Learn and grow

Home/Learn and grow
Learn and grow2019-03-12T13:18:22-04:00

Combining your other investments into CEIRP

One way that you can make the most of the CEIRP plan is to consolidate your other investments into CEIRP. Not only will you be able to take advantage of our well-managed investment funds, you can also take advantage of our low fees, which means you invest more [...]

By |15/11/2022|Categories: Learn&Grow|Comments Off on Combining your other investments into CEIRP

Managing your NRSP to RRSP Transfers Yourself is Easy!

One of the most common calls that the Canada Life call centre receives is about transferring money between a Non-Registered Savings Plan (NRSP) and Registered Retirement Savings Plans (RRSP), especially near the end of the year. Now members can manage the process themselves by downloading the transfer form [...]

By |15/11/2022|Categories: Learn&Grow|Comments Off on Managing your NRSP to RRSP Transfers Yourself is Easy!

On behalf of the AFC: SmART Retirement Workshop

Here is an event that will be of interest for all members: The AFC presents: SmART Retirement Workshop Tuesday, November 8, 1-3 pm (ET) Free on Zoom Retirement can be daunting. For many of us, it looms in the distance as a hazy orb of confusion. When will [...]

By |03/11/2022|Categories: Learn&Grow|Comments Off on On behalf of the AFC: SmART Retirement Workshop

Managing your account online is as easy as 1, 2, 3!

As we get closer to the end of the year and RRSP season, members like you want to know how they can manage their accounts without going through the Canada Life call centre. To start, go to mycanadalifeatwork.com and sign in to GRS Access (savings). You can retrieve your [...]

By |21/10/2022|Categories: Learn&Grow|Comments Off on Managing your account online is as easy as 1, 2, 3!

Tips on managing money anxiety

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 [...]

By |21/10/2022|Categories: Learn&Grow|Comments Off on Tips on managing money anxiety

CEIRP’s strength is the resiliency of our funds

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 [...]

By |06/10/2022|Categories: Market Matters|Comments Off on CEIRP’s strength is the resiliency of our funds

A quick review of the RESP

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 [...]

By |21/09/2022|Categories: Learn&Grow|Comments Off on A quick review of the RESP

What is the Life Long Learning Plan (LLP)?

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 [...]

By |21/09/2022|Categories: Learn&Grow|Comments Off on What is the Life Long Learning Plan (LLP)?

Paying yourself first pays off

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 [...]

By |08/08/2022|Categories: Learn&Grow|Comments Off on Paying yourself first pays off

Understanding Market Volatility

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 [...]

By |20/07/2022|Categories: Market Matters|Comments Off on Understanding Market Volatility

Make this the summer of TFSN: Tidy, Fix and Just Say No

We’ve all seen the headlines: almost every part of our lives is becoming more expensive. So here’s an idea that might help you out. Try the acronym TFSN — “tidy” up, “fix” it, and just “say no” thank you. Here’s how: Tidy: Maybe you don't really need more living [...]

By |15/07/2022|Categories: Learn&Grow|Comments Off on Make this the summer of TFSN: Tidy, Fix and Just Say No

How to manage a CERB surprise

Recently, the CRA informed some CERB recipients that they had been paid too much and that they would now need to return the funds to the agency. Needless to say, this announcement shocked and worried Canadians across the country. It can be especially worrisome if you’re still just getting [...]

By |21/06/2022|Categories: Learn&Grow|Comments Off on How to manage a CERB surprise

Help your kids to understand the value of money

You might not consider yourself one of the best money managers in Canada. But, that doesn’t mean that you can’t help your kids get a head start on learning some good financial habits. The idea is to make learning this new skill fun and easy. Here are a few [...]

By |24/05/2022|Categories: Learn&Grow|Comments Off on Help your kids to understand the value of money

How to turn your money management into a game

We have all seen all the headlines: Canadian inflation is up 6.8%, gas prices are soaring, and everything is becoming more expensive. The rising cost of living also makes it harder to manage our money goals, like paying off debt and saving for rainier days. However, with a little [...]

By |24/05/2022|Categories: Learn&Grow|Comments Off on How to turn your money management into a game

Additional Market Insights from Canada Life (English Only)

Market insight – Market volatility, fueled by multiple factors, may be here for the long term On this week’s episode of Soundbites: “Asset allocation and diversification are going to be your best friends on the market’s worst days,” says Jack Manley, Global Market Specialist with JPMorgan Asset Management. Hear [...]

