Ask most people about their risk tolerance on a calm day and you’ll almost always hear “moderate.” Then the market drops 15%, and suddenly they can’t sleep. That disconnect is what an investor profile questionnaire is truly designed to solve. It’s not just about what you think you can handle when markets are quiet; it’s […]

It’s the question I hear from families every November: “Is it too late to get this year’s RDSP grant?” The short answer: not yet — but the clock is ticking. A Registered Disability Savings Plan (RDSP) is a registered account created to help Canadians eligible for the Disability Tax Credit (DTC) build long-term financial security. […]

It’s the question I hear more than any other: “Am I saving enough?” Most people try to answer it by pulling a single number out of thin air — usually assuming a smooth 7% annual return in a spreadsheet. But early in your investing journey, staring at market returns is actually a distraction. If you’re […]

Update: While the special promotional rate has ended (October 30, 2026), the Manulife Bank account is still a good option. It still pays one of the highest interest rates of any Canadian personal chequing account — currently 1.65% on every dollar, with no minimum balance. Looking for a safe place to have your money work […]

If you have kids or grandkids, the Registered Education Savings Plan is one of the best deals in the Canadian tax system — and a surprising number of families leave part of it unclaimed. Here’s the headline: the federal government adds 20 cents for every dollar you contribute, through the Canada Education Savings Grant (CESG), […]

“How much life insurance do I need?” It’s a simple question with a not-so-simple answer — because the right number has nothing to do with rules of thumb and everything to do with your family’s actual math. You’ve probably heard “10 times your income.” It’s tidy, but it ignores your mortgage balance, your kids’ ages, […]

It’s the question I hear most often: “Should I put my savings in my RRSP or my TFSA?” And right now, the question has a deadline attached: March 2 is the last day to make RRSP contributions that count for the 2025 tax year. The core difference is timing of the tax break. RRSP contributions […]

Every January 1st, every Canadian 18 and older gets a fresh gift from the CRA: another $7,000 of TFSA contribution room. If you’ve never contributed and were 18 or older since 2009, that’s now $102,000 of total lifetime room waiting for you. The TFSA remains the most flexible account in the Canadian system. Contributions aren’t […]