Hydro One shares down after Ontario government says CEO, board out Jul 14th

Not sure how to make a retirement plan? Read on…
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 retirement savings

Is it best to own a first home as an income property or primary residence? + MORE Jun 1st

 Q. I would like to know whether it is better, financially speaking, to own my first house as an income property, or as my primary residence in Ontario. I am single, living with my parents, earn a steady income and have $80,000 in savings. I’ve already purchased a new-construction freehold townho.... More »
 registered retirement savings plan

What it’s like to work with a financial advisor + MORE Apr 6th

If you’re like many Canadians, you’re probably weighing working with a financial advisor. Maybe you’ve just gotten married, started a business, expanded your family or come into an inheritance, or you’re planning your financial future as you approach retirement. A financial advisor can be.... More »
 canada pension plan

How to model retirement income in Canada Feb 15th

Ask MoneySense I am retired early at 58 years old. My wife is 56 years old. We live on a Christmas tree farm, which was paid for years ago.  I have a work pension, and my wife was bought out for her pension.  We have considerable RRSPs, farm income, and farm property. Where do w.... More »
retirement

Planning to cash in on your home to help fund retirement? Here’s how to do it right + MORE Dec 14th

Elizabeth and Charles have a home worth about $1.3 million. They’re considering selling and downsizing to a smaller unit to bulk up retirement savings. We ask experts for advice on the right move..... More »

Could selling a vacation property affect government pensions? Sep 7th

Q. I was wondering what would happen if I sold my mobile home this year for $100,000. Currently, I receive Canada Pension Plan, Old Age Security and Guaranteed Income Supplement benefits totalling about $1,800 a month. Would the sale affect my pensions? –Colleen A. When you sell what is known as â.... More »
Shares of Hydro One Ltd. slid Thursday with some analysts sounding warnings of greater uncertainty after the new Ontario government announced the retirement of the electrical utility’s chief executive and the replacement of its board of directors.

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