…information about products and services Expected standardsBest practicesThe advisor gives you a general overview of the products and services they offer. The advisor provides you with a detailed explanation of…
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How power of attorney works
…states the conditions under which it takes effect. How do you choose a power of attorney? The most important decision you will make when preparing a power of attorney is…
Ways to contribute to an RRSP
…previous year. Under a defined contribution or deferred profit-sharing plan – your pension adjustment is the amount that you and your employer contributed to your plan account in the previous…
How AI is being used in finance
…with regulators nationally (Canadian Securities Administrators) and internationally (International Organization of Securities Commissions) to further a shared understanding of the issues, risks and challenges that emerging AI technologies used in…
What to do if your tax return is reviewed or audited
…especially if you are self-employed or are paid in cash. The CRA compares taxpayers in similar businesses to see if anything stands out. It also sometimes tests a certain group of…
How can you make money from investing?
…company. Dividends give investors a share of what the company makes. The money comes from the company’s profits. You get a regular income from these investments. Dividends can be reinvested into more…
FPM 2025
…celebrity’s photo on promotional materials, it does not mean the famous face is knowledgeable or actually endorses the company. 3 Unsolicited phone calls and emails: You keep getting multiple calls…
Fraud Prevention Month
…celebrity’s photo on promotional materials, it does not mean the famous face is knowledgeable or actually endorses the company. 3 Unsolicited phone calls and emails: You keep getting multiple calls…
What to consider before borrowing against your home
…disadvantages of borrowing against your home? Using your home equity has some advantages and disadvantages compared to other forms of borrowing. It’s a good idea to consider the pros and…
Bank account basics
…to a certain limit, for which you’ll pay a fee. 5. Shop around and compare fees Financial institutions compete for your business. It’s worth shopping around to compare fees and…