Almost on a daily basis across Canada, we are hearing news reports about how expensive life is becoming. It just seems as if today’s financial news isn’t very positive and it’s hard to know when things will improve. But there are adjustments we can do right now to manage these increases and calm [...]
Third Quarter 2022 Review Presented by Mackenzie Investments Click here to read more.
The CEIRP investment committee has worked hard to create a retirement plan that manages risks when markets go down. Our plan offers the Cadence Target Date Fund and the Portfolio Target Risk Funds managed by Portfolio Solutions Group (PSG), which is a subsidiary of Canada Life. Both funds are well-diversified because each are managed [...]
Now that school is back in session, here’s a quick reminder of how the Registered Education Savings Plan works: It is a tax-sheltered account to save money for a child’s education Parents, grandparents, guardians, family members and friends can open an RESP It provides grants (CESG) and various other incentives Individual and family [...]
If you and/or your spouse/common-law partner are thinking about going back to school, you can fund it by withdrawing $10,000 annually, up to a $20,000 maximum, from each of your RRSPs. Once you have finished your studies, you have ten (10) years to redeposit the amount you loaned yourself back into your RRSP [...]
August 2022 Report Presented by Mackenzie Investments Click here to read more.
July 2022 Report Presented by Mackenzie Investments Click here to read more.
If you were looking to rent a new apartment, would you know how to check your credit score? Even if you’re not looking to move, having an idea of where you stand with your creditors is another part of having a solid financial plan. The good news is that you can download a [...]
Ask any financial planning expert and they will likely say that paying yourself first should be a priority for everyone. Even if you’re putting away a few loonies into a savings account each month, it does add up over time. Consider also putting a bit each pay or each month into your CEIRP [...]
Whether you’re an avid investor or someone who wants to start dabbling in the world of finance, the market has seen and continues to see its fair share of highs and lows and ebbs and flows. And here’s something to consider: Even though investing can feel like an emotional (and monetary) rollercoaster ride, it’s [...]
