January 2021 Book a Meeting
 
 
Your TFSA in 2021. What Can You Contribute?

When it comes to flexible investment tools, there’s nothing quite like a Tax-Free Savings Account (TFSA). This registered account allows you to hold not just savings but also investment equities like stocks, bonds, mutual funds and GICs.

All of your investments grow tax-free in a TFSA. What’s even better? You’re not taxed when you make withdrawals, and you can reinvest that amount in future years.

If you’re thinking about contributing to a TFSA in 2021, that’s excellent news. However, you may be a bit confused about how much you are allowed to ...

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Post-Holiday Debt? You’re Not Alone

"This is the last time I’m starting a new year saddled with credit card debt," says Tiffany, a 48-year-old computer analyst. "I’ve said this every January for the past five years. This year, I’ve got to keep this promise to myself. I don’t want to spend another 12 months catching up, only to fall behind all over again. I can’t take this stress anymore."

Tiffany’s resolve for a healthier financial future isn’t...



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Helping Adult Children Buy A Home

With the average price of a home in Canada costing roughly $530,000 in 20201, it’s getting harder for first-time buyers to enter the market. This is likely why a growing number of parents are stepping up to help their adult children purchase a home.

While it’s admirable to offer this level of support in an increasingly expensive world, it’s also a complex decision that both parents and their adult children should...



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I have not failed. I’ve just found 10,000 ways that won’t work.
Thomas A. Edison
 
The information provided is general in nature and is provided with the understanding that it may not be relied upon as, nor considered to be, the rendering of tax, legal, accounting, or professional advice. Readers should consult their own subject matter experts for advice on the specific circumstances before taking any action. The opinions expressed are those of the owners and writers only. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus of the mutual funds in which you invest. Mutual Funds and Segregated Funds provided by the Fund Companies are offered through Worldsource Financial Management Inc., Other Products and Services are offered through Cremasco Financial Inc.
 
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