Time to Hold a Family Financial Meeting?

Time to Hold a Family Financial Meeting?

October 23, 2023 When thinking about family gatherings, you might focus on special occasions like holiday meals, birthday parties and anniversary celebrations. These are all good reasons to bring generations together, but there’s another gathering that’s equally...

Take Advantage of High Interest Rates

Take Advantage of High Interest Rates

October 16, 2023 Central banks in Canada and the U.S. have raised interest rates very aggressively over the last year to fight soaring inflation, putting a significant amount of strain on borrowers. But high interest rates have a silver lining: they give savers and...

Paying for Post-Secondary Education

Paying for Post-Secondary Education

Higher education provides many benefits to students, such as building a career foundation, expanding social skills and learning responsibility. However, this education can come at a steep cost. The price tag will depend largely on whether or not your child attends a...

Invest in BC Bud?

Invest in BC Bud?

Three years ago this was not a thing.  You could not buy a company that was preparing to sell marijuana(mj) for recreational use. Now there are mj farms, dispensaries, accessories manufacturing and bi-product formulations being crafted for beverages and consumables....

Financial Health Check 2017

Financial Health Check 2017

We have entered the tax filing period for personal income tax.  If you read our last two articles you would have considered tax loss selling in 2016 and maybe even made some charitable donations to take advantage of graduated tax credits while preparing your 2016 tax...

Suddenly Single

What if your partner suddenly dies? Besides having to grieve you are now responsible for taking control of the finances. Think about it!  What would that look like? Would you have the resources to continue to live in the same home? It goes without saying that a...

RRSP or TFSA

Which plan should you invest in for your future?  In every case the answer depends on your personal situation.  Your age, residency, citizenship, income, marital status, dependant status, housing status, health status, disposable income status, and debt levels will...

Making the Most of Charitable Donations

Everyone has their own reasons to give charitably, so this article will focus on making the most of your donations for tax purposes. Donation credits are two tiered in our tax system.  All donations are considered non refundable tax credits.  For British Columbia...

It’s Not Going to Happen to Me

It's Not Going to Happen to Me by Mark Nichol Procrastination and avoidance are two things that you don't want to be remembered for. What happens when you are mentally incompetent and have no Power of Attorney (POA) or you die without a valid Will. Since you won't...