By |24/05/2022|Categories: Learn&Grow|Comments Off on Additional Market Insights from Canada Life (English Only)

Canada Life Webinar Recordings

2021 Campaign Getting Started – February 24, 2021 Getting Serious – May 19, 2021 Getting Close - September 22, 2021 http://canlife.co/2021webinars 2022 General Don’t let work and life drain you – Learn to recharge – May 4, 2022 Don’t let life drain you - Learn to recharge - YouTube [...]

By |24/05/2022|Categories: Learn&Grow|Comments Off on Canada Life Webinar Recordings

Helpful tips on how to sign on to view your RRSP account on MyCanadaLifeAtWork.com

There may be some confusion about how to sign in to access your CEIRP Group RSP through the MyCanadaLifeAtWork.com portal. The MyCanadaLifeAtWork.com portal serves two types of plans, GRS Access (Group RSP) and GroupNet (Group Health Benefits), but they are not integrated so the same credentials won’t work for [...]

By |25/04/2022|Categories: Learn&Grow|Comments Off on Helpful tips on how to sign on to view your RRSP account on MyCanadaLifeAtWork.com

Tools to help you smash your debt

Automate your debt payments Some of the best known personal finance experts recommend using the debt snowball technique to pay off debt. The idea is to list your debts from lowest to highest, and then set aside an amount of money each month to put towards the different items. [...]

By |21/04/2022|Categories: Learn&Grow|Comments Off on Tools to help you smash your debt

Canada Life Webinar: Don’t let work and life drain you – learn to recharge

When we feel overloaded, our tendency is to do just one more thing or push through. Managing this way actually depletes our energy and reduces our focus and productivity. This means we have to work harder and longer to get the same results we’d achieve if we took time [...]

By |14/04/2022|Categories: Learn&Grow|Comments Off on Canada Life Webinar: Don’t let work and life drain you – learn to recharge

What to do if you discover a hidden cash stash

You know that amazing feeling you get when you find $5 in a bag or jacket you haven’t used in a while? It’s the kind of thing that adds a spring to your step for the entire day, as you try to figure out if you should blow the [...]

By |21/03/2022|Categories: Learn&Grow|Comments Off on What to do if you discover a hidden cash stash

Understanding how investment income is taxed

Here’s a simple fact about growing your nest egg: making money is easy. Saving it can be the tricky part. That’s why it’s important to consider how your investments outside your RRSPs are taxed. To illustrate, here are three general tax treatment examples for an individual with an annual [...]

By |21/03/2022|Categories: Learn&Grow|Comments Off on Understanding how investment income is taxed

Who is eligible to contribute to an RRSP?

The simple answer is a Canadian resident for tax purposes who is 71 years or younger and making an income, up to the individual’s annual contribution limit. So, what if you’re on a temporary work visa or you’re a Canadian citizen who’s lived overseas for a while and have [...]

By |17/02/2022|Categories: Learn&Grow|Comments Off on Who is eligible to contribute to an RRSP?

It’s never too late to become financially resilient

We can all agree that the instability of last two years have been a challenge financially for many Canadians. However, a recent Canadian survey found that 40% of respondents were able to continue to contribute to their RRSPs, according to Benefits Canada, a financial industry trade magazine. In fact, [...]

By |17/02/2022|Categories: Learn&Grow|Comments Off on It’s never too late to become financially resilient

Temporary Delay at Canada Life Call Centre

The Canada Life call centre is experiencing a large volume of calls at this time due to the RRSP season. Despite the current message on their system, you have dialed the correct number. Thank you for your patience as they work through the calls and correct the problem. [...]

By |14/02/2022|Categories: Learn&Grow|Comments Off on Temporary Delay at Canada Life Call Centre

From the CEIRP Newsletter Archive

Over the last couple of years, the CEIRP membership has grown by 11%! This fantastic growth has made us a bit sentimental. So we looked through our archives and found some timely articles that you definitely can use right now! Enjoy! Did you know? You can set up automatic [...]

By |24/01/2022|Categories: Learn&Grow|Comments Off on From the CEIRP Newsletter Archive

Tips to make 2022 even better, financially

Over the last few weeks, there have been several stories in the news about the rising cost of living and the potential of interest rates also increasing in the coming year. Instead of allowing this news to worry us, there are good money managing habits that we can adopt [...]

By |15/12/2021|Categories: Learn&Grow|Comments Off on Tips to make 2022 even better, financially

Helpful reminders about the upcoming RRSP Season

As the holidays come to a close and a new year starts, so to does RRSP season. Here are some of the articles we’ve posted to the website this year with useful tips on how to contribute more to your retirement savings: Overcoming Retirement Saving Hurdles RRSP 101: Quick [...]

