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Market volatility
Dollar Cost Averaging (DCA) is an investment strategy that can help reduce the impact of market volatility when buying financial assets such as mutual funds, stocks, or exchange-traded funds. Instead of investing a large amount all at once, you invest a fixed dollar...
Women and finances
When it comes to money matters, women face different financial challenges than men which contribute to complicating the ability to earn and save. Building financial literacy is increasingly important. Without an understanding of financial concepts like inflation,...
Business succession
Many entrepreneurs are deeply passionate about their business and focused on the demands of day-to-day operations. When you are managing staff, serving customers, and planning for growth, it can be easy to put long-term planning on the back burner. But an important...
Some considerations if faced with a job loss
Job loss can happen for any number of reasons, but whatever the cause, it can be a very difficult time and create stress for you and your family. While no one can completely prevent a job loss, there are some proactive steps that can be taken both professionally and...
Plan for your future
It all starts with a budget. Budgeting is simply the process of balancing your income with your expenses so you can make informed decisions about your money. When you spend more than you earn, it can lead to debt and make it harder to reach your goals. That is why...
Managing debt
Debt is often associated with negative feelings, and in many cases it is something people want to avoid. Still, not all debt is the same. Some types of borrowing, such as a mortgage or student loan, may help you build long-term value or create future opportunities....
Tax planning tips for Canadians
Feeling overwhelmed by taxes? This Wealth Wednesday episode is here to help! We share valuable insights to navigate common Canadian tax planning challenges, instilling confidence in your financial decisions. In this video, you’ll learn about: Capital Gains and...
Tax planning: Equalizing pension income and understanding capital gains and capital losses
At this time of year Canadian residents are preparing to file their personal income taxes. The deadline to file personal taxes and pay any amounts owing is April 30, 2024. There is a late filing penalty, so it is important to file on time. The first step to take is to...
How to protect yourself as a financial consumer
Insurance is an essential part of a strong financial plan, helping protect what matters most through every stage of life. Whether you are starting out, growing your family, building wealth, or planning for retirement, the right coverage can help reduce the financial...
Building financial resiliency
Finding financial balance starts with understanding where you are today and making a plan for where you want to go. Managing money well often means reviewing your budget, making a plan to manage debt, and taking steps to protect and grow your assets over time....
FHSA vs HBP vs TFSA – which one to use when saving for the down payment of a home?
Saving for the down payment of a home is one of the fundamental pieces of the puzzle that lead to home ownership, but where to start is a question that many ask themselves. Over the years, the Government of Canada has introduced many savings programs that have proven...