Finance Minister Bill Morneau delivered the Liberal government's fourth Federal Budget on March 19, 2019. Sticking with the theme from past budgets, this year's final budget before the 2019 election was entitled "Investing in the Middle Class". The key themes included housing, training, Pharmacare and secure retirement along with several other smaller initiatives. For a a full summary of the budget please click here
Financial decision-making: Who will manage your money when you can’t?
Canada’s population is aging rapidly. Today, fewer than five million Canadians are 65 or older. That number is expected to more than double in the next 25 years. By Statistics Canada’s estimate, there will be 9.9 million to 10.9 million seniors in Canada by 2036, and at some point over the next 10 years, the number of Canadian seniors will exceed the number of children aged 14 or under for the first time. For baby boomers entering retirement, these changing realities will have an impact on their plans to provide a sustainable retirement income stream, and have therefore become a regular topic of discussion. full story