By |15/12/2021|Categories: Learn&Grow|Comments Off on Helpful reminders about the upcoming RRSP Season

Now Available: Important deadlines for RRSP & TFSA

Canada Life has now released its important dates and deadlines for RRSPs and TFSAs for the remainder of 2021 into 2022. Download your copy here or through your RRSP account on mycanadalifeatwork.com. Don't forget, there are a few ways that you can make additional RRSP contributions. Click here for [...]

By |25/11/2021|Categories: Learn&Grow|Comments Off on Now Available: Important deadlines for RRSP & TFSA

Overcoming Retirement Saving Hurdles

A common concern of many Canadians is: “I can never retire.” It’s usually followed by: “I haven’t saved enough.” These worries are understandable since we live and spend money in the “now.” It’s much harder to visualize how we’ll live and spend money in retirement when it may be [...]

By |23/11/2021|Categories: Learn&Grow|Comments Off on Overcoming Retirement Saving Hurdles

Increasingly, Canadian women are becoming household financial managers 

Over the last few years, the financial industry has taken note that women are taking more responsibility for personal and household financial decisions. A recent article in the Toronto Star on the subject noted that 90% of Canadian women will find themselves in this role by way of personal [...]

By |23/11/2021|Categories: Learn&Grow|Comments Off on Increasingly, Canadian women are becoming household financial managers 

Are you turning 71 in 2021? Here’s what you need to know

If you are turning 71 this year you will need to close your RRSP by December 31. This being said, it doesn’t mean you have to leave the CEIRP plan. You may have already been contacted by Canada Life and have made a decision about opening a CEIRP RRIF. [...]

By |19/10/2021|Categories: Learn&Grow|Comments Off on Are you turning 71 in 2021? Here’s what you need to know

Adopting good financial habits in your 20s, 30s and 40s

Here are some ideas on how to stay financially disciplined starting in your 20s through to your 40s:  Twenty-something: Do you know where your money goes? Knowing how you spend money now will benefit you in the long-term. There are lots of financial apps that you can try, which are [...]

By |19/10/2021|Categories: Learn&Grow|Comments Off on Adopting good financial habits in your 20s, 30s and 40s

A TFSA Refresher

TFSA stands for the Tax Free Savings Account Anyone can have an account—almost: Any Canadian resident over 18 years old can contribute to a TFSA. Annual limit: In 2022, the contribution limit for TFSA is $6000. For this year, your cumulative contribution limit is $81,500. Withdraw funds with ease: [...]

By |20/09/2021|Categories: Learn&Grow|Comments Off on A TFSA Refresher

RRSP 101: Quick FAQs about Individual and Group RRSPs

Some members might not be sure about how Individual and Group RRSPs work. Here's a quick refresher sourced from the Canada.ca website: The Registered Retirement Savings Plan helps you save for retirement during your working years You can contribute 18% of your previous year’s income (total limit for 2020 [...]

By |16/08/2021|Categories: Learn&Grow|Comments Off on RRSP 101: Quick FAQs about Individual and Group RRSPs

We did it again! The investment management fees are lower!

CEIRP keeps growing which means we can all enjoy lower investment management fees! When the plan started in 2004, fees were 1.1%. After six reductions, the fees will now be reduced by .5% to .48% — a 56.4% reduction since our inception. This change applies immediately to the RRSP, [...]

By |09/08/2021|Categories: CEIRP News|Tags: , |Comments Off on We did it again! The investment management fees are lower!

This year, staycations are an economic benefit for all

We can all agree that it’s been a long year and a half for everyone. As each day passes, the sense of renewed freedom is spreading across the country. Despite that, many of the local summertime events have been cancelled again this year. So, what can you do in [...]

By |22/07/2021|Categories: Learn&Grow|Comments Off on This year, staycations are an economic benefit for all

Helping your child plan for their post-secondary education

We can all agree that this school year has been challenging and unpredictable. With so much uncertainty, it may seem ridiculous to even make plans for the next school year. But, things are looking up and September will be here soon enough, so it may be safe to start [...]

By |18/06/2021|Categories: Learn&Grow|Comments Off on Helping your child plan for their post-secondary education

As of July 1, RESPs will now be available through CEIRP

We’re always looking for new ways to help you save for tomorrow. Now you can save for a child’s education by opening a Registered Education Savings Plan (RESP). Click here to learn more.

