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In a recent news article, the NDP government of BC has announced that they will be cancelling the first-time home buyers program. For those that were previously unaware, the first-time home buyers program allows people purchasing their first property to borrow up to 5%...

In a recent article from the financial post here, they talked about some statistics regarding Millennials. An interesting fact from the article is that “Just one out of three Millennials carries plastic, according to a Bankrate.com survey, compared to the majority of o...

Just like life, the market has its ups and downs. At any point in time, you’ll always be able to find news that says the market is doing well, or that the market is doing poorly. And after either a market boom or market bust, you’ll always hear people say “I knew it! T...

February 21, 2018

Have you heard of something called “Segregated funds”? Chances are, like most people, you haven’t. It’s quite unfortunate because, besides the many other well-known investment vehicles such as mutual funds, bonds, stocks, and others, segregated funds offer a lot of uni...

February 14, 2018

Near the end of 2017, on December 16th, bitcoin topped out at just over $19,000 USD per coin. Just last week, the price per bitcoin was around $7,000 USD. Why did it happen? If you search for an answer online, you’ll get a wide range of explanations. Including “the Lun...

Recently, the central bank of Canada (aptly named the “Bank of Canada”) once again increased the prime interest rate. In total, this marks the third increase of interest rates in the last year. “But how does a rising increase rate affect me?” you might ask. It’s quite...

Last week, we talked about some facts regarding RRSP. As a gentle, but firm reminder, the deadline for the 2017 RRSP contribution is coming up on March 1st. Now that we are all a bit more familiar with the RRSP (If you’re not, you can check out last week’s article) we...

With the new year comes new deadlines, and one of the deadlines coming up soon is the RRSP contribution deadline, on March 1st, 2018. Today, we’d like to talk a little bit about the RRSP, as it’s one of many strategies that we help our friends and clients incorporate i...

Some great news before the end of the year. CBC released an article talking about the CRA’s somewhat questionable actions regarding disability tax credit applications, specifically regarding those with diabetes. It seems like the publicity really helped the CRA move al...

December 21, 2017

If you’ve been following financial news in the past few weeks, you’ll probably notice a trend, which is essentially BITCOIN BITCOIN BITCOIN BITCOIN. The reason for this is that bitcoin has recently begun trading on the Chicago Mercantile Board (CME), making it even mor...

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