On the seventh day of tax tips, look at loaning money to your spouse or common-law partner and splitting the income
Category: Financial Planning
Some economists have suggested a growing proportion of older Canadians can’t afford to retire after seeing their savings hammered by financial market turmoil
“Just over 60 per cent of Canadians do not have a workplace pension plan. Canadians work hard to realize their retirement dreams, and PRPPs will offer them a new, low-cost and accessible pension option to help meet their goals,” said Minister of State for Finance Menzies
After the stock and bond market turmoil this year, it’s more important than ever to reassess your risk tolerance. The issues that have sent the Toronto Stock Exchange down nine per cent so far this year – including slow economic growth and indebted governments – will continue to dominate headlines in 2012
“Losing money is part of investing. You don’t expect everything to go up. And taking your loss when you made a mistake is a good idea, not trying to get even before you get out.”
Wealthy Canadians are getting access to a retirement benefit that was intended for the elderly poor, suggests a new report on the country’s retirement-security system
The website, at investnorthwestbc.ca, aims to connect potential investors with an estimated $15 billion in projects planned over the huge area from Dease Lake south to Smithers, Kitimat and Haida Gwaii.