Financial Library

The Tax-Free Savings Account (TFSA) was introduced in the February 2008 Federal Budget and will be available January 1, 2009. It is touted by the Government of Canada as ‘the single most important personal savings vehicle since the introduction of …

Roger and Linda are approaching their retirement. With continuing volatility in the markets, they are concerned about what effect a market downturn in the few years leading up to or just after retirement would have on their income. They also …

You may not be ready for this. Despite all you may have heard, term life insurance is not better than permanent life insurance! And whats even more confusing, permanent life insurance is not better than term life insurance! Mathematically speaking, …

Our parents raised us; we moved out, had children of our own and raised them. Then our children moved out and had children of their own to raise. It was supposed to stop there for us, but then one day …

Now that summer has officially arrived, many of us start to think about home renovations, garden projects and summer vacations. But while we often know what we want to accomplish, sometimes we are not sure where the money will come …

On October 30, the federal government presented a ‘mini-budget,’ which outlined a number of initiatives designed to create tax savings for Canadians. Tax cuts were the main thrust of Finance Minister Jim Flaherty’s announcement, which means there are a few …