Statistics Canada data released in September 2017 shows that clients are embracing retirement savings accounts. According to the data, nearly two-thirds of Canada’s 14 million households made some form of retirement contribution in 2015. About 40% of households contributed to a TFSA, 35% to an RRSP and 30% to a registered pension plan. Almost 10% […]
Many retirees seem to have a hard time shifting from saving to spending
Many retirees seem to have a hard time shifting from saving to spending
Consultations extend into 2018
Investors can breathe a sigh of relief, but there are still unanswered questions
Advisors waiting for CRA to clarify how it will treat registered fees paid from open accounts will have to wait a little longer
What to do to minimize penalties
Canadian investor confidence in mutual funds is on the rise, reveals the latest Manulife investor sentiment index. Overall, confidence in mutual funds increased to 22% in December 2016, up from 11% in November 2015. Similarly, IFIC reports an increase in mutual fund assets of $133.2 billion, or 11%, between January 2016 and January 2017. Read: […]
Winter is ending.
And next year might be worse.