Does RRIF Income Affect GIS?
Yes, RRIF income affects your GIS benefits because RRIF withdrawals count as taxable income. The more you withdraw from your RRIF, the less you’ll receive from the GIS, since GIS benefits decrease as your taxable income increases. To minimize this impact,...3 FREE CANADIAN FINANCE LECTURES
In a world where you can trust things to a lesser and lesser extent with AI overtaking humans in so many areas simultaneously, it’s really reassuring to look at videos. While AI can write almost as well as humans, it cannot (YET) produce the human touch that you...Keep Your Rates, Change Your Address: The Benefits of Porting Your Mortgage
Mortgage portability is a handy feature you might not even know you have! It’s the ability to transfer your current mortgage—with its existing rate and terms—from your old home to your new abode. Think of it as packing up not just your belongings but your loan...Pros and Cons of Robo-Advisors: Everything You Need to Know
In recent years, robo-advisors have significantly evolved, becoming a cornerstone of the fintech revolution. Today’s robo-advisors are not just digital; they are increasingly intelligent, leveraging advanced artificial intelligence (AI) and machine learning to...Can Your Trust Robo Advisors With Your Pension?
Unless you have a very high level of confidence in your money-management skills, chances are that you are using the services of some type of professional money manager for your retirement and pension accounts. While online brokerage accounts, mutual fund operators...Joint Tenants Vs Tenants In Common: Understanding Ownership Rights and Implications
Homeownership involves various methods of possession, two of which include joint tenancy and tenancy in common. These options dictate what will happen to a property upon the owner’s death and the extent of ownership each holder has. Overview of joint tenants vs...What is a Fee-Only Financial Advisor (and are there any in Canada)
Many Canadians are seeking for financial advice. While many young Canadians, including many of our readers, make their own financial research and use investment apps or approach more “modern” solutions such as robo advisors, there are still many financial...Honorable Media Mentions