By |18/06/2021|Categories: CEIRP News|Comments Off on As of July 1, RESPs will now be available through CEIRP

Reminders from the CEIRP Office

Gentle reminders: RESPs are now available through CEIRP. Click here to learn more. If you're looking to make any changes to your RRSP contributions, contact your Group RSP Administrator The CEIRP website is your first stop to find information and other resources about the CEIRP plan. Be sure to [...]

By |18/06/2021|Categories: CEIRP News|Comments Off on Reminders from the CEIRP Office

Market Matters: May 2021

Summary for May 2021 Presented by Mackenzie Investments Key Highlights: The central banks of South Korea and New Zealand are taking a firmer tone, as is the Bank of Canada Crypto-currencies plunge Canadian equities perform well on the back of stellar earnings Inflation beats already high expectations Click here to [...]

By |09/06/2021|Categories: Market Matters|Comments Off on Market Matters: May 2021

Update from the CEIRP Office: May 2021

Gentle reminders: The CEIRP website is your first stop to find information and other resources about the CEIRP plan. We’ve also made a few updates including new article and video archive pages found under the “About CEIRP” tab Log on to mycanadalifeatwork.com to update all your personal information, including email, [...]

By |19/05/2021|Categories: CEIRP News|Comments Off on Update from the CEIRP Office: May 2021

Do you have a retirement savings strategy?

We all know that we need to have a strategy if we expect to reach our goals. The same can be said for saving for retirement. The idea is to define your retirement objectives and decide how you’ll achieve your savings plan. To get started, ask yourself: How do [...]

By |19/05/2021|Categories: Learn&Grow|Comments Off on Do you have a retirement savings strategy?

Three financial conversations to have before you say “I do”

As life slowly gets back to normal, we’re all looking forward to reasons to celebrate. In the coming months, an increase in weddings might be included in that list. So if you and your partner have been dreaming of when to have your big day, here are some financial [...]

By |19/05/2021|Categories: Learn&Grow|Comments Off on Three financial conversations to have before you say “I do”

Market Matters: April 2021

Summary for April 2021 Presented by Mackenzie Investments Key Highlights: Canadian budget released President Biden unveils his $1.8 trillion American Families Plan US equities regain their global market leadership Q1 2021 corporate earnings shatter expectations Click here to read more.

By |13/05/2021|Categories: Market Matters|Comments Off on Market Matters: April 2021

5 essential pieces to have in your estate plan

On the surface, estate planning isn’t very exciting. But, it’s actually an important part of your financial plan. It ensures that your assets are protected and that your final wishes are carried out correctly. Here are five essential pieces that you should include in your plan: Consult with a [...]

By |26/04/2021|Categories: Learn&Grow|Comments Off on 5 essential pieces to have in your estate plan

The AFC Newsletter: March 2021

In This Issue: Message from the Executive Director Now Offering: Mental Health First Aid Training Career Resilience Workshop: Sharpen Your Interview Skills World Theatre Day 2021 - Thank You to Our Supporters Wheat + Sea Collective Launches #onlyintermission Tee Big Swing 2021: Save the Date Click here to access the [...]

By |29/03/2021|Categories: CEIRP News|Comments Off on The AFC Newsletter: March 2021

Update from the CEIRP Office: March 2021

Gentle reminders from the CEIRP Office: The CEIRP website is your first stop to find information and other resources about the CEIRP plan. We’ve also made a few updates including new article and video archive pages found under the “About CEIRP” tab Log on to mycanadalifeatwork.com to update all your [...]

By |24/03/2021|Categories: CEIRP News|Comments Off on Update from the CEIRP Office: March 2021

Protecting yourself against identity theft

Knowing the signs of identity theft is the best way to arming yourself against becoming a victim. So, what exactly is identity theft? It happens when somebody takes and/or uses your personal information, like your credit card number, driver's license, SIN, birthdate, to commit a crime like fraud. Luckily, there [...]

By |24/03/2021|Categories: Learn&Grow|Comments Off on Protecting yourself against identity theft

For Your Information: A Great Newsletter from the Financial Consumer Agency of Canada

Every month, the Financial Consumer Agency of Canada (FCAC) produces a newsletter with excellent financial tips and information. Seeing as March has been Fraud Prevention Month, here are a few useful articles on how to protect yourself against financial fraud:1 in 3 Canadians are targets of financial fraud during [...]

