Objective Financial Partners Blog
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.…
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…
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 to put everything…
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 rule.” Q. I just transferred 200 shares of…
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 retirement? “I’ve got approximately $500,000 in non-registered…
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 Antoni Shkraba from Pexels. Most consumers are still largely in the dark about how much they pay for investment services Despite…
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!