Federal government targets sport participation with $660 million pledge to sport organizations – CBC + MORE Apr 28th

Federal government targets sport participation with $660 million pledge to sport organizations  CBCOpinion | ‘It is a great day’: Liberals earmark over $755 million to reshape Canadian sports system in economic update  Toronto StarAfter weakest Winter Olympic medal count in years, Ottawa ups sport funding  Global NewsCanada gets its Olympic funding from the federal government, and with it, the pressure for results  The Globe and MailCOC and CPC applaud generational investment in Canadian sport system  Swimming Canada

Ask MoneySense
I called two prominent, fee-only financial planning firms that don’t sell investments because I want a financial plan, and they both turned me away. They said they couldn’t help me because I don’t know what I want. I’m not sure what to do. I want a plan, but I don’t have any real goals. How do I get a plan if I don’t know what I want?   

—Susan

Hi Susan. It is too bad they couldn’t help you. Don’t give up. Not having set goals should not stop you from having a financial plan. I am sure the firms you spoke to are very good and it may just be that their approach to planning is better suited to people with goals. The problem is there are a lot of people without well-defined goals.

For financial planners, it is easier to prepare a plan for people with specific goals or facing a financial decision. They want answers to questions like: When can I retire? When should I start Canada Pension Plan and Old Age Security? Should I draw from my holding company or registered retirement income fund (RRIF)? With these questions, the plan becomes a math problem easily solved by a competent planner…