How to go about securing the best return for your investment in Canada.
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Key financial habits of self-made millionaires Jul 3rd
Adopting these millionaire habits will help you realize savings almost right away, Lesley-Anne Scorgie writes..... More »
Wealthsimple review 2020 Sep 17th
Maybe you’re here for our Wealthsimple review because its slick ads featuring frank talk on finances from Hollywood actors, such as Mark Duplass and Aubrey Plaza, made you curious. Or maybe its highly relatable celebrity social media posts, like Queer Eye’s Jonathan Van Ness declaring his First .... More »
What to do if you don’t trust the executor of a will + MORE May 6th
Q: We are five kids in the family and my sisters and I think my brother, who’s the executor of my parents’ will, will find a way to take everything. How can we protect ourselves?
—Trina
A: Trina, you think your parents’ estate executor may be “somewhat shady”? Is the executo.... More »
A Safe Haven in Uncertain Times: Why Gold and Silver Should be Part of Your 2023 Investment Strategy + MORE Jan 13th
Investing in gold and silver can be a great way for beginners to diversify their investment portfolio and hedge against inflation. Both metals have been used as a store of value for centuries and have proven to be a reliable form of investment in times of economic uncertainty. In this blog post, .... More »
Cardi B. and Elon Musk Think We’re Headed for a Recession Jun 9th
Tesla CEO Elon Musk and rapper Cardi B. are sounding the alarm on the economy.
Last week, in an email to Tesla executives titled “pause all hiring worldwide,” Musk said he had a “super bad feeling” about the economy and told executives to cut 10 per cent of jobs at the company. (Sin.... More »
Five sobering facts about stock investing, why lumber tariffs are a gift, and a beaten-down utility stock
– theglobeandmail.com
A roundup of investment ideas for active investors
U.S. sets up missile defence in South Korea
– macleans.ca
SEOUL, Korea, Republic Of — In a defiant bit of timing, South Korea announced Wednesday that key parts of a contentious U.S. missile defence system had been installed a day after rival North Korea showed off its military power.
The South’s trumpeting of progress on setting up the Terminal High-Altitude Area Defence system, or THAAD, comes as high-powered U.S. military assets converge on the Korean Peninsula and as a combative North Korea signals possible nuclear and missile testing.
North Korea conducted live-fire artillery drills on Tuesday, the 85th anniversary of the founding of its million-person strong Korean People’s Army. On the same day, a U.S. guided-missile submarine docked in South Korea, and the USS Carl Vinson aircraft carrier is headed toward the peninsula for a joint exercise with South Korea.
The moves to set up THAAD within this year have angered not only North Korea, but also China, the country that the Trump administration hopes to work with to rid the North of nuclear weapons…
The South’s trumpeting of progress on setting up the Terminal High-Altitude Area Defence system, or THAAD, comes as high-powered U.S. military assets converge on the Korean Peninsula and as a combative North Korea signals possible nuclear and missile testing.
North Korea conducted live-fire artillery drills on Tuesday, the 85th anniversary of the founding of its million-person strong Korean People’s Army. On the same day, a U.S. guided-missile submarine docked in South Korea, and the USS Carl Vinson aircraft carrier is headed toward the peninsula for a joint exercise with South Korea.
The moves to set up THAAD within this year have angered not only North Korea, but also China, the country that the Trump administration hopes to work with to rid the North of nuclear weapons…
How business owners should time CPP and OAS
– moneysense.ca
Q: I retired recently, having just turned 65 years of age. I have not applied for CPP or OAS as yet because I had sufficient income in 2016 and did not need the additional income.
I do not have a private pension, but I do have the ability to draw dividends from a holding company which I own.
I do not need CPP or OAS at this time and I am able to live comfortably on what I draw from my holding company.
At what point would it be considered advisable to apply for OAS and CPP?
—Peter
A: Government pension planning is an important part of retirement planning for everyone, but particularly business owners. There are considerations that apply during the accumulation and the decumulation phases.
In the accumulation phase, Canadians with a corporation need to be drawing sufficient salary to contribute to and increase entitlement to the Canada Pension Plan (CPP) retirement pension. In 2017, the year’s maximum pension earnings (YMPE) limit is $55,300. So taxpayers need to have $55,300 of salary or self-employment income to make the maximum CPP contribution for the year and earn a full year of CPP pensionable service…
What business owners need to know about taking CPP and OAS
– canadianbusiness.com
(Tom Merton/Getty)I retired recently, having just turned 65 years of age. I have not applied for CPP or OAS as yet because I had sufficient income in 2016 and did not need the additional income. I do not have a private pension, but I do have the ability to draw dividends from a holding company which I own. I do not need CPP or OAS at this time and I am able to live comfortably on what I draw from my holding company. At what point would it be considered advisable to apply for OAS and CPP?
—Peter
Government pension planning is an important part of retirement planning for everyone, but particularly business owners. There are considerations that apply during the accumulation and the decumulation phases.
In the accumulation phase, Canadians with a corporation need to be drawing sufficient salary to contribute to and increase entitlement to the Canada Pension Plan (CPP) retirement pension. In 2017, the year’s maximum pension earnings (YMPE) limit is $55,300. So taxpayers need to have $55,300 of salary or self-employment income to make the maximum CPP contribution for the year and earn a full year of CPP pensionable service…
The Globe and MailSoftwood lumber tariffs will hit small firms hardThe Globe and MailB.C. Premier Christy Clark says the province will fight the punitive softwood lumber tariffs imposed this week by the United States, but industry leaders say the province should also be preparing plans to offer support for workers at risk of losing …Loonie drops to 14-month low but TSX up despite lumber disputeCTV NewsUncertain future: New tariff will hurt NB sawmills' bottom lineCBC.caNAFTA Talks Amid U.S.-Canada Trade Drama Could Get ComplicatedHuffington Post CanadaNational Post -Globalnews.ca -Hamilton Spectator -TheChronicleHerald.caall 551 news articles »
