2019 Assante Educational Event

Become a Better Philanthropist: The Secrets of Giving in Canada Most Canadians give because they are asked. At times, fundraising can feel relentless. How can you make a difference, an impact, and change your community and country for the better? Canada provides some of the most generous tax incentives in the western world, but most […]

How often should you check your portfolio?

Your portfolio represents your future, so it’s only natural to want to monitor how your investments are doing. How often you need to check largely depends on the type of investor you are. Active investors who constantly buy and sell individual stocks will monitor performance frequently, perhaps daily. But individuals with well-diversified managed portfolios investing […]

Are you entering the retirement risk zone?

For several decades as an investor, there was always a silver lining to a market downturn. That’s when investment managers purchased stocks at value prices so you could enjoy higher returns when the market rebounded. But that all changes when you’re close to retirement and once you’re retired. Just before retirement, a plummeting market can […]

Early spousal RRSP withdrawals

Here’s a strategy especially effective during a period when one spouse has little or no earned income. For several years, the spouse earning the higher income contributes the maximum allowable amount to the spousal RRSP. Then the higher-income spouse stops these contributions and begins contributing to his or her own RRSP for two calendar years […]

How to save tax as a couple

You can’t escape paying tax on income, but you may be able to split some of your income with your spouse. And if your spouse is in a lower tax bracket, you’ll pay less tax as a couple. Here are three scenarios that illustrate some of the tax-saving strategies available through income splitting. Kim and […]

When education savings may need a boost

If a parent bases post-secondary education savings on average costs, the amount needed for tuition would be $6,838 for each academic year, based on the 2018/2019 average for Canadian universities.1 But what if the child decides to pursue dentistry? The average annual tuition for dentistry programs in Canada is $23,474.1 Or perhaps a parent isn’t […]

Does your spouse have a different investment personality?

Imagine a couple who have opposite approaches on how to build a nest egg. One spouse believes in investing conservatively so the couple can live their lives without worrying about the markets, even though it means saving more each year to invest. The other spouse believes in investing aggressively, trusting that a portfolio heavily weighted […]