. Jason Heath: There are ways to pay less tax during your...