Split income from joint accounts

March 05, 2025 |John Hastings CFA MBA
Many couples assume they can split income from joint accounts to minimize their tax bills, but that’s not always the case. According to Canadian tax rules, each spouse must report income based on their individual contributions to the account. For example...
Read more

How Corporate Wealth Transfer Can Preserve Your Asset

March 05, 2025 |John Hastings CFA MBA
The Corporate Wealth Transfer strategy is common planning strategy that helps business owners transfer surplus assets held in their Canadian Controlled Private Corporation (e.g. a holding company). This approach is ideal for those with excess cash or...
Read more

Tariffs benefit no one. Period. And a reminder on how we manage your portfolio in times like now.

February 03, 2025 |John Hastings
The recent announcement of U.S. tariffs on Canadian and Mexican imports is expected to have significant economic consequences. Tariffs drive up costs for businesses and consumers, fueling inflation and reducing overall economic activity. If these tariffs...
Read more

Kickstart 2025 with Smart Financial Moves

January 23, 2025 |John Hastings
Is it to late to wish you all a happy new year? I have never figured out the appropriate etiquette here. In any event, happy new years! If you haven’t already received a call or email from Sara or someone on our team, you will soon. As we roll into 2025...
Read more
Five strategies to maximize your RRSP savings

Five strategies to maximize your RRSP savings

January 01, 2025 |RBC Wealth Management

From contributing at the beginning of the year to setting a savings target, these tips can help you make the most of your RRSPs.

Read more
How income splitting can create tax savings

How income splitting can create tax savings

January 01, 2025 |RBC Wealth Management

Find out what income splitting is, and how a prescribed rate loan strategy may be beneficial for you as part of tax planning.

Read more
TFSA versus RRSP versus FHSA: Your top questions answered

TFSA versus RRSP versus FHSA: Your top questions answered

January 01, 2025 |RBC Wealth Management

Learn the main​​ features of each registered investment plan to figure out which one is right for you.

Read more
Worried about higher interest rates and taxes? Strategies to take back control of your wealth

Worried about higher interest rates and taxes? Strategies to take back control of your wealth

December 10, 2024 |RBC Wealth Management

Learn how you can benefit from investing in tax-advantaged plans, such as a TFSA, RRSP and RRIF.

Read more

How we are planning for the tax impacts of realizing significant capital gains in 2024

October 25, 2024 |John Hastings
The perfect storm, it feels. A strong equity market + an increase in the capital gains inclusion rate means more emphasis/planning to reduce our tax bill come April. Mind you, there is still a couple of months left in 2024, and if you are as tuned into...
Read more

Are you using your TFSA to it's full potential?

October 25, 2024 |John Hastings
So, what’s the big idea with TFSAs? Simple. They’re one of the best savings tools in Canada because they allow your investments to grow tax-free. That’s right, no tax on interest, dividends, or capital gains. The TFSA started back in 2009, and the government...
Read more