It's Your Money

COVID cash conundrum

Jul 26, 2021 / 6:00 am

While many Canadians have faced financial hardships during the pandemic, there are many others who have amassed considerable savings during this same period....

How to make more money

Jul 19, 2021 / 6:00 am

You may have some ambitious plans for building your retirement nest egg, making a big purchase such as a second home or doing some ambitious travel....

Restarting after a divorce

Jul 12, 2021 / 6:00 am

Separation and divorce are painful and exhausting – and also expensive. After a marriage ends, you need to restart your life with separate finances and a...

Working from wherever

Jul 5, 2021 / 6:00 am

Almost one and a half years after working from home became a thing, many employers have embraced an environment where employees can continue to work from home...

Should you incorporate?

Jun 28, 2021 / 6:00 am

If you’re like most unincorporated small business owners, you’re likely contemplating these thorny questions: Should I incorporate? If so,...

Passing biz to your children

Jun 21, 2021 / 6:28 am

Child taking over family business It’s almost time to pass on your family business – but is your family ready to take it on? There always comes a...

Vacations good for health

Jun 14, 2021 / 6:00 am

With the world opening back up, travel seems to be at the forefront of everyone’s minds these days. Pent up demand, vacation days and, I hope some extra...

Power of attorney 2

Jun 7, 2021 / 6:00 am

In last week’s column, I talked about the reasons you should setup a Power of Attorney (POA) document – and why you need to do it right away. But...

Get a power of attorney now

May 31, 2021 / 6:00 am

A key component of any well-constructed financial plan is to make sure you have an up-to-date power of attorney for financial decisions. This is a document...

Getting U.S. pensions home

May 24, 2021 / 6:00 am

There are many Canadians who at some point, choose to work in the U.S. But their return to Canada brings with it some financial challenges. While working south...

Dealing with dementia

May 17, 2021 / 6:00 am

If you are concerned about what to do if you or a loved one is starting to experience memory loss or a decline in decision-making capacity, here are a few...

Should you sell in May?

May 10, 2021 / 7:32 am

Every May the same old question comes around in the investment world: should you “sell in May and go away?” While this adage has been around for...

Don't waste your tax refund

May 3, 2021 / 6:00 am

The 2020 tax filing deadline has now passed and if you are like most Canadians, you probably waited until the last few days to send it in. If you submitted your...

Did the budget help you?

Apr 26, 2021 / 6:00 am

The Liberal government released it long overdue federal budget on April 19. While there is not enough room here to go into detail on each item contained in the...

Inheritances for disabled: 2

Apr 19, 2021 / 6:27 am

In last week’s column, I started the conversation on leaving inheritances to people living with disabilities by reviewing Henson Trusts. In the second...

Inheritances for 'disabled'

Apr 12, 2021 / 6:00 am

If you leave money or assets to a loved ones with disabilities, be sure to consider how that might impact their other financial resources, such as social...

Income tax during COVID

Apr 5, 2021 / 6:00 am

This year’s tax filings will likely prove move complicated for many due to pandemic-related benefits and work from home adaptations. Although Canadians...

No-retirement plan blues

Mar 29, 2021 / 6:00 am

Are you into your 50s with no retirement savings to speak of yet? If so, you are not alone. I read somewhere recently that only 54% of “boomers”...

Rich also buy life insurance

Mar 22, 2021 / 6:00 am

Popular wisdom suggests that as people accumulate wealth their need for life insurance decreases. However, permanent life insurance is a financial tool with...

Passing the family cottage

Mar 15, 2021 / 6:00 am

The family cottage can be the most coveted, yet challenging part of many people’s estate plans. Many family members will have countless memories at the...