What is your RSP action plan for 2022? The government allows you to put money into your RSP up to 60 days into the following calendar year to be used towards your previous year's...
A capital gain occurs when you invest in something and it goes up in value. Alternatively, a capital loss is when you make an investment and it goes down in value.
To help my clients with educating their children and grandchildren about money, I have put together a list of key ways you can get them started. Here are six things that young people can do to develop the necessary financial literacy skills that will carry them through to adulthood.
What I love about this program is that there's money from the government to help pay for the kid's education, but there's also an income-splitting opportunity you can look at, which allows that future tax liability of the grant and income to be taxed in the student's name, not in yours.