The title of this post was a recent client question. It is a timely question, and what follows will expand on the diagram. The Canadian Securities Administrators(CSA) create policies which govern the investment industry in Canada. These policies are called National...
The Tax Free Savings Account(TFSA) may have been deliberately misnamed. The point of a TFSA is to invest as opposed to save. Do you know the crucial difference? Growth within a TFSA is not taxed. Nor will you pay tax on any withdrawals from a TFSA. This is unlike a...
I recently had a rather spirited discussion about how the Bank of Canada’s recent rate decrease would affect my clients. The other party to the discussion was adamant that what was good for the macro economy would be good for the participants in that economy,...
The motivation to begin this blog stemmed from a conversation with an accountant who is one of my resources. I had wanted her to confirm a tax fact for me. She did not know the answer, which surprised me. In my mind accountants were supposed to know more about tax... 
