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Belfast: Thales missile factory to supply 5,000 air defence missiles to Ukraine - BBC.com + MORE Mar 3rd
Belfast: Thales missile factory to supply 5,000 air defence missiles to Ukraine BBC.comEurope wants to broker peace in Ukraine — and between Trump and Kyiv after the White House fiasco CNBCAfter Zelenskyy-Trump row, British PM says allies must increase 'share of the burden' t.... More »
B.C. New Democrat government makes pledges to homebuyers, renters, in throne speech - CHEK News + MORE Feb 21st
B.C. New Democrat government makes pledges to homebuyers, renters, in throne speech CHEK NewsHomeowners, renters promised more security in B.C. throne speech CBC.caHousing, affordability take centre-stage in B.C. election-year throne speech Global NewsB.C. government.... More »
How to fill out a personal tax return for 2023 Dec 13th
Whether it’s your first time or if you’re a newcomer to Canada, you’ve come to the right place. This step-by-step guide will help you navigate through filling out your tax return.
The most popular method to file your tax return is by using online tax software. According to the Canada Revenu.... More »
Tax planning for Canadians who invest in the U.S. Jun 10th
It’s no surprise that many Canadians invest south of the border—both in stocks and real estate. On the world stage, economically speaking, we’re small potatoes.
As of May 31, 2021, Canada’s country weight within the MSCI All Country World Index was less than 3%. By comparison, U.S. stocks re.... More »
Extortions, staged collisions, drive-by shootings: Peel police announce 18 arrests in 'major' investigation into towing violence Jun 17th
Police seized $4.2 million in assets including 18 tow trucks, five stolen vehicles, six firearms, 586 rounds of ammunition and various weapons..... More »
The upside to waiting until age 70 to take CPP benefits
– moneysense.ca
Q. I am retiring next year at age 65 and I don’t know if I should take my CPP immediately, or wait. My friends and other people I know from work took their CPP when they retired and they are telling me I should take it when I retire. Are they right? When is the best time to draw CPP?
–Jit
A. Hey Jit, ask one of your friends who waited until age 70 to take Canada Pension Plan benefits, and see what they say. I’m just having fun—I’d be surprised if you knew anyone who delayed their CPP to age 70.
But, according to a new report by the Canadian Institute of Actuaries, most Canadians should start their CPP at age 70.
These are the points from the report that really jumped out at me, and I’ve provided my thoughts below.
–Jit
A. Hey Jit, ask one of your friends who waited until age 70 to take Canada Pension Plan benefits, and see what they say. I’m just having fun—I’d be surprised if you knew anyone who delayed their CPP to age 70.
But, according to a new report by the Canadian Institute of Actuaries, most Canadians should start their CPP at age 70.
These are the points from the report that really jumped out at me, and I’ve provided my thoughts below.
The only two factors to consider when making your CPP start decision are your life expectancy and expected investment returns. Taxes don’t come into play.
Use your RRSPs to bridge the income gap (CPP shortfall) between 65 and 70 using this formula: 7…
Making sense of the markets this week: October 5
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.The markets and the not-so-presidential presidential debate
Last Tuesday’s U.S. presidential debate was certainly the political and perhaps stock market news event of the week. Problem was, the debate was not presidential. In fact it was more of a verbal brawl than a political debate.
President Donald Trump and Democratic nominee Joe Biden argued and yelled and talked over each other, relentlessly. No one won, in my opinion.
In anticipation of the debate, stock markets were quite nervous. U.S. futures were down Monday night. Some investors are concerned that President Trump will not recognize or accept an election defeat, and stock markets do not like uncertainty.
Adding to the drama, on Friday morning it was announced that President Trump and the first lady had tested positive for COVID-19, ramping up the uncertainty exponentially.
Source: Twitter
But then, the markets found something else shiny to look at: the prospect of another stimulus package in the U…