By |24/03/2021|Categories: Learn&Grow|Comments Off on For Your Information: A Great Newsletter from the Financial Consumer Agency of Canada

Market Matters: February 2021

Summary for Febuary 2021 Presented by Mackenzie Investments Fixed income investors bruised as global bond yields surge amid increasing confidence for a robust economic rebound in the second half of 2021 Canadian equities deliver strong performance; powered by the cyclical rotation trade and soaring commodity prices US House of Representatives [...]

By |23/03/2021|Categories: Market Matters|Comments Off on Market Matters: February 2021

The AFC Newsletter: February 2021

In This Issue: Message from the Executive Director COVID-19 Virtual Donor Wall Wil, a Star-studded Virtual Table Read and Fundraiser A Safe Space to Talk and Connect: Designated Sharing Time Tune in for the Final Show of Big Girl & Friends Season 2 Click here to access the full newsletter.

By |01/03/2021|Categories: CEIRP News|Comments Off on The AFC Newsletter: February 2021

Update from the CEIRP Office: February 2021

Making Direct Contributions to Your RRSP or TFSA are Now Even Easier! Most financial institutions have now updated their bill payee list to include Canada Life Group RRSP and Canada Life Group TFSA. This means you can make direct contributions to your RRSP and/or TFSA by setting it up as [...]

By |22/02/2021|Categories: CEIRP News|Comments Off on Update from the CEIRP Office: February 2021

Overcoming Retirement Planning Procrastination

When it comes to creating a robust retirement plan, a lot of us tend to put it off. One reason may be because it’s difficult to imagine what life will be like in five, 10, 20 years from now. Another possible reason is that we may become overwhelmed by the [...]

By |22/02/2021|Categories: Learn&Grow|Comments Off on Overcoming Retirement Planning Procrastination

The Joys of Compound Interest

Outside of your RRSP, the TFSA is a great savings tool to help you achieve your short- and long-term goals. For example, let’s say you wanted to travel around Italy for three-weeks sometime in the near future — say, in five years. If you started with an investment of $25 [...]

By |22/02/2021|Categories: Learn&Grow|Comments Off on The Joys of Compound Interest

Market Matters: January 2021

Summary for January 2021 Presented by Mackenzie Investments COVID-19 cases decline sharply amidst vaccine rollouts; virus mutations remain a concern Under heavy security post the US Capitol riot, US President Biden takes office: Signs 42 executive orders and proposes a $1.9 trillion fiscal stimulus bill Heavily shorted stocks: GameStop, AMC [...]

By |22/02/2021|Categories: Market Matters|Comments Off on Market Matters: January 2021

Making Additional Contributions to Your RRSP or TFSA is Now Even Easier!

Most financial institutions have now updated their bill payee list to include Canada Life Group RRSP and Canada Life Group TFSA. This means you can make direct contributions to your RRSP and/or TFSA by setting it up as a bill through your online banking. Just search for “Canada Life” in the bill [...]

By |16/02/2021|Categories: Learn&Grow|Comments Off on Making Additional Contributions to Your RRSP or TFSA is Now Even Easier!

The Socially Responsible Investments Balanced Fund Will Soon Have a New Name

For those among you that own units in SRI Balanced Fund (GWLIM), CEIRP’s Socially Responsible Investment Option, please be aware that Canada Life has announced that it is changing its name to SRI Balanced Fund (Mackenzie). Why is there going to be a name change? This change is following the [...]

By |04/02/2021|Categories: CEIRP News|Comments Off on The Socially Responsible Investments Balanced Fund Will Soon Have a New Name

Navigating the new MyCanadaLifeAtWork.com Login during RRSP Season

RSP season means a higher volume of calls to the Canada Life call centre and waiting times to speak to a Client Service Representative may be longer than usual. There are a number of things you can do what you log onto your account including updating contact information and downloading [...]

By |02/02/2021|Categories: CEIRP News|Comments Off on Navigating the new MyCanadaLifeAtWork.com Login during RRSP Season

Update from the CEIRP Office: January 2021

Glide Path Changes CEIRP always aims to make retirement saving easy for you. With simplicity in mind, the plan offers three investment style options: No Touch featuring the Cadence Target Date Funds, which offer a single-fund solution that leaves the decisions to investment professionals. Low Touch featuring the Portfolio Target [...]

By |27/01/2021|Categories: CEIRP News|Comments Off on Update from the CEIRP Office: January 2021

Galvanize Your 2021 Financial Resolution with an Emergency Savings Plan

We can all agree that it’s good that 2020 is finally over. It was a year of unprecedented volatility across all areas of life. And it shone a painful light on how carrying too much debt and too little savings can make everything even more difficult. The good news is [...]

