Financial Planners & Advisers Will Require Certification

In Ontario, people who now call themselves Financial Planners or Financial Advisors will soon require certification. Timea Sarkozi 5 June 2019 The Province of Ontario recently passed a law that requires anyone who calls themselves a Financial Planner, or Financial Advisor, to have the proper credentials. The Financial Services Regulatory Authority of Ontario (FRSA), an […]

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Happiness Equals

It’s an interesting concept that financial planning has a lot to do with happiness, both current and future, and I’m always amazed at how different people are in this regard. Some people don’t need much in the way of material wealth to define them as happy. Others choose more lavish lifestyles. Neither end of the […]

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Tax Strategies of the Wealthy

A recent study showed that wealthy Canadians have a very different approach to tax planning than other Canadians. The study assessed Canadians’ attitudes towards tax planning, revealing that Canadians are half as likely to focus on maximizing their tax refund. Their primary focus is to minimize the amount of tax they pay. When reviewing tax […]

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Got a Hole in Your Bucket?

When advising people on how to structure their finances, we often ask people to visualize their accounts as buckets. So you may have a vacation bucket, a kids’ education bucket, a retirement bucket… you get the idea. What we really mean, of course, are accounts. Included in this inventory list of buckets are the everyday […]

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