You’ve probably seen or heard advertisements for firms that offer wealth management services, and you may have wondered just what that is. Or maybe you already have a picture of…
What is a spousal loan? A spousal loan is exactly what it sounds like: one spouse (legally married or common law) lends the other funds. Using this type of loan…
What is the principal residence exemption? The principal residence exemption is an Income Tax Act provision that reduces or eliminates taxable capital gains that would otherwise be realized on the…
by Aaron Broverman When you’re in a long-term relationship, living together and sharing expenses, having to constantly transfer money to each other can leave you considering merging your accounts. But…
When you first meet with a new financial advisor, you should not find yourself on the receiving end of a high-pressure sales pitch. Your new advisor should not be trying…
by Augusta Dwyer For a telling example of the adage “shirtsleeves to shirtsleeves in three generations” – meaning that wealth gained in one generation will be lost by the third…