The Surprising Downside of a Sunny Retirement
If your residency is changing, it may affect how you’re taxed. Canada, for instance, has many residents that spend half the year in warmer parts of the U.S. “One of the issues there is when you’re considered a resident of most countries in the world, you have to file taxes there,” said Julia Chung. “We have a lot of Canadian residents who are just finding out that they’re supposed to file a tax return with the U.S. every year.”
Subscription-based financial advice begins to take hold in Canada
Some financial advisors are adopting a new, innovative subscription-based model for Canadians to pay for financial advice that could be especially attractive to middle-class and young, professional investors. The new model sees investors pay a regular monthly or...
The best way to generate cash from your investments in retirement?
Originally Published on Global News Erica Alini 28 September 2019 Author Erica Alini writes this article on Global News with the question: What’s the best way to generate cash from your retirement investments? Erica quotes financial experts Julia and Rona Birenbaum,...
First-Time Home Buyer Incentive: What You Need to Know
Originally Posted on Money SenseBy Tamar Satov6 September 2019 The First-Time Home Buyer Incentive (FTHBI) promises to help make real estate more affordable, but there’s a big catch: It’s a loan you have to repay with a share in your home’s growth in value. The...