Elevate your wealth

Here are some strategies to help you minimize tax as 2020 winds down. 1) Charitable Donations Donating to a charity during these difficult times not only directs your funds where you think they are most needed, but it also has additional benefit of tax savings. Amounts over $200 to a registered charity qualify you for […]

Many of us contribute our hard-earned dollars into our RRSPs so that we can retire comfortably one day. Because of the taxation of RRSP withdrawals, money contributed should stay inside the RRSP until you are retired and in a lower tax bracket. This makes these funds somewhat illiquid. But what happens if you get sick […]

Market & Economic Environment  Global equities declined in October, posting their biggest weekly drop since March in the last week of the month. Risk appetite was hampered by lockdown measures in some countries that were necessitated by surging coronavirus cases, as well as uncertainty surrounding a potential U.S. stimulus deal. The TSX Composite fell 3.4% […]