In Other News
Canada’s inflation rate reached 6.8% as of April 2022, a huge jump compared to the 1.3% and 1.9% recorded in 2021 and 2020 respectively.
When planned carefully, making charitable contributions by gifting life insurance can further reduce the after-tax cost of giving from the base-case scenario.
It’s easy to walk into a bank branch or contact a discount brokerage, open an investment account, deposit money and buy investment products. People buy stocks, mutual funds, GICs and bonds every day in investment accounts, but the question is: what’s your plan?