4 Reasons to Max Out Your TFSA

With the recent updates that have come to the Tax-Free Savings Account for 2019, we thought it would be beneficial to discuss TFSA's in more detail. Before we get into recent events and benefits surrounding TFSA it would be worthwhile to look at the history of TFSA's. Tax Free-Savings accounts started in 2009, and originally had... Continue Reading →

The Harsh Reality of Student Debt

As some of you may have noticed, we took a short break from our weekly blog for the warm summer months. We are now back to business as usual and will be posting regularly. Picking up where we left off, we previously released a couple posts shedding light on the crippling effect of the Canadian... Continue Reading →

Are The Posted Inflation Rates A Lie?

Inflation is a key factor when evaluating an economy. If inflation is at abnormally high levels, there are many negative side effects. These side effects may include the BoC (Bank of Canada) raising interest rates, which as we know, decreases the purchasing power. Inflation can be defined as a 'sustained increase in the general level... Continue Reading →

Auto-Loan Delinquencies

Last week we talked about credit-card/consumer debt, and how those debt figures seem to be trending higher year after year (click here to read that post). This week, we want to look at another contributor to increasing debt figures. Since 2012, the number of outstanding auto-loans is up by 57%. GDP growth over that period... Continue Reading →

How To Start Saving For Retirement

Last week we talked about Generation X and the tendency for them to be the overlooked generation. We also established that the average Gen Xer was rather ill-prepared for retirement relative to their stage of life. If you missed that blog post you can read it here. For those of you that felt uncomfortable thinking... Continue Reading →

The Canadian Mortgage Conundrum

If we look back at recent history, we can all remember the global economic crisis of 2008. Of course, many of us know that this crisis was triggered by a bubble in residential housing propped up by the availability of sub-prime mortgages. The collapse of the housing market had such a widespread effect that there... Continue Reading →

Bitcoin Part 1: The Beginners Guide

Most of you will have seen Bitcoin and Cryptocurrency headlines in the mainstream media popping up more frequently in the last few months. We have fielded several questions from clients asking if Bitcoin is a good investment. Personally, I have been following Bitcoin since 2010, and have been keeping a keen eye on how it... Continue Reading →

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