Oct 8, 2019
Leverage Ratio | Debt to Equity Ratio
Leveraging vs being debt free
This is something that some folks struggle with. You're borrowing to invest.
Are you going to make more in the investment world than you're paying off in your interest?
We advise people on leveraging and whether it is something they should be doing....
Oct 5, 2019
RRSP Investment Options
You want to avoid putting the wrong type of investments in an RRSP. You’ll end up paying a fee and you’ll have to pull the money out. There's consequences and taxes on that because CRA doesn't like it.
Let’s look at what you can and can't put in there.
If you received a letter from CRA and...
Oct 2, 2019
Inheritance Tax
Inheritance tax in Canada
Canada, unlike the U.S., does not have an inheritance tax. In the U.S., the inheritance tax you’ll end up paying depends on your income and where the beneficiary lives.
In Canada, there could be some estate administrative taxes or some probate fees charged on the estate...