It’s a question clients ask us a lot: can we, or should we, gift our kids cash for a down payment on their first home? It’s a thorny issue that puts parents in a tricky spot. Most parents’ gut instinct, of course, is to do everything they can to help their [...]
As money managers, we get asked about DIY investing all the time — and we agree it can work for some people, especially if they enjoy tracking markets and investments, have the right skills and temperament — and can also handle the extra work and stress that comes along with managing your own money. But there is one big risk when it comes to self-directed investing — and it’s one that many people often forget about.
On April 1, 2018, it is expected that the CRA will double the inter-spousal loan rate from 1% to 2%. We recommend that clients consider making use of this income splitting strategy before the April 1 deadline in order to maximize tax savings.
With the arrival of 2018, we thought it would be useful to remind you of the contribution limits for the various registered accounts you may wish to fund. RRSPs The deadline for 2017 contributions is Wednesday, March 1, 2018.
There are trillions of dollars in negative yielding bonds trading right now – literally thousands of investors paying borrowers to take their money. How did the "financial upside down" become a new norm in the world and what happens when interest rates start to move higher?