Articles and Notes

The Tax‐Free Savings Account (TFSA) is a flexible, registered, general‐purpose savings vehicle that allows Canadians to earn tax‐free investment income to more easily meet lifetime savings needs. (http://www.tfsa.gc.ca/)

If the RESP is registered to one parent, what happens in the event of their death? In the event of death, if the deceased has not specified otherwise in their will, the RESP will be annulled: grants will be returned to the government, and the individual's funds will go back to their estate.

Difference between collateral and conventional mortgages

Many people do not understand the purpose of RRSP and how it works . Do you really need it?

What is a financial plan? When you do it you need to think about good and bad things that could happen (disability, death, bankruptcy, liability, retirement, taxes)

Spousal RRSP is needed when one spouse earns much more than the second spouse

This is a type of GIC where interest depends on stock market