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Why “unretirement” may be the fate of so many Canadians Mar 14th
The idea of “unretirement” seems to be making a comeback as more Canadians find themselves under economic stress. Even before the tariff threats emerged under Trump 2.0, seniors and near-retirees were finding the economic uncertainty and rising cost of living becoming uncomfortable. No surprise .... More »
CPPIB grows presence in Hong Kong logistics real estate with Goodman partnership + MORE Dec 9th
TORONTO _ The Canada Pension Plan Investment Board is investing $320 million in a partnership with more than a dozen modern logistics properties in Hong Kong.
The Goodman Hong Kong Logistics Partnership, created in 2006, has assets worth about C$4.7 billion including a 50 per cent interest in Goodma.... More »
Stock news for investors: Cenovus boosts MEG Energy stake to 9.8% Oct 18th
Here’s a round-up of news for Canadian investors this week.
Cenovus-MEG Energy
Parkland-Sunoco
Cineplex
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savings wi.... More »
The best RRSP investments 2022 Jan 11th
A registered retirement savings plan (RRSP) is an investment that is registered with the Canadian federal government. RRSPs are often described as being “tax-advantaged.” That means you don’t pay income tax on the amount you are contributing to an RRSP, in the year you earn that contribution. .... More »
How financial journalists plan their own retirement + MORE Aug 15th
It’s an occupational hazard of personal finance (PF) journalism that the writers’ lives are an open book. Anyone reading Retired Money knows my age and that I recently had to convert my RRSP into a RRIF. And I’m not alone: this summer has seen the retirement of some long-time PF columnists, no.... More »
When to downsize in retirement
– moneysense.ca
The post When to downsize in retirement appeared first on MoneySense.
Pay less tax with pension income splitting
– moneysense.ca
It’s hard to believe but the great boon of pension income splitting has now been available to Canadian retirees for a full decade. The Harper Tories introduced it in 2007, partly as a salve for the controversial Halloween 2006 crackdown on income trusts. I don’t hear much these days about income trusts but the combo of pension splitting and the 2009 introduction of TFSAs has certainly been a welcome addition to the arsenal of retirees and semi-retirees.Pension splitting can generate many thousands of dollars in additional after-tax income for retired couples, particularly if – as is often the case – one of them enjoys a generous defined benefit (DB) pension and the other does not. I happen to know a retired boomer couple in their early 60s who are in exactly this position. In this case, it’s the woman with the high DB pension and they happily admit this one measure alone puts thousands more after-tax dollars into their collective pockets each year.
Pension splitting is based on the fact that Canada’s graduated income tax system imposes far higher rates of tax on big earners than on modest or non-existent earners…
Liberals tap former pension fund CEO to help build new infrastructure bank
– canadianbusiness.com
The man tapped to build an experimental agency to finance the construction of roads, bridges, and transit systems says the new infrastructure bank will help Canada better attract private dollars even as our closest neighbour promises a massive construction plan that relies heavily on private investment.
The international battle for private dollars to supplement public funds has become more heated as countries increasingly see modernizing infrastructure as a way to help their economies
A few have been successful in their quest, but many, like Canada, are still struggling to attract the right level of funding to help build the infrastructure that citizens use every day, said Jim Leech, the former head of one of Canada’s largest pension funds.
Among those countries is the United States, where President Donald Trump has talked of a $1 trillion spending plan over the next decade that includes more public-private partnerships to rebuild crumbling roads, bridges and highways, or the possibility of billions in tax credits for private investors who put their money into projects…
The international battle for private dollars to supplement public funds has become more heated as countries increasingly see modernizing infrastructure as a way to help their economies
A few have been successful in their quest, but many, like Canada, are still struggling to attract the right level of funding to help build the infrastructure that citizens use every day, said Jim Leech, the former head of one of Canada’s largest pension funds.
Among those countries is the United States, where President Donald Trump has talked of a $1 trillion spending plan over the next decade that includes more public-private partnerships to rebuild crumbling roads, bridges and highways, or the possibility of billions in tax credits for private investors who put their money into projects…
