Seminar on Socially Responsible Investing (SRI) – May 25, 2017

We are planning an information session on Socially Responsible Investing (SRI) for Thursday May 25 at 5:30pm, Orangeville area, venue TBD. SRI is the process of making investment decisions using traditional analysis while also evaluating impacts on environmental,...

RRSP contribution deadline is March 1st 2017

Contributions made to an RRSP in the first 60 days of the year can be used to reduce income in the previous tax year. Before contributing, be sure to review your Notice of Assessment from CRA to determine how much contribution room you have available.

TFSA annual contribution room for 2017 is $5500

Another $5,500 of TFSA contribution room has been added for all Canadians age 18 years of age and older. Canadians could have as much as $52,000 of accumulated TFSA contribution room. Always check your contribution room with your advisor or with CRA before adding to...

July 2016 Newsletter

Click here to view our July newsletter. Inside you’ll find the mid-year market update, details on the UK leaving the EU, information on the new Canada Child Benefit and an article on how smoking can impact insurance premiums.

TFSA Contribution Changes (again) 2016

With the new Liberal government coming into power, the TFSA contribution limit for 2016 has been lowered back to $5,500. The $10,000 for 2015 remains in place. Here is a summary of contribution room since TFSAs started: 2009 to 2012: $5000 each year 2013 to 2014:...

RRIF Withdrawal Rate Changes

The 2015 Federal Budget has proposed changes to the minimum RRIF withdrawal rates. Generally speaking the RRIF rates for age 71+ are being decreased. For example: at age 71 the previous minimum withdrawal amount was 7.38%. With the announced changes the new rate is...

Mortgage life insurance may not pay

Some more examples of the pitfalls of mortgage life insurance and why it's better to get a life insurance policy independently from your lender. Click here to view Ellen Roseman's (Toronto Star) recent article.

Deductible Health Plan for Small Business

Do you own a small business? If you are incorporated or self-employed with at least one non-family member employee, you can make your and your employees health expenditures deductible. Click here to learn more about FlexSave from HUB Financial.* Contact us for...

July 2014 Newsletter

Click here to view our July newsletter. Inside you'll find our regular market update, three estate planning priorities and important tax information for US persons.