In Other News
Reaching your financial goals takes work, but thankfully, government tax-sheltered savings accounts can help you excel toward your goals. Most notably, these types of savings vehicles can defer or help you avoid being taxed on investment earnings and compound interest, and reduce your taxable income.
Do you have a personal income tax strategy? Having an effective tax strategy is a key to financial success, both in saving for retirement and achieving future goals such as buying a home and paying for your children’s post-secondary education.
A lot has changed over the past few years, with rising inflation, interest rates, and the erosion of housing affordability. What remains unchanged is the December 31 deadline for capital property transactions.
November is Financial Literacy Month and it’s as exciting as it sounds. As we get ready to close off the year, it’s important that we dedicate some time to review our financial health and take the right actions to end the year in a strong financial position.