Given the undeniable value that comes from receiving an education, as a parent, you are likely hoping that your child will choose to pursue some form of higher-level learning after graduation from high school. This blog post looks into how RESPs can...

If you have heard one piece of personal financial advice, it is likely one that preaches the importance of having an emergency fund. It is one of the only things that nearly all financial experts unanimously agree upon. While its’ importance goes unc...

December is fast approaching. You know what that means. As every day passes, malls are getting increasingly crowded, you’re beginning to hear the same few Mariah Carey and Michael Bublé holiday songs blasting through the intercom, and everywhere you...

It’s almost that time of year again. As the holiday season approaches, the time has come to decorate the Christmas tree, light the menorah, invite hoards of family members over, and begin doing all of those special traditions that make the holiday se...

When preparing for retirement, there are countless decisions you must make. Among the numerous questions to ask yourself, perhaps one of the most fundamental questions surrounds the future fate of your home. Where are you going to live for your golde...

Should you ever withdraw funds early from your RRSP to repay current debts? This article highlights several negative consequences associated with early RRSP withdrawals and outlines the very few, specific scenarios where taking money out of your reti...

The Registered Disability Savings Plan (RDSP) is a savings program created by the Canadian government that is intended to help individuals save for the long term financial security of a person with a disability. Here is an overview of RDSP`s benefits...

You worked hard for your money. When giving it away to support a cause you care deeply about, it makes complete sense why you would be concerned with how exactly it is spent and what impact your donation is making. If you are a wealthy individual tha...

Running a successful business is not without its challenges. Throw family into the mix and things have the potential to get even more complicated. While there is no uniform method of running a family business, here is some general advice that will he...

Recent changes to the Income Tax Act have changed how professional corporations are taxed. This article explores the new passive income rule and what it might mean for your practice....