Taking Money Out of an RESP Source: BMO Global Asset Management So, your child has graduated from high school,and soon they’ll take the next big step in life byheading off to college or university. Fortunately,you’ve planned for this day by contributing to aRegistered Education Savings Plan (RESP). Maybeyour child has decided not to go to […]
The new year always brings changes. We join fitness classes to change our bodies. We clean our homes of clutter to clear our minds. And we make new resolutions to change our lives. There are some changes we have no control over, however, and that’s changes to income tax laws. What may have been a […]
With the beginning of each new year comes the time we set goals for ourselves. We promise to join a gym – this is the year we’re going to run a half-marathon or learn a new language – this is the year we’re going to work in a foreign country or just be more present […]
Ever wondered where your fees come from? Find out exactly how most financial advisors get paid….
With only 8 weeks left for holiday gift buying, shoppers everywhere are flooding the stores looking for that perfect gift. If you’re like me, you start each holiday season with the best intentions by making a list that you swear you’re going to stick to. Procrastination and busy schedules however keep us from sticking to […]
If you’re lucky enough to have a company pension – something few of us can claim to own – then you may already be aware of the options you have when you decide to leave your employer. Whether you leave your employer at retirement or you terminate your employment for other reasons, if you have […]
As parents we worry about our children’s future from the moment they are born. We naturally want what’s best for them and that includes the opportunity to get the best education possible. Many parents start planning for their children’s future financially. It’s not enough to want little Susie or Bobby to go to med school […]
What are life’s unexpected expenses that could leave you in the red? An unusually cold and wet winter could mean leaks in your 20-year-old roof or worse still water in your basement. An extremely hot summer and your central air breaks down from over-use. That’s also around the time your car decides it needs a […]
Last year the Ontario government announced it would be making big changes to OSAP – for the better! – for students starting or returning to school in the fall 2017/2018 academic year. The changes will make it more affordable for students to attend post-secondary institutions. For students with lower incomes the new OSAP will make […]
The financial news has been buzzing with talk about Bitcoin lately. It feels like everywhere you turn – whether it’s social media or your child’s class orientation meet and greet people are talking about this trending topic. Is it just a trend or is Bitcoin to currency what Google is to search engines? WEALTHplan has […]