Holiday gifts, charitable donations, winter travel. There’s no doubt that the festive season is here. Ernst & Young is offering Canadians twelve days of tax tips, starting today. On the first day, forget the partridge in a pear tree. Instead pay tax-deductible expenses before the end of the season. A variety of expenses can only [...]
Canadian politicians aren’t the only ones who face difficult choices to address the demographic impact of an aging population. Baby boomers themselves are increasingly feeling the pinch as they struggle to generate enough cash flow to fund the lifestyle they dreamed of in retirement. “The biggest challenge for our clients and investors generally is to [...]
When Canadians hear the word investing, the first thought they have is stocks (17 per cent). When they hear savings, it’s cash (28 per cent) and almost half of Canadians (46 per cent) say they find it easier to save than invest, according to a recent Scotiabank study conducted by Harris/Decima assessing the saving and [...]
The federal government has suspended a new provision that could deprive vulnerable senior citizens of benefits designed to keep them above the poverty line. Human Resources Minister Diane Finley said she was concerned about the impact on seniors from a 2010 change on rules governing lump-sum withdraws from registered retirement income funds, known as RRIFs. [...]
View the video here on your mobile device. Founded in 1986, London and Capital is a well established asset management firm based in New York and London that currently manages around three billion dollars in assets. That in itself is not unusual, but what is unusual is that they have a division in their company [...]
If you could be 25 again, what would you do differently with your money? Save more each month? Pay off your debt? Open an RSP? The TD Gen X / Gen Y Poll, which compared investment attitudes of the two age groups, found these to be the top financial decisions Canadians would make differently if [...]
Daughters learn many life lessons from their mothers but investing is not necessarily one of the lessons. In fact, three-quarters of Canadian women feel that they are savvier investors than their mothers were at the same age. This is according to the 10th annual TD Waterhouse Female Investor Poll which surveyed women aged 45 to [...]
Canada’s millionaires are worried about the next generation’s financial future with 58 per cent believing their children will have a more difficult time making it financially than they did, according to new research by RBC Wealth Management. Furthermore, almost half (49 per cent) of those surveyed are concerned about their children’s readiness to successfully manage [...]
More than two-thirds of Canadians in a national survey rank being debt-free among their top financial priorities, yet close to half feel they lost ground or only held steady in the past year in their struggle to reach their goal, according to an online poll of 1,000 Canadians. “Becoming debt-free is a goal that most [...]
A major national survey of working Canadians shows that employees continue to live paycheque to paycheque. They are concerned about how interest rates and the economy will affect their personal finances and retirement. The 2nd annual National Payroll Week Employee Survey, conducted by the Canadian Payroll Association (CPA), found that: - The majority of Canadian [...]
TD Asset Management Inc. (TDAM), the manager of TD Mutual Funds, announced that on July 21, 2010 the TD World Bond Pool was changed to the TD Income Opportunities Pool. The new name provides improved clarity and better reflects the mandates of the Pool. There will be no change to the Pool’s investment objectives. Print
Canadians who have engaged in comprehensive, integrated financial planning are significantly more optimistic about their personal wellbeing as compared with those who have not. People with these types of plans also feel better prepared to deal with financial emergencies and manage through difficult economic times, and are more confident about reaching a wide spectrum of [...]
Almost half of pre-retired Canadians above the age of 45 are not fully prepared for a comfortable retirement, according to the results of a survey. In the Ipsos Reid survey commissioned by the Canadian Institute of Actuaries (CIA), specific results for pre-retirees include: – Only 45 percent agree that they are confident in their financial [...]
View the video here on your mobile device. Ian Quigley: Well, it’s a dangerous game to make stock market predictions and I really don’t encourage financial planners or insurance agents – or really anybody – to make predictions about the stock market. But I can tell you that we can certainly reassure our clients that [...]
View the video here on your mobile device. Released on March 4, 2010 and coming in at over 330 pages, the budget it was touted as “Part 2” of the Canadian Action Plan on Economic Growth. It was entitled, “Leading the Way on Jobs and Growth” and in a pre-release statement Finance Minister Jim Flaherty [...]
View the video here on your mobile device. Ian Quigley is a partner and senior consultant with innovative financial advice firm Qube Consulting. He is an expert in investment, insurance and tax strategies and has developed numerous on-line courses dealing with these subjects. In part 2 of a three part series, Ian looks at the [...]
View the video here on your mobile device. Before we look ahead to 2010, let’s take a second and look back at where we’ve come from. That will give us context. 2008 left investors down a fair bit. The TSX was down 33% in 2008. That really tied us for one of the worst years [...]
