The best way to transfer wealth is rooted in a foundation of financial literacy, open discussion and honest communication Although inheritance continues to be a primary vehicle for the passage of wealth between generations, many are instead adopting a “giving while you’re living” mentality. Photo by Getty Images/iStockphoto The Great Wealth Transfer represents an unprecedented… Continue reading Giving while you’re living and other options for the huge $30-trillion intergenerational wealth transfer
Bank of Canada raises interest rate: Read the official statement
Raises rate 50 basis points to 1 per cent The Bank of Canada building in Ottawa. Photo by Chris Wattie/Reuters Here’s the official statement from the Bank of Canada’s interest rate decision on Wednesday, April 13, 2022: Advertisement 2 This advertisement has not loaded yet, but your article continues below. The Bank of Canada today… Continue reading Bank of Canada raises interest rate: Read the official statement
Bank of Canada hikes interest rate by 0.5% for first time in 22 years
Another half-point increase in June is definitely possible Publishing date: Apr 13, 2022 • 12 hours ago • 3 minute read • 235 Comments Bank of Canada governor Tiff Macklem. Photo by REUTERS/Blair Gable The Bank of Canada raised its benchmark interest rate a half point Wednesday and released a new economic forecast that says inflation… Continue reading Bank of Canada hikes interest rate by 0.5% for first time in 22 years
U.S. Senator Joe Manchin’s visit to Alberta cheers Jason Kenney’s government
Manchin’s junket comes as the U.S. scrambles to find ways to ease an oil market supply crisis U.S. Senator Joe Manchin (D-WV) at the U.S. Capitol in Washington. Photo by REUTERS/Jonathan Ernst/File Photo The mood among Alberta government officials this week bordered on cheerful as they played host to Joe Manchin, the Democratic senator from… Continue reading U.S. Senator Joe Manchin’s visit to Alberta cheers Jason Kenney’s government
‘Nowhere to hide’ for investors in market turbulence
‘Conventional portfolios are in big trouble’ Author of the article: Financial Times Harriet Agnew and Chris Flood in London A trader works on the trading floor at the New York Stock Exchange. Photo by REUTERS/Andrew Kelly files Fund managers have been tripped up by global stocks and bonds falling in tandem in the first quarter.… Continue reading ‘Nowhere to hide’ for investors in market turbulence
Lying low may not be the best course of action when it comes to temporary spousal support claims
Spousal support order — made a decade after separation — gives new meaning to the phrase ‘a diamond is forever’ Spousal support is one of the most discretionary areas of family law. Photo by Getty Images/iStockphoto Spousal support is one of the most discretionary areas of family law. The issue can become even more complex… Continue reading Lying low may not be the best course of action when it comes to temporary spousal support claims
‘Important for Canada to react’: Finance Minister Chrystia Freeland defends increased defence spending
Canada’s military spending is now set to double between 2016 and 2026 Publishing date: Apr 12, 2022 • 13 hours ago • 2 minute read • 17 Comments Finance Minister Chrystia Freeland. Photo by Galit Rodan/Bloomberg Finance Minister Chrystia Freeland defended the steep increase in defence spending outlined in the 2022 federal budget, citing the war… Continue reading ‘Important for Canada to react’: Finance Minister Chrystia Freeland defends increased defence spending
How to dispute a tax decision
Objecting to the CRA can be expensive — here’s how to decide if it’s worth it Author of the article: Inside Creative House/Shutterstock The single biggest tax mistake David Rotfleisch sees Canadians make is waiting too long to object to a Canada Revenue Agency (CRA) assessment. Advertisement 2 This advertisement has not loaded yet, but… Continue reading How to dispute a tax decision
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