Reports: Canadians Contributing Less to RRSP; Looking Past Deadline
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Reports: Canadians Contributing Less to RRSP; Looking Past Deadline

36% of Canadians are reportedly not planning to contribute to their RRSPs this year, and 17% are still undecided, even though the March 1st deadline for contributions is quickly approaching. If you want to receive a refund on your 2017 taxes… Continue reading »

RRSPs: Your Essential Questions Answered
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RRSPs: Your Essential Questions Answered

At this time of year, it seems like the financial world is awash with information on what is a Registered Retirement Savings Plan (RRSP), the benefits of having one, and how to start one. But there are still a few planning points that Canadians either aren’t aware of or don’t know how to fully put to use… Continue reading »

3 Reasons Why You Need to Contribute to Your RRSP… Now
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3 Reasons Why You Need to Contribute to Your RRSP… Now

Why is everyone always rushing to contribute to RRSP this time of year? Does it makes financial sense for you to make a contribution before the March 1 deadline? And what does this deadline mean? Find out how much you extra money you can save and make by… Continue reading »

Almost Half of Canadians Living Paycheque to Paycheque; Atlantic Canadians Struggling the Most: Report
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Almost Half of Canadians Living Paycheque to Paycheque; Atlantic Canadians Struggling the Most: Report

Living paycheque to paycheque may not sound ideal, however it is a stressful reality for many, as shown in a new survey from the Canadian Payroll Association (CPA). The CPA found almost half of employed Canadians would struggle if their paycheque was delayed… Continue reading »

RRSP Penalties: Fewer Canadians Contributing
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RRSP Penalties: Fewer Canadians Contributing

More than a third of all Canadians are withdrawing their RRSPs early, with many using the money to pay down debt or for basic living expenses, according to BMO’s annual RRSP study. At the same time, fewer Canadians plan to contribute to RRSPs this year in comparison to last. Continue reading »

The First Key to Financial Success: Becoming Financially Literate
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The First Key to Financial Success: Becoming Financially Literate

A new year provides the perfect opportunity to mentally give yourself a clean slate and get a handle on your finances. Are you planning on saving more this year? Investing? Paying off debt? No matter your resolution, you first need to gain a clear understanding of where you stand financially. And in order to do so, here are a few things you should know so you can best leverage your hard-earned dollars. Continue reading »