By |27/01/2021|Categories: Learn&Grow|Comments Off on Galvanize Your 2021 Financial Resolution with an Emergency Savings Plan

Update from the CEIRP Office: December 2020

New sign-in page for your CEIRP plan You may have noticed something a little different when you go to log on to your account on www.grsaccess.com. You, the Plan member, will be redirected to the new sign-in page, www.mycanadalifeatwork.com. From there, using your Access ID and password, you can access [...]

By |21/12/2020|Categories: CEIRP News|Comments Off on Update from the CEIRP Office: December 2020

Financial resolutions for 2021

It’s hard to believe after the difficulties of the last twelve months that we’re just a few days away from waving 2020 goodbye and giving 2021 a huge welcoming hug. We can also all agree that we’ve been through the wringer, especially on the financial side. It’s safe to say [...]

By |21/12/2020|Categories: Learn&Grow|Comments Off on Financial resolutions for 2021

Looking forward to 2021: Reinvest in the simple things

Fatigue has been one of the recurring themes in 2020. Whether it be lockdown fatigue, isolation fatigue, cooking fatigue, Covid fatigue — you name it, we’ve been fed up. To be fair, there were times when we found reasons to smile. Many of us began to appreciate the simple things [...]

By |21/12/2020|Categories: Learn&Grow|Comments Off on Looking forward to 2021: Reinvest in the simple things

Market Matters: November 2020

Highlights: News of a promising COVID-19 vaccine trial helped spur strong global stock market gains and a significant sector rotation from growth into value sectors. Beginning in 2021, GLC will be amalgamated into Mackenzie Investments and together we will be stronger as one of Canada’s largest asset managers. The drawn-out [...]

By |19/12/2020|Categories: Market Matters|Comments Off on Market Matters: November 2020

Update from the CEIRP Office: November 2020

Some gentle reminders for you: Don’t forget that CEIRP now has social media communities, and we’d love for you to follow us. We’re on Twitter and Facebook — drop by with a “like”, to leave a comment or question, or just say hi! Looking forward to “friending” you! Don’t forget [...]

By |24/11/2020|Categories: CEIRP News|Comments Off on Update from the CEIRP Office: November 2020

Tips to Make the Most of this Unusual Tax Season

While it may be cliché to say this out loud, but we can agree that 2020 had more plot twists and turns than a high-grossing blockbuster. There have been so many unknowns and sources of anxiety: Will my project restart allowing me to work again? Will my government support be [...]

By |24/11/2020|Categories: Learn&Grow|Comments Off on Tips to Make the Most of this Unusual Tax Season

Great Personal Finance Management Websites 

There are tons of great personal financial websites that offer advice on budgeting, goal setting and how to avoid/eliminate debt. Here are a few that you should check out: The Financial Consumer Agency of Canada Chartered Professional Accountants of Canada: Covid-19 related personal financial tips Rags to Reasonable smartPATH  

By |24/11/2020|Categories: Learn&Grow|Comments Off on Great Personal Finance Management Websites 

Market Matters: October 2020

Highlights: Rising COVID-19 infection counts continue to stifle economic recovery across North America and Europe. Equity markets and investor sentiment weakened as U.S. election uncertainty loomed throughout the month. Bond yields rose sharply early in the month, only to land back roughly where they started. Click here to read more.

By |18/11/2020|Categories: Market Matters|Comments Off on Market Matters: October 2020

The AFC Newsletter: October 2020

October 2020 Newsletter In This Issue: Message from the Executive Director Launching The AFC's Career Resilience Initiative Financial Wellness Videos Series Vitality Monthly Giving Campaign Stratford Festival's Guthrie Committee Donates $25,000 to The AFC CSARN's Maintaining Creativity Conference  

By |09/11/2020|Categories: CEIRP News|Comments Off on The AFC Newsletter: October 2020

Update from the CEIRP Office: October 2020

Join the CEIRP Social Communities! CEIRP now has its own bilingual Facebook and Twitter communities. We’ll be posting financial tips and other information you can use, especially throughout November which is Financial Literacy Month. So be sure to follow us — we’ll even follow you back!

By |27/10/2020|Categories: CEIRP News|Comments Off on Update from the CEIRP Office: October 2020

Market Matters: September 2020

Highlights: COVID-19’s second wave offers up a new round of uncertainty for businesses. The Federal Reserve kept their Fed funds target range steady at between 0% to 0.25%. September losses give back some of their summer-time equity market gains. Oil prices fell on rising concerns over weak global demand if [...]

