Prescribed rate loan planning

Prescribed rate loan planning

April 28, 2020 |RBC Wealth Management Services

“For some families, there may be opportunities to reduce taxes by setting up a prescribed rate loan.”

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Estate freeze planning

Estate freeze planning

April 27, 2020 |RBC Wealth Management Services

“If you own all the shares of your business, an estate freeze can minimize taxes and provide you with more flexibility.”

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Individual Pension Plans (IPPs)

Individual Pension Plans (IPPs)

April 24, 2020 |RBC Wealth Management Services

“For incorporated business owners or professionals, or key employees, an IPP may be beneficial for enhancing retirement income.”

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Student Aid: A relief program that can drive innovation, too

April 23, 2020 |Andrew Agopsowicz

The latest COVID-19 relief program will help more than a million students get through summer; engaging them in a struggling economy will remain a longer-term challenge

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When should you review your will and estate plan?

April 22, 2020 |RBC Wealth Management Services

“As a start, many legal professionals generally recommend reviewing your plan every 3 to 5 years.”

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Charitable giving and foundations

April 20, 2020 |RBC Wealth Management Services

“Things to consider when setting up a charitable foundation.”

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5 key questions every business owner should answer

5 key questions every business owner should answer

April 18, 2020 |RBC Wealth Management Services

“Asking yourself the following five questions can help you get started.”

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Consumer spending tracker

COVID consumer spending tracker

April 16, 2020 |RBC Economics

It’s not often a Canadian prime minister abruptly upends consumption patterns.

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Housing market off course

Pandemic throws housing market off course

April 15, 2020 |Robert Hogue

As feared, home resales plummeted across-the-board in March. Activity fell 14.3% from February nationwide as governments rolled out COVID-19 containment measures.

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Employment plunged in March – with much worse to come

April 10, 2020 |RBC Economics

The 1 million drop in jobs in March reported this morning makes every other month-over-month change in the labour force survey data before look like a rounding error.

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