There are years when many of the federal budget items passed don't really affect most Canadians' personal finances. This year isn't one of them. We'll break down the budget points, how they'll affect the average Canadian, and when they'll be in effect (if known)....
Canada's latest federal budget, in an effort to help Canadians enter the homeownership market, introduced the First-Time Home-Buyer's Savings Account, or FHSA for short. Available in 2023, this new account will offer a purpose-driven tax-sheltered investment...
While there has always been an effective case for investing and having your money work for you to grow your wealth, when we see inflation rising and overall positive market performance, it makes even more sense. It was reported that the Consumer Price Index (which is...
Inflation, for many, can be an invisible economic culprit affecting our bank accounts without us even realizing it. Inflation: the general increase in prices and fall in the purchasing value of money While inflation in economic terms is defined simply above, it's...
This week saw the release of Canada’s federal budget – the first in 2 years. With the pandemic still surging, it was no surprise that a large focus of the budget was on continued recovery spending and stimulus. Most notably, and what’s catching many of the headlines,...
Today in Canada, we recognize Bell Let’s Talk Day. This is a day where a hashtag can raise money for mental health programs across Canada, with the encouragement to talk about mental health in an effort to end the stigma. So let’s talk about mental health. It’s my...