Understanding Retirement: Financial Literacy Insights for 2024
A record number of Canadians will turn 65 years old in 2024—an estimated 420,000 people. That’s about 1,150 or more people per day! This surge means more Canadians will soon be retiring than ever before. However, jumping into retirement too soon might not be the best idea. Here are five reasons why retiring at[ ► ]
The New Landscape of Capital Gains Tax on Inherited Properties
Great. I’ll gather in-depth information on Canada’s proposed changes to capital gains tax in the 2024 federal budget, specifically how it affects inherited properties. I’ll include comparisons with previous tax rules, explore legal and financial implications (especially involving asset protection strategies), and provide expert opinions or planning tips. The final result will be[ ► ]