By |27/10/2020|Categories: Market Matters|Comments Off on Market Matters: September 2020

“Freedom 65+” is Now the New Normal

Do you remember the “Freedom 55” ads? These days, retiring in your 50s is only for a lucky few. “Freedom 65+” is more realistic for most Canadians. And according to Benefits Canada, it’s not merely realization facing Boomers and Gen Xers; Millennials are also coming to the same conclusion. Of [...]

By |27/10/2020|Categories: Learn&Grow|Comments Off on “Freedom 65+” is Now the New Normal

A Retirement Planning Tip for Women: Contribute Early and Often

This year, the United Nations increased the average Canadian life expectancy to 82.52, an .18% increase over 2019, with the average Canadian woman living to 84. Also, the gender pay gap continues to decrease. So for these two reasons, it’s important that women are proactive about their retirement plan. Saving [...]

By |27/10/2020|Categories: Learn&Grow|Comments Off on A Retirement Planning Tip for Women: Contribute Early and Often

Update from the CEIRP Office: September 2020

Reminder about CEIRP’s dedicated Investment and Retirement Managers at Canada Life The fastest way to successfully reach your goals is having a plan. This is especially true for  those close to retirement. Were you aware that Canada Life has three Investment and Retirement Managers dedicated to CEIRP members? They can [...]

By |24/09/2020|Categories: CEIRP News|Comments Off on Update from the CEIRP Office: September 2020

It’s never too late to have a plan

Every year, the Financial Consumer Agency of Canada (FCAC) conducts a survey to study how well Canadians understand and manage their personal finances. In May, the agency released its findings from the 2019 survey. What remains true is that Canadians still live pay cheque to pay cheque, are carrying a [...]

By |24/09/2020|Categories: Learn&Grow|Comments Off on It’s never too late to have a plan

Tips for Protecting Your Home-based Business

If you count yourself among many creative professionals across Canada who run their businesses from home — especially now because of Covid — do you know how well you are protected from loss, damage or theft? You may be surprised to know that your regular home insurance may not cover [...]

By |24/09/2020|Categories: Learn&Grow|Comments Off on Tips for Protecting Your Home-based Business

Market Matters: August 2020

Highlights: Global stock markets extended their summer-long run. Bond markets checked back, with longer-term bonds hit hardest. Expectations for market volatility rose with stretched stock valuations, the approach of the U.S. presidential election and concerns for a COVID-19 second wave. Amidst a risk-on sentiment, oil prices rose sharply, while gold [...]

By |24/09/2020|Categories: Market Matters|Comments Off on Market Matters: August 2020

Update from the CEIRP Office: August 2020

An update about the RRSP Email Campaign: There has been a great response to our email campaign to encourage the Federal Government to allow our members and other Canadians to “borrow” from their RRSP with no tax implications during the pandemic. But there’s still more we need to do in [...]

By |27/08/2020|Categories: CEIRP News|Comments Off on Update from the CEIRP Office: August 2020

3 Money-Managing Tips for the Gig Economy

We can all agree that 2020 has been a particularly trying year. And this is especially true for so many working in the Gig Economy, where financial ups and downs are so prevalent. The good news is that there are steps you can take now to adopt new money managing [...]

By |27/08/2020|Categories: Learn&Grow|Comments Off on 3 Money-Managing Tips for the Gig Economy

Market Matters: July 2020

Highlights: GLC and Mackenzie join forces to become the largest asset managers in Canada. S&P 500 turns positive on the year and the price of gold hits an all-time high, while bond yields fell to all-time lows. COVID-19 case number progress (or lack thereof) remains key factor in economic outlook. [...]

By |27/08/2020|Categories: Market Matters|Comments Off on Market Matters: July 2020

Email Campaign: Temporary Emergency Program

In April, the CEIRP, the IATSE and the DGC joined in lobbying the Federal government to institute a temporary emergency program, similar to the Home Buyers and Lifelong Learning plans, which would allow an individual to “borrow” from their RRSP with no tax implications. There has been no announcement made [...]

By |28/07/2020|Categories: CEIRP News|Comments Off on Email Campaign: Temporary Emergency Program

Even During a Pandemic, There are Options for Managing Your Personal Debt

Even During a Pandemic, There are Options for Managing Your Personal Debt In early spring, when the Federal government began releasing its plan to help Canadians during the pandemic, it also asked the banks to lower their credit card interest. They knew that Canadians would likely be using their cards [...]

