Investment Commentary – Sept 30, 2024
Thank you for choosing Arbutus Financial as your financial advisory firm. We appreciate your trust and the business that comes with it. We hope you and your family are doing well and had a wonderful Thanksgiving. We want to share the following comments with you about investment markets. Q3 2024: Strong performance, lingering questions Global markets performed… Read more »
Is your RESP keeping up?
Soaring education costs diminish RESP effectiveness: Dale Jackson With the school year a few weeks in, nerves from dropping off little ones for the first time may be diminishing, but parents will have plenty more to get nervous about as the years go by. According to a recent study from Embark, a not-for-profit resource for… Read more »
Are you making gains?
Recent changes to Canada’s capital gains inclusion rate have sparked fresh confusion among some property owners about how this will affect them, while others are just realizing for the first time that the capital gains tax might apply to them. Anyone who owns a second house or condominium should already know the tax applies to… Read more »
Investment Commentary – June 30, 2024
Thank you for choosing Arbutus Financial as your financial advisory firm. We appreciate your trust and the business that comes with it. The first few months of the year investment markets have been strong. We want to share the following comments with you. It’s happening….the Bank of Canada cuts interest rates Global markets continued to… Read more »
What the kids are saying these days…
Gen Z finance terms, explained: from loud budgeting to doom spending and girl math. It’s all Greek to me… terms like doom spending, soft savings and girl math have been introduced by Gen Zs. Here’s what they mean. In recent years, the economy has experienced major challenges, from job losses and economic contradiction during the… Read more »
Investment Commentary – March 31, 2024
Thank you for choosing Arbutus Financial as your financial advisory firm. We appreciate your trust and the business that comes with it. The first few months of the year in investment markets have been strong. We want to share the following comments with you. Global markets stormed out of the gate in the first few… Read more »
Saving for a home using the FHSA
Buying a home can be a challenge for many young Canadians. If you feel that it’s getting harder to get into the housing market, you’re not imagining things. Fluctuations in house and condominium prices and interest rates can play a huge part in a first-time homebuyer’s ability to afford a home. The new Tax-Free First… Read more »
Do you know your money personality type?
February is Psychology month in Canada. It is celebrated every February to highlight the contributions of Canadian psychologists and to show Canadians how psychology works to help – people live healthy and happy lives, communities flourish, employers create better workplaces, and governments develop effective policies. In honor of psychology month – let’s dive into different… Read more »
Make the most of your RRSP
Tap into your RRSP’s full potential with these six tips. Contributing to a Registered Retirement Savings Plan (RRSP) is one of the most effective ways for Canadians to save for retirement. If an RRSP is part of your investment plan, here are some valuable suggestions you can take advantage of: Make it automatic With a… Read more »
12 tips to lower your tax bill in 2023
Most Canadians only think about their taxes when they file in March or April, but by then it’s often too late to take advantage of the many tax-saving opportunities out there. Minimizing the tax on your hard-earned income ins something you should pay attention to year-round. So what can you do today to lower your… Read more »