It is that time of year again when attention turns to RRSPs and tax planning. This year’s contribution deadline is March 3rd, 2014 if you want to deduct the contribution against your 2013 income tax return. The purpose for making an RRSP contribution, from a financial strategy perspective, is to build savings and assets over […]

Ottawa dropped Estate Taxes over forty years ago. All the provinces did away with Succession Duties by 1985. We thought that was the end of taxes arising at death. We were wrong. Ask yourself these questions: Do you have an interest in a pension plan, or an RSP? Do you own property on which you’ve […]

In the mid – 1960s conventional wisdom or motherhood for retirement planning said that you should take all of your investments and put them into government bonds or fixed income type products. The thinking was that you could not afford to take any ‘risk’ in your retirement years. Thus it was believed that guaranteed investing […]