By |24/07/2020|Categories: Learn&Grow|Comments Off on Even During a Pandemic, There are Options for Managing Your Personal Debt

Taking a Mid-Year Financial Snapshot

Taking a Mid-Year Financial Snapshot We can agree that 2020 has been a difficult year financially for millions of Canadians. When the state of emergency started, many of you were likely starting projects that have since been postponed or cancelled. Now four months later, the good news is that many [...]

By |24/07/2020|Categories: Learn&Grow|Comments Off on Taking a Mid-Year Financial Snapshot

Update from the CEIRP Office: June 2020

Member Concerns Q&A Q: I’ve been informed that there is a big possibility of a financial crash in the coming weeks and that it may last a few months. What are your thoughts on this and what is CEIRP’s position? A: Since mid-March, when the emergency measures were enforced to [...]

By |02/04/2020|Categories: CEIRP News|Comments Off on Update from the CEIRP Office: June 2020

Update from IATSE: May 19, 2020

Volunteer to help IATSE members in need! The IATSE has launched a website entitled IATSE C.A.R.E.S. (Coronavirus Active Response and Engagement Service). In french, the site is IATSE A.I.D.E. (Assistance des Individus en Difficulté face à l’Épidémie). The website, located at EN: www.iatsecares.org and FR: www.iatsecares.org/francais/, is a new initiative [...]

By |24/03/2020|Categories: CEIRP News|Comments Off on Update from IATSE: May 19, 2020

Your account on MyCanadaLifeAtWork.com

Did you know that when you log on to your account on www.mycanadalifeatwork.com you can: update your mailing address and telephone number print off a duplicate tax receipt update your email address view your last statement check your account activity find out your personal rate of return change your future [...]

By |18/02/2020|Categories: Learn&Grow|Comments Off on Your account on MyCanadaLifeAtWork.com

Say hello to Canada Life

On Jan. 1, 2020 The Great-West Life Assurance Company, London Life Insurance Company, The Canada Life Assurance Company and two holding companies amalgamated. They are now one company – The Canada Life Assurance Company™. You’ll start seeing the Canada Life brand on your member site and in other plan materials starting right away. [...]

By |15/01/2020|Categories: CEIRP News|Comments Off on Say hello to Canada Life

CEIRP has reduced your investment management fees again!

When CEIRP started in 2004 the Investment Management Fees were 1.1%. And there have been 5 fee reductions since 2004.  Effective December 15, 2019 the Investment Management Fees in the RRSP, NRSP, TFSA and the RRIF/LIF were reduced by 0.15% and are now 0.53%. […]

By |17/12/2019|Categories: CEIRP News|Tags: , |Comments Off on CEIRP has reduced your investment management fees again!

New website. New look. And a new way to communicate with you.

Growing your savings – for life after work. Over the past 15 years, the Canadian Entertainment Industry Retirement Plan (CEIRP) has grown a lot – from the seed of an idea into a large, strong group plan. It was time to make things easier for you and to create [...]

By |14/11/2019|Categories: CEIRP News|Tags: |Comments Off on New website. New look. And a new way to communicate with you.

Looking for help with your CEIRP investments?

CEIRP now has its own dedicated team of Investment and Retirement Managers at Canada Life. They’re here to help you with those tough decisions about your savings and investments. Contact someone today. Whether you’re just starting out, retiring or somewhere in between, these specialists can help guide you along [...]

By |24/09/2019|Categories: Learn&Grow|Tags: , , |Comments Off on Looking for help with your CEIRP investments?

Why assign a beneficiary

Assigning a beneficiary for your account is really important. If you don’t and you die, your money could get stuck in your estate and caught up with legal fees. But there are different types of beneficiary designations, so make sure you choose the right one – and that it’s [...]

By |20/09/2019|Categories: Learn&Grow|Tags: , |Comments Off on Why assign a beneficiary

Target date funds – make investing easy!

Did you know that our default investment for new members is the Cadence target date funds? For investors who want to set it and forget it, target date funds are the way to go. Just pick “Cadence” and the fund closest to the year you turn age 65 will [...]

By |12/03/2019|Categories: Learn&Grow|Tags: , , , , |Comments Off on Target date funds – make investing easy!

Understanding your fees

You have exceptionally low fees compared to individual investments. In fact, the power of CEIRP has helped get fees reduced five times over the years! Your low fees can make a BIG difference to your account balance over time. You hear a lot in the news about how much Canadians [...]

By |12/03/2019|Categories: Learn&Grow|Tags: , , |Comments Off on Understanding your fees
Go to Top