Reducing Taxes on Your Portfolio Income

By Raymond Kerzérho · May 14, 2018 - 0 comments

Income tax is the largest expense in the budget of many Canadians, with shelter coming in a close second. For Ontario residents, the effective tax rate on a $100,000 working income is roughly 25%. For Quebec residents, it is 30%. (Please note, however, that these rates are not directly comparable since tax credits and deductions aren’t the same in both provinces.)

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Is Your High-Priced Advisor Any Wiser Than You?

By Ben Felix · May 11, 2018 - 0 comments

When you take your car in for a tune-up or yourself in for a check-up, you expect your mechanic and healthcare provider to know more than you do about their respective areas of expertise. Shouldn’t you expect the same from your financial advisor – i.e., better advice than you could come up with on your own? Unfortunately, that’s not always the case. 

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Tony’s Take: Overcharged

By Anthony Layton · May 4, 2018 - 0 comments

How would you feel if you were charged thousands of dollars for advice you never received?  Well, that is exactly what’s been happening to clients of discount brokers who bought mutual funds carrying commissions normally paid to financial advisors. The clients paid, but they didn’t get any advice—discount brokers aren’t allowed to provide investment advice.

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What are ETF’s?

By Susan Daley · May 2, 2018 - 0 comments

ETF’s. It’s one of those common acronyms in the financial industry that gets thrown around a lot, but is rarely explained. ETF stands for an Exchange Traded Fund. It’s a single product that holds a basket of securities depending on the ETF’s investment mandate. In my latest video, I outline how ETF’s work and what to look out for when considering using an ETF in your portfolio since not all ETF’s are created equal.

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