Strategies to Increase Wealth in Retirement Interested in building up a healthy nest egg to retire with? Come out and listen to The Financial Architect for Canadians Alynn Godroy. She’ll be speaking on the subject in Kingsville on October 19th, and in Essex on October 26th. The time for both […]
Personal Finance
Do You Work In The Gig Economy? Here’s What You Need To Know
What Is The Gig Economy? The gig economy is based on temporary and freelance work, or short-term contracts. As a gig worker, your contract services may range from a small task to a highly specialized service. If you are connecting with clients through online platforms or applications (apps) such as […]
More Should Be Done to Encourage Ontarians to Save for Retirement
A recent poll commissioned by the Financial Services Regulatory Authority of Ontario (FSRA) found that 88% of respondents feel more needs to be done to encourage people to save for retirement, while 60% feel there is not enough public information available about pensions. “Thinking about saving for retirement is usually […]
Investing Rules of the Road
Your investment goals are as unique as the route you take to reach them. But regardless of your course, I believe these 10 “rules of the road” can help you get where you want to be. 1. Develop your strategy Your financial professional gets to know you – your long-term […]
It’s Time to Do Some Financial Spring Cleaning
Spring is here and for many that means a fresh beginning and the time to spruce things up. This year, as you tidy up your home and surroundings, why not also consider some financial spring cleaning? Here are a few ideas for getting your financial house in order: “De-clutter” your […]
RRSP or TFSA: Which One Makes Sense for You?
At first glance, many investors are left wondering whether they should invest in a Tax-Free Savings Account (TFSA) or an Registered Retirement Savings Plan (RRSP). Both offer tax advantages, but deciding which account is more appropriate for you depends on your goals, risk tolerance and time frame. TFSA and RRSP […]
Unplanned Career Transitions: Some Things to Consider
What does an unplanned career transition mean for you? It is not an easy task to be faced with an unplanned career transition, such as a facility closure or the financial downturn many businesses are experiencing as the pandemic evolves. Layoff, early retirement, and furlough are different outcomes that can […]
5 Smart Options for Your Tax Refund
You may not get much of a thrill from filing your taxes, but the process becomes much more enjoyable if you’re expecting a refund. So, if one is headed your way, what should you do with the money? Here are five smart strategies for your tax refund. 1) Pay down […]
Filing Your Income Tax and Benefit Return on Paper
Remember to file by the deadline to avoid interruptions and delays to your benefit and credit payments including the Canada child benefit, GST/HST credit, related provincial and territorial benefit programs, child disability benefit, or guaranteed income supplement. If you filed on paper last year, the Canada Revenue Agency (CRA) will […]
Ontario Increasing Minimum Wage to $15 an Hour
Ontario Working for Workers by Increasing Minimum Wage to $15 an Hour More than 760,000 workers will benefit from bigger paycheques TORONTO — As part of its plan to grow an economy that works for everyone, the Ontario government has raised the general minimum wage to $15.00 per hour starting January […]