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Should Canadians keep their investment accounts when retiring abroad? Jan 23rd
Ask MoneySense
If I retire in Europe, can I maintain my current investment accounts and is it tax efficient to keep my accounts in Canada or move them to Europe?—Aida
How non-resident retirees are taxed in Canada and abroad
Canadian residents are taxable on their worldwide income. Upon .... More »
'You win games with guys like that': Sherwood shines as Canucks bounce back - Sportsnet.ca Dec 17th
'You win games with guys like that': Sherwood shines as Canucks bounce back Sportsnet.caCanucks take on the Utah Hockey Club after Sherwood's hat trick SooTodayInstant Reaction: Sherwood’s first NHL hat trick propels Canucks to 3-1 win over Avalanche Canucks ArmyFe.... More »
Single, no pension? Here’s how to plan for retirement in Canada Jul 3rd
Being single in retirement has some financial obstacles. Some people are single as they enter retirement. Others become single due to divorce or death prior to or after retiring. Here are some considerations for planning your retirement as a singleton, especially if you have no defined benefit (DB) .... More »
Stock market news for investors: Canadian banks report Q1 earnings + MORE Feb 28th
Companies that reported earnings this week
BMO
Scotiabank
National Bank
CIBC
RBC
TD
Laurentian
Also read
.... More »
HISAs vs. bonds and GICs: Where should Canadians hold their cash? + MORE Dec 18th
“Bonds are back,” you may have read on a financial news site or heard a financial advisor say recently. True enough, money is flowing into these fixed-income investments at the highest rate in years, and for good reasons.
In fact, Canadian savers have an abundance of good choices right now f.... More »
How important are wills and estate planning for Canadians?
– moneysense.ca
In Canada, estate planning is often seen as a formal and complex task reserved for the wealthy. However, it is not like a scene right out of the Knives Out movie franchise, and of course your family doesn’t want any of the drama. That is why estate planning is crucial for Canadians of all ages, backgrounds and incomes. It empowers you to control the destiny of your assets, protect your loved ones and ensure that your final wishes are respected. And it doesn’t leave your family with questions about what they should do and how to do it.
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Wills and estate planning are a gift to your family
Estate planning is the gift of peace of mind to your family in so many ways. It provides clarity to your loved ones during an already difficult time. By creating a well-thought-out estate plan, you alleviate the burden from their shoulders for making critical decisions about asset distribution, guardianship of children and healthcare. In addition, your family can find solace in knowing your wishes are documented, and they can focus on grieving and healing rather than navigating complex legal and administrative matters, from organizing a funeral to closing bank accounts…
