“Risk is what's left over when you think you've thought of everything.”
- Carl Richards
We know many of you will have some great winter travel stories to share and others are busy planning out their summers. Similar to our family, I imagine some of you are perhaps sad to see our kid’s hockey season coming to an end and many ski hills just over a month away from closing down for another season.
In this edition of our newsletter, we will introduce you to the First Home Savings Account, discuss “Uncertainty” from a different perspective and touch on Fraud Prevention. As always, we hope you find these updates informative and welcome you to share them with your friends and family.
First Home Savings Account
In April 2023, Canada unveiled a groundbreaking initiative aimed at empowering prospective first-time homebuyers: The First Home Savings Account. This innovative program offers a tax-free savings avenue tailored specifically for individuals eager to embark on their home ownership journey. Beyond its individual benefits, the account also presents a unique opportunity for parents and grandparents to contribute to their loved ones’ future by gifting funds towards their first home. Let’s learn more about FHSAs by watching the video below: First Home Savings Account explained in 2 minutes
Uncertainty is Underrated
Who would think uncertainty has benefits especially in today’s fast changing world. Uncertainty should not be just a hurdle to overcome but a gateway to opportunity and growth. Discover how leaning into uncertainty can lead to better outcomes through this article discussing about understanding risk management both in financial investments and life choices: Uncertainty is Underrated
FRAUD Prevention Month – Be Cyber Aware
March marks Fraud Prevention Month, a dedicated time to raise awareness and empower individuals and organizations to protect themselves against fraud. We will be hosting a Fraud Prevention Seminar soon. Watch out for further details! In the meantime, here is a short video on email safety: Cyber Security: The Essentials