December 2017

‘Tis the season to be merry… and sort out your finances before year-end! … Right?


The end of a calendar year brings lots of additional to-do’s for our list. Between the holidays, change of seasons, and potentially a busier atmosphere at your workplace, your financial health might not be top of mind. It’s important to remember however that the end of the calendar year also marks the end of the tax year in Canada. Sorting out your income, capital gains & losses, RESP contributions, along with a myriad of other aspects of your financial plan, all have a deadline. Our feature article in this newsletter is Rick’s Year-End Tax Planning Tips, which has many considerations to make before the time comes to ring in the new year.

With any luck, the markets will perform just as well in 2018 as they did in 2017. Most financial markets posted great gains for the year, as Rick discusses in the final Market Watch of 2017.

Of course, one can only do well with their investments if they have anything to invest! The best way to get a handle on your financial situation is to learn how at an early age. Melissa has some “Do’s” and “Don’ts” for teaching your children about personal finance. Suffice it to say, the earlier you start teaching them, the better.

Being financially literate will certainly be an asset as your children get to university age and begin balancing work, education, student loans, and scholarships or grants. Two little-known grants that are available are the Apprenticeship Grants available from the Government of Canada during and after you complete your apprenticeship. Get one step closer to that Red Seal designation!

Here’s wishing all of our clients and your families a very happy and healthy holiday season, and all the best in 2018.


December 2017 Market Watch

Posted 05 Dec 2017 by Rick Irwin, CFP, CLU

We can look back on 2017 as being a fairly successful year, investment wise. Despite uncertainty about US political policy and sabre rattling with North Korea, most financial markets posted healthy gains for the year. The longevity of this market...

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Year-End Tax Planning Tips

Posted 21 Nov 2017 by Rick Irwin, CFP, CLU

As another year draws to a close, and given all the hustle and bustle of this time of year where certain things can get overlooked, I thought it was important to share with you some year-end financial and tax planning...

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Teaching Your Children to be Money Smart

Posted 29 Sep 2017 by Melissa Allan

One of many things parents have to face these days is the fact we may be raising “entitled” children.  I realize that’s a broad statement but let’s face it – kids of this generation have it better than we did!...

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Pursuing Apprenticeship? There's a Grant for that

Posted 01 Jun 2017 by Natalie LeBlanc

Pursuing a Red Seal designation in your trade can be a great career move, and what’s better is the federal government has grants available to help you out financially. Up to $4,000 is available through the Apprenticeship Incentive Grant